Accounting Manager - Saudi National

Aquila Consulting

Dammam, Saudi Arabia

Ref: QP282-49

Job description / Role

Employment: Full Time

Aquila Consulting are working in partnership with an International Electronic Manufacturer Head Quartered in the USA with offices throughout the ME and Africa. Due to an internal restructure, they have an excellent opportunity for a KSA National Accountancy and Finance Manager to be based in their Dammam office.   

Within the framework of the organisations global business strategy and the local accounting principles, the ideal candidate will contribute to the achievement of the company's objectives through the proper accounting and administration of the local structures while optimizing our clients assets and liabilities; minimizing risk exposure; provide professional finance and administrative support to operational management locally, ensuring efficient and timely financial reporting and payment of our suppliers.  

Responsibilities:   
- In close support of the business, manage with maximum efficiency all accounting activities in line with local and corporate practice and policies, ensuring proper optimization of assets (fixed, current), liabilities, cash flows and risks ; optimize the tax liabilities and protect the legal interests of the company.
- Provide financial expertise within the organization, ensuring complete adherence to local legislation and implementation of Group accounting policies and procedures.
- Enforce the procedural framework defined for the organization and set up appropriate management control tools to monitor performance of Saudi Arabia and propose corrective actions where necessary. Assure accurate and on-time financial and qualitative expenses and trial balance reporting to local management, regional and Corporate Finance management for Saudi Arabia activities and entities, in particular for: Accounting statements (Profit& Loss and Trial Balance), Supervises the accounting staff, accounts payables and admin finance
- Closes all internal audit recommendations and implement Global policies and procedures. Reviews entries to the general ledgers to assure accuracy and compliance with established accounting principles and procedures.
- Coordinates and prepares for the audits as required by the company policies and regulations.
- Performs trial balances adjustments and monthly closing entries. Examines analyses, interprets and corrects accounting records as needed to ensure accurate and reliable data necessary for business operations and for the purpose of giving advice or preparing statements.
- Performs basic reconciliation of all the balance sheet accounts , helps the accounting staff in the bookkeeping and reconciliations when needed to meet deadlines. Controls payments, examines records of amounts due and makes sure invoices are paid according to terms and discounts taken.
- Directs invoice processing and verification, expense coding, and drafting of payment checks or vouchers.
- Suggests improvements in processes to increase effectiveness of unit. Review Fixed assets register and accounting (acquisition, sales, depreciation) and performs regular inventories.
- Receiving & controlling Banks and petty cash reconciliations.
- Coordinates with Bank regarding various Banks transactions.
- Recommends changes in the accounting system to increase effectiveness and efficiency.

Requirements

- University degree, ideally majoring in Accounting or Finance
- At least 5 years’ experience in Accounting (7-8 years of total work experience)
- Excellent communication skills
- Extensive experience with ERPs (SAP or SCALA) is a must
- Consistency, Reliability, Firmness, Perseverance and Management

About the Company

Aquila Consulting is a Dubai based talent recruitment company established by individuals with unrivalled recruitment expertise in Global Search and Selection. We offer our clients a partner-centric, personalised, and mature approach to focusing and delivering on their international talent requirements.

What makes us stand out from the crowd is the rigor and passion we bring to the recruitment process. We offer unparalleled performance, transparency, and advocacy, taking the time to fully understand your organisational vision, culture, structure and leadership needs.

Aquila Consulting pride ourselves on seamlessly delivering the most efficient time and cost saving recruitment solution for your business.

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Accounting Manager salaries in Saudi Arabia

Average monthly compensation
SAR 16,500

Breakdown available for industries, cities and years of experience