ARASCO Saudi Arabia

Chief Accountant

  • Saudi Arabia
  • ARASCO Saudi Arabia
  • Posted date: 1 week before
  • End date: 2024-05-24

Job Title: Chief Accountant

Job In Saudi Arabia

Company: ARASCO Saudi Arabia

Start Date: 2024-05-09

End Date: 2024-05-24

Job Description

Job Summary:

To ensure accurate recording and maintenance of financial records of SBU and timely preparation of Unit financial statements

Key Responsibilities:

  •  Prepare the Income Statement and Balance Sheet & Cash Flow for the business/ location in compliance with standard accounting practices
  •  Ensure submission thereof to the Finance Manager on time for review
  •  Assist the Manager – Finance to comply with reporting requirements as the need arises
  • Provide inputs to the Manager – SBU Finance to accurately estimate cash flow requirements
  • Provide timely and accurate inputs for Costing reports
  • Identify and evaluate opportunities to optimize cost and increase efficiency
  • Ensure adequate accurate maintenance of the Fixed Asset and other financial registries
  •  Manage creation of ‘Asset’ in the Fixed asset register as necessary, by accurately recording the ‘Asset Class’, specifying ‘life of the asset’ and ‘rate of depreciation’
  •  Update and maintain records in asset registry– addition and deletion of assets
  •  Manage timely and accurate computation of depreciation on the assets in compliance with the corporate policy
  •  Maintain General Ledger in BaaN through timely and accurate recording of transactions
  •  Support Manager Finance in ensuring timely generation of the IDAC Trial Balance
  • Coordinate with Corporate Finance team as necessary in issues related to Trial Balance
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