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Head of Accounting

Khobar

EmployerUndisclosed employer
LocationKhobar
Job typeFull-time
FieldFinance & Accounting
Experience10+ years

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Job description

Financials & Reporting • Responsible for preparing Financial Statements reports and submitting them in a timely manner. • Efficiently prepare and consolidate reports for the purpose of Group reporting (e. g ICART, FACTS+, etc. ). • Regular coordination and communication with Group Consolidation team. • Regularly review JVs and analyze GLs. • Ensure that Airbus processes and compliance regulations are in place. • Proactively conduct deviation analysis of financial statements on a monthly basis to support local and HO Finance queries. Coordination for Annual Audits (Internal & External) • Take a lead role in coordinating the Annual Financial Audit. • Prepare various statements as requested by auditors. • Proactively manage audit schedules and different audit requirements by effectively following up with team members and different departments (e. g. Finance Controller, Operations, Procurement & Logistics Manager, etc. • Effectively communicate and liaise with auditors to organize their meetings with different departments, such as Controlling, Procurement, HR, and Operations and be responsible for bridging any gaps. • Support the Tax Manager in finalizing the Annual Income Tax Returns, including identifying revenue, foreign and local purchases, and subcontracting costs. Supervision of Accounting Operation & Closing Activities • Manage banking payments and treasury matters. • Provide guidance and support to the accounting team, overseeing day-to-day operations, reviewing work for accuracy and completeness, and promoting professional development. • Be responsible for ensuring timely and accurate monthly, quarterly, and year-end closing by efficiently supervising accounting operations and closely coordinating with the Controlling to book all cost center and project-related expenses and revenues. • Participate in payroll projects, withholding tax applications, payable and receivable controls, and monitor cash flow. • Have the ability to manage people and create a team that can deliver the desired results. • Be supportive in vacation backup and align with the requirements of the time and situation. Support the team by managing ad-hoc requirements assigned by the HO Finance as and when required. Implementation, Monitoring & Upgrading of Accounting Standards & Process • Effectively understand and implement changes in financial reporting due to changes in organizational structure, and continuously develop and improve accounting and control procedures and policies. • Support assignments related to tax asses sment and support Tax Manager regarding tax authority requirements. • Monitor cash flow, payables, receivables, affiliated companies, and government utilities. • Improve accounting/reporting. Facilitation, Support, Cross Functional & Cross-Country Communication • Monitor and verify intercompany balances, clearing strategies, and inter-company reconciliation with the AR accountant. • Coordinate with Group team members from time to time to address any issues and improve the process and procedures. • Support the Regional One Roof Finance initiatives. Qualified experience, Skills - Minimum of Bachelor degree in accounting. - CPA, SOCPA is preferable. - Minimum of 10 years’ experience in accounting with exposure to Local and Multinational cultural environment - Knowledge of finance, accounting, internal control, compliance, IFRS, Local Taxation and local commercial laws. - Ability to analyze financial data and prepare financial reports, statements and projections - Ability to produce quality materials within tight timeframes and simultaneously manage several projects - Excel and mastering is a must, SAP - Leadership skills. - Ability to quickly analyze and interpret data - Flexible, adaptable, enthusiastic, motivated and self-confident - Excellent communication skills, with experience in the local and multinational cultural environment. - Fluent written and spoken English& Arabic. This job requires an awareness of any potential compliance risks and a commitment to act with integrity, as the foundation for the Company’s success, reputation and sustainable growth. Airbus Helicopters Arabia for Aircraft Maintenance Fixed term

Requirements

Skills

English and ArabicFinancial data analysisfinancial reportingReport preparationLeadershipcash flow

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