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 accounting principles and regulations, and provide guidance and support to junior accounting staff. Senior accountants also participate in budgeting, forecasting, and financial planning activities, and may assist with audits and tax filings. Their expertise and experience contribute to the overall financial health and success of TAIT.

Essential 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/operation team 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 of invoices 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.