Chief Accountant Job in SOES, Saudi Arabia Category Finance - Accounting/Auditing Job TypeFull-Time Shift TimingsMorning Shift Requires Traveling Yes Career LevelManager (Manager/Supervisor) Number Of Vacancies2 Required Qualification C.A., C.P.A., C.M.A Required Experience5 Years Salary Per Month10,000 - 12,000 SAR Required GenderAny Posted on22/11/2012 Last Date28/11/2012 Company SOES Location Riyadh, KSA, Others, Saudi ArabiaJob Description
Need Purpose of the Job
To ensure proper book keeping and accounting as per the company policies and procedures
To generate correct and accurate financial reports in time.
Analysis of monthly, quarterly, & annual financial report through Management Accounting and Costing.
To ensure proper financial discipline by expenditure controlvis-a-vis sticking to the approved Budgetary Allocation byDepartments Division.
Duties basic elements of the job
Please use action verbs in the beginning of the sentence viz. analyze, gather, collect, plan, deliver, confirm, test, maintain, supervise, assemble, ensure, carry-out, install, negotiate, prepare, modify, improve, create, establish, conduct, develop, observe, make, prepare, arrange, calculate, complete, attend, amend, devise, etc.
Main
To supervise the works of subordinates.
To prepare the financial statements.
To analyze the data entering the system.
To prepare cost sheets.
To ensure that the Internal Audit reports are replied in time
Monitoring Budgetary allocations.
To Consolidate the replies of internal Audit report from functional heads & assist the G.M. in Preparing the Consolidate report with follow up action.
Others
To coordinate with Area Accountants for recovery of dues.
To ensure that the month end & year end closing is in confirmatory with
Statutory Audit Requirements and meets Saudi Accounting Standards
Responsibilities and Accountabilities:
Primary: policy making, sanctioning, mobilizing, determining, maximizing,
accounting, following, acquiring, averting, executing, improving, value adding, acquiring, resolving, reviewing, abiding, coordinating, supporting, etc.
Accounting
Approval of daily vouchers and month end provisions
Approval of allocation of costs to cost centers.
Approval of batch posting in the system
Analyzing and presenting all daily, weekly, monthly & annual Financial Statements to the Management
Preparing the Annual Financial Budget in Coordination with respective Departmental Heads Divisional Heads and submission of variance analysis report to the management with proper explanations & comments.
Assisting the SBU head in Consolidation of overall Business plans.
Running of monthly depreciation in the system.
Opening of Letter of Credit & Bank Guarantees with Banks.
Overall submissions of Insurance Claims and it settlement, ensuring Assets are properly safeguarded from all risks.
Making all the statements available for External Auditors for the timely finalizing the Annual Accounts & sorting all their queries.
Reviewing
To review the work of subordinates for all financial modules like Asset Control, AR, AP and General Accounting more particularly debtors & Creditors reconciliations, debtors & creditors balance confirmation, Bank Reconciliation, stores & asset verification.
Job Specification
Follow-up
Follow-up for recoveries, which are overdue beyond 90 days.
Follow-up with the department heads & Divisional Regional Heads for the submission of documents in time.
Follow-up with Subordinates & other departmental heads for getting the Audit replies from relevant department.
Supporting
To support all the departments in making the funds available as per approved Cash Budget.
To support the Administration HR Department for making the accounts ready for vacationers, etc. & disbursement of salaries in time.
Controlling
Overall controlling of Budget, ensuring nothing is being disbursed unless there is a proper budget revised budget sanctioned by the management.
Controlling overall fund position including cash advance and optimal utilization of working capital limits.
Secondary
checking, controlling, evaluating, directing, guiding, participating, monitoring, anticipating, utilizing, assisting, advising, helping, meeting, interpreting, feedbacking, organizing, delegating, motivating, training etc.
Checking
Internal checks & controls are properly placed in the organization and are implemented in true letter & spirit.
Directing
Directing the staff for the recovery, follow up, reconciliations, physical verification of stock each quarter.
Implementation
Ensuring all the Group Financial Policies & Procedures are implemented.
Implementing the recommendation of Group Internal Audit.
Guiding
To guide all the staff member of Accounts Department on all the financial issues and also to ensure that the financial discipline is maintained through out the organization by guiding the departmental heads on all issues having financial implication.
Training
To train all the staff in the department in XA ERP Financial Modules, Reporting formats.
To train Accountants & Sr. Accountants on Financial Statements preparation, Analysis, reporting, follow up with Banks and Clients, Budget Analysis, Cost Allocation, preparation of variances analysis reports etc.
Do not make any payment to any company, a genuine employer will never ask you to pay in any case.
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Need Purpose of the Job
To ensure proper book keeping and accounting as per the company policies and procedures
To generate correct and accurate financial reports in time.
Analysis of monthly, quarterly, & annual financial report through Management Accounting and Costing.
To ensure proper financial discipline by expenditure controlvis-a-vis sticking to the approved Budgetary Allocation byDepartments Division.
Duties basic elements of the job
Please use action verbs in the beginning of the sentence viz. analyze, gather, collect, plan, deliver, confirm, test, maintain, supervise, assemble, ensure, carry-out, install, negotiate, prepare, modify, improve, create, establish, conduct, develop, observe, make, prepare, arrange, calculate, complete, attend, amend, devise, etc.
Main
To supervise the works of subordinates.
To prepare the financial statements.
To analyze the data entering the system.
To prepare cost sheets.
To ensure that the Internal Audit reports are replied in time
Monitoring Budgetary allocations.
To Consolidate the replies of internal Audit report from functional heads & assist the G.M. in Preparing the Consolidate report with follow up action.
Others
To coordinate with Area Accountants for recovery of dues.
To ensure that the month end & year end closing is in confirmatory with
Statutory Audit Requirements and meets Saudi Accounting Standards
Responsibilities and Accountabilities:
Primary: policy making, sanctioning, mobilizing, determining, maximizing,
accounting, following, acquiring, averting, executing, improving, value adding, acquiring, resolving, reviewing, abiding, coordinating, supporting, etc.
Accounting
Approval of daily vouchers and month end provisions
Approval of allocation of costs to cost centers.
Approval of batch posting in the system
Analyzing and presenting all daily, weekly, monthly & annual Financial Statements to the Management
Preparing the Annual Financial Budget in Coordination with respective Departmental Heads Divisional Heads and submission of variance analysis report to the management with proper explanations & comments.
Assisting the SBU head in Consolidation of overall Business plans.
Running of monthly depreciation in the system.
Opening of Letter of Credit & Bank Guarantees with Banks.
Overall submissions of Insurance Claims and it settlement, ensuring Assets are properly safeguarded from all risks.
Making all the statements available for External Auditors for the timely finalizing the Annual Accounts & sorting all their queries.
Reviewing
To review the work of subordinates for all financial modules like Asset Control, AR, AP and General Accounting more particularly debtors & Creditors reconciliations, debtors & creditors balance confirmation, Bank Reconciliation, stores & asset verification.
Job Specification
Follow-up
Follow-up for recoveries, which are overdue beyond 90 days.
Follow-up with the department heads & Divisional Regional Heads for the submission of documents in time.
Follow-up with Subordinates & other departmental heads for getting the Audit replies from relevant department.
Supporting
To support all the departments in making the funds available as per approved Cash Budget.
To support the Administration HR Department for making the accounts ready for vacationers, etc. & disbursement of salaries in time.
Controlling
Overall controlling of Budget, ensuring nothing is being disbursed unless there is a proper budget revised budget sanctioned by the management.
Controlling overall fund position including cash advance and optimal utilization of working capital limits.
Secondary
checking, controlling, evaluating, directing, guiding, participating, monitoring, anticipating, utilizing, assisting, advising, helping, meeting, interpreting, feedbacking, organizing, delegating, motivating, training etc.
Checking
Internal checks & controls are properly placed in the organization and are implemented in true letter & spirit.
Directing
Directing the staff for the recovery, follow up, reconciliations, physical verification of stock each quarter.
Implementation
Ensuring all the Group Financial Policies & Procedures are implemented.
Implementing the recommendation of Group Internal Audit.
Guiding
To guide all the staff member of Accounts Department on all the financial issues and also to ensure that the financial discipline is maintained through out the organization by guiding the departmental heads on all issues having financial implication.
Training
To train all the staff in the department in XA ERP Financial Modules, Reporting formats.
To train Accountants & Sr. Accountants on Financial Statements preparation, Analysis, reporting, follow up with Banks and Clients, Budget Analysis, Cost Allocation, preparation of variances analysis reports etc.
Do not make any payment to any company, a genuine employer will never ask you to pay in any case.
View the Original article
