Accounting Specialist
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Job Location:
Dammam - Saudi Arabia
Monthly Salary:
Not Disclosed
Posted on:
23 hours ago
Vacancies:
1 Vacancy
Job Summary
The Accounting Specialist plays a critical role in managing and reconciling all sales-related financial transactions and ensuring accurate cash handling procedures. This position is responsible for recording sales revenue managing cash receipts and disbursements performing daily reconciliations and contributing to the overall financial integrity of the company with a particular focus on revenue streams and liquid assets.
- Lead and manage the accounting operations related to sales and cash management.
- Accurately record daily sales transactions discounts and returns in the accounting system.
- Perform daily weekly and monthly reconciliations for sales cash and bank accounts.
- Oversee cash handling procedures and ensure compliance with company policies.
- Prepare financial reports on sales performance and cash balances for management.
- Collaborate with sales operations and suppliers to resolve discrepancies.
- Ensure compliance with IFRS standards and local tax regulations (VAT).
- Support month-end and year-end closing activities.
- Leadership Provide guidance and support to team members in accounting-related tasks.
- Foster a culture of accuracy integrity and accountability within the finance team.
- Identify opportunities for process improvement and implement efficient solutions.
- Collaborate cross-functionally to enhance communication and workflow between departments.
Requirements
- Bachelor s degree in Accounting Finance or a related field.
- Experience: 2 4 years of experience in accounting with a strong focus on sales accounting and cash management (experience in hospitality or F&B is preferred).
- Proficiency in accounting software (e.g. SAP Oracle QuickBooks Xero).
- Strong knowledge of POS systems and experience in data extraction and reconciliation.
- Advanced Microsoft Excel skills (Pivot Tables VLOOKUP etc.).
- Familiarity with IFRS standards and local tax regulations (VAT).
Key Skills
- Account Payable
- Invoicing
- Journal Entry
- Data Entry
- Accounting & Finance
- Tax Returns
- QuickBooks
- General Ledger Accounting
- Microsoft Excel
- Reporting
- Payroll
- Financial statement
- Account Receivable
- ACCA
- CPA
About Company
0-50 employees
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