Accountant (Head Office), Saudi Arabia

Accountant (Head Office)

Purpose of the Job :

 To carry out the core accounting activities of the AMG corporate headquarters; including the review of accounts, assisting audits, conducting budget calculations, and generating revenue projections for all AMG business units.
 To assist in the implementation of financial policies for AMG to ensure the effective financial management of AMG’s affairs and compliance with any relevant regulations.
 To analyze financial information and prepare periodic financial reports on AMG’s operations to present to the group finance and board of directors.

Principal responsibilities / accountabilities
• Maintains reliable and accurate accounting records for AMG and produces reports as necessary to facilitate the effective management of AMG.
• Maintains day-to-day control of all accounting systems to ensure the complete and accurate processing of financial data and ensures adherence to internal procedures and policies.
• Ensures the adherence to prescribed AMG financial and commercial principles, systems, procedures and practices, in order to provide financial and management reports and forecasts to AMG .
• Establishes efficient procedures for processing time records and payroll transactions, compiling payroll statistics, maintaining payroll control records, and transferring payrolls to the bank according to the Head Office policies.
• Ensures the timely and proper preparation of the year end accounts and assist external auditors in their completion of the year end audit.
• Assists in the preparations of the annual budget and generates cash flow forecasts against budget projections to assist decision making.
• Ensures the establishment of budgetary policies, procedures and process within AMG, and that budget compilation takes place on a timely basis every year.
• Reviews financial information detailing assets, liabilities, and capital, and prepares balance sheet, profit and loss statements, and other reports to summarize current and projected financial position of AMG.
• Reviews and authorizes contracts, orders, and vouchers within discretionary authority limits prior to settlement.
• Monitors financial transactions vis-à-vis projected cash and funds flows and initiates appropriate retrieval measures if required.
• Ensures that appropriate retrieval measures are taken relating to the accounting areas, based on reports submitted by Internal / External Auditors.
• Maintains ongoing and harmonious relations with relevant governmental agencies and AMG’s banking channels.
• Scrutinizes operational and other management reports and prepares high-level management analysis for management decision-making.
• Participates in the preparation of operating expenditure budget for corporate operations and monitors budget utilization.
• Advises corporate management on matters, such as effective use of resources and assumptions underlying budget forecasts.
• Assists in the development, review and improvement of accountancy computer systems within AMG.
• Provides advice on accountancy issues to division heads and staff as required.
• Supervises accounts staff to ensure that they are appropriately motivated and trained to carry out their responsibilities effectively.
• Ensures that all accounts staff, at the Head Office, are of adequate numbers and competency to achieve their responsibilities.
• Follows procedures of reporting on performance, budgets and other reports required from time to time to the Group Conso

Skills

Experience​/​s
Essential

 Post Graduate Degree in Commerce / Accounting and accreditation in Accounting practices such as CAAM, CPM, etc.

 2-4 Years experience as an accountant in a reputed diversified conglomerate within the region
Desired

 Working knowledge of English and Arabic
 Knowledge of the accounting regulatory framework for the region
Personal Attributes​/​s

High level of

 Planning and Organising
 Mathematical Orientation
 Detail Orientation
 Problem Solving & Decision Making
 Results and Achievement Orientation

Medium level of

 Coordination Skills
 Interpersonal Skills