Accounting Manager - JOSLOC

2. JOB PURPOSE

The aim is to state the overall significance of the job from the organisation's perspective.

To supervise the accounting section of the finance department and assist the FC/CFO in performing multiple duties related to the accounting functions of the organization within established deadlines.



4. MAIN ACCOUNTABILITIES This section describes the principal outputs required from the job.

Description

Policies, Processes and Procedures

• Assists in the development and implementation of section policies, processes, and procedures to ensure all relevant procedural / legislative requirements are fulfilled

Day- to-day operations

• Supervises the day-to-day operations of the accounting section to ensure that work processes are implemented as designed and comply with established standards and procedures

Job Specific

• Responsible for the monthly financial closing process and for preparing monthly, quarterly and year-end financial accounts in compliance with SOCPA and International Accounting Standards which fairly reflect the financial position and activities of the company. Accounting Manager is responsible for closing the books for the previous month on the 3th work day of the following month.

• To control that information in sub-systems (AR, AP, FA, Spare Parts System ) are reflected correctly in financial system (GL) and are properly reconciled.

• To act as alternate finance signatory in the absence of CFO.

• To ensure Joint Venture Partners’ information is provided within required on-time.

• Responsible for ensuring Balance Sheet accounts are reconciled by preparing effective reconciliations for all accounts

• Manage the Fixed Asset Register of the Company ensuring assets are properly identified and tagged and depreciated on a monthly basis.

• To maintain control over the capital budget.

• Prepare monthly and quarterly Management Information, GARANCE, GPMR, Flash Report, tax & withholding tax returns.

• Control over inputs and outputs to ensure that procedures and authorities are being properly and consistently applied.

• Supervising the calculation of the monthly product wise gross margins and preparing management information.

• Finance Focal Point for all Plant issues (credit / debit notes).

• Finance Focal Point and Coordinator for the annual External Audit and for responsible for ensuring annual audited accounts are issued on time.

• Supervising the raw material invoices and ensure the payments in time

• Plan, coordinate and supervise the carrying out of Quarterly Stock counts and make adjustments to the financial stock position based on the result of the count.

• To review and perform ‘pass for payment’ control correctly ensuring that all invoices are appropriately allocated.

• To carry out ad-hoc studies as and when required by Head of Department.

• Manage the overall General Knowledge and check for any exceptional items or errors.

• Manage the Arabization of books of account in coordination with IT



Reporting

• Supervises and edits the preparation of timely and accurate departmental reports which conform to JOSLOC and department requirements, policies and standards

Budget

• Leads the budget preparation efforts across the Company coordinating with other department heads to get their input and consolidating this into the overall budget

• Follows-up on actual vs. budget figures examining variances and taking corrective actions as required

Supervision

• Supervises the activities and work of subordinates by providing formal and informal feedback to ensure that all work within a specific area is carried out in an efficient manner and in accordance with set individual targets

HSSE

• Ensures compliance to all relevant health, safety, security, and environmental procedures across the division in order to promote a healthy and safe work environment

Related Assignments

• Performs other related duties or assignments as directed

Job Details

Date Posted:	2014-01-12
Job Location:	Riyadh, Saudi Arabia
Job Role:	Accounting/Banking/Finance
Company Industry:	Lubricants/Greases Blending

Preferred Candidate

Career Level:	Management
Gender:	Male
Degree:	Bachelor's degree / higher diploma

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Date Posted: January 12, 2014 at 10:26AM

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Accounting Manager - JOSLOC