Middle East Jobs, Careers, Vacancies: Chief Accountant, Olayan Saudi Holding Company, Riyadh, UAE

Date: 27-Mar-2022

Location:

Riyadh, SA

Company: Olayan Real Estate Management

Department: Financial Management

Sub Department: Finance and Accounting - Accounting & Controlling

Number of Openings: 1

Role Purpose

To supervise inventory accounting functions, fixed assets and revenue/cost/margins analysis

Ensure that all costs have been considered in the costing:

To review and ensure accuracy of equipment costing using correct exchange rate and parts costing using correct Beyond Factory Costs (BFC) factors.

Timely processing of documents:

To ensure proper recording of inter branch transfer of equipment and invoice processing.

Reporting:

Review GIT report and ensure all orders are closed, review Beyond Factory Costs (BFC) factor and obtain management approval if change is required
Minimize orders that have not been closed for more than 2 months.
Timely and accurate analysis of Beyond Factory Costs (BFC).
To carry out periodic Automaster to MFG/Pro accounting interface and ensure inventory reports are matching with the GL accounts.
To prepare monthly reports of revenues/margins, franchise profitability and inventory. To prepare weekly revenues / margins forecast.
To process PAA/DAA, prepare capex utilization report, maintain fixed assets register, run monthly depreciation, prepare monthly report of fixed assets.
To analyze monthly provision for equipment and parts, distribute equipment provision report.

Graduate, Semi qualified professional accountant, Masters degree in Commerce.

5-7 years of experience

Good analytical, communication & presentation ability,
Adequate knowledge of Microsoft Excel and word, ability to train & supervise staff.