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Home Saudi Arabia Financial Accountant

Financial Accountant

Full time at DP World in Saudi Arabia
Posted on January 25, 2025

Job details

Part of the responsibility will be on:

  1. Assist in preparation of accurate vessel and company budgets, forecasts and report results to internal and external stakeholders in a timely and consistent manner.
  2. Ensure timely closure of monthly accounts (Intercompany entries, journal entries, P&L cost analysis, balance sheet schedules, variance analysis etc.).
  3. Assist with the maintenance of relevant financial systems and their integrity.
  4. Assist with ensuring compliance to local taxes (WHT, CIT, VAT) and prepare monthly Saudi tax compliance report.
  5. Assist with the management of internal and external audits, audit requests, and provide necessary supporting documentation.
  6. Maintain close financial controls over operational budgets and the processes by which they are drawn up.
  7. Coordinate with central shared services in getting the required financial and procurement services on time.
  8. Maintain petty cash for local expenses in KSA and adherence to MOA.
  9. Ensure timely and accurate payments to local vendors and arrange cash to masters, bank guarantees, and bank confirmations.
  10. Quarterly IKTVA compliances report to be submitted to Aramco, yearly IKTVA audit and audit report to be uploaded.
  11. Provide all necessary details regarding tax/VAT/WHT assessment of any previous years.
  12. Quarterly CIF data to be submitted to local tax authority in the required format.
  13. Raise timely and accurate customer invoices (all types of income including fuel, back charges, and intercompany) for assigned fleet.
  14. Communicate with clients about billing discrepancies and questions.
  15. Engage management over any AR-related issues.
  16. Initiate collections on past-due accounts through ageing analysis.
  17. Prepare debtors report with reasons for delay in collections.
  18. Prepare utilization reports as required.
  19. Maintain accounting ledgers.
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