Senior Accountant

شركة بيت التوازن القابضة Verified

Riyadh , Saudi Arabia

Posted Sep 26, 2019 7644 views

SAR. 9,000 - 15,000/Month

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Job Description

Policies, Processes & Procedures

§ Monitor adherence to departmental policies, procedures and controls covering all areas of accounting so that relevant procedural/legislative requirements are fulfilled


§ Consolidate the budget and monitor financial performance in business units versus the budget so that the group is aware of anticipated costs/revenues, areas of unsatisfactory performance are identified and potential areas of cost reduction or performance improvement opportunities are capitalised upon


§ Receive and review financing requests from the business units and verify that it adheres to budgets and to a list of approved parameters before forwarding the request to the financing department

Bank Coordination

§ Coordinate with banks to open accounts for the business units, including payroll accounts

§ Update status and relevant information of accounts continuously in coordination with the relevant business unit, ensure provision of all required document and seek required authorisations to ensure compliance of all activities with approved policies and procedures

§ Follow up on all dispute related issues with the banks in coordination with the investment department in order to preserve the group’s best interest

Accounting Support

§ Verify insured assets against the book of accounts and follow-up on the resolution of any identified problematic area

§ Coordinate with internal audit to conduct any special investigation or review necessary to resolve problematic areas based on accounts reports

§ Coordinate with external audit to ensure the validation of financial statements and the receipt of a Zakat certificate

Change Management

§ Support the management of change through continuous recommendations for the improvement of accounting systems, processes and practices based on identified areas of improvement


§ Manage the consolidation of weekly reports highlighting what the bank positions of business units

§ Consolidate summaries of financial statements for all business units to inform management of the financial condition of the group when needed

Related Assignments

§ Perform other related duties or assignments as directed


 Expert knowledge of government rules and regulations as relevant to accounting practices
 Expert knowledge of policies, procedures and work methods
 Management of budgets
 Knowledge in business skills and understanding
 Advanced report writing
 Advanced data collection and analysis
 Planning and organisation
 Numerical skills
 Computer skills
 Communication skills

Job Details

Functional Area:
Total Positions:
1 Post
Job Shift:
First Shift (Day)
Job Type:
Job Location:
No Preference
25 - 35 Years
Maximum Education:
Degree Title:
Career Level:
Experienced Professional
Maximum Experience:
Doesn't Matter
Work Permit:
Saudi Arabia
Apply Before:
Dec 26, 2019
Posting Date:
Sep 26, 2019
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شركة بيت التوازن القابضة

Construction/Cement/Metals - Riyadh

pRashed Al Rashed & Sons Group is the integrated source of trading, manufacturing, services, construction, contracting and development. Moreover, the company is a major investor in projects and entities globally, delivering on its promise to perform to the highest standard of quality. The Group p ...Read More

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