General Accountant

Whitecollars

Key Responsibilities

• Record daily financial transactions in the accounting system.
• Prepare and post journal entries with proper supporting documentation.
• Maintain accurate and organized financial records.

Accounts Processing

• Record supplier invoices and assist with supplier payment processing in coordination with the Finance Manager.
• Record customer payments and monitor receivable balances.
• Ensure expenses are recorded accurately and allocated to the appropriate accounts.

Store & POS Reconciliation

• Reconcile store sales with POS reports and system records.
• Review store cash deposits and investigate discrepancies.
• Ensure accurate recording of sales from all channels, including retail stores and online platforms.

Inventory Accounting

• Record inventory transactions and adjustments in the accounting system.
• Assist in reconciling physical inventory with system records.
• Support stock count procedures and investigate inventory variances.
• Calculate and allocate landed costs (freight, customs duties, and related import expenses) to inventory to ensure accurate product costing.

Bank & Account Reconciliation

• Perform regular bank reconciliations and investigate discrepancies.
• Reconcile supplier, customer, and other balance sheet accounts.
• Review account balances to ensure accuracy and completeness.

Financial Closing

• Assist with monthly financial closing activities.
• Ensure transactions are recorded in the correct accounting period.
• Support preparation of financial schedules and reports in accordance with IFRS principles and company accounting policies.

Payroll & Employee Earnings Review

• Review employee payroll records, including salaries, allowances, overtime, and other earnings before processing.
• Ensure payroll calculations are accurate and supported by approved documentation.
• Verify that payroll entries are correctly recorded in the accounting system and allocated to the appropriate accounts.

VAT Compliance

• Ensure transactions are properly recorded for VAT purposes.
• Maintain VAT documentation and supporting records.
• Assist in preparing VAT reports in compliance with ZATCA regulations.

Expense Review & Control

• Review expense claims and supporting documents for completeness and compliance with company policies.
• Ensure expenses are properly authorized before recording them.

Operational Coordination

• Coordinate with operations, warehouse, and store teams regarding financial matters.
• Support improvements in accounting procedures and internal controls.
• Perform other accounting-related duties assigned by the Finance Manager.