Senior Accountant

TAIT partners with artists, brands, IP holders and place makers to bring culture-defining, never-before-seen experiences to life. With a legacy of innovation spanning over 45 years, TAIT has grown from pioneering in rock ‘n’ roll concert staging to setting the global standard for extraordinary live events and experiences through cutting-edge technology, precision engineering, and creative design. TAIT’s 20 global offices have developed iconic productions and experiences in over 30 countries, all seven continents, and even outer space for renowned performers, theme parks, exhibits, and venues across the globe, including partnerships with Taylor Swift, Cirque Du Soleil, Royal Opera House, Nike, NASA, Bloomberg, Google, Beyoncé, and The Olympics

Position Purpose

A senior accountant is responsible for overseeing and managing financial operations within an

organization. They analyze financial data, prepare financial reports, ensure compliance with accountingprinciples and regulations, and provide guidance and support to junior accounting staff. Senioraccountants also participate in budgeting, forecasting, and financial planning activities, and may assistwith audits and tax filings. Their expertise and experience contribute to the overall financial health andsuccess of TAIT.

Responsibilities

Bank reconciliation with Epicor daily:

• Ensure that all payments and receipts have been booked on Epicor
• Managing Petty cash accounts and ensuring the booking and settlement regularly
• Preparing the Payroll payment and coordinating with HR to ensure the accuracy of calculation as per the Law in Saudi and UAE
• Cash flow control and perpetration
• Review the payment before approval.
• Support on booking of all payments and receipts with the team
  
  

Account Payables

• Review the vendor invoices and ensure compliance with the TAX Laws in Saudi and UAE
• Booking the vendor invoices in Epicor and ensuring the accuracy of project cost allocation to the right project, period, and amount.
• Prepare and reconcile accounts payable and aging balance before the payment
• Preparing the payment run and ensuring the proper communication with the project/operationteam to secure the appropriate documentation
• Reconcile the accounts payable weekly to ensure the accuracy of the balances.
• Coordinate with inter-company related parties’ company and ensure the booking and payment of invoices according to the group policy
  
  

Account Receivables

• Secure proper documentation of the client contract (PO)
• Prepare the client invoices and ensure compliance with the TAX Laws in Saudi and UAE
• Booking the client invoices in Epicor and ensuring the accurate allocation to the right project,period, and amount.
• Prepare and reconcile accounts Receivable and aging balance.
• Follow up the collection of the invoices with the operation team and bank statement
• Reconcile the accounts receivable every week to ensure the accuracy of the balances.
• Ensure the booking of revenue for projects while considering the different revenue recognition
• Coordinate with inter-company related parties’ company and ensure the booking and payment ofinvoices according to the group policy
  
  

GL Accounts / Fixed Assets

• Booking and reconciling the GL entries (pre-payments, accruals, inter-company transactions,provisions, and write-offs).
• Ensure that all transactions are allocated to the correct GL account.
• Booking all depreciation and maintaining proper control of the assets list.
• Review the balance sheet account to ensure the accuracy of the entries.
• Reports
• Prepare the project's P&L report weekly with an analysis of Revenue, cost, and margin.
• Prepare the Weekly cash flow for projects.
• Prepare the Monthly end Trail balance, P&L, and cash flow.
  
  

TAX / Audit

• Prepare the monthly VAT / WHT declaration and ensure compliance with Tax Laws.
• Support preparing the annual audit, Income Tax, and transfer pricing documentation.
• Perform assigned duties according to the policies and expectations prescribed by the company.
  
  

Position Requirements

• Bachelors Degree in Finance and Accounting
• 5 - 10 years experience within finance and accounting
• Excellent IT and ERP systems skills
• Fluency in English & Arabic is essential
• Vigilant and detailed orientated
• Conscientious with exceptional time management
• Hands-on, proactive approach with quick turnaround of tasks.
• Able to work in a fast-paced environment
• Strong communication skills
  
  

TAIT is an equal opportunity employer fully committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran or any other protected characteristic as outlined by international, national, state, or local laws.