Senior Accountant
BITS ARABIA
Total years of experience :9 years, 11 Months
• Participation and contribution in the development of the Finance strategy for the group.
• Responsible for ensuring Statutory compliance and reporting.
• Manage the timely preparation of the Annual financial budget and forecast.
• Responsible for making sure the company follows the budget with monthly budget reviews and variance analysis.
• Responsible for monthly closing and monthly financial reporting i.e., Income Statement and Balance sheet.
• Supervising a team of 1 additional person, responsible to ensure accuracy of Journal Entries.
• Preparing Purchase Orders, Sales orders, VAT invoices, Credit Notes and Debit Notes.
• Responsible for preparing Annual Financial Reports for External Audit.
• Responsible for performing Financial Analysis for Management on Ad Hoc and Regular Basis.
• Responsible for preparing and monitoring Projects Costing and Budgets
• Responsible for Vendor Account Reconciliation and payment processing.
• Responsible to prepare of cash flow forecasting and Maintaining Working Capital requirements.
• Responsible for coordinating with the bank on any matter which may arise.
• Coordination with external auditors for statutory annual audits and Zakat Filing.
• Prepare, review and submission of VAT returns within the filing deadlines and in compliance with the local VAT laws and policies.
• Prepare and file monthly Withholding Tax report.
• Responsible for preparing monthly salaries, Saudi national Bank system is followed.
• Responsible for maintaining the company ERP system (Sage 50), making sure the complete accounting cycle is followed. E.g., Journal Entry, Ledger, Trial Balance, Income Statement and Balance sheet.
• Handle Monthly Petty Cash for responsible staff and Prepare Petty Cash Report.
• Other Miscellaneous Responsibilities include Bank Reconciliation, Accrual Accounting, Customer Contract and Staff Files, Asset Register and End of Service Calculation.
• Prepare journal entries for monthly, quarterly, and annual close periods.
• Maintain and reconcile general ledger accounts.
• Close the income statement on monthly basis.
• Perform detailed income statement variance analysis.
• Interact with senior internal and external personnel.
• Enter data related to cash receipts and invoices into the system.
• Analyze cost of sales, selling and administrative expenses.
• Compare the actual budget against expenses.
• Prepare Cash payments/Cash receipts with their respective coding into the system.
• Follow up on Zakat requirements.
• Follow up and Coordinate with external auditors.
• Maintaining and updating system chart of Accounts.
• Responsible for coordinating with Hospitals.
• Responsible for noting customer requirements and collecting quotations from hospitals.
• Administering the company website to respond to queries and updating hospital listing and services.
• Maintain financial records, and personnel files.
Qualified
Grade: Distinction Activities and Societies: Class Representative, Group Leader etc. International English Language Testing System (IELTS) Certificate, English as Second Language -