Financial Reporting & Analysis:
• Preparation and analysis of monthly, quarterly, and annual financial statements, including cost center wise profit comparison and performance evaluation.
• Finalize the trial balance, ensuring accuracy, completeness, and proper classification of all revenue and expense entries.
• Responsible for maintaining and reviewing all provisions, accruals, and prepayments in accordance with accounting standards.
• Manage and oversee the general ledger process, ensuring accurate recording, proper classification, and integrity of all financial transactions to support reliable financial reporting.
• Responsible for maintaining the fixed asset register and preparing depreciation schedules in accordance with accounting standards.
• Review and approve vouchers and journal entries to ensure accuracy, completeness, and compliance with accounting standards.
Cash Flow, Liquidity & Banking
• Prepare, update, and monitor the monthly payment plan to ensure the company's financial stability and liquidity.
• Coordinate with banks to issue required letters and obtain approvals for financial facilities.
• Monitor loan management activities, oversee invoice discounting processes, and prepare project status reports.
• Ensure timely bank reconciliations, maintaining accurate and up to date financial records.
Audit Coordination & Compliance
• Coordinate with external auditors, prepare audit requirements, and monitor relevant Zakat and ZATCA compliance requirements.
• Responsible for the efficient completion of the Local Content & Government Procurement Authority audit program in accordance with regulatory guidelines.
• Handle all correspondence with GAZT by preparing and submitting required responses whenever an assessment is raised or remains open.
• Oversee the timely recording, reconciliation, and reporting of VAT, ensuring full compliance with GAZT laws and regulatory guidelines.
Accounts Payable & Receivable
• Oversee the review of accounts payable and supplier invoices, ensuring proper cost center allocation, timely posting, and accurate payment processing in line with financial controls.
• Review accounts receivable and invoices against time sheets, ensure accurate posting to the correct profit centers, and monitor outstanding receivables.
• Ensure timely reconciliation of payables and receivables, maintaining accurate financial records
Budgeting & Financial Planning
• Provide support in the preparation of budgets and in managing expenses for designated accounts.
• Prepare periodic financial and project status reports for management review.
Operational & Administrative Responsibilities
• Manage lease agreements to ensure they remain current and that all amendments are accurately processed.
• Manage and monitor the uploading of invoices in clients’ portals, ensuring correct documentation, timely submission, and compliance with each platform’s guidelines.