Summary
Abdul Latif Jameel is seeking a General Accounting Specialist in Riyadh. The role supports management accounts, fund-flow statements, budgets, monthly closing, bank and cash reconciliations, and corporate tax reporting. It also coordinates with internal and external auditors and supervises accounting and cashier staff. Applicants should have a bachelor’s degree in Accounting or equivalent, at least four years of related experience, and business English; Arabic is preferred.
The posting
As published on alj.com. Pulled from the employer's site and shown as they wrote it.
Abdul Latif Jameel comprises diversified businesses with deep roots in the Middle East, North Africa, and Turkey (MENAT region). Strong networks and long-established relationships make us a powerful partner, opening doors for those who want to do business in the region.
Our businesses represent some of the world’s leading brands, earning us their trust and building long-lasting and mutually beneficial relationships. Our commitment to anticipate and support our partners’ needs has driven our success.
From our modest beginnings 75 years ago as a small trading business and then a Toyota distributorship in Jeddah, Saudi Arabia, we have established an extensive operations infrastructure, built the largest vehicle distribution network in Saudi Arabia, and, along the way, we have accumulated comprehensive automotive expertise throughout the region.
Applying our vast experience in the automotive sector, we’ve used our expertise and operations infrastructure to diversify into new sectors that contribute to the ‘infrastructure of life’ in the MENAT region.
Degree of supervision
Close supervision on daily operations and monthly reporting
Level of Authority
Limited authority over daily operation with respect to Accounting standards
Purpose of the Job
• Ensure accuracy, adequacy of supporting documents in the processing of financial transactions and in coordination with different
• finance departments to reconcile financial data as per accepted accounting principles and standards.
Key Accountabilities: Description
• Annual Budget Control
• Reporting Schedule
• Quality and accuracy of reports
• Compliance with regulations and ALJ Policies
Key Accountabilities: Performance Indicators
•Monthly report
• 100%
• Zero Compliance Findings
Major Activities
1. Assist in the preparation of management accounts, fund flow statement and annual budget and manage suspense account to inform the Accounts Managers of any operational anomalies.
2. Assist in the roll-over of deposits, preparation of collateral reports and entry sheet of various banks to reconcile bank statements and provide financial reports to the department and corporate management.
3. Responsible in the coordination with External and Internal Auditors by providing all the needed financial records, data and information to perform audits and ensure accuracy.
4. Coordinate monthly financial closing of accounts and analyze income-related accounts for fairness to come up with financial reports to department and corporate managements.
5. Supervises Accountant and Cashier in performing monthly cash reconciliations and balance sheet accounts control to ensure reliability and accuracy.
6. Conduct Performance discussion with the subordinates, whenever applicable, through open discussion to establish Associate’s development and Performance Awareness.
7. Review the preparation of final accounts and journal vouchers and scrutiny of ledger accounts of correctness and accuracy to provide management with reliable reports as per the accepted accounting rules and regulations.
8. Compile and collect financial data for corporate tax reporting to comply with the government requirements in adherence with the generally accepted accounting and auditing principles and other international accounting regulations.
9. Mentor and develop associates and ensure they are provided opportunities for development and that career paths and succession plans are charted out through a Succession/ Progression Development Interventions.
Job Context
• The job has direct impact over monitoring and controlling cash flow management within operation
• The job has direct impact over budget control and monitoring
• The job has direct impact over meeting accounting standards and regulations
Framework, Boundaries & Decision Making Authority
• The job has direct impact over managing the business travel itinerary with respect to business budget constrains
• The job has direct impact over ensuring following travel regulations
• The job ensures following travel regulations and communicating any updates to the management and associates
Organizational / Functional Strategic Focus
• The job holder is responsible for developing subordinates through on job training and monitoring performance
• The job has direct impact over-achieving the business budget targets through controlling monthly and annual reporting
Minimum Qualifications
Bachelor’s Degree in Accounting or equivalent
Minimum Experience
Minimum 4 years’ experience in related field
Job-Specific Skills
Time Management, Problem Sensitivity, Inter-personal relationship, Communication skills
Languages
English for Business, Arabic preferable
Competencies
Adaptability (Individual Contributor)
Collaboration (Individual Contributor)
Development of Self & Others (Individual Contributor)
Guest First (Individual Contributor)
Innovation (Individual Contributor)
Problem Solving (Individual Contributor)
Why Work for Us?
With a truly international footprint and more than three quarters of a century of commercial success behind us, we are today, not only a leading employer across the Middle East, North Africa and Turkey (MENAT) region, but also offer exciting opportunities worldwide, from Chile to Japan, from the UK to Australia.
Our values guide the way we work with our business partners, within our communities, and with each other.
Through Respect, Innovation, a Pioneering Spirit, and Empowerment, we are proud of our culture which sees ideas blossom, people thrive and successes flourish.