Accountant

Advanced BioCatalytics Industries Company (ABCI) – A Subsidiary of Abunayyan Holding

Location: Dammam, Saudi ArabiaRole Purpose:The Accountant is responsible for carrying out day-to-day accounting activities, including general accounting activities include preparing of journal entries; maintaining balance sheet schedules and ledgers and account and bank reconciliations, liabilities and assets entries, income and expenditures; accounts receivable and payable; the general ledger; and cash and liquidity needs.KEY ACCOUNTABILITIES:1- Accounting & Cash Control Reviews purchase orders, cheque requests, and/or other related documentation for completeness and compliance with financial policies, procedures, and contractual requirements.Performs reconciliation of general ledger accounts, reports, and other financial transactionsPrepares and records asset, liability, revenue, and expense entries by compiling and analyzing account information.Summarizes financial status by collecting information and preparing balance sheet, profit and loss, and other statements.Participates in balancing and reconciling statements of accounts.Handles bank reconciliation and ensures that there are no discrepancies.2- General Ledger reconciliation Post all the entries in the related general ledger (hard and soft GL)Provide analysis and reports related to open line items in the general ledger and take required action to clear.Reconcile, GL Accounts, prepare 'action-triggering' schedules, and take timely action to resolve any issues in consultation with the Chief AccountantProvide support to the Chief Accountant & Finance Manager in the yearly closing of books of accounts3- Accounts Receivable & Credit controlPrepare payments by verifying documentation and requesting disbursements.Reviews invoices for accuracy; sorts documents by account name or number, and processes invoices for paymentProcess credit application requests from operations/ supply chain.Maintain approval andآ relevant documentation as per approved credit deals.Ensure that entries relating to inter-company cash transfers are posted properly4- Accounts PayableProcess payments to vendor and suppliers within established time limits and ensuring that expenses are correctly booked.Prepare "due invoices" reports and submit them for approval, in order for processing payments.Ensure that all the staff cash / cheque payments/ settlements etc. are paid in a timely and appropriate manner.Ensure accuracy and adequacy of accounts payable records and documentation.Reconciling vendor balances and creating monthly accrual.Responsible for invoices registration, checking invoices received and ensure timely payment of invoices as per contractual due date.JOB SPECIFICATIONS:A minimum of 3 - 5 years’ experience in a similar position in the same or any other related industryKnowledge of accounts posting, ledger activity, reconciliations, double-entry bookkeeping, math, and financial recordsBachelor's degreee in Finance / Accounting / Commerce or equivalent from a reputed University/ College