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Accountant - Jobs in Riyadh, Saudi Arabia

1.00 to 10.00 Years   Riyadh, Saudi Arabia   20 Feb, 2024
Job LocationRiyadh, Saudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryAutomotive Dealership & Distributor
Functional AreaNot Mentioned

Job Description

Key Responsibilities:1.˙Financial Record-Keeping: Maintain˙accurate and up-to-date financial records for the automotive company, Record transactions, including purchases, sales, receipts, and payments, Ensure compliance with accounting standards and regulations in Saudi Arabia.2.˙Budgeting and Forecasting:˙Assist in the preparation of annual budgets and forecasts for the automotive business, monitor budgetary performance and provide variance analysis report, Collaborate with department heads to develop realistic financial plans.3.˙Financial Analysis:˙Analyze financial data and trends to identify areas for improvement or cost-saving opportunities Prepare financial reports, including income statements, balance sheets, and cash flow statements, Provide insightful analysis and recommendations to management based on financial findings.4.˙Tax Compliance:˙Ensure compliance with tax regulations and requirements in Saudi Arabia, Prepare and file tax returns accurately and on time, Stay updated on changes in tax laws that may impact the automotive industry.5.˙Internal Controls:˙Implement and maintain internal controls to safeguard company assets and prevent fraud, Conduct periodic audits to assess the effectiveness of internal controls and identify any weaknesses.6.˙Financial Planning and Strategy:˙Contribute to the development of financial strategies and long-term plans for the automotive business, Provide financial insights to support decision-making regarding investments, expansion, and cost management.7.˙Liaison with External Stakeholders:˙Communicate effectively with external auditors, tax authorities, and regulatory bodies. Address any financial inquiries or issues raised by external stakeholders in a timely manner.

  • 8.Team Collaboration:˙Collaborate with colleagues across departments, including sales, procurement, and operations, to achieve common financial goals. Provide support and guidance to junior accounting staff as needed.

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