Accounting & Finance Supervisor

KAFAAT Recruitment

Khobar, Saudi Arabia

Posted
Ref: SP893-177

Job description / Role

Employment: Full Time

Job duties

Prepare Annual budget and monitor departments budgets Assist Finance Manager with Financial strategy and financial projections. Oversees accounts payables and receivables Obtain and maintain a thorough understanding of the financial reporting and general ledger structure. Assist Finance Manager with establishing and maintaining financial policies and procedures Ensuring proper revenue recognition and recording of expenses. Ensure an accurate and timely monthly, quarterly, and year end reporting. Assist the Finance Manager in the daily banking requirements. Ensure the accurate and timely processing of payment transactions. Supports budget and forecasting activities. Collaborates with other Accountants to support overall department goals and objectives. Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy. Advises staff regarding the handling of non-routine reporting transactions. Work with the Finance Manager to ensure a clean and timely yearend financial and tax audit. Coordinates with external auditors during their financial & tax audit. Supervise the Accountants to ensure that all financial reporting deadlines are met. Assists in the development and implementation of new procedures and features to enhance the work flow of the department. Provide training to new and existing staff as needed. Handle personnel issues relating to staff conflicts, absenteeism, performance issues, etc. Interacts with third parties in matters pertaining to accounting issues. Supervises and validates processing of accounting transactions. Is responsible for the monthly closing. Update the explanations of all the accounts. Reports monthly on the Accounting Unit Key Performance Indicators. Performs other functions which may be assigned by the Finance Manager from time to time.

Requirements

Experience and skills required for the job

Bachelor's Degree in Accounting or Finance Eight 8 Years Experience Preferably have worked in Oil&Gas Company

About the Company

KAFAAT Recruitment offers executive search and consulting expertise aligning with our clients’ growing demand for talented human resources. Through talent search, identification, selection and referrals, KAFAAT Recruitment helps to recruit top executives for your enterprise and offers complete solutions for defining and recruiting emerging new roles in the marketplace to all industries, including Industrial, Financial Services, Consumer & Retail, Energy, Life Sciences & Healthcare, Technology Digital Media & Telecommunications, Board Search, Non Profit & Government and Human Resources.

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