Accounting & Finance Officer

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Employer - FalconViz
Job Description

Tasks and Responsibilities

Accomplishing the finance & accounting department and organization’s mission by completing related tasks as needed as per IFRS (International Financial Reporting System) and in compliance with SOCPA Saudi local statutory laws'

Leading audits of books and annual tax filing and getting the Zakat Certificate on time.

Being a key point of contact for other departments on financial and accounting matters.

Acquiring an in-depth knowledge of organizational services and processes.

Tracking bank deposits and payments.

Processing payments to Suppliers/Vendors.

Maintaining Bank/Cash Register for Incoming & Outgoing Checks/Transfers.

Generating transactions for Accounts Receivables.

Recording incoming payments.

Preparing & maintaining the fixed assets register.

Generating monthly depreciation entries to be posted in the accounting system.

Recording of purchase of assets and disposal.

Recording of payroll cost to defined cost centers.

Preparing payroll and all related accrued costs as per Saudi Labor Law.

Preparing Profit & Loss Statement and other Financial Statements including Balance Sheets.

Reporting for monthly withholding tax and annual income tax return filings.

Preparing and uploading VAT return in ERAD System.

Reviewing and implementing financial policies.

Managing records, receipts, and invoices.

Issuing and processing invoices.

Keeping accurate records for all daily transactions.

Recording accounts payable and accounts receivable.

Updating internal systems with financial data.

Reconciling monthly and yearly transactions and bank statements.

Resolving financial issues by developing action plans to implement change.

Projecting acquisition and expansion prospects.

Assisting in the preparation of budgets.

Monitoring financial performance by measuring and analyzing results to minimize the impact of variances.

Comparing and adjusting the budgets and projections.

Consulting cost restructuring plans.

Leading in financial audits.

Valuing the company.

Preparing monthly, quarterly and annual financial reports.

Developing and establishing the finance department's organizational and operational strategies by contributing financial and accounting information, analysis, and recommendations to strategic thinking and direction.

Updating job knowledge by remaining aware of new regulations; participating in educational opportunities; reading professional publications; maintaining personal networks and participating in professional organizations.
Must Be:
A holder of a bachelor’s degree in:




Must have:

3 - 5 years of increasingly responsible role in Finance and Accounting.

Strong working knowledge of MS Office.

A Master’s degree





or Equivalent Certifications

Location - Saudi Arabia
Date Posted - 10 Feb 2020
salary - Negotiable
Experience - 1-5 years
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