Home Saudi Arabia Senior Cost Accountant
Home Saudi Arabia Senior Cost Accountant
Senior Cost Accountant
Job details
Job Purpose Lead financial operations, ensuring accuracy, compliance, and effective financial reporting.
Key Accountability Areas
Accounting Activities:- Lead day-to-day accounting activities, ensuring accuracy and adherence to accounting principles.
- Manage and monitor budgets, providing insights for effective financial decision-making.
- Generate and review financial statements, ensuring timely and accurate reporting.
- Ensure financial reports comply with accounting standards and regulatory requirements.
- Prepare and coordinate internal and external audits.
- Ensure all audit requirements are met, addressing any findings promptly.
- Identify and implement process improvements for increased efficiency.
- Explore opportunities for automation in financial processes.
- Support in analyzing financial performance, identifying trends, and providing insights.
- Conduct variance analysis to understand and address financial discrepancies.
- Ensure compliance with tax regulations and coordinate tax-related activities.
- Stay informed about changes in financial regulations and ensure compliance.
- Work closely with other departments to gather financial data and insights.
- Provide financial advice to support decision-making across various departments.
- Manage and optimize financial systems, ensuring accuracy and data integrity.
- Explore and implement new technologies for improved financial processes.
- Stay updated on changes in accounting standards and industry best practices.
- Provide financial updates and reports to senior management.
- Communicate financial insights to stakeholders, addressing queries and concerns.
- Identify financial risks and develop strategies for risk mitigation.
- Implement financial controls to minimize risks.
- Oversee month-end closing processes to ensure accuracy and completeness.
- Coordinate the preparation of year-end financial statements.
Role Accountability
HR Proficiency:- Train subordinates and form a team to work effectively.
- Provide leadership, coaching, and direction to subordinates in all aspects of their work.
- Delegate tasks to subordinates in each respective assignment.
- Ensure fair distribution of tasks to maintain morale and motivation of subordinates.
- Perform planned activities to meet operational and development targets as per delivery schedules.
- Utilize resources effectively to achieve objectives within efficient cost and time.
- Provide periodic reports detailing deviations and execution of planned tasks.
- Resolve related problems and escalate any complex operational issues.
- Ensure quality requirements to develop effective quality control processes including specifications for products or related activities.
- Coordinate well-defined written systems, policies, procedures, and seek automation opportunities as much as possible.
- Comply with related policies, procedures, and work instructions.
- Ensure compliance with relevant safety, quality, and environmental management procedures and controls within the defined area of work activity.
Academic Qualification
Bachelor Degree in Accounting and FinanceWork Experience
5 to 10 YearsTechnical / Functional Competencies
Accounting Best Practices Accounting Systems Financial Accounting (FI)#J-18808-LjbffrApply safely
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Hiring company
Alfanar Group
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Ultimate Financial Controller John AcademyAED 90Duration: Upto 7 Hours
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AED 49
AED 955Duration: Upto 10 Hours
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