Senior Accountant

Job description / Role

Company Description

Rawabi Holding Company, Operating in Saudi Arabia and the Middle East for over 30 years as one of the leading industrial players in the region and has activities in construction & engineering, oil & gas, petrochemical, utilities, power & electrical, telecommunication & IT, trading, and manufacturing. RAWABI Holding Company comprises various subsidiaries and several associated companies.

Job Description

- Performs a variety of accounting activities in accordance with accounting principles and standards, and ensures proper control of the concerned BUs/JVs' financial resources and full compliance with all relevant regulations, laws, and reporting requirements
- Ensures the timely and accurate creation of accounts for new business activities
- Ensures the timely completion of the monthly closing of the concerned BUs/JVs' books
- Ensures accurate accounting entries of journal entries other than payables (which is handled by the Accounts Payable Officer) and receivables (which is handled by the Accounts Receivable Officer), including provisions, journal voucher entries, and accruals
- Performs accounts reconciliations to ensure that all general ledgers are accurate and complete
- Is accountable for the analysis of major expense items as part of the periodic financial reporting
- Ensures all financial inter-group transactions related to shared services
- Ensures a fair allocation of expenses across the different BUs/JVs/department/projects
- Executes inter-group funding and borrowing activities, in line with the Group's Treasury policies and proposed internal interest rates
- Ensures timely completion of inter-group reconciliations
- Supports the harmonization and standardization of all financial processes across Rawabi Holding's BUs/JVs to optimize the consolidation of financial statements and inter-group transactions
- Analysis of major expense items as part of the periodic financial reporting
- Maintains and updates the chart of accounts
- Supports the BU/JV DFO in developing and institutionalizing Rawabi Holding's accounting data, know-how and capabilities
- Tracks KPIs for accounting activities, and devises plans and initiatives for improvement
- Leads, directs, evaluates and develops the Rawabi Holding Accounting team to ensure that objectives are reached
- Is responsible for the development, performance appraisal and succession planning of all direct and indirect reports
- Performs miscellaneous tasks as assigned by his/her direct manager

Requirements

Qualifications

- BA in Accounting or Finance; CPA / CFA is a strong plus
- Minimum 5 - 7 years of experience in financial and management functions within a company of Rawabi Holding's size or larger consecutively for Accountant and Senior Accountant positions
- Strong knowledge of financial theory, concepts, and practices
- Demonstrates a successful track record as Finance Officer, preferably within a multinational organization
- Strong interpersonal, communication, public speaking, and presentation skills
- Capable to work under pressure in a delocalized environment
- Computer literacy, including knowledge of MS office applications and basic software applications, and familiarity with the internet and email communications
- Experience in the GCC is a plus, preferably in Saudi Arabia
- English and Arabic languages fluency required

About the Company

Rawabi Holding, through its fully owned subsidiaries, joint ventures and partnerships with international market leaders, focuses on four core sectors:

Oilfield Services, Contracting & Industrial Services, Offshore Services and Retail. Through these divisions, we provide a diversified range of products and services to a variety of industries: oil, gas and petrochemicals; marine; engineering and construction; power, telecom and IT; corrosion and industrial services; logistics; and consumer products. Although varied and distinct, all our offerings share the same commitment to quality, service and excellence that make them part of the Rawabi Holding family.

Rawabi Holding is a purpose-driven company that exists not only to generate profit, but also to improve everyone and everything we can. From customer projects and employee development to our impact on the communities in which we work, Rawabi Holding is propelled by an unwavering energy to make everything we touch better. No matter how great the challenge or how complex the problem, we face it head-on to deliver proven results.