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Senior Accounting Manager

Senior Accounting Manager

SABIL | سابلRiyadh, Riyadh Region, Saudi Arabia
16 days ago
Job description

Overview

Job Title : Accounting Senior Manager

Location : HQ Office – Riyadh

Role Purpose : Oversee and manage SABIL bookkeeping operations and financial accounting processes, ensuring accuracy, compliance with accounting standards, and contributing to the strategic financial decision-making of the organization. Ensure the timely and systematic recording of financial transactions, reconciliation of accounts, and management of SABIL fixed assets register.

Responsibilities

Bookkeeping and Financial Reporting :

  • Manage the accurate recording of financial transactions in the general ledger, upholding rigorous adherence to stringent accounting standards within the framework of National Grain Supply (SABIL).
  • Conduct regular and thorough reconciliation of general ledger accounts, promptly addressing any identified discrepancies to uphold financial accuracy and transparency within SABIL.
  • Oversee branch-specific financial transactions and reporting to support strategic decision-making and financial transparency.
  • Collaborate on annual budget development, monitor performance, and provide strategic insights for financial optimization.
  • Support in the development of financial statements, ensuring all required general ledger entries and financial transactions are provided to the Corporate Finance department.
  • Conduct in-depth financial analysis, offering insights into Key Performance Indicators (KPIs) and trends to inform strategic decision-making.

Accounts Management :

  • Supervise the accounts payable process, ensuring invoices are processed timely and accurately, promoting smooth financial operations.
  • Support in the accounts receivable process, ensuring all recorded accounts receivables are collected by the Treasury Operations unit.
  • Implement and enforce payment policies and terms with vendors, cultivating positive, transparent relationships for mutual success and long-term partnerships between National Grain Supply (SABIL) and its vendors.
  • Manage and optimize the accounts receivable process, ensuring precise and timely customer invoicing to maintain financial accuracy and customer satisfaction.

    • Fixed Asset Management :

  • Manage the fixed assets register, including the tracking of acquisitions, disposals, and depreciation to maintain accurate financial reporting and compliance with accounting standards.
  • Conduct periodic physical asset verifications, systematically reconciling any identified discrepancies to ensure the maintenance of accurate and reliable records.

    • Internal Controls and Compliance :

  • Implement and enforce robust internal controls to safeguard the financial integrity of SABIL.
  • Ensure strict adherence to accounting policies and standards across all branches, fostering regulatory compliance, and maintaining strong financial governance.

    • Qualifications / Requirements

    Knowledge and Experience :

  • Minimum of 10 years of experience is required, with 3-5 years at a senior / mid-managerial level in a similar discipline / capacity.
  • Experience in the industry is highly preferred.
  • Experience in SAP ERP is highly preferred.

    • Education :

  • Bachelor’s degree in Accounting, Finance, or any finance-related discipline.
  • Certifications (CGMA, CPA, CMA) are mandatory.

    • Additional details

  • Seniority level : Director
  • Employment type : Full-time
  • Job function : Accounting / Auditing, Analyst, and Finance
  • Industries : Retail, Food and Beverage Manufacturing, and Agriculture, Construction, Mining Machinery Manufacturing

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    Accounting Manager • Riyadh, Riyadh Region, Saudi Arabia