Chief Accountant

Posted Date about 1 year ago
Location Riyadh
Discipline Finance & Banking
Job Reference 30500
Salary 20000.0
Responsibilities & Authorities:
  • Providing and interpreting financial information.
  • Monitoring and interpreting cash flows and predicting future trends.
  • Conducting reviews and evaluations for cost-reduction opportunities.
  • Managing company's financial accounting, monitoring, and reporting systems.
  • Liaising with auditors to ensure annual monitoring is carried out.
  • Developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organizations such as the Inland Revenue;
  • Producing accurate financial reports to specific deadlines.
  • Preparation and management of budgets.
  • Arranging sources of finance for company's debt facilities.
  • Monitoring the procurement process of company.
  • Monitoring production cost of finished products.
  • Providing monthly MIS reports like P&L, Tableau de bord, Cash flow, Customer performance, departmental profit for the group.
  • KPI for Receivables, Payables, Stock and Working capital, Margin analysis.
  • Conducting inter-department meeting and intra-department meetings.
  • All the financial feasibility studies for the new projects in the various departments.
  • Providing necessary information to management as and when necessary.
  • To make contract with the outside services for auditing, banking, investments, and other financial needs.
  • Having knowledge about current market trends to seek out the methods of minimizing financial risk to the company.
  • Maintain the financial policies & procedures for the company to understand and to cling to the financial regulations.
  • Ensuring appropriate provisions for Zakat & VAT and coordinating for final Certificates from the GAZT.
  • Coordinate with consultant for Withholding Tax (WHT) clearance and submitting necessary documents for WHT provisions. Ensuring compliance with WHT rules on monthly basis.
  • Provide training to new and existing staff as needed.
Skills or Competencies:
  • Strong leadership with good analytical and problem-solving skills.
  • Having attention to detail with the ability to plan to use organizational skills.
  • Strong demonstrated use of Excel, Word & Power point along with having knowledge of Advanced Excel skills.
  • Will need to demonstrate that they can apply theoretical knowledge on relevant aspects of Finance & Accounting functions as per the IFRS guidelines.
  • Report writing skills.
  • Experience in ERP- Microsoft 365 is an advance
  • Arabic and English
  • Nationality: Any
  • Academic: CA/CPA/CMA/IFRS Dip
  • Having minimum 5 years of experience in a finance management role.