Accounting Manager
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Key skills for this role
About the Role
Manage financial accounting, ensure compliance with regulations, prepare reports, oversee cash management, and lead a team in a structured, ethical manner.
Key Skills for This Role
Responsibilities
- Manage financial accounting, book closing, and reporting for KSA entities
- Prepare financial statements and analyze deviations
- Oversee cash management and investment of funds
- Ensure compliance with VAT, income tax, and transfer pricing regulations
- Coordinate audits and liaise with banks
Requirements
- Experience in financial accounting and reporting
- Knowledge of IFRS and local tax laws
- Leadership and team management skills
Full Job Posting
Job Overview
- Managing and developing financial accounting function and assume a leadership role within the organization to make sure all financial accounting, cost accounting and reporting activities are performed according to the company's reporting protocols and procedures.
- Full ownership of AL Arabia and AL RHQ financial statements.
- Internal control is responsible for all finance related processes.
- Responsible for ensuring that reporting and accounting systems comply with local laws, IFRS, ALMEA and Group Policies.
Key Tasks and Responsibilities
- Responsible for driving adoption of strategic direction and ensuring implementation of the same within the Finance Department.
- Responsible for statutory and group accounting, book closing, reporting on monthly basis for all KSA entities ensuring data quality, compliance and timeliness.
- Preparation of financial reports, such as income statements, balance sheets, analyze deviations.
- Oversee the investment of funds, manage associated risks, supervise cash management activities.
- Disbursement and Accounting for Payroll, Bonus, Leave & EOSB and coordination with local and regional HR to comply with the local labour laws.
- Establish & monitor the implementation and maintenance of accounting control procedures ensuring compliance with statutory & group rules
- Responsible for Forecasting of Costs and Financial affairs of the companies.
- Responsible for cash flow management and management of associated risks.
- Responsible for upholding procedures for custody and control of assets, records, loan collateral, and securities, to ensure safekeeping.
- Coordinate risk and insurance programs of establishments to control risks and losses.
- Keep the ALMEA management up to date with new applicable legal requirements, rules and regulations in time and propose adequate action.
- Liaise and coordinate all relevant issues with the local banks.
Additional Responsibilities
- Prepare and execute financial and tax audits in close cooperation with the ALMEA finance management and the appointed audit firm.
- Ensure compliance with VAT, Income Tax, Payroll taxes and WHT regulations and monthly, quarterly and annual tax returns filing
- Ensure compliance with Transfer Pricing (DFCT, CbCr etc.) regulations
- Performance management, coaching and on job training of staff under area of responsibility
- Ad hoc tasks, initiatives and projects.
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