Job Summary

Being the Accountant, independently responsible for Book-keeping up to the finalization of Accounts of the assigned Divisions

Major Duties and Responsibilities

► General Ledger related Duties & Responsibilities

o Prepares Journal Vouchers for Monthly Accruals, Intercompany transactions, Reclassification etc.

o Scheduling & Amortizing of Prepaid Expenses such as Medical Insurance, Property Insurance etc.

o Overseeing, Verifying & Confirming, Dammam JV entered into Oracle System,

o Bank Reconcile

o Creates various reports related to accounts, analysis etc. as required by the Finance Manager & Property Manager.

o Works with the Finance Manager to resolve any discrepancies and questions related to the recording of general ledger transactions.

o Works to ensure that historical and current data is received in a timely and efficient manner and recorded in the system accurately.

o Ensures posting of sub-ledgers is performed on timely basis and in accordance with month end closing.

o Ensures that all accounting entries are supported with valid documentation.

o Ensures that all period end transactions have been recorded and posted to GL.

o Works with auditors as needed on research/resolution of complex accounting issues.

o Completes various special engagements as requested by the Chief Accountant & Finance Manager.

► Accounts Receivable Related Duties & Responsibilities

o Maintaining a Properties Master with the details of Properties, Tenants, Rent, Rental Period, Payment Term, Period of Payment etc. to generate timely Tenancy Invoices without omissions.

o Recording the Rent collections from the Tenants received through Bank Transfers & Cash deposits etc.

o Ensures Revenue Recognition Program is run for the monthly realization of Unearned Revenue in assigned Business Divisions,

o Maintains valid supporting documents for the receivables transactions,

o Monitor Tenant Accounts for non-payments, delayed payments and periodical Reporting to the Property Management team for further actions,

o Tracking the Properties' Vacancies & Occupancies regularly to report the Management,

o Following up for the issue & receipt of new Tenancy Contracts with Property Management team,

o Maintains Documentation of Tenancy Contracts of SIGMAC and follows up with the Properties Management for the timely renewal of e-contracts,

o Manage open/close accounts receivables periods as per monthly/yearly closing procedures,

o Prepares and distribute SIGMAC Dammam Customers Ageing & Collection Reports to the Chief Accountant, Finance Manager & Property Manager periodically.

► Accounts Payable Related Duties & Responsibilities

o Receives the Purchase Orders from the Procurement Department related to SIGMAC operations to arrange the payment in time,

o Arranging the Advance Payments of Suppliers and making Prepayment Invoices in Oracle System,

o Ensure that all payments are made as per agreed terms and conditions.

o Arrange vendor payments when due and payable,

o Regular tracking of settlement of Advances with Invoices after the receipt of materials/services,

o Ensures proper closing of Purchase Orders in Oracle System in co-ordination with Store Keeper by tracking relevant GRN,

o Assigning the proper Cost Center, GL Account to create Purchase Requisitions on the request of the Store Keeper to avoid mismatch in the accounting entries,

o Ensures Multi Period Accounting Program run at the month end for the prepaid Vendor payments.

o Periodical booking & payment of various Utilities Payments,

o Arranging Petty Cash Payments including Petty Cash Advances and ensuring its proper closures,

o Processing all payment requests received from TAG & GRE, Dammam through hierarchical approval process,

o Responsible to ensure all accruals during month closing and annual closing are recorded properly.

► Payroll & HR Related Duties & Responsibilities

o Upon notification from HRD, arrange timely payments for Employees' Iqama/Work Permit renewals, Exit/Re-entry etc.

► VAT & GAZT Related Activities

o Booking of Input VAT Invoices for SIGMAC Dammam Units,

Managerial

► Preparation of Individual Budgets for the assigned Divisions in co-ordination with Properties Management teams.

► Co-ordinate with Projects Department for SIGMAC Dammam Land development projects.

Competencies

The following competencies must be met and practiced on a continuous basis:

Behavioral

Functional

► Communication Skills

► Initiative

► Interpersonal Skills

► Flexibility

► Organizing and Planning Skills

► Self Confidence

► Teamwork

► Advisory & Consultation

► Consolidation Accounting

► Financial Reporting

► Language - Bilingual

Qualifications and Experience

1. University Graduate- SOCPA Registered,

2. 2-3 years of Account experience, especially in AR and GL,

3. VAT Return Submission,

4. Working experience in Oracle and Advance Excel,

5. Communication Skills and Technical Expertise.

Job Type: Full-time

Pay: ﷼6,000.00 - ﷼9,000.00 per month

Experience:

Accounting: 1 year (Preferred)

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Senior Accountant