Confidential Government Hiring for Finance Senior Specialist t Riyadh, Saudi Arabia Full Time

• Conduct financial activities in line with the set policies and procedures and applicable standards and regulatory requirements. This includes but not limited to:
• Petty cash management (reconciliation and replenishment), insurance, tax, accounts receivables and expense reimbursement.
• Recording of transactions and preparation of the general ledger.
• Payroll processing, through effective cooperation with the HR Department.
• Fixed assets and operational accounting.
• Accounts payable (invoicing and payment cycle) and accounts receivable, including following up with debtors if applicable.
• Receipt and registration of organization invoices.
• Systematic documentation of organization transactions, in line with best practice financial standards.
• Draft necessary templates and guidelines to ease budget development and assist in preparing budgets and variances in line with set plans and targets.
• Analyze and communicate any variance in budgets to the relevant stakeholders and work with the relevant stakeholders to monitor and provide feedback on financial information as and when required.
• Assist in resolving any identified gaps in budgetary/ financial controls, escalating any risks and issues to the Manager, Finance and the Director, Finance if need be.
• Review monthly closing files for payables, receivables, fixed assets, general ledger and payroll, etc. to ensure accuracy.
• Ensure timely and accurate accounting entries for payroll, salaries, benefits, and pensions payments.
• Prepare and follow-up on all suppliers’ payments as per pre-defined SLAs and timeframes in order to monitor performance and determine appropriate payment schedules and amounts.
• Release allocated cash for petty cash activities when needed and conduct reconciliation for records alignment and compliance purposes.
• Conduct financial review on assets to ensure alignment with approved policies and procedures.
• Review cash transactions against bank account balances to investigate and report on any irregularities.
• Define organization assets categories and develop funding models for each asset to support deal structuring with concerned stakeholders and ensure business growth and continuity.

Academic & Professional Qualifications:

• Bachelor’s degree in Finance, Accounting or Actuarial Science.
• Finance or Accounting related certificate is preferred (e.g. CMA).

Experience:

• A minimum of 5 years of experience in finance and accounting preferably in a:
• Diverse/multi-cultural business industry.
• Multi-national companies.
• Experience in a strategic development, global business development or similar type role.

Knowledge:

• Advance understanding of accounting principles and standards.
• Advance understanding of financial management, budgeting and accounting frameworks.
• Advance understanding of the public and private sector accounting requirements and regulations in KSA.
• Fluency in English and Arabic language Proficiency.