Financial Accountant

5 days ago

Manama, Manama, Bahrain Propel Consult Full time 40,000 - 60,000 per year
Company

Our client is founded by the Saudi government to bring all communities together and develop all sectors and fields with innovative solutions. The organization generates over $24 million in sales and has over 850 companies and 700 employees.

They are currently looking for a Financial Accountant to be based in Saudi Arabia.

Duties & Responsibilities:  
Own end to end record to report monthly, quarterly and yearly closing activities for multiple entities/sectors including accruals, prepayments, revenue, bank reconciliations, provisions, leases and ad-hoc correction journal entries.Responsible for booking all intercompany transactions for assigned subsidiaries and sectors along with month end intercompany reconciliations.Perform monthly balance sheet reconciliations as assigned, and resolve issues to ensure GL code balances are reflecting accurate balances.Preparation of monthly management reporting packs including financial statements.Business partnering with cross-functional stakeholders to implement new and efficient processes and effective controls especially in relation to SAP functionality and enhancement.Support development of new accounting functions in company as they evolve - this will include new revenue streams, intercompany transactions for new subsidiary entities, JV accounting for new joint ventures etc.Operate within the required SOX controls framework, completing assigned control procedures, and supporting with specified SOX activities.Liaise with tax, treasury, FP&A, consolidation, Reporting, internal audit and corporate finance teams.Responsible for addressing annual financial statement & audit related queries for assigned subsidiaries and sectors.Analyze business operations, trends, costs, revenues, financial commitments, and obligations, across sectors as requested to support in decision-making.Qualification & Requirements:
Detailed understanding of IFRS.Bachelors degree in accounting, business or finance.Active ACA, ACCA, CA, CPA professional qualification required including at least 3 years of experience with a top 6 public accounting firm preferred.Minimum 2 years of relevant Financial Accountant industry experience required.Shared Services experience preferred.SAP experience is highly desired.Multi-currency experience a plus.Proficiency in Microsoft Office products with advanced Excel skills.Excellent problem-solving and strong analytical skills with great attention to detail.Able to multi-task and prioritize in a fast-paced environment with last minute deadline driven tasks.Strong communication and interpersonal skills across multiple levels and functions.

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