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  • Job reference: RMS0206120

Regional Accountant

  • Sector: Commercial
  • Location: Saudi Arabia
  • Job type: Permanent
  • Date posted: 07/02/2019
  • Duration: one (1) year
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The Role:

The Regional Accountant for Saudi Arabia is responsible for the full set of accounting systems and liaising closely with the International Finance team. He/she will report operationally to the Saudi Arabia General Manger and functionally to the Financial Analyst.

* To provide a pro-active and efficient accounts service to the Saudi Business.
* Ensuring effective communication to both local Management and Group is maintained, advising both of any relevant financial matters.
* Preparing monthly management accounts, variance analysis and regional commentary
* Preparation and posting of accruals & prepayments as part of the month end process.
* Daily and weekly WIP review to ensure that all rechargeable work is invoiced on a timely basis.
* Acting as Focal Point on any Customer or Supplier queries for the Finance function.
* Preparation of weekly cash flow forecasts.
* Ensure all bank transactions are recorded in the ledgers and reconciled.
* Preparation and processing of sales invoices on a timely basis.
* Monitoring and action of Debtor Ageing to ensure prompt settlement of issued invoices.
* Responsible for the accurate calculation and payment of salaries and local compliance of WPS and related payroll taxes.
* Ensure that Petty Cash is maintained and reconciled accurately.
* Monitoring and Reporting of Capital Expenditure and Maintenance of Fixed Asset Register.
* Monthly Reconciliation of Balance Sheet Accounts.
* Responsible for reporting and the accuracy of the company's obligations in respect of Tax.
* Liaising with Company's tax Agents and Group to provide information necessary for Company Tax calculation and to ensure that Group is fully aware of tax issues.
* Liaising with Company's Auditors and Group as required to assist with the timely completion of the Statutory Audit and to ensure that Group can continually monitor the audit.
* Notify the Group Accountant of any changes in insurance requirements.
* Liaise between Engineers and Group regarding bank guarantees, bid/tender bonds.
* Any other ad-hoc duties.

It is mandatory that the incumbent is familiar with the Company's HSEQ Policy and takes an active role in the compliance and improvement of the company's Integrated Management System. The incumbent must report any incidents, near misses, actual or potential problems with products, services or systems to their Line Manager.

The incumbent also has legal responsibilities under country-specific health and safety legislation to follow all Company processes and procedures and familiarise themselves with the emergency response arrangements applicable to them. The incumbent is also responsible for the health and safety arrangements of subordinates (if any) and for any persons visiting them while on the Company premises.

The above responsibilities are neither exclusive nor exhaustive and the incumbent may be called upon to carry out such other appropriate alternative or additional duties as may be required which are within their capability and competence.

The Company:
A leading global provider of oilfield engineering services; specialising in offshore lifting, crane engineering and services, mechanical handling, pipe and cable lay-systems, fluid power engineering, equipment rentals and competence training.

Essential Skills / Qualifications:
* Recognised accounting qualification (preferred but not essential)
* Proven track record in similar role
* In depth knowledge of Saudi finance regulations
* Self-starter
* Team player
* Problem solving skills/analytical ability
* Strong communication skills
* Fluent in English & Arabic, both written and spoken

About Fircroft:
Fircroft has been placing people in specialist technical industries for approaching half a century, focusing on mid to senior level engineers for contract and permanent roles worldwide. By applying for this job you give consent for Fircroft to contact you, via email & telephone, to discuss your application along with future positions and Fircroft's services.

Fircroft is registered as a Data Controller with the Information Commissioner as required under the General Data Protection Regulation 2016/679. Fircroft will only process your personal data for the specific purposes of managing your application.

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