To act as a bridge between the Head office and the Branch
Responsible for all financial transactions in the Branch
Main Roles & Activities
- Should be able to work on the Microsoft 365 (ERP system).
- Should be well versed with IFRS and specifcially Revenue Recognition standard.
- Should know the local regulations and standards accpted in Saudi Arabia.
- Should be able to perform project accounting (creating, managing, control and reporting all project financial transaction) through the ERP.
- Review the quotations/contracts from financial aspect only (example: payment terms, in-house cost and related cost, if any).
- Review the supporting docuemnts to record project invoice and submit it to the project team.
- All project invoices should be recorded in the ERP system.
- Ensure the project invoice delivered to customer is acknowledged.
- Should prepare receivable reports and work with project team to esnure timely collections.
- Reconcile the customer balances and obtain balance confirmations from the customer
- Review and record all petty cash transactions at Branch and report to the Head-office finance.
- Reconcile and obtain petty cash balance confirmation from the custodian.
- Review of the monthly payroll of the Branch.
- Recording of the approved monthly payroll cost of the Branch in the ERP.
- Maintaining all supporting document records causing financial transactions at the Branch.
- Regular and independent reporting of the operations, financial and cashflow postion of the Branch to the Head office fiannce team.
- Follow up and coordination between the Branch and Head office finance team to expedite any process affecting the operations.
- Should report any discrepancy as compared to the standard policy of the Company noted by him to operations and Head office team.
- Should support the Head office finance team in finalizing monthly VAT return and Withholding tax.
- Should support Head office finance team in finalizing the monthly financial reporting forms for the CEO & Board.
- Should support Head office in Annual external Audit process.
Job Details
| Posted Date: | 2023-12-31 |
| Job Location: | Saudi Arabia - Riyadh |
| Job Role: | Accounting and Auditing |
| Company Industry: | Construction & Building |
| Monthly Salary: | US $3,000 |
Preferred Candidate
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