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Chief Accountant - Jobs in Jeddah , Saudi Arabia

1.00 to 10.00 Years   Jeddah , Saudi Arabia   08 May, 2023
Confidential Company
1 Jobs Openings
Job LocationJeddah , Saudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryFMCG
Functional AreaNot Mentioned

Job Description

On behalf of our client, who is within the FMCG industry, we are looking for potential candidates for the position of Chief Accountant who will be responsible for overseeing the accounting function and managing external and internal reporting and upkeeping of financial statements and continuously improving the recording and accounting methods and processes.

  • Overseeing the accounting function to ensure the timely and accurate availability of reports to external and internal stakeholders.
  • Upkeeping financial statements while continuously improving the recording and accounting methods and processes to improve operational excellence and efficiency.
  • Ensure full compliance with HSE regulations and procedures to maintain a safe working environment at all times.
Responsibilities:Accounting Operations:
  • Review daily, monthly, and other periodic accounting, journal entry bookings.
  • Reconcile accounts, post journal entries and maintain a complete and accurate general ledger in accordance with international accounting standards (IFRS) and reporting schedules
  • Prepare and validate the Month-End closing process including validating accruals, journal entries, and all working schedules.
  • Prepare financial statements (balance sheet, profit, and loss, cash flow, etc.) and submit periodical management reports to internal and external stakeholders.
  • Schedule Zakat and Income Tax payments and any other tax-related matters supported by the tax consultant.
  • Solid contribution to the process of BCR forecast and annual yearly budget.
  • Review company financial policies and guidelines and provides a recommendation for amending existing policies and/or formulating new policies to ensure compliance with evolving changes in regulations.
  • Managing and overseeing the company insurance policies.
  • Work with the external auditor, tax agent, banker, and group finance to ensure timely filing.
  • Interfacing with local IT consultants to test recent ERP software implementation.
  • Monitor and analyze P&L and Balance sheet transactions and ensure their correctness; deal with eventual discrepancies; review and confirm the overall correctness of P&L and BS statements.
Team management:
  • Fosters collaboration in the team and with other teams.
  • Know how to have the right people at the right time at the right place, which means anticipating on attrition via active succession planning in the team and by hiring new staff.
  • Manage team performance and conduct yearly appraisal interviews with the team.
  • Share knowledge and train team members to develop a learning culture.
  • Takes the lead on finance initiatives and supports in implementing new projects, improvements or process changes.
Other:
  • Carry out additional relevant tasks as advised by the direct supervisor.
  • Adhere to all policies and procedures as per the BCR manual.
  • Manage team performance and conduct yearly appraisal interviews with the team.
  • Share knowledge and train team members to develop a learning culture.
  • Takes the lead on finance initiatives and supports in implementing new projects, improvements or process changes.
Other:
  • Carry out additional relevant tasks as advised by the direct supervisor.
  • Adhere to all policies and procedures as per the BCR manual.

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