Al-Wabel for Trading and Maintenance Co Looking for Head Accountant at Saudi , Riyadh Full Time

Job Description:

• Oversee the operations of all accounting functions including Accounts Payable, Accounts receivable, Treasury, Fixed Assets, Month-end accruals, and provisions.
• Responsible for year-end closing and the preparation of the monthly financial statements.
• Prepare monthly, quarterly, and year-end management financial reports.
• Review and approve all payment transactions: reimbursements, payments on accounts, vouchers, checks, etc.
• Handles year-end-closing and monthly financial statements.
• Review balance sheet account reconciliations.
• Liaise with external government institutions and act as the main contact for internal and external audits.
• Respond to all queries related to financial matters.
• Recommend and draft financial and accounting policies and procedures.
• Maintain the accounting manual up to date and ensure the adherence to the manual and all policies and procedures.
• Review and approve journal vouchers.
• Reviews, investigates and corrects errors and inconsistencies in financial entries, documents, and reports.
• Coordinate the accurate and timely payment of suppliers.
• Assist in the preparation of yearly budgets.
• Administer all balance sheet accounts reconciliations.
• Act as the point of contact for queries related to employee and supplier payments.
• Reviews account payables and weekly check runs.
• Determines proper handling of financial transactions and approves transactions within designated limits.
• Compiles and analyzes financial information to prepare entries to general ledger accounts, cost centers and documents business transactions.
• Responsible for distributing financial statements and cost center reports.
• Performs miscellaneous job-related duties as assigned.

Qualifications:

• Bachelor’s degree in accounting

Experience Requirements:

• Experience in creating a budget, accounting guidelines, end of year accounts, and external liaison with auditors.
• 2 – 3 years same positions or 5 – 7 years at least in the Supervisory level, background in Hospitality is must.

Key Skills & Core Competencies:

• Judgment and decision making
• Critical thinking
• Working knowledge of computer, especially accounting/spreadsheet related software and tools
• Managed the financial reporting, consolidation and financial analysis process to ensure that the firm financial information is accurate, methodic, timely and meets business needs.
• Advise the top level management with regards to finance, management, staffing and other service issues and procedures
• Directed the financial end to end processes of the company: Annual WP, bi quarterly business forecasts and actual results.
• Led and directed the financial planning for the organization, including business operations and forecasting the business financial results.
• Involved in Business Development activities to develop financial models for sales and marketing initiatives and pricing strategies.