Accounting Specialist

Supervising revenue accounting, invoice payments, payroll processing, fixed assets accounting, and general ledger in line with approved policies and procedures.

• Ensure work is performed based on approved policies, processes, procedures and instructions.
• Identify opportunities for continuous improvement of systems, processes and practices considering leading practices, cost reduction and productivity improvement.
• Escalate problems to ensure case/issue is closed efficiently and in a timely manner.
• Verify revenues documentation to always maintain accuracy.
• Develop schedules and systems to enable timely and informative accumulations, adjustments and reporting of financial data related to revenues.
• Monitor revenue accounting activities and reports in central and regions to assess revenue collection and ensure bad debts are handled appropriately.
• Supervise the process of reconciliation between collection channels and IT systems to ensure payments are processed smoothly and in a timely manner.
• Consolidate reports on revenue collections and participate in monthly, quarterly and yearly accounting cycles and financial statements.
• Estimate and forecast on a monthly basis the total amount of receivables that needs to be collected and ensure monitoring and follow-up accordingly.
• Review original invoices and requests for payment to ensure proper match with internal purchase orders, receipts or certificate of completion.
• Review and monitor supplier accounts and follow-up on payments ensuring alignment to contract payment terms and conditions.
• Prepare necessary requests for bank transfers and other payment documents and process payments in smooth and efficient manner.
• Ensure petty cash reconciliation for records alignment and compliance purposes and replenish petty cash funds as per related approved budget.
• Coordinate with related parties to increase cash operations efficiency.
• Check accuracy of accounting entries for payroll by reviewing employee data periodically and ensure salaries, benefits and pensions payments are generated on-time.
• Supervise fixed assets accounting activities as per approved policies and procedures.
• Establish a standardized coding for assets and keep abreast of best practices.
• Implement assets reporting framework in line with applicable laws and regulations.
• Ensure that depreciation is charged on all assets in compliance with approved standards and regulations.
• Perform financial review of assets disposal and provide requisite feedback on disposal decision.
• Investigate and assess differences in inventory counting and develop recommendations to concerned stakeholders to take necessary measures.
• Develop monthly, quarterly and annual accounting statements and reports with supporting schedules (i.e. reconciliation reports.)
• Maintain General Ledger system setup and administer IT systems security rules and cross validation rules.
• Analyze and evaluate, on continuous basis, the recording of all financial transactions, journal entries and postings to ledgers for accuracy, completeness and compliance with established accounting policies and procedures.
• Ensure conformity of sub-systems balance with the General Ledger balance.
• Prepare detailed instructions for monthly, quarterly and year-end closing for all departments and the monitor closing process.
• Provide input for the development of reports regarding operations, activities and achievements for reporting and decision-making.

Bachelor’s in Accounting or Relevant fields

• Associate

• Full-time

• Accounting/Auditing

• Utilities

Location:

Riyadh, Saudi Arabia

Salary: SAR 2,000.00 - SAR 3,000.00