Purpose
Accountant is responsible to manage AP AR functions record the financial transactions accurately in Oracle NetSuite and assist in month and year end closing.
Accountabilities/ Job Description:
- Strong knowledge of generally accepted accounting standards and principles when recording and processing accounting transactions.
- Verification of signed lease agreements Clients KYC documents creating sales orders in Oracle NetSuite raising of sales invoices as per the signed contracts sending invoices to clients and follow-ups for payment.
- Documentation of Signed contracts KYC documents and AP Invoices.
Petty Cash Handling and Management - AP Billing and payments (Booking of Opex and Capex bills and process for the payments)
- Journal entries pertaining to vendor bills booking prepaid expenses billing to clients and revenue recognition
- Clear understanding of OPEX and CAPEX related expenses and their allocation in P&L/Balance Sheet
- Bank Reconciliation statement preparation and other basic BS schedules
- Verify allocate post and reconcile transactions
- Produce error-free accounting reports and present their results.
- Assisting in Audit
- Awareness of business trends.
- Fundamental Knowledge of KSA regulations on Licensing Employment Laws AML UBO and ESR.
Key Skills
- Thorough knowledge of basic accounting procedures and principles
- Excellent accounting software user and administration skills
- Good computer skills including Microsoft Office Suite with emphasis on Excel.
- Aptitude for numbers and quantitative skills.
- Experience with general ledger functions and the month-end/year end closing process.
Requirements:
- Good Communication skills (Verbal and written)
- Ability to handle multiples tasks
- Accuracy in recording financial transactions and preparing financial reports
- Ability to maintain good relationship with clients and vendors