Finance Accountant Zhende Middle East

Employer Active

Posted 19 min ago

Experience

3 - 5 Years

Monthly Salary

SAR 10,000 - 15,000 ($2,701 - $4,051)

Job Location

Jeddah - Saudi Arabia

Education

Bachelor of Commerce(Commerce), Bachelor of Business Administration(Management)

Nationality

Saudi Arabian

Gender

Any

Benefits

Accomodation, Medical Insurance, Transportation, Annual Leaves As Per Labour Law

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

  1. Financial and Accounting

  • Work together with Group FSSC team to maintain Saudi JV finance book and ensure the accounting entries comply with Saudi Accounting Standards (SOCPA)

  • Assist Group FSSC team to complete JV month-end closing process in time and prepare monthly, quarterly, and annual financial statements according to Saudi SOCPA

  • Implement financial internal control procedures in JV to ensure the compliance and mitigate financial risks

  • Timely communicate with sales team and customers to ensure AR balance to be settled in time

  • Perform the inventory and fixed asset counting and perform the root cause analysis if there is gap between physical inventory and finance record

  • Support local business team to provide finance support and data analysis

  • Perform the cost analysis based on the guideline from group

  • Complete the ad hoc tasks from Group

  1. Tax and Compliance Management

  • Work together with tax agent to submit monthly/quarterly/annually tax filing and ensure JV tax transactions and filing are in compliance with Saudi General Authority of Tax and Customs (ZATCA) regulations

  • Assist Group FSSC team to complete group finance audits and work with local external auditor to complete local annual statutory audit

  • Monitor the Saudi localization ratio per Saudi government requirements

  • Ensure financial records and supporting documents are maintained in compliance with the requirements of the Saudi finance regualtions

  1. Treasury and Banking Management

  • Prepare cash flow forecasts and funding plan

  • Manage SIDF loan application and repayment if any

  • Liaise with local banks

Desired Candidate Profile

  • Must have valid professional credentials, with education and work experience meeting HRSD standards; preference given to candidates holding professional qualifications recognized by the Saudi Organization for Certified Public Accountants (SOCPA)

  • Familiar with local Saudi accounting standards, tax, and other relevant regulations

  • No criminal record; must meet Saudi professional ethics requirements for accountants

  • 3–5 years of relevant financial accounting experience; preference given to candidates with experience in foreign-invested enterprises

Employment Type

    Full Time

Company Industry

Department / Functional Area

Keywords

  • Audit Accountant
  • Financial Reporting
  • Financial Analysis

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Zhende Middle East

We are a new subsiduary of Zhende Medical Corp, China, we are build a new factory in Jeddah, our Mission is Ensure medical safty, reduce healthcare cost.