Accountant (Dammam)
Sary, Saudi Arabia
Job Description
At Sary, we are reinventing wholesale by providing the best shopping experience from wholesale markets. We help businesses manage their purchases efficiently through operational and technical innovations. Using our platforms, thousands of businesses have access to wholesale listing from hundreds of suppliers at convenient cost and service.
Job description :
The main role of Accountant, to maintain and track bills of expense and Taxes and Withhold taxes payment, prepare payments and requesting disbursement. All regular cash outflow needs are taken care by Accountant. The Accountant role is also to secure the Company revenue. The employee is responsible for the income and the cash inflow in the company in addition to clear any discrepancies.
Responsibilities :
Accounting:
- Collection of various bills related to company and verifying them on day to day basis.
- Making bill entries in the accounting software.
- Verify that transactions comply with financial policies and procedures
- Plan for weekly cash outflow needs to process the payment and disbursement.
- Adhere to Credit policy with Vendors and efficiently avail discounts offered.
- Process weekly payment either by cheque or electronic transfer.
- Set-up new customers in the Enterprise Resource Planning (ERP) system
- Download customer invoices from all our affiliated group of companies.
- Ensure correct coding of all customer invoices and payments in the ERP system
Accounts Receivable:
- Reconcile customer statements and correct discrepancies as necessary
- Support financial statement audits
- Assist in month-end financial statement close
- Support other accounting projects, as necessary
- Prepares accounting and financial reports for monthly, quarterly and year-end financial packages and financial statements including recording, classifying, and summarizing financial transactions
- Communicate the requirement of the external amp; internal audit enquiries.
- Recording transactions and posting of journals to the ledge, reviewing and approving the journal entries. This also includes managing all accounts within accounts receivable
Accounts Payable:
- Prepare month-end account reconciliations (primarily cash, accrual and prepaid accounts)
- Prepare and post month-end accrual and prepaid entries
- Review invoices to ensure that all the information appearing on them is accurate and complete
- Verify that payable transactions comply with financial policies and procedures
- Process transaction reports (aging, payment, etc.) after data entry
- Maintain listing of accounts payable
- Review updated vendor detailed files (contracts, etc.)
- Monitor accounts aging to ensure payments are up to date
- Reconcile vendor statements and make corrections of discrepancies
- Oversees the development and implementation of systems, and controls to ensure that the quality and allocation are properly accounted for.
- Support financial statement audits
- Assist in month-end financial statement close
- Support other accounting projects, as necessary
- Prepares accounting and financial reports for monthly, quarterly and year-end financial packages and financial statements including recording, classifying, and summarizing financial transactions
- Maintaining lists of payables as well as a general ledger and prepare special reports.
Requirements
- 1-2 years of relevant experience
- Bachelor Degree in a relevant field is required
- Master’s degree in a relevant field is preferred