ACCOUNTANT, GENERAL

alfanar


Date: 3 weeks ago
City: Riyadh
Contract type: Full time
Job description:

Job Purpose

Performing various financial activities like preparing financial statements, maintaining accurate financial records, and ensuring compliance with accounting standards and regulations

Key Accountability Areas

Financial Recordkeeping:

  • Maintain accurate general ledger accounts.
  • Post journal entries and record business transactions.
  • Reconcile accounts payable and receivable.

Account Reconciliation:

  • Perform monthly reconciliations to ensure accurate balances.
  • Investigate and resolve financial discrepancies.

Accounts Receivable & Payable:

  • Process invoices and ensure correct client billing.
  • Follow up on payables and ensure timely vendor payments.
  • Monitor receivables and follow up on overdue accounts.

Asset Management:

  • Maintain fixed asset records, including additions, disposals, and transfers.
  • Classify assets correctly and update the asset register.
  • Monitor depreciation and ensure compliance with IFRS/GAAP.
  • Prepare depreciation schedules and assist with physical counts.

Inventory Management:

  • Track inventory and record transactions accurately.
  • Apply correct valuation methods (FIFO, LIFO, Weighted Average).
  • Assist with inventory audits and reconciliations.
  • Maintain controls to prevent losses.

Reporting & Analysis:

  • Prepare financial reports on assets and inventory.
  • Reconcile related general ledger accounts.
  • Support month-, quarter-, and year-end closing.
  • Provide insights to improve asset and inventory management.

Compliance & Documentation:

  • Ensure compliance with internal controls and policies.
  • Support external audits with documentation.
  • Adhere to accounting standards and tax laws.

System & Process Improvements:

  • Recommend improvements in asset and inventory systems.
  • Ensure accurate reporting and data integration with accounting software.

Collaboration:

  • Coordinate with procurement, warehouse, and finance teams.
  • Support budgeting and forecasting related to assets and inventory.
Role Accountability

HR Proficiency:

  • Ability to obtain updated soft and technical skills related to the job.

Delivery:

  • Perform the planned activities to meet the operational and development targets as per delivery schedules.
  • Utilize resources effectively to achieve objectives within efficient cost and time.
  • Provide a periodic report formatted by detailing the deviation and execution of planned tasks.

Problem-Solving:

  • Solve any related problems arise and escalate any complex operational issues.

Quality:

  • Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.

Business Process Improvements:

  • Coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.

Compliance:

  • Comply to related policy and procedures and work instructions.

Health, Safety, and Environment:

  • Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.
Academic Qualification Bachelor Degree in Accounting Work Experience 2 to 5 Years Technical / Functional Competencies Financial Accounting (FI) Accounts Receivable (AR) Reconciliation Financial Reporting

Profile description:

Alfanar is a Saudi company with an international presence, primarily engaged in the manufacturing and trading of a wide variety of low, medium, and high voltage electrical products, in addition to its portfolio of conventional and renewable energy solutions, oil and gas, water treatment, infrastructure, technical services, and digital solutions.

The hub of alfanar’s manufacturing operations is Medinet alfanar Alsinaiya, a 700,000 square-meter complex located in Riyadh. The complex houses an array of ultra-modern manufacturing facilities and laboratories equipped with state-of-the-art technologies and staffed with highly skilled professionals.

alfanar derives its success from its commitment to providing the highest quality standards to its customers, and the continuous development of its human capital, who alfanar considers its most valuable asset. With this in mind, alfanar promotes a proactive work environment where its employees are always valued, nurtured, and empowered to fuel their pride in being part of alfanar.

For more information about alfanar, please visit alfanar.com

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