Accountant

Company Overview:

Founded in 1950, Shaker Group is a leading provider of HVAC and home appliance solutions in Saudi Arabia. We serve over 600,000 customers annually with a strong focus on innovation, sustainability, and customer satisfaction.

Purpose:

Managing and coordinating accounting operations within the organization. Oversee the preparation of financial statements, monitor accounting transactions, reconcile accounts, and ensure compliance with accounting standards and regulations.

Responsibilities:

• Process incoming customer payments and ensure timely bank deposits.
• Conduct balance confirmations and reconciliations for customer accounts to ensure accuracy.
• Resolve discrepancies promptly, addressing customer queries and issues.
• Calculate and issue discount credit notes for eligible customers.
• Review and post cash journal entries generated by cashiers for accuracy and completeness.
• Prepare and analyze monthly, quarterly, and annual financial reports related to customer sales and discounts.
• Collaborate with sales and marketing teams to accurately record sales transactions and adhere to discount policies.
• Assist in preparing annual budgets and forecasts related to customer sales and discounts.
• Conduct periodic reviews and audits of customer accounts to ensure compliance with company policies.
• Support internal and external audits by preparing schedules and responding to inquiries.
• Stay updated on industry trends and regulations concerning customer sales and discounts, suggesting process improvements as necessary.
• Mentor and train junior accounting staff in customer account management and reconciliation processes.
• Prepare and analyze financial statements in accordance with GAAP.
• Manage month-end and year-end closing processes, including reconciliations and financial reporting.
• Assist in budgeting and forecasting to support financial planning and decision-making.
• Develop and implement internal controls to safeguard financial assets and ensure data accuracy.
• Ensure compliance with tax regulations and prepare tax returns (income, sales/use, property taxes).
• Coordinate audits by providing necessary information and explanations to auditors.
• Identify opportunities for improving accounting procedures and systems.
• Supervise and mentor junior accounting staff, offering guidance and support.
• Conduct financial analysis and provide management with insights on financial performance and trends.

Requirements:

• Diploma degree in Accounting, Finance, or related field.
• 1 to 2years of relevant experience in a similar accounting role.
• Proficiency in accounting software and ERP systems (e.g., SAP, Oracle).
• Excellent verbal and written communication skills.
• Strong organizational and time management abilities.
• Detail-oriented with a high level of accuracy in work output.
• Experience in handling customer accounts and reconciliations.
• Ability to work independently and collaboratively within a team environment.
• Problem-solving aptitude and ability to handle complex accounting issues.