Thursday 6 April 2017

Accountant for Saudi Arabia

Depot Accounts 
  • Maintain depot financial and non-financial accounts and timely produce all financial statements in line with company finance and accounting policies and local regulations. 
  • These include cashbook, Pettycash accounts, Temporary credits, Depot stocks and record of any shortages and shortfalls. 
  • Document produced include monthly journals of cash and credit sales, cost of sales, time sheets and payroll deductions.

Company Assets. 
  • Safeguard and verify company assets at the location to ensure that all assets on record reconcile with physical stocks.

Collections 
  • Ensure that all collections for the day are banked in accord with company policies and procedures.

Management reports 
  • Prepare daily, weekly and monthly accounting reports for local, regional and head office management. 
  • Produce non-financial quantitative reports on the depots profitability, efficiencies in relation to other depots.

Use of hardware and software 
  • Ensure that all hardware and software are used in record with the company standards and all back-ups are taken in required manner.

Working Capital 
  • Ensure the validity of all reports pertaining to debtors, temporary credits, stocks and cash so that they reconcile with all transactions. 
  • Conduct spot checks on the authenticity of temporary credits and debtor balances. 
  • Also check the stocks and waste, and report variances to the regional office with supporting evidence for write-of.

Expenditure control 
  • Ensure that all expenditure incurred is with the budjet and in line with company policies.

System update 
  • Ensure the depot accounting system is updated regularly to ensure the accuracy, reliability and integrity of data stored in the system.

Performance Indicators 

  • Month end accounts are completed timely and accurately.
  • All company assets in the depot are properly recorded and safeguarded.
  • Timely banking of all collections on daily basis
  • Management reports are prepared timely and accurately.
  • Usage of hardware and software compiles with company standards with no deviation.
  • All reports on working capital are timely and accurately prepared for management decision making and / or action..
  • Negative variance between budget and actual expenditure is highlighted for justification of management action.
  • Data stored in the system is accurate and reliable

Essential Qualifications: 
  • Bachelor degree in accounting or finance.
  • About 3-8 years of accounting experience preferably in a depot
  • PC literacy especially MS excel & word, methodical, attention to detail, analytical skills, reporting skills and communication skills.

CVs to be fwd:
  • Please forward your updated resume AIAP to placementchennai@itltravel.com
  • Only shortlisted candidates will be called for interview.

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