Senior Accounting Specialist

Job description

Al Nafitha Information Technology is a leading independent provider of IT services and solutions in the Kingdom of Saudi Arabia, established in 1993. As a Saudi-owned company, we have established ourselves from a start-up to a market leader, offering a comprehensive range of IT solutions designed to meet the unique requirements of our clients. Our experience spans across industries, including Microsoft, AWS, ManageEngine, and Zoho Solutions, ensuring we deliver strategic IT solutions that drive digital transformation and operational excellence for our clients. With more than 30 years of experience, Al Nafitha Information Technology has successfully completed more than 4,000 projects, served more than 3,000 satisfied customers, and cooperated with more than 65 partners. Our commitment to excellence is evident in our customer-focused approach, which emphasizes engagement, collaboration and the relentless pursuit of quality in every interaction. Our vision is to be the Kingdom's most client-focused provider of digital transformation and consulting, promoting innovation and excellence in all our solutions. We are committed to improving operational efficiency and ensuring efficient use of resources to enhance customer satisfaction and profitability. At Al Nafitha Information Technology, we believe in empowering our employees and nurturing their growth, which is essential for driving technology leadership and customer satisfaction. As we continue to expand our presence in the IT space, we remain committed to providing cutting-edge solutions that not only meet but exceed our customers' expectations. JOB SUMMARY/OBJECTIVE The Senior Accounting Professional is responsible for managing the overall financial operations of the organization systems, ensuring accuracy, compliance and efficiency in all operations. This role oversees payment request processing, accounts payable, payroll administration, general ledger management, tax compliance, and financial reporting. The senior specialist develops budgets and forecasts, performs variance analysis, and provides actionable financial insights to support strategic decision making. Additionally, the role ensures compliance with accounting standards, regulatory requirements and internal controls while driving process improvements to enhance financial performance and operational efficiency Key Responsibilities: Payment Request Processing • Manage the end-to-end processing of payment requests, including comprehensive verification and validation of supporting documents to ensure accuracy and compliance with company policies • Coordinate and secure necessary internal approvals in a timely manner • Execute payments through various methods such as bank transfer, check, cash or online payment, ensuring proper documentation and financial record keeping. Compliance • Maintain accurate electronic financial records and ensure compliance with accounting standards • Document business processes and accounting policies to enhance internal controls Financial Reporting • Prepare accurate financial statements and regulatory reporting documents, including consolidated financial statements • Support the efficient, accurate and timely production of financial reports • Assist in the preparation of reports and presentations for Board and Audit Committee meetings • Respond to inquiries regarding financial results and requests for special reports • Review journal entries and Validate to ensure accuracy, completeness, and compliance with accounting standards and company policies • Manage monthly, quarterly, and annual closing activities, ensuring accurate and timely financial reporting • Coordinate with relevant departments to resolve discrepancies and maintain the integrity of the general ledger Account management and analysis • Conduct month-end and year-end closes, ensuring accuracy and compliance with laws and regulations • Analyze financial statements to identify discrepancies and ensure accuracy of reports • Perform account analysis and oversee journal entries, account reconciliations, and accounts payable statements Payroll • Manage accounts payable operations, ensuring timely processing of invoices • Oversee the payroll cycle, including validating all payroll inputs to ensure accuracy and compliance with internal policies and legal requirements • Conduct comprehensive payroll review and reconciliation to identify and resolve discrepancies • Coordinate and secure management approval of final payroll • Execute timely and accurate payroll disbursement through approved payment channels, maintaining proper documentation and confidentiality. Tax Compliance • Prepare and file tax returns, ensuring compliance with tax regulations • Support the design and implementation of new policies and procedures related to audit requirements and business activities Process Improvement • Assist in monitoring the need for business process improvements and assist in designing processes, procedures, and reporting improvements • Work with and support the accounting team in daily activities, special projects, and business process improvements ml. Budgeting and Financial Forecasting • Develop company budgets and financial plans based on research reports and data • Support the preparation and consolidation of annual budgets and periodic forecasts in line with organizational objectives Required Qualifications • Education: • Bachelor’s degree in accounting, finance, or related field • Master’s degree in accounting, or business administration (preferred) • Experience: • Minimum 4 years of experience in accounting or finance roles, with a focus on financial reporting and social analysis • Proficiency in accounting software • Familiarity with financial reporting standards and tax regulations • Strong analytical and problem-solving skills with attention to detail • Ability to analyze financial data and identify trends • Excellent written and verbal communication skills • Ability to present financial information to non-financial stakeholders • Strong collaboration and teamwork abilities • Ability to work effectively with cross-functional teams

Requirements

• · With more than 30 years of experience, Al Nafitha Information Technology Company has successfully completed more than 4,000 projects, served more than 3,000 satisfied customers, and cooperated with more than 65 partners

Skills