About the Role

ALKAFFARY GROUP is seeking a General Accountant to join their team in Saudi Arabia. This full-time role involves performing and maintaining day-to-day accounting activities, preparing and reviewing journal entries, and managing Accounts Receivable (AR) and Accounts Payable (AP). The position requires strong hands-on experience with SAP and comprehensive knowledge of general accounting functions.

Role Overview

The General Accountant is responsible for supporting monthly and year-end closing activities, conducting inventory counts and reconciliations, and assisting in the preparation of financial statements and reports. This role is central to ensuring the accuracy and integrity of financial information within the company.

Key Responsibilities

• Perform and review daily accounting transactions, ensuring accuracy and completeness of supporting documents.
• Prepare and post journal entries, including accruals, prepayments, reclassifications, depreciation, and other accounting adjustments.
• Manage Accounts Receivable (AR), including invoicing, collections, customer account reconciliations, and follow-up on outstanding balances.
• Manage Accounts Payable (AP), including processing supplier invoices, payments, and vendor account reconciliations.
• Conduct regular bank reconciliations and investigate and resolve any discrepancies.
• Participate in periodic and annual inventory counts, reconcile physical inventory results with accounting records, and prepare necessary adjustments.
• Calculate and record depreciation for fixed assets, ensuring the accuracy of fixed asset balances.
• Support and perform monthly and year-end closing activities.
• Prepare and review financial statements and reports, ensuring the accuracy of account balances.
• Prepare periodic financial reports and analysis for management as required.
• Monitor revenues and expenses, ensuring transactions are recorded in the correct accounting period.
• Review and maintain the General Ledger (GL), ensuring proper account classification and accurate balances.
• Prepare account reconciliations and investigate and resolve outstanding or unusual balances.
• Utilize SAP to process, record, and monitor accounting transactions and generate relevant financial reports.
• Handle accounting transactions related to AR, AP, and GL within the SAP system.
• Assist with internal and external audits by providing required financial records, schedules, and supporting documentation.
• Ensure compliance with company accounting policies, procedures, and applicable accounting standards and regulations.
• Maintain the confidentiality, accuracy, and integrity of financial information.

Qualifications and Experience

• Proven experience in General Accounting, with 5-10 years of experience required.
• Hands-on experience across the full accounting cycle, including journal entries, reconciliations, month-end closing, year-end closing, inventory, depreciation, and financial reporting.
• Strong practical experience in Accounts Receivable (AR) and Accounts Payable (AP).
• Hands-on experience using SAP for accounting and financial transactions.
• Good knowledge of accounting principles and financial reporting standards.

Required Skills

• Strong attention to detail with the ability to identify and resolve accounting discrepancies.
• Good analytical and problem-solving skills.
• Ability to work effectively within a team and meet monthly and year-end closing deadlines.

Application Process

Candidates who meet the above qualifications are encouraged to apply for this full-time position.