Chief Accountant

Location
Riyadh, Saudi Arabia
Salary
Competitive
Posted
17 Feb 2019
Closes
17 Feb 2019
Ref
3890506
On behalf of a leading Real Estate client, we are seeking a Chief Accountant for their Riyadh head office.
You will supervise the accounting operations of the company and maintain related financial records; provide internal control of fiscal plans and budgets; develop and prepare studies in the area budget; train, supervise and evaluate the performance of assigned personnel.

 Supervise monthly and yearly-end process, AP/AR, cash receipts, general ledger, payroll, vendor’s reconciliations, fixed assets activity, debit activity, JV accounting, billing and financial reporting.
 Meet accounting financial standards by providing accounting department information; monitoring expenditures; identifying variances; implementing corrective actions.
 Maintain cash flow by monitoring bank balances and cash requirements.
 Update and monitoring of cash position report to reliably account all cash movement from GL and Bank balances.
 Review all vouchers prepared such as AP, GL, and Rental transactions to ensure the accuracy of accounting entries and if accordingly classified.
 Ensure the accuracy and compliance of the general ledger entries in line with the established.
 rules and accounting principles.
 Monitor prepaid expenses, accruals, bank loan facility and intercompany accounts, to ensure the tracking of accounts are reported in the correct period such like Land Lease rent, Property Insurance, Landscaping contract & other main contracts.
 Ensure the monthly and quarterly Bank Compliance activities are performed in a timely and accurate manner.
 Supervise monthly financial statement and making the correction entries.
 Supervise the daily operations of the accounting department.
 Support the interim and annual audits.
 Ensure the smooth transfer of data between the rental module and financial module (YARDI System)
 Manage the reconciliation of the payments and monitor accounts to ensure payment is made up to date and resolve any discrepancies.