Interested candidates are invited to submit their resume and a cover letter detailing their experience and qualifications to [Click to show email] by 17th Sep 2024.

Please include "Accountant Application - [Your Name]" in the subject line.

Job Description:

TBI Saudi Branch is seeking for a highly motivated and skilled Accountant. The successful candidate will be responsible for managing financial transactions, preparing financial reports, and ensuring compliance with accounting standards of SAMA and TBI. The Accountant to report directly to the Cheif Finance Officer and to the Branch Manager (CEO of the Branch).

Key Responsibilities:

• To ensure high-quality regulatory reporting in compliance with SAMA regulations and requirements and implementation of TBI standards and policies where required.

• Networking and liaison with the key finance customers - TBI Finance, Local Regulators, Central Bank Inspectors, Statutory Auditors and Tax Auditors.

• To contribute to cost efficiencies through effective financial business support to the function.

• Monitor implementation of strategy, objectives & budget.

• Record day-to-day financial transactions, complete the posting process, and perform regular bank and account reconciliations to ensure accuracy.

• To ensure that financial statements and returns are prepared in adherence with regulatory requirements and the IFRS standards.

• ALCO member, provide different and new developments to assist business in planning and mitigating the identified risk.

• Supervise and coordinate month-end activities by reviewing and approving different entries and further checking the following schedules and P&L, BS and forecast packs..

• To play a leading part in managing the bank's operational financial structure in Saudi including funding, liquidity, FCY Position, Equity, Lending, limits and risk.

• To handle the evaluations of local projects and revenue natures in accordance with TBI guidelines.

• To monitor the capital expenditure and to ensure adherence to budget limits.

• To supervise and monitor recording of bank's fixed assets and depreciation.

• To follow up on the SLA's and the proper implementation with the relevant stakeholders.

• To be reponsible on supervising the finance dept. employees in Saudi branch and provide the propose support, tranining and gudiance.

Qualifications:

• Solid understanding of accounting principles and financial reporting.

• Adequate knowledge of SAMA regulations and financial ratios.

• Bachelor's degree in Accounting, Finance, or a related field, Master's in Finance is a plus.

• CPA, CFA, CMA or relevant certification is a plus.

• 5 years of proven banking experience as a Financial Controller or Finance Manager role.

• Proficient in accounting software and Microsoft Excel is a must.

• Excellent organizational and analytical skills.

• Delivering high-quality and accuracy submission of the required returns to regulatory.

• Formulation of Financial Strategic Plan / Budgets, CAPEX and ALM management.

• Identifying major trends at early stages to enable the business to take remedial action accordingly i.e signal business risk, and contribute to cost-saving.