Accountant Needed Urgently In KSA Saudia Arabia

•  Accountant Needed 

We are hiring an Assistant Accountant to join our team.

Position: Assistant Accountant

Salary: 5000 SAR (after 2 years – 8000 SAR)

Contract: 2 Years

Benefits Provided by Company:

Accommodation

Iqama

Transportation

Medical

Insurance

Qualifications:

B.Com / BBA or equivalent

Knowledge of ERP Systems

Proficiency in Tally, Excel & Word

Location: Riyadh 

Interested candidates may apply through link given at the end 👇👇

Responsibilities of an Accountant

An Accountant plays a crucial role in the financial health of any organization. Their responsibilities go far beyond simply recording transactions — they ensure accuracy, compliance, efficiency, and strategic insight into business operations. Below are the major responsibilities of an accountant explained in detail

Financial Record Keeping

Maintain accurate and up-to-date financial records of the organization. Record all transactions such as sales, purchases, expenses, receipts, and payments. Ensure that records comply with company policies and legal regulations. Organize financial data systematically for easy access during audits or reviews.

Accounts Payable (AP) Management

Verify vendor invoices against purchase orders (POs) and goods received notes (GRNs). Process supplier payments accurately and on time. Monitor outstanding payables to maintain good relationships with vendors. Resolve discrepancies in invoices, purchase orders, or delivery notes. Maintain proper documentation for audit and compliance purposes.

Accounts Receivable (AR) Management

Prepare and issue invoices to customers. Monitor collections and follow up on overdue accounts. Record customer payments (cash, bank transfer, credit card, etc.). Reconcile customer accounts regularly. Support sales teams by providing credit control and customer account information.

General Ledger (GL) Management

Post journal entries for daily financial transactions. Ensure all entries are properly classified under the correct accounts. Maintain trial balances and investigate discrepancies. Support in preparing monthly and annual closing entries. Ensure accuracy in balance sheet and profit & loss accounts.

Bank Reconciliation

Match bank statements with internal records to identify differences. Record outstanding checks, deposits in transit, and bank charges. Investigate and resolve discrepancies between cash book and bank statements. Ensure that company cash balances are accurate and updated.

Payroll Processing

Calculate employee salaries, benefits, and deductions. Process payroll in compliance with labor laws and company policies.

Ensure accurate calculation of overtime, leave, and end-of-service benefits. Maintain confidentiality of employee financial data. Prepare payroll reports for management.

Budgeting and Forecasting

Assist in the preparation of annual budgets. Track actual expenses against the budget to identify variances. Provide management with financial forecasts based on current trends. Suggest cost-saving opportunities and financial planning strategies. Help different departments manage their budgets effectively.

Financial Reporting

Prepare monthly, quarterly, and annual financial statements. Create reports such as income statements, balance sheets, and cash flow statements. Provide detailed variance analysis to highlight financial trends.

Share timely reports with management for decision-making. Ensure reports are prepared in accordance with International Financial Reporting Standards (IFRS) or Generally Accepted Accounting Principles (GAAP).

Taxation and Compliance

Calculate and file VAT, income tax, and other applicable taxes. Stay updated with changes in tax laws and regulations. Ensure timely submission of tax returns to avoid penalties. Prepare documentation for tax audits. Provide advice to management on tax-efficient strategies.

Internal Controls and Audit Support

Develop and maintain strong internal control systems. Safeguard company assets by preventing fraud and errors. Prepare schedules and documentation for internal and external audits. Cooperate with auditors and provide necessary information. Implement auditor recommendations for improved controls.

Fixed Asset Management

Maintain a register of all fixed assets such as buildings, equipment, and vehicles. Record depreciation expenses according to accounting policies.

Track asset movements and disposals. Ensure physical verification of assets periodically. Support management in capital budgeting decisions.

Support to Management

Provide financial insights for strategic planning. Participate in business decision-making by analyzing financial implications. Support investment decisions by preparing feasibility studies. Advise management on financial risks and opportunities. Collaborate with other departments to align financial planning with operations.

ERP & Accounting Software Management

Operate financial systems such as SAP, Oracle, QuickBooks, or Tally. Ensure accurate and timely data entry. Train junior staff on accounting systems.

Generate automated reports for analysis. Maintain data integrity and backup procedures.

Handling External Relationships

Coordinate with banks for transactions, loans, and facilities. Liaise with auditors, tax authorities, and regulators. Maintain positive relationships with vendors and customers. Provide financial data requested by external stakeholders. Represent the company in financial discussions when needed.

Ethics and Confidentiality

Uphold integrity and transparency in financial reporting. Avoid conflicts of interest and fraudulent activities. Ensure confidentiality of sensitive financial information. Adhere to professional accounting standards and codes of ethics. Promote trustworthiness in all financial dealings.

Conclusion

The responsibilities of an Accountant go far beyond data entry or bookkeeping. They serve as financial guardians of an organization, ensuring transparency, compliance, and efficiency. By managing payables, receivables, reporting, audits, taxation, budgeting, and cost control, accountants provide the backbone for informed decision-making. Their role requires attention to detail, analytical skills, technical expertise, and strong ethics to ensure the business not only survives but thrives financially.

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