Job Description
General Accounting & Financial Reporting
Maintain and update general ledger accounts, ensuring accuracy and compliance with accounting standards (IFRS).
Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow reports.
Assist in budget preparation and financial forecasting for the factory.
Ensure proper reconciliation of accounts, including banks, suppliers, customers, and intercompany transactions.
Cost Accounting & Inventory Management
Monitor costing of raw materials, work-in-progress, and finished goods, ensuring cost efficiency.
Analyze production costs, overhead allocation, and profitability to support pricing decisions.
Conduct periodic inventory audits and ensure alignment with financial records.
Work closely with the production and procurement teams to control costs and identify cost-saving opportunities.
Accounts Payable & Receivable Management
Review and process supplier invoices, ensuring timely payments and adherence to contracts.
Monitor customer receivables, ensuring timely collections and minimizing outstanding balances.
Prepare and maintain aging reports for payables and receivables.
Reconcile discrepancies in invoices, statements, and transactions with vendors and customers.
Taxation & Compliance
Prepare VAT, Zakat, and other tax filings in compliance with Saudi tax regulations (ZATCA).
Assist in responding to tax audits and regulatory inquiries.
Ensure the factory complies with financial and corporate governance regulations.
Payroll & Employee Benefits Accounting
Process monthly payroll, including salary calculations, overtime, bonuses, and deductions.
Ensure compliance with labor laws and employee benefits calculations.
Reconcile payroll expenses and prepare payroll reports for management.
Financial Analysis & Decision Support
Conduct financial analysis, profitability assessments, and cost variance analysis to support decision-making.
Prepare cash flow forecasts to ensure sufficient working capital and liquidity management.
Provide recommendations to improve financial efficiency and reduce costs.
Internal Controls & Audit Support
Maintain and enforce internal accounting controls to prevent fraud and errors.
Prepare financial records and reports for internal and external audits.
Support the internal audit team in evaluating accounting procedures and compliance.
Job Requirements
Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
Minimum of 5 years of experience in internal auditing, preferably in the plastic manufacturing or industrial sector.
Strong knowledge of International Standards for the Professional Practice of Internal Auditing (IIA) and IFRS (International Financial Reporting Standards).
Familiarity with Enterprise Resource Planning (ERP) systems and accounting software.
Proficiency in financial analysis, auditing, and reporting.
Ability to work effectively with cross-functional teams within the factory.
Advanced skills in Microsoft Excel and Power BI for financial data analysis.
A professional certification such as CIA (Certified Internal Auditor) or CPA (Certified Public Accountant) is a plus.
Required Skills
✅ Critical Thinking & Problem-Solving – Ability to identify operational and financial risks and provide effective solutions.
✅ Independence & Objectivity – Ability to work professionally without internal or external influence.
✅ Effective Communication – Capability to prepare clear reports and communicate findings to all levels of management.
✅ Time Management & Prioritization – Ability to organize tasks according to deadlines and priorities.
✅ Attention to Detail – Ensuring accuracy and reliability of financial and operational data.
