asst accounts manager for saudi

asst accounts manager for saudi 

Job Description

Assistant Accounting Manager                                                             20.CO.0301

Finance

Position

Job Purpose

Department                                        Finance

Reports to                                          Accounting & Tax Manager

To assist Finance Manager in the day to day running of the finance department including taxation matters and provide necessary inputs on managing risks and to oversee the

accounting operations across the division

Key Accountabilities          Strategic

Oversee the preparation and consolidation of financial statements

Oversee the maintenance of ledger chart of accounts and maintain complex databases

Financial

Ensure timely and accurate closing of books, timely payment of tax and filing tax returns

Operational

• Structure the transactions in a manner consistent with International Financial
• Reporting Structures and local laws
• Comply with all local tax and legal financial reporting, filing, record keeping and remittance
• Keep informed of local tax legislation and advise corporate tax of new developments/opportunities and implement corporate tax planning initiatives Support local auditors during the year•end activities and act as financial advisor on any new or significant projects
• Perform month end closing activities by generating and reconciling income and expense accruals
• Ensure that all Balance Sheet accounts are reconciled monthly and signed off by respective signatories
• Verification of reconciliation (Banks, Accounts Payables, Accounts Receivables, and  Interdivision  accounts)  to  ensure  timely  recording  of  transaction  to  enable proper reporting
• Ensure completion of financial statements and analyze actual financial status results in comparison with forecasts
• Monitor time and expense reporting process to ensure optimal revenue and proper cost controls are maintain
• Manage and ensure that all accounting/finance related data are updated on a daily basis and information to commercial or country/corporate head are provided accurately on time
• Review quarterly supplier reconciliation and ensuring timely recovery of all shortages and damages/defectives from supplier
• Manage debtors by continuously analyzing, identifying and covering credit risk so that revenues are maximized without jeopardizing the company receivables Manage and control finance and accounting activities in areas covering revenue, receivables, payables, consultants payroll and monitoring business unit financial