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Sr. Accountant

Location:	Riyadh, Riyadh, Ar Riyad, Saudi Arabia, Middle East
Job Type:	Permanent
Posted:	31st Mar 2009
Closing Date:	28th Apr 2009
Posted By:	ACS Inc.
Details:
Sr. Accountant Responsibilities: Individuals in this position will perform the following activities: ACCOUNTING • Set up a stand alone accounting system, and design the structure for an efficient cost accounting follow-up (cost centers &projects), • Ensure the corporate reporting system reflects the • Define the overall company accounting processes (travel expenses, general invoices approval, capital expenditures, bank, etc.) and provide continuous tracking of same; routinely communicate status to local team. • Serve as primary contact person for third parties related to the finance area (i.e bank, tax authorities, audit, etc.) CONTROLLING • In close relation with the team members, ensure all corporate forecasts (weekly, monthly, quarterly, yearly) are accurate and meet deadlines • Create processes, procedures, and standards for consistent and thorough project cost accounting and work with subcontractors to ensure they are followed. • Develop an overall financial management plan for tracking costs associated with the program. In so doing, create a master budget and master chart of accounts that helps to align the expense reporting of the subcontractors. • Work with subcontractors to conduct regular status reviews of financial performance, and use results for regular updates to the program budget. • Assist as necessary with other areas of executing the program management office such as conducting risk analyses, bid price analysis,contributing to quality assurance reviews, and negotiating subcontractor agreements. • This position reports to the Program Director. Qualifications: Individuals in this position will need to have experience that includes: • Experience of 5-7 years in accounting & financial management • Strong personal integrity and commitment to ethical behavior. • Experience serving in role of cost accountant on programs that involve the coordination and tracking of expenses for a multitude of subcontractors. • Fluent in English; ability to speak, read, and write in Arabic would be beneficial.

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