Accountant
SscegyptRiyadh, Riyadh Region, Saudi Arabia30+ days ago
Job descriptionPrepare monthly, quarterly, and annual financial statements, including profit and loss statements, balance sheets, and cash flow statements. Assist in the preparation of budget reports and forecasts. Analyze financial data to identify trends, variances, and discrepancies. Generate reports for internal and external stakeholders as needed. Ensure adherence to local financial regulations, tax laws, and company policies. Prepare and submit tax filings (e.g., VAT, corporate tax) on time. Support internal and external audits by providing necessary documentation and reports. Manage payroll calculations and ensure timely salary disbursements. Calculate deductions, benefits, and taxes, ensuring compliance with local labor laws. Ensure time sheets are submitted digitally through the application. Follow up with foremen, project managers, and camp bosses to address missing time sheets. Send reminders and ensure all time sheet records are complete and accurate. Perform time sheet reconciliation twice a month to reduce end-of-month workload. Upload reconciled time sheets into the ERP system. Payroll Preparation : Prepare the payroll register, including : Verification of wages, increments, deductions, annual leave, sick leave, absenteeism, and monthly allowances. Bank account details of employees for salary transfers. Check for duplicate transactions and ensure travel time does not exceed the maximum allowable limit of 3 hours. Verify job numbers for accuracy and completeness. Facilitate bank account opening for new employees through the designated bank. Ensure compliance with WPS (Wage Protection System) requirements for salary transfers and deductions. Address employee complaints regarding prior month payroll payments and make necessary adjustments Use accounting software to perform daily operations efficiently. Assist in the implementation or upgrade of financial systems, if required. Work closely with other departments to provide financial insights and support operational planning. Assist the Senior Accountant or Finance Manager with special projects and ad-hoc financial analyses. Monitor cash flow to ensure sufficient liquidity for operational needs. Maintain records of company assets and support periodic asset audits. Education : Bachelor’s degree in accounting, Finance, or a related field. Experience : 5-8 years of relevant experience in accounting or finance, preferably in a similar industry or organization. Strong knowledge of accounting principles and financial reporting standards (e.g., IFRS, GAAP). Proficiency in accounting software (e.g., Sage, QuickBooks, SAP, Oracle, or similar). Advanced knowledge of Microsoft Excel and other MS Office applications. Soft Skills Excellent analytical and problem-solving abilities. Strong attention to detail and organizational skills. Effective communication and interpersonal skills. Ability to meet deadlines and work under pressure. Language Skills Proficiency in English and Arabic is required.
Key Responsibilities :
1. Financial Transactions and Bookkeeping :
- Record and maintain accurate financial transactions in the accounting system.
- Reconcile bank statements and accounts to ensure accuracy and completeness.
- Process accounts payable and accounts receivable transactions, including invoice preparation, verification, and payment.
- Maintain the general ledger and post journal entries as required.
2. Financial Reporting :
3. Compliance and Auditing :
4. Payroll Processing :
5. Financial Systems and Tools :
6. Collaboration and Support :
7. Cash and Asset Management :
Qualifications and Skills Education and Experience :
Technical Skills :
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Accountant • Riyadh, Riyadh Region, Saudi Arabia
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