Chief Accountant

Job description / Role

Responsible for knowing critical functions within the department and capable of mentoring and assisting employees within the department.
- Utilize teamwork to develop departmental synergy.
- Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.
- Reviews accounts 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.
- Prepares work papers and supporting schedules for the annual financial review.
- Staff management and development.
- Prepares financial statements and other reports to summarize and interpret current and projected company financial position.

Requirements

- B.S. Degree in Accountancy or Finance.
- Minimum 7 -10 years of experience. Experience with a big audit firm is a solid plus
- Cross check and verify data/records processed by the accountants
- Analyze transactional processes and identify areas where additional accuracies and efficiencies can be achieved.
- Adheres to internal and external deadlines.
- Assist with annual budgets – prepares all allocations.
- Coordinate monthly closing process and reconciliation of general ledger accounts.
- Develop and implement various accounting procedures.
- Preparation of the monthly accounting reports and annual financial in accordance with accounting standards generally accepted in Kingdom of Saudi Arabia.
- Previous Audit experience is a plus.
- Previous ERP experience is a plus.
- CPA / CMA / ACCA is a plus.

About the Company

Fawaz Refrigeration and Air-conditioning Co. WLL was established on 30th May 1973 as a Electro-Mechanical contracting company in Kuwait under the leadership of founder chairman Late Mr. Mubarak Abdulaziz Al Hassawi.

Since then, FRAC experienced expansion spreading across Kuwait and subsequently to various GCC countries namely U.A.E., Saudi Arabia, Qatar, Bahrain, Yemen, Oman and Iraq with more then 35 offices, 50 international Agencies, dozens of showrooms and workshops.

Fawaz Group in Saudi Arabia was established in 1981 and has become a market leader in Heating, Ventilation, Air Conditioning & Refrigeration products and services.