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Assistant Manager, Finance Accou...

King Abdullah Port
Riyadh, Saudi Arabia
King Abdullah Port logo

Assistant Manager, Finance Accounting

Riyadh, Saudi ArabiaPosted 2 hours ago
10People have clicked1 open position

Job Details

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Job Description

Job Purpose

Responsible to assist the Sr.

Manager Financial Accounting to manage day-to-day transactional activities of the finance function of a company with a balance sheet total of more than SAR 7 billion.
These transactional activities include, amongst others, General Ledger transaction recording, monthly management reporting, producing audited financial statements, VAT filling, zakat / income tax filling, General Ledger closing and trial balance preparation.
Support in the preparation of budgets, treasury management and regular reporting to internal and external stakeholders.
Backup role for Accounts Receivable and Accounts Payable Functions.
Demonstrate increasing capabilities in handling relevant financial processes independently as well as leadership skills.

Accountabilities

Ensure proper bookkeeping in accordance with chart of accounts.
Controlling prepayments and accruals to ensure proper recording on a monthly basis.
Maintain Fixed Asset register, ensuring addition, disposal, calculate depreciation, WDV through ERP.
Posting payroll and relevant allowance to ensure compliance with labor law.
Posting closing entries for proper GL closing.
Closing of GL monthly to ensure timely reporting to stakeholders.
Ensure timely recording, compliance, and reporting of VAT as per GAZT law.
Coordinating with zakat, tax and VAT consultant to meet all regulatory deadlines.
Support internal and external audit and ensure to fulfil all their requirements.
Coordinating with zakat, tax and VAT consultant to meet all regulatory deadlines.
Ensure alignment and compliance with Bank financial agreements and construction agreement requirements
Check, control and track of operational and capital expenditures against budget.
Backup role for Accounts Receivable and Accounts Payable Functions.

Required Skills and Competencies

Technical Accounting Skills:
Understanding of International Financial Reporting Standards (IFRS) / SOCPA is a must.
Proficiency in financial reporting, budgeting, and forecasting.
Ability to prepare and analyze financial statements.
Experience with general ledger functions and the month-end/year-end close process
Audit, zakat/tax and VAT coordinating and reporting experience.
Familiarity with producing annual financial statements

Leadership and Managerial Abilities

Supervisory experience or potential to lead a team of accounting professionals.
Strong organizational skills to manage deadlines and prioritize tasks effectively.
Ability to delegate tasks and ensure team productivity.

Analytical and Problem-Solving Skills

Capability to interpret complex financial data and provide insights to support decision-making.
Troubleshooting accounting discrepancies and proposing solutions.
Attention to detail to ensure accuracy in financial records and reports.

Software Proficiency

Familiarity with accounting software such as Oracle.
Advanced skills in spreadsheet applications (e.g., Excel) for financial analysis and reporting.

Language Skills

Proficiency in English and Arabic (speaking, reading, and writing).

Experience

Minimum 5 years of relevant experience
Thorough understanding of liner alliances and terminal contracts, Experience in the logistics sector including the link between ports and logistics.

Job Requirements

Qualifications

Bachelor’s degree in Finance, Accounting, or a related field
Studying for, or willing to obtain an advanced professional accounting qualification (CPA, ACCA or equivalent).

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