Accounting Transaction Processing Manager in Zahid Tractor, Saudi Arabia

Company Name: Zahid Tractor and Heavy Machinery

Position : Accounting Transaction Processing Manager

A Diversified Saudi Arabian Conglomerate seeks an Accounting Transaction Processing Manager, based at Jeddah, Kingdom of Saudi Arabia. 

The company is a Diversified Saudi Arabian Conglomerate offering comprehensive, customer-centric solutions in industries including construction, mining, oil & gas, agriculture, power, electricity & water generation, material handling, building materials, transportation & logistics, real estate development, travel & tourism, waste management & recycling, and hospitality.

The Company incorporated in 1967 deals with international brands in Machinery & Equipment, Tractors, Buses, Cranes, Asphalt Pavers, Compressors, Pumps, Hammers, Trucks and Lifts.

Job Purpose of the Accounting Transaction Processing Manager: 

• Management of the Accounting department
• Ensure all accounting activities are completed accurately and on time in an efficient manner.
• Provide Financial Analysis and management reports for regional management HO.
• Ensure all financial controls are in place for the division and the company.

Principal Accountabilities of the Accounting Transaction Processing Manager: 

• As Manager Accounting, the individual has full authority within the region for finance and accounting matters. He will have regional bank authority.
• Supervise a team of Remote Branch Accountants, Regional Team Accountants and Cashiers
• Liaise with Internal Staff, Sales Department, IT Department, External Customers, Suppliers, External Auditors, Banks & Regional Management
• In conjunction with Corporate Finance Controller devise a plan for centralization of the major processing activity for the Company and subsidiaries, with clear staff responsibilities.
• Communicate said plan to all relevant managerial and financial staff with clear understanding of areas of responsibilities.
• Implement the corporate centralization plan of all Payroll, purchasing and accounting activity.
• Ensure staffing is adequate to cover the responsibilities and requirements of the departmental plan.
• Ensure accurate and prompt completion of all accounting activities of the company.
• Prepare F&A Department Budgets, monitor actual expenses against budget and report on variances on a monthly basis.
• Assist and advise WR Operating Departments on the interpretation and understanding of all accounting matters.
• Prepare and check the monthly reports and prepare commentary & analysis for Regional Management.
• Ensure development of timely and reliable financial reports.
• Monitor all regional financial systems and ensure they are reliable, properly backed up and accurate.
• Manage all finance personnel within the department and prepare annual appraisal for all staff.
• Liaise with external auditors for completion of audit activities.
• Regularly review accounting policies and recommend changes.
• Regularly review the admin processes in place and recommend and implement change where practical.
• Be part of the Company Finance team, assessing and managing Group wide projects.
• Carry out any specific tasks as instructed by Corporate Financial Controller or Director, Finance & Accounting.

KPIs/KPAs of the Accounting Transaction Processing Manager: 

• Plan to implement centralization plan as per agreed timetable without interruption of service standards.
• Divisional monthly reports to be completed by 6th of the month.
• Manage department costs within the Department Budget allocation.
• Prepare monthly report on departmental cost & activity levels.
• Ensure all balance sheet accounts are reconciled monthly with differences followed up and cleared quickly.
• Maintains a schedule of branch visits to ensure Company procedures are being followed & controls are strong.
• Complete his own department budget on time.

Desired candidate Profile 

• Qualified Chartered Accountant, CA or CPA with 10 to 20 years of pure accounting experience in a large size organization with hands-on practical experience on each accounting area.
• An experienced Manager with strong Financial background and has demonstrated managing of an Accounting team of 50+ individuals.
• Strong Systems Skills in Oracle financials or SAP or any other reputed ERP
• Strong command over MS Excel and Lotus Notes
• International working experience in the Gulf Region is a must.
• Well-conversant in English language and preferably, in Arabic
• Exceptional communication & presentation skills (spoken and written).
• Exercises sound judgment regarding control standards.
• Is able to dispense credible and practical advices when requested.
• Team-building and leadership skills; in addition to strong inter-personal skills.
• Understand and appropriately handle employees, control, audit, reporting, systems and business analysis issues.
• Possess and exercise sound analytical, and problem solving skills
• Able to demonstrate to staff that will not ask them to do something that he is not able to do.

EMAIL YOUR PROFILE TO: careers @originconsultants.com
Recruiter Name:Nita Thaker
Telephone:91-22-42271300