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We are hiring Accounting Manager – Al Khobar, KSA. Alfa Laval is looking for Accounting Manager – Al Khobar, KSA Managing and developing financial accounting function and assume a leadership role within the organization to make sure all financial accounting, cost accounting and reporting activities are performed according to the company's reporting protocols and procedures.
Job Responsibility
Driving adoption of strategic direction and ensuring implementation of the same within the Finance Department
Statutory and group accounting, book closing, reporting on monthly basis for all KSA entities ensuring data quality, compliance and timeliness
Preparation of financial reports, such as income statements, balance sheets, analyze deviations
Oversee the investment of funds, manage associated risks, supervise cash management activities
Disbursement and Accounting for Payroll, Bonus, Leave & EOSB and coordination with local and regional HR to comply with the local labour laws
Establish & monitor the implementation and maintenance of accounting control procedures ensuring compliance with statutory & group rules
Forecasting of Costs and Financial affairs of the companies
Cash flow management and management of associated risks
Upholding procedures for custody and control of assets, records, loan collateral, and securities, to ensure safekeeping
Coordinate risk and insurance programs of establishments to control risks and losses
Keep the ALMEA management up to date with new applicable legal requirements, rules and regulations in time and propose adequate action
Liaise and coordinate all relevant issues with the local banks
Prepare and execute financial and tax audits in close cooperation with the ALMEA finance management and the appointed audit firm
Ensure compliance with VAT, Income Tax, Payroll taxes and WHT regulations and monthly, quarterly and annual tax returns filing
Ensure compliance with Transfer Pricing (DFCT, CbCr etc.) regulations
Performance management, coaching and on job training of staff under area of responsibility
Ad hoc tasks, initiatives and projects
Requirements
Bachelor's degree in accounting or finance, with professional certification (ACCA, AICPA, CA, or CIMA) and a minimum of 3 years' post-qualification experience
Proven experience working with external audits and strong practical knowledge of IFRS and applicable tax regulations
Solid experience within internal control frameworks, including business process design, implementation, and continuous improvement
Relevant industry experience in a similar role and level of responsibility
What we offer
An exciting place to build your career with the global leader, having opportunity to expand your global network inside- outside Alfa Laval with different nationalities
An interesting and challenging position in an international, open, and friendly environment where we help each other to develop and create value for our customers