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Riyadh, Saudi Arabia
Closing date
May 24, 2024

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Job Description

Role Summary:

Ensuring accurate and timely financial record-keeping, reconciling bank transactions, addressing supplier invoice discrepancies, reviewing journal entries, and maintaining compliance with ZATCA, IFRS, and other regulatory requirements.

Main Responsibilities:
  • Ensure the timely and accurate recording of all business transactions in the ERP system.
  • Conduct weekly reconciliation of bank accounts to identify and address discrepancies. And investigate and resolve any discrepancies or irregularities on time.
  • Review supplier invoices and payment records to ensure accuracy, address discrepancies or errors in booking supplier invoices, and coordinate with relevant departments for resolution.
  • Review period-end journal entries and financial statements to ensure accuracy and compliance with accounting standards.
  • Stay current with ZATCA (Zakat and Tax Authority), IFRS (International Financial Reporting Standards), and other regulatory requirements relevant to the finance function with compliance with all financial and accounting regulations.
  • Prepare and analyze financial reports, including income statements, balance sheets, and cash flow statements.
  • Assist in the preparation of budgets and financial forecasts.
  • calculate and prepare tax returns, including VAT and income tax and Ensure timely submission of tax returns and compliance with tax regulations.
  • Perform additional tasks as assigned.

Required Qualifications:
  • Minimum bachelor's degree in Accounting, Finance, or a related field.
  • +2 years of experience.
  • Professional certificate in SOCPA, CMA, is preferred

Core Competency:

  • Self-driven and takes action proactively.
  • Pursues goals with persistence and stamina, works on tasks thoroughly, ensuring accuracy and meeting standards.
  • Maintains high levels of quality and effectiveness of work outputs and achieves outstanding results.

  • Collaborates constructively with people at all levels across the organization.
  • Helps colleagues, always be available to the team, and delivers on team commitments.
  • Trusts the guidance and direction of colleagues and senior members of the team.

Analytical Thinking:
  • Examines, evaluates, and analyses different types of information objectively.
  • Spots trends and patterns, establishes key facts clearly and interprets numerical data effectively.
  • Provides insights and identifies ways to improve things. Trusts intuition about which methods will work best.

Effective Communication:
  • Listens attentively and seeks to understand before being understood.
  • Explains things clearly and articulates and presents information effectively and confidently.
  • Challenges ideas effectively and presents persuasive arguments by presenting a strong case.

Functional Competency:

Financial Accounting

Strong knowledge of accounting principles and practices, including accurately recording financial transactions.

Financial Analysis

Proficiency in financial analysis and reporting, including interpreting financial data and providing insights.

Regulatory Compliance

Familiarity with ZATCA, IFRS, and other financial regulatory requirements, and the ability to ensure compliance in financial operations.

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