We are seeking an Accounting Manager for a new, confidential Real Estate project in Khobar, KSA.
Job Summary
You will be responsible to manage the accounting process and core accounting functions of cash and banks, AR, Investments, AP, FA and others, as well as releasing timely and accurate monthly trial balance and monthly financial statements.
We are seeking a finance professional with circa 10 years of experience with exposure to Real Estate projects and start-ups.
ROLES & RESPONSIBILITIES
· Perform general ledger accounting functions ensuring compliance with all accounting policies and procedures
· Responsible for preparation of financial reports (in accordance with IFRS)
· Prepare and maintain monthly accounts reconciliation
· Lead audit coordination along with both internal and external auditors and provide information and documents as needed
· Manage the daily operations of the Accounting section to ensure that work processes are implemented as designed and comply with established policies and procedures
· Manage and maintain proper internal control over all the accounting sections’ processes in coordination with the Finance Processes and Control Manager
· Manage with the Group Financial Analyst the preparation, reviewing and submission of precise and well-timed annual financial statements to external auditors to ensure compliance with governmental regulations
· Monitor the prepayments and charge the expense on monthly basis
· Review the related parties’ balances and send formal balance confirmation request on monthly basis then follow up to reconcile all pending items.
· Direct the accounts payable to ensure timely payments to all suppliers to maintain the Company’s image and reputation
· Monitor vendor payments ensuring compliance with finance policies and procedures, completeness of payments supporting documents and required approvals as per the authority matrix
· Review accrued expenses and Zakat to ensure data accuracy and reliability
· Review monthly trial balance to issue monthly financial statements in compliance with applicable accounting standards in Saudi Arabia
Education
Experience
Skills and Competencies
Strong numerical, analytical and problem-solving skills
Strong management, leadership and communication skills
Ability to liaise effectively with various departments
Experience in real estate companies / real estate development projects
Outstanding written and oral communication skills in English required – equivalent proficiency in Arabic is recommended
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