Senior Accountant
Saudi Petrochemical Company
Total years of experience :19 years, 2 Months
1. Preparation of critical external and internal reports (e.g. Balance Sheet, Income Statement, Cash Position, Working Capital, Financal Results and HIghlights, Monthly Status and Progress Report, etc.)
2. Participate in the preparation of annual business plan.
3. Assists in the completion of month-end and year-end closing in SAP.
1. Manage and supervise the operation of Accounting Department ensuring accuracy and completeness of financial information.
2. Respond to reportorial requirements of the management and provide valuable information to aide the management in decision making.
1. Manage and supervise the operation of Finance Department which includes accounting, treasury and controllership, and credit and collection functions.
2. Ensures all transactions are recorded, classified and summarized accordingly based on the accepted accounting standards.
3. Responds to reportorial requirements of the management and external parties.
4. Meet the funding requirements of all departments and site projects to support their operations.
5. Ensures that all collections are properly recorded and deposited intact.
6. Ensures that all disbursements are properly monitored, recorded and within the approved budget.
1. Manage and supervise the operation of Internal Audit Department.
2. Preparation of Annual Audit Plan and Audit Reports.
3. Training and supervision of internal auditors.
4. Close coordination with Department Heads to discuss issues or concerns noted during the audit and to propose recommendations.
1. Preparation of internal audit manuals, programs and procedures for the conduct of audit.
2. Examination of records and review of the process based on internal audit plan scope and boundaries.
3. Documentation of the management assertions, risks, control activities, results of test of controls, and conclusion reached after the examination or conduct of audit.
4. Communication of findings and issues to the auditee and to the management.
5. Rendering conclusion, opinion and recommendation for the improvement of the process under review.
1. Examination of clients financial records and gathering of corroborative evidence to support the conclusions made during the audit.
2. Initial evaluation of accounting principles used and significant estimates made by clients management to be able to form an opinion.
3. Comprehensive analysis and documentation of clients businesses and environment; significant accounting processes and internal control procedures through inquiry, observation and inspection.
4. Review of efficiency and effectiveness of clients internal control.
5. Communication of significant audit issues and management concerns to audit team and recommending appropriate actions for such.