Associate Accountant

Job description / Role

- Assist with daily business unit reporting
- Assist with monthly variance analysis
- Prepare and post journal entries for month end close activities
- Reconcile various general ledger accounts; clear outstanding items
- Assist with special projects and ad hoc reporting
- Cross train on various accounting functions within the department
- Assist with yearend external audit
- Research outstanding issues as assigned
- Liaison between Accounting and Payroll/HR teams
- Upload the weekly & semi-monthly payroll feeds the General Ledger
- Record month-end payroll related journal entries
- Coordinate employee movements between Companies or Cost Centers
- Headcount reporting
- Analyze financial statements and report on variances on a monthly basis
- Prepare a wide variety of monthly payroll related account reconciliations
- Assist in the documentation and monitoring of internal controls
- Help to identify and implement process improvement and standardization opportunities
- Other projects as assigned by management
- Review, correct and execute pay data inputs and calculations.
- Apply benefit, retirement, deferred compensation, garnishment, and any other deduction rules.
- Perform retroactive calculations and process overpayment recoveries.
- Review exceptions and unprocessed pay data and reconcile errors and make adjustments, as needed.
- Generate pay slips and transfer payroll funds in accordance with the payroll schedule as well as off cycle paycheck runs.
- Distribute expenses to appropriate general ledger accounts.
- Generate payroll reports and relocation reporting and determination of gross-up eligibility.
- Support period-end closes by completing all responsibilities and resolving all open issues within established schedule.
- Distribute expenses to appropriate general ledger accounts.
- Generate payroll reports and relocation reporting and determination of gross-up eligibility.
- Support period-end closes by completing all responsibilities and resolving all open issues within established schedule.

Requirements

- Minimum degree in accounting or finance.
- 1+ years' experience of accounting/payroll experience
- Knowledge in MS office Word, Excel, and PowerPoint.
- Knowledge of basic accounting/payroll procedures.
- Extensive background and understanding of payroll legislation and processes.
- Strong understanding of accounting theory and how to apply it.
- Ability to read, speak and write in the English & Arabic languages in a clear & concise manner.
- Ability to calculate amounts such as discounts, commissions, pro-rations, and percentages.
- Ability to research and resolve Payroll issues.

Competencies:
- Solutions and critical thinking.
- Building Organization Capacity
- Communication Proficiency.
- Customer Service.
- Collaboration
- Discipline

About the Company

SAED provides innovative workforce solutions, connecting human potential to the power of business. Incorporating the latest technology, detailed research and expertise to anticipate and facilitate the current outlook and potential growth of the Kingdoms labor market and the changing world of work.

SAED provides large scale long term strategies, with the aim of improving and adding to the Saudi labor market. By researching in detail and providing relevant insights into the people searching for employment, entities looking to employ and the future of work. Examining the labor market, planning and executing employment strategies and applying technology systems to assist in the Kingdoms economic development.