Job Overview
Location – Saudi ( Full time -Contract role )
The Role
Managing a team of nine (5-6) staff, your role will include:
- Manage and support the Accounts Payable (AP), Accounts Receivable (AR), and the Treasury team:
- Ensure all financial reporting deliverables are completed timely and comply with business and policies and standards, including monthly, quarterly, annual, reportings.
- Manage month end close and the general ledger ensuring it covers all transactions and journal entries and is properly updated, maintains accurate accounting and financial records to secure accuracy, completeness, and compliance with established accounting policies and procedures.
- Manage and supervise the efficient, timely and accurate payments (AP Process)
- Manage oversight of AR process and ensure accuracy (e.g. sales and bank reconciliations).
- Manage the Treasury for the Middle East scope.
- Ensure that the banks are cleared and reconciled on a daily basis.
- Review the communication with the banks for bank signatories update.
- Review the bank KYC and ensure that the proper documentation is shared with the banks.
- Review the weekly payments prepared by the AP team and validate them.
- Follow up and execute the BOD signed, related to bank signatories update and dividends distribution.
- Manage the monthly treasury reporting.
- Review the monthly VAT declaration prepared by the Senior Accountant
- Review the VAT prepared and declared by the tax advisors
- Follow up on the tax requirement from the authorities, mainly for Saudi Arabia
- Manage the tax audit performed by the tax authorities.
- Ensure all financial controls are adequately applied so the books of account will always present a true and fair view.
- Manage the year end audit and prepare the yearly financial statements for all entities, including the consolidated financial statements
- Maintain a smooth relationship with the stores teams.
- Assist and attend the meeting related to events, popups, store opening,…
- Manage local relations with statutory auditors / tax advisors / tax authorities / banks.
- Coordinate with EMEA Zone & Central counterparts (Treasury / Finance).
The Candidate
- Master’s or degree in Finance, Accounting, Economics or related degree
- 10+ years of relevant working experience
- Knowledge of SAP
- English and Arabic speaker