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Senior Accountant

Rashed Abdul Rahman AlRashed & Sons Group

Posted on September 30, 2019

2 - 3 years Riyadh - Saudi Arabia

Any Nationality

Opening 01

Job Description

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Job Description
Policies, Processes & Procedures
Monitor adherence to departmental policies, procedures and controls covering all areas of accounting so that relevant procedural/legislative requirements are fulfilled
Consolidate the budget and monitor financial performance in business units versus the budget so that the group is aware of anticipated costs/revenues, areas of unsatisfactory performance are identified and potential areas of cost reduction or performance improvement opportunities are capitalised upon
Receive and review financing requests from the business units and verify that it adheres to budgets and to a list of approved parameters before forwarding the request to the financing department
Bank Coordination
Coordinate with banks to open accounts for the business units, including payroll accounts
Update status and relevant information of accounts continuously in coordination with the relevant business unit, ensure provision of all required document and seek required authorisations to ensure compliance of all activities with approved policies and procedures
Follow up on all dispute related issues with the banks in coordination with the investment department in order to preserve the group s best interest
Accounting Support
Verify insured assets against the book of accounts and follow-up on the resolution of any identified problematic area
Coordinate with internal audit to conduct any special investigation or review necessary to resolve problematic areas based on accounts reports
Coordinate with external audit to ensure the validation of financial statements and the receipt of a Zakat certificate
Change Management
Support the management of change through continuous recommendations for the improvement of accounting systems, processes and practices based on identified areas of improvement
Manage the consolidation of weekly reports highlighting what the bank positions of business units
Consolidate summaries of financial statements for all business units to inform management of the financial condition of the group when needed
Related Assignments
Perform other related duties or assignments as directed
Required Skills
Expert knowledge of government rules and regulations as relevant to accounting practices
Expert knowledge of policies, procedures and work methods
Management of budgets
Knowledge in business skills and understanding
Advanced report writing
Advanced data collection and analysis
Planning and organisation
Numerical skills
Computer skills
Communication skills

Accounts / Taxation / Audit / Company Secretary


Senior Accountant


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Rashed Abdul Rahman AlRashed & Sons Group

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