ACCOUNTING MANAGER- Ferrero, Jeddah KSA
About the Role:
Oversee the overall functions of the accounting team for Saudi Arabia to ensure correctness of financial statement, compliance with deadlines set by the various authorities/Ferrero Group as well as implementation and review of relevant controls. Responsible for credit management, account receivables, payables and treasury activities, as well VAT and Taxes related reporting and filing. SAP Experience is a must.
Main Responsibilities:
In charge of accounting functions of the company (AR, AP, GL)
Review the monthly management accounts for reporting purposes
Review preparation for balance sheet and cashflow
Dealing with external auditors and tax advisors on statutory audit and tax issues
Oversee monthly and year end closes including reconciling accounts, reporting and generating closing entries and reports
Monitor the inter-company reconciliations proces
Manage the credit risks of the company, through defining procedures and ensure their implementation
Understand and comprehend Zakat, Tax, WHT, TP and VAT regulation and guidelines
To prepare a summary of any updates on regulation and guidelines
Understanding regulations and rules related to objections against GAZT assessments including, deadlines, formalities, communications, submissions, and and the GSTC working mechanizm.
To prepare and review all GAZT filings in lights of the guidelines and regulations on a timely manner.
Ensure treasury activities are in compliance with treasury policies, accounting guidelines, governance policies and internal controls
Ensure sufficient finance to meet the company’s business needs
Review payment processing and fraud prevention functions.
Monitor day-to-day management of the cash position of the company
Review the preparation of reports/forecast of cashflow for operational and reporting use
Manage bank relationships
Who we are looking for:
Bachelor's degree in accounting or finance
Over 10 years of experience in Accounting
Commercial experience
Experience in SAP ECC is a must, HFM a plus
Experience in process improvement
Arabic and English are required for this role
Capability to lead teams
Apply Here:
https://www.ferrerocareers.com/int/en/jobs/accounting-manager
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