Retail Accountant

Job description / Role

Retail Accountant - Saudi Arabia

Responsible for developing, maintaining and enhancing the budgeting, financial planning, control, accounting and reporting, policies and practices.

- Responsible for the Accounting of all branches in Saudi Arabia.
- To execute Accounting for all areas such as booking invoices, expenses, salaries, banks, sales, inventories and fixed assets, banks / payable accounts / receivables accounts reconciliations
- Responsible to deliver monthly closed trial balances
- Ensuring data accuracy and fullfiling the deadlines established.
- Updating executive managers on risks identified and recommend action to be taken
- Able to prepare financial management reports
- Continuous management and support of budget and forecast activities
- Develop and maintain financial databases
- Prepare for financial audit and coordinate the audit process
- Control and ensure funds are available to run the operations including proper cash flow management and forecast to be able to identify of time the financial by amount and by type.
- Oversee the production of key financial statements and coordinate completion of internal and annual statutory audits as per agreed schedules, in order to ensure company compliance with statutory reporting requirements and obligations
- Ensure compliance of the company with the tax regulations and laws affecting the business and consult with tax Advisors, preferably the assigned auditor, in order to be up to date with newly published laws
- Review hedging activities as communicated by the Management Team.
- Update and maintain currency needs by monitoring the Purchase Orders placed by the Brand Managers and cover outstanding currency exposure if any
- Ensure that payments and other accounting/finance procedures are performed in compliance with Agreements
- Maintain effective relationships with suppliers and Banks, and ensure compliance with the Agreements signed with them
- Prepare annual budget, projects feasibilities and business plan of the company
- Define, develop and implement Finance/Accounting plans, policies and procedures in line with corporate Finance strategy and perform cost benefit analysis related to projects / programs
- Negotiate terms to reduce costs and permanently look for ways to enhance the operational and financial performance

Requirements

- Accounting degree
- ACCA (Association of Chartered Accountants)/ CFA (Chartered Financial Analyst) certified
- Minimum experience of 4 years of Retail Accounting Experience
- Experience working on accounting software
- Advanced skills in Microsoft Office
- Excellent organizational and time management skills
- Detail oriented
- Ability to plan and define priorities
- Discipline and organized working methods
- Analytical skills
- Ability to plan and define priorities
- Must speak Arabic

Behavioral Competencies:
- Strategic Thinking
- Driving and Achieving results
- Decision Making
- Analytical Thinking
- Attention to details
- Commercial Understanding

About the Company

International Recruitment Executives provides a full 360’ recruitment service and takes pride in tailoring solutions to meet each individual client’s needs on a case-to-case basis.

Our service offering focuses on middle level to Senior, Director and C-suite executives across the following specialisms:

• Leisure • Hotel & Hospitality • Banking & Finance • Legal • PR & Communications • Digital & Social Media • Human Resource • Business Operation Professionals

Our range of services includes the following:

Contingency Recruitment

Using our database, network and respected relationships International Recruitment Executives can introduce you to high calibre individuals who are both active and passive within their market and industry; providing a higher level of service to our Clients and Candidates than other consultancies.

Our campaign management service delivers comprehensive support for the end-to-end management of your recruitment campaign. We devise and run a bespoke campaign dealing with the initial marketing through to selection and on boarding of the selected individuals.

Executive Search

Our dedicated sourcing team is consistently mapping the market within their specific industry and discipline enabling them to identify and select suitable candidates for your organization. We utilise a tried and tested search methodology that ensures we find the best candidate to fill your specific brief whilst also ensuring and maintaining confidentiality.

Bespoke Recruitment Projects

Our projects team is experienced in delivering bespoke project recruitment solutions. Clients utilize this service during restructures and rapid growth to alleviate pressure on their own internal recruitment teams. We work directly with our Clients by providing them with advice and dedicated support to identify the requirements of their business by taking full responsibility of the project and recruitment life cycle requirements to ensure the delivery of high quality support service