Senior Accountant

Description:

Key Responsibilities:

- Managing all bank facilities, issuance amp; closure of letter of credit and; bank guarantees, loans and; post financing, performance bonds, performance bonds and keeping the related schedules ready for internal GL reconciliations, banks, audit and management reporting.

- Communication with the project team and suppliers / subcontractors, and processing all kinds of payments after validation and securing all approvals as per the defined process.

- Ensure all banks accounts, loans and facility utilization movements are reconciled on monthly basis.

- Ensure all the supplier / subcontractor balances are reconciled in accordance with the latest signed IPCs, and all advance, retention and current balances are reconciled and resolve any discrepancies.

- Communication with the banks related to all company bank accounts and preparing the required bank letters.

- Controlling the vendor advances, following up with the project team and maintaining related accruals.

- Invoice validations, three-way matching, ensuring GRN and recording all PO and non-Po based vendor invoices.

- Controlling the project schedules, maintaining ongoing IPCs and ensuring the balances are correctly reflected.

- Issuance of customer invoices, after validating the IPC calculation, issued by the Project team.

- Ensuring all the GLs and intercompany balances are correctly charged and reconciled on monthly basis.

- Posting all accounting entries and handling monthly, quarterly, and annual financial closing activities for the assigned group entities, maintaining all schedules and maintaining the documents for audit purposes.

- Take the lead on Ad hoc tasks and reports as required by the management.

Required Skills:

Education: Strong finance background - Masters / Part Qualified ACCA, CA, ICMA candidates will be preferred.

Experience: Local KSA experience (in construction industry) is mandatory.

Joining: Immediate joiners will be preferred with transferrable Iqaama.

Salary Range: SAR 9K to SAR 12K depending on the candidate’s profile.

Expertise: Treasury and Bank Facilities Accounting.

ERP: Hand on SAP experience is mandatory.

Must be very good in excel. Strong attention to detail and accuracy.

Problem‑solving mindset and proactive approach.