Job Description

Senior Accountant ( Arab Nationals Only)

Competency

• Obtaining specialized financial certificates such as CMA-CFA
• Exceptional skills in conducting financial studies and analysis.
• Skill of analysis, evaluation and inference.
• Skill in using financial and computer systems and references.
• Skill in conducting financial settlements.
• Skill in preparing financial reports and financial studies.
• Ability to formulate policies and develop work procedures.
• Ability to communicate and negotiate with others.
• Ability to manage cash flows and provide feedback to decision makers.
• The ability to analyze the surrounding market variables from a financial and economic perspective and those affecting the preparation and implementation of budgets.

Educational Qualification and Years of Experience

• Master's degree in administrative sciences (Accounting, Business Administration, Public Administration, Commerce and Economics), Financial and Banking Sciences, Banks and other work-related specializations with (9) years of practical experience.
• Bachelor's degree in administrative sciences (Accounting, Business Administration, General Administration, Commerce and Economics), Financial and Banking Sciences, Banks and other work-related specializations with (12) years of practical experience.

Qualification Criteria
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Main Duties and Responsibilities

• Provide expertise and technical/professional advice in all aspects and fields of finance, accounting, contracts and procurement in accordance with the best possible levels and approved international practices.
• Participate in a major role in determining the strategic objectives, operational and executive work plans and programs of the department related to all financial, accounting, contract and procurement aspects.
• Prepare/develop the policies, systems, methodologies, regulations and self-procedures necessary for the department's work needs in accordance with the internationally recognized financial and accounting systems and standards with the aim of improving the quality of services provided with the highest possible quality.
• Review/audit all technical, financial and accounting operations of the department such as employee salaries and entitlements, contracts, purchases and supplier contracts, stores and revenues, current expenses and budgets, insurance, payments, checks and financial transfers and other accounting and financial work.
• Prepare specialized studies to ensure the effectiveness and impact of implementing and developing integrated strategies for planning and developing financial resources, purchases and revenues in the department with the aim of planning and optimal utilization of the financial resources and budgets available to the department.
• Prepare/review the final account and follow up on its approval for the ended fiscal year, closing the various accounting periods, and conducting periodic and annual inventory procedures for the department's assets in accordance with the approved laws and regulations.
• Review/audit the department's annual financial budgets and working to discover negative deviations in the approved budgets and providing solutions and proposals to address them in a timely manner and working to avoid recurrence of budget item deviations in the upcoming years.
• Financial analysis of monthly, annual and periodic financial statements, reports and data for the department's activities and businesses, recording any violations or breaches of the department's financial regulations and submitting the results to the direct supervisor.
• Review/audit the general and special conditions of tenders, auctions, offers, all standard and non-standard contracts, drafts of legislation and studies on topics related to contractual procedures in accordance with the department's directions in contracting with various parties and submitting recommendations to select the best offers in coordination with the relevant organizational unit.
• Study and evaluate the financial risks of all financial reports and statements and work on developing effective financial systems to adopt development ideas and suggestions for all businesses in line with the best specialized global financial practices and standards.
• Participate in a major role in the financial planning processes for the department's activities and business and draw up the current and future financial policy in line with the department's strategic plan, and submit proposals aimed at improving procedures related to all financial, accounting, contracting and procurement aspects.
• Ensure that the organizational units in the department carry out their financial work in accordance with the special accounting system and reviewing special expenses to verify their compliance with the approved financial laws, regulations and bylaws through periodic reports and meetings with the aim of controlling and correcting any violations that may be discovered.
• Analyze and study the costs of services provided by different organizational units with the aim of comparing the actual return with the cost and expenses and the extent to which they achieve the general and operational objectives of the department.
• Continuous evaluation of the efficiency and effectiveness of operating and using the systems in the department, identifying obstacles, and providing solutions and recommendations to develop all systems related to human resources procedures and operations to the best possible levels in accordance with the approved concepts of quality and excellence.
• Periodic review of the processes of mapping/developing the main and supporting processes of the department in accordance with the latest international concepts, standards and practices in the field of managing, planning and developing financial resources and linking them to performance indicators.
• Measure and evaluate the performance and efficiency of organizational units regarding the financial procedures and requirements being implemented and provide them with the necessary advice to rationalize expenditures and optimally invest financial resources to achieve objectives according to strategic plans at the lowest costs.