Deputy Chief Accountant

• The candidate will be responsible for preparing monthly financial statements with more than one version.
• The candidate should have a proper knowledge in IFRS in general but specifically with IFRS 9, IAS 16, and IAS 12 to update the annual financial statements according to those standards.
• The candidate will be responsible to maintain all prepayments and prepare monthly amortization journal entries.
• The candidate will be responsible to review and maintain cash reconciliation with accounts receivable and payable teams.
• The candidate will be responsible to validate invoices and ensure proper recording to the GL.
• The candidate will be responsible to prepare monthly VAT return, withholding tax return.
• The candidate should have a proper understanding of corporate tax and zakat law and coordinate with Zakat and tax consultant.
• The candidate should calculate monthly commission as per the company commission policy.
• The candidate will be responsible for calculating loan amortization schedule for any new loan and prepare recurring monthly interest expenses.
• The candidate will be responsible for capitalizing fixed assets according to IAS 16.
• The candidate will be responsible for updating all prepaid and accruals
• The candidate will be responsible for accounts payable aging reconciliation and accounts receivable aging reconciliation.
• The candidate will be responsible for the accuracy of expenses separations into proper cost centers.
• The candidate might assign the responsibility to create/update the financial authority matrix.
• The candidate might assign the responsibility to create/update the accounting manual.
• The candidate might assign the responsibility to enhance the controls.

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https://www.naukrigulf.com/deputy-chief-accountant-jobs-in-riyadh-saudi-arabia-in-confidential-3-to-6-years-jid-130619000096