Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.
Ensure the accuracy and authenticity of all accounting transactions as per the IFRS guidelines.
Ensure an accurate and timely monthly, quarterly and year end closing and reporting.
Provide necessary information and data required by the Auditors (Statutory & Internal)
Ensure the quarterly reviews and annual auditing as per the management deadlines.
Proper Accounting, monitoring and reconciliation for Intercompany transactions.
Monitoring and reporting related party transactions.
Ensuring timely collection from debtors.
Recommend for appropriate provisions for bad debts on a consistent basis as per the company policy.
Controls on records keeping, proper filing and documentation.
Ensuring appropriate provisions for Zakat & VAT and coordinating for submission of monthly returns and obtaining final Certificates from the ZATCA.
Coordinate with consultant for Withholding Tax (WHT) clearance and submitting necessary documents for WHT provisions. Ensuring compliance with WHT rules on monthly and quarterly basis.
Inventory valuation and ageing analysis.
Monitoring Fixed Assets Accounting and depreciation computation.
Proper and timely booking of provisions, accruals and prepaid expenses
Appropriate and accurate provisions for End of Service benefits.
Keeping track of important Insurance policies of the company.
Supports budget and forecasting activities.
Competent in making 3 to 5 year?s financial projections.
Must be conversant in making the capital investment evaluations (IRR, NPV Payback period etc.)
Collaborates with the other department managers to achieve the overall goals and objectives of the company.
Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
Advises staff regarding the handling of non-routine reporting transactions.
Ensure that efficient cash flow is achieved in the entity.
Responds to inquiries from the CFO, FC, Reporting Manager, Treasury Manager and other department managers regarding financial results and special reporting.
Work with CFO, FC, Reporting Manager and Treasury Manager and to ensure clean and timely quarterly review and yearend audit.
Supervise the general ledger group to ensure all financial reporting deadlines are met.
Assist in development and implementation of new procedures and features to enhance the workflow of the department.
Provide training to new and existing staff as needed.
Handle personnel issues relating to staff conflicts, absenteeism, performance issues.
Work with each direct report to establish goals and objectives for each year and monitor and advice on the progress to enhance the professional development of staff.
