Accounting Analyst (Tax & ZAKAT)

Job Detail
Function:
Finance & Accounting
No of openings:
1
Job Type:
Full Time/Permanent (First Shift (Day))
Department:
Finance & Accounting Department
Job Location:
Rabigh
Age:
28 - 40
Degree Title:
BA in Finance, Accounting or Business Administration major in Accounting
Career Level:
Experienced Professional
Functional Area:
Mining / Petroleum
Education:
Bachelors
Required Experience:
4 Years
Work Permit:
Saudi Arabia
Apply By :
Dec 11, 2024
Posted On:
Sep 11, 2024
Job Description

General Ledger:

1. Ensure accuracy and completeness of accounting entries for business month end closing.

2. Preparation of analytical schedules of General Ledger accounts needed for the preparation of financial statements for audit and submission to Capital Market Authority purposes.

3. Reconciliation and preparation of monthly bank accounts, Withholding Tax return for remittance to DZIT.

4. Handling of outstanding bank accounts reconciling items.

5. Reconciliation of inventories.

6. Preparation of the annual ZAKAT/Income Tax returns for submission to DZIT.

7. Relief assignment for accounting analyst staff on vacation

Payables Accounting:

1. Review and post in SAP Systems accounting entries for vendors' processed invoices, debit and credit notes.

2. Review and analyze vendor accounts and payable clearing accounts.

3. Preparation of aging of vendors accounts

4. Preparation of reclassification and adjusting entries for errors.

5. Preparation of analytical schedules of vendor accounts needed for the preparation of financial statements for audit purposes.

6. Relief assignment for accounting analyst staff on vacation

Billing and Receivables Accounting:

1. Monitoring of monthly selling price update and listed quantities delivered to customers.

2. Review and analyze customer account balances.

3. Reconciliation and review of non-trade receivable accounts.

4. Preparation of aging of customers accounts.

5. Preparation of sales reports.

6. Relief assignment for accounting analyst staff on vacation

Fixed Assets & Projects Accounting:

1. Monitoring of capital project costs

2. Preparation of reclassification and adjusting entries for erroneous charges to projects.

3. Preparation of detailed capital asset list for capitalization in each capital project.

4. Preparation of allocation of project cost to various capital assets for capitalization in each capital project.

5. Preparation of asset records for capital assets for capitalization in each capital project for uploading in SAP System.

6. Preparation of capital project reports requested by proponents and Management.