Accountant (Khobar)

Employer: Thimar Investment
Industry: Finance and Accounts

Job Description

Accountant, required for a company in Khobar, Saudi Arabia.

– Developing and Maintaining Finance and Accounting Goals.
– Ensures Profits and Losses are documented accurately.
– Submits reports in a timely manner, ensuring delivery deadlines.
– Develops and supports achievement of performance goals, budget goals.
– Improves profit growth.
– Reviews audit issues to ensure accuracy.

Managing Projects and Policies:

– Generates and provides accurate and timely results in the form of reports, presentations, etc.
– Reconciles balance sheet to ensure account balances are supported by appropriate documentation.
– Ensures that the P&L is accurate (e.g., costs are properly matched to revenue; costs are recorded in the proper accounts).
– Ensures compliance with management contract and reporting requirements.
– Ensures compliance with standard and local operating procedures.
– Obtain competitive quotations for restaurant requirements and ensure that the best product is sourced and purchased.
– Manage the database of active local contracts with suppliers
– Adhere to quality procedures and standards.
– Maintain a record of commitments for all budgets and ensure that the relevant senior managers are constantly informed of updates
– Ensure a comprehensive system for allocating and reconciling purchase orders.
– Manage relationships with suppliers and report on their performance to operation’s Manager.
– Monitor all areas of purchasing including contracts, leases and nominations.
– Prepare the month end accounts reports in an accurate and timely manner.

Managing Costing and Inventory:

– Review the intake of products and ensure accurate pricing and quantity of goods received and inform the management.
– Control the stores by ensuring accuracy of inventory and stock control and the pricing.
– Alert Restaurant Manager and Chef of slow moving goods and goods nearing expiry dates to reduce waste and alter product purchasing to accommodate.
– Manage cost reporting on a weekly basis and monthly basis.



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