Job description: Job Purpose
Perform preparing, recording, reconciling and analyzing general payments efficiently, in timely manner and quality standards as per the defined policies and procedures to achieve departmental operational plans and developments.
Key Accountability Areas
Financial Data Entry:
- Accurately enter financial transactions into the accounting system, including invoices, accounts payable/receivable, and expense reports.
Bank Reconciliation:
- Assist in reconciling bank statements with the general ledger to ensure accurate recording of transactions and identify any discrepancies.
Accounts Payable/Receivable:
- Assist with processing vendor invoices, employee expense reports, and customer payments. Help in maintaining accurate records of outstanding balances and follow up on collections if required.
Journal Entries:
- Assist in preparing and posting journal entries to record financial transactions, ensuring accuracy and adherence to accounting principles.
Financial Reporting:
- Support the preparation of financial statements, including balance sheets, income statements, and cash flow statements. Help in gathering and organizing relevant financial data.
Assisting in Audits:
- Provide necessary documentation and assist in the preparation of audit schedules during internal and external audits.
Budgeting Support:
- Assist in creating and maintaining budgets by collecting and analyzing data, and preparing budget reports for review.
General Administrative Tasks:
- Provide general administrative support to the accounting department, such as filing documents, organizing records, and responding to inquiries.
Role Accountability
HR Proficiency:
- Ability to recruit, recognize and cultivate high performers and expose them in order to create a robust second line of management.
- Ability to recognize low performers and guide them to improve or release them.
- Ability to treat subordinates equally without any discrimination.
- Assessment criteria of subordinates is performance that leads to planned results.
- Ensure availability of delegation of authority matrix to have sufficient delegations as per company policy.
Responsibility:
- Must take full responsibility for his operation as per the job description and the required deliverables from this position, taking into consideration the general company guidelines.
- Able to anticipate problems and make the necessary proactive steps to prevent them
- Ability to take necessary and proper timely decisions.
Delivery:
- Deliver the required results in timely manner with required quality and cost.
- Making a Tangible Difference:
- Must make a tangible difference to his area of operation. and exceed business expectations.
Business Planning and Performance:
- Able to transform the corporate goals into business plans.
- Able to Plan, follow-up and execute those plans, whether they are annual or development plans.
- Monitor the plan performance and initiate action to strengthen results and take the corrective action accordingly.
- Provide periodic work progress reports.
- Responsible for monitoring and controlling budgets and expenses to achieve the optimum cost efficiency.
Organizational Development:
- Develop the organizational structure according to the current requirements taking into consideration future and development plans.
- Ensure availability of job descriptions for all job roles and deployment.
Business Process Improvements:
- Develop, coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.
- Should be conversant and able to navigate through IT solutions especially those relevant to his job and business.
- Promote the automated systems and using them fully, to spread its culture.
Quality:
- Quality is considered as alfanar’s prime competitive advantage as such, managers are expected to act accordingly.
Adaptation:
- Adapt to new and alternative techniques, technologies, management structures, and business models.
Health, Safety and Environment:
- Ensure a safe, secure, and legal work environment as per the standard regulations.
Academic Qualification Bachelor Degree in Accounting and Finance or Any relevant field Work Experience 2 to 4 Years Technical / Functional Competencies Accounting Best Practices Accounting Methods Accounting Principles Accounting Rules/Guidelines Accounting Systems Accounting Theory/Concepts Financial Reporting Profile description:
Alfanar is a Saudi company with an international presence, primarily engaged in the manufacturing and trading of a wide variety of low, medium, and high voltage electrical products, in addition to its portfolio of conventional and renewable energy solutions, oil and gas, water treatment, infrastructure, technical services, and digital solutions.
The hub of alfanar’s manufacturing operations is Medinet alfanar Alsinaiya, a 700,000 square-meter complex located in Riyadh. The complex houses an array of ultra-modern manufacturing facilities and laboratories equipped with state-of-the-art technologies and staffed with highly skilled professionals.
alfanar derives its success from its commitment to providing the highest quality standards to its customers, and the continuous development of its human capital, who alfanar considers its most valuable asset. With this in mind, alfanar promotes a proactive work environment where its employees are always valued, nurtured, and empowered to fuel their pride in being part of alfanar.
For more information about alfanar, please visit alfanar.com