Manage daily accounting operations and prepare financial reports while ensuring the accuracy of records and compliance with financial systems and policies, supporting decision-making and maintaining the integrity of the financial center for the company.
Main Responsibilities
Firstly: Accounting Operations
- Record daily entries and ensure their accuracy.
- Review all financial transactions before approval.
- Manage accounts payable and receivable.
- Reconcile bank statements on a regular basis.
- Monitor expenses and revenues.
- Prepare monthly closing entries.
Secondly: Financial Reporting
- Prepare monthly financial statements.
- Prepare profit and loss statements.
- Prepare the general ledger.
- Prepare cash flow statements.
- Analyze financial variances and prepare recommendations.
Thirdly: Cost Management
- Monitor raw material costs.
- Analyze product costs.
- Monitor operational expenses.
- Prepare comparative reports between budget and actual expenses.
- Monitor cost centers.
Fourthly: Taxes and Zakat
- Prepare and review VAT returns.
- Ensure compliance with tax regulations.
- Prepare necessary documentation for Zakat or governmental entities.
- Maintain supporting documents.
Fifthly: Financial Auditing
- Ensure compliance with financial policies.
- Review expenditures and approve documentation.
- Monitor contracts and loans.
- Execute periodic audits and reconcile with records.
- Monitor fixed assets.
Sixthly: Payroll
- Review payroll processes.
- Reconcile payroll with contracts.
- Review deductions and replacements.
- Coordinate with HR regarding payroll matters.
Seventhly: Administrative Reporting
- Prepare financial reports for management.
- Prepare financial performance indicators.
- Provide recommendations for improving financial performance.
- Participate in preparing the annual budget and financial forecasts.
