Financial Accountant

The ideal candidate will manage various financial operations within the KSA cluster, ensuring accuracy and compliance with accounting standards. This role will involve handling Accounts Receivable (AR) and Accounts Payable (AP) entries, assisting with budgeting and forecasting, supporting audits, and overseeing daily financial updates. The successful candidate will also play a key role in monthly closing procedures, variance analysis, and maintaining financial records in line with company policies and industry regulations.Key Responsibilities:Accounts Receivable (AR) and Accounts Payable (AP) Management:Post all Accounts Receivable (AR) and Accounts Payable (AP) transactions accurately in the SAP B1 accounting system, including accruals and prepayments.Ensure timely and accurate processing of invoices, payments, and receipts.Reviewing Financial Transactions:Review customer sales deductions to ensure accuracy and compliance with contracts and agreements.Review staff expenses and vendor invoices, ensuring adherence to internal policies.Audit Support:Assist in preparing and submitting all audit requirements for both internal and external audits.Work closely with auditors to provide necessary documentation and clarification for audit procedures.Budget and Expense Control:Prepare and support the control and forecasting of departmental expenses and budgets.Assist in the preparation of OPEX variance analysis, comparing budgeted vs. actual expenses.Cash and Liquidity Management:Monitor and manage daily cash flow and liquidity to ensure operational requirements are met.Provide financial reporting and analysis related to cash flow management.Monthly Closing and Reconciliations:Support the monthly closing process, ensuring that all financial transactions are recorded accurately.Conduct monthly reconciliations of accounts and resolve any discrepancies.Administrative Support:Provide administrative support in the finance department, including the filing and maintaining of financial vouchers and records in an organized manner.