Ref: QP910-02

Job description / Role

Employment: Full Time

An exciting role has arisen for a Chief Accountant within a US manufacturing business in Dammam.

Reporting to the Finance Manager you will provide accounting support for the Saudi business, including the optimization of assets and liabilities and minimizing risk exposure. You will provide professional finance and administrative support to operational management locally, and ensure efficient and timely financial reporting and payment of suppliers. Duties will include:

• Managing 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
• Set up appropriate management control tools to monitor performance of Saudi Arabia and propose corrective actions where necessary
• Report on financial and qualitative expenses and trial balance to local management, regional and Corporate Finance management for Saudi activities and entities, for: Accounting statements (Profit& Loss and Trial Balance)
• Provide financial input on acquisitions, mergers, investments, divestments; licensing in/out agreements and other opportunities, gathering and modelling accounting data as appropriate
• Review Fixed assets register and accounting (acquisition, sales, depreciation) and performs regular inventories
• Receiving & controlling Bank and petty cash reconciliations
• Support decision-making process through provision of appropriate financial information and analysis

Requirements

You will have at least 5 years’ experience ideally gained within a manufacturing business with experience of ERP systems. You must be able to understand and prepare a Balance Sheet, Profit & Loss and Trial Balance as well as days sales outstanding, reconciliations and fixed assets. You must hold a degree ideally in Accounting or Finance.

You MUST be a Saudi national to be considered for this role.

About the Company

JLWorldwide has been created to provide world class standards of consultancy for various business sectors around the globe, with a key focus on the Middle East and Africa.

JLW can help not only identify the greatest talent for your business but also unleash the talent of your greatest assets… your people.

JLW Consultants specialize Executive Search and Head Hunting to ensure you have the best talent for your business. Along with Coaching services for your Executive Level Management.

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Chief Accountant salaries in Saudi Arabia

Average monthly compensation
SAR 13,500

Breakdown available for industries, cities and years of experience