Financial Accountant

DP World


Date: 22 hours ago
City: Al Khobar
Contract type: Full time
Job Description

Part of the responsibility will be on

  • Assist in preparation of accurate vessel and company budgets, forecasts and report result to internal and external stakeholders in a timely and consistent manner.
  • Ensure timely closure of monthly accounts (Intercompany entries, journal entries, P&L cost analysis, balance sheet schedules, variance analysis etc.)
  • Assist with the maintenance of relevant financial systems and their integrity.
  • Assist with ensuring compliance to local taxes (WHT, CIT, VAT) and prepare monthly Saudi tax compliance report.
  • Assist with the management of internal and external audits, audit requests, also provides necessary supporting.
  • Maintain close financial controls over operational budgets and the processes by which they are drawn up
  • Coordinate with central shared services in getting the required financial and procurement services on time.
  • Maintain petty cash for local expenses in KSA and adherence to MOA.
  • Ensure timely and accurate payments to local vendors and to arrange cash to masters, bank guarantees and bank confirmations.
  • Quarterly IKTVA compliances report to be submitted to Aramco, yearly IKTVA audit and audit report to be upload.
  • Should able to provide all necessary details regarding tax/VAT/WHT assessment of any previous years.
  • Quarterly CIF data to be submitted to local tax authority in the required format.
  • Raise timely and accurate customer invoices (all types of income including fuel, back charges and intercompany) for assigned fleet.
  • Communicate with clients about billing discrepancies and questions.
  • Engage management over any AR related issues.
  • Initiate collections on past-due accounts through ageing analysis.
  • Prepare debtors report with reasons of delay in collections.
  • Prepare utilization reports as required.
  • Maintain accounting ledgers.

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