Asst. Station Accountant

Roles and Responsibilities:

In this role, you will:

• Direct and oversee the timely processing of all invoices and payments in strict adherence with company policies and procedures.
• Manage the induction of new vendors and ensure compliance to regulations by sanctions screening these vendors before onboarding.
• Ensure an accurate and timely monthly, quarterly and year end close for Riyadh accounts.
• Manage the general accounting process including account reconciliations, month-end close procedures and accruals.
• Review aging reports to identify issues and take appropriate action for debt collection.
• Assist with preparation and evaluation of yearly budgets and conduct monthly analysis to identify any variances to actuals.
• Monitor day-to-day fund requirement and ensuring monthly cash positioning for the location.
• Ensure that collections are deposited and transferred to KAC corporate bank accounts in a timely manner as per HO guidelines.
• Maximize repatriation of funds at the most beneficial exchange rates by partnering with Banks to negotiate when trading.
• Assist the HO finance department / Country Manager in bringing in / implementing process improvements for efficiency.
• Coordinate with JED station in meeting local regulatory compliance.
• Review all financial statements for accuracy and completeness during month ends.
• Ensure that financial controls, processes, procedures and systems as defined by the HO finance are in place and being adhered to.
• Work with HO to establish goals and objectives for each year and monitor and advice on the progress.
• Coordinate with other departments within the country in meeting station objectives and assisting in streamlining internal processes and statutory requirements.
• Proactively highlight risks or process deviations and propose additional process controls for risk mitigation .