Shared Services Finance & Accounting Lead

Key Responsibilities

Leadership & Team Management

• Lead and manage the finance and accounting team in the shared services function.
• Mentor and train staff to enhance performance and career growth.
• Allocate tasks and resources to ensure timely, accurate completion of accounting processes.

Process Optimization & Efficiency

• Drive improvements in finance and accounting operations for better efficiency.
• Implement and maintain SOPs for accounts payable, receivable, payroll, and general ledger functions.
• Leverage technology and automation to streamline workflows and reduce manual tasks.

Financial Reporting & Compliance

• Ensure accurate transaction accounting and compliance with regulatory requirements for monthly reporting.
• Support audits and collaborate with the KSA team for smooth audit execution.

Balance Sheet Reconciliation

• Oversee timely completion of monthly, quarterly, and annual balance sheet account reconciliations.
• Review team members’ work for accuracy, documentation, and policy compliance.
• Investigate and resolve discrepancies in balance sheet accounts in collaboration with relevant departments.

General Ledger & Accounting Maintenance

• Ensure timely, accurate journal entries for P&L and balance sheet accounts per company policies.
• Manage transactions related to AP/AR/Cash & Bank/GL & processes efficiently.
• Review and approve journal entries, ensuring proper documentation and authorization.
• Ensure correct classification of transactions in the general ledger following company policies.

Qualification & Requirements

• Qualified CA
• Minimum 10 years of relevant experience in an Senior accounting role
• Experience in a shared service center is preferred; experience with entities in Saudi Arabia & GCC countries is a plus
• Proficient in accounting software (Oracle, SAP) and MS Office Suite (Word, Excel, PowerPoint, Outlook)
• Strong knowledge of tax regulations.

Additional Information

• Proficient in accounting software (Oracle, SAP) and MS Office Suite (Word, Excel, PowerPoint, Outlook)
• Strong knowledge of tax regulations.

Benefits

• Insurance Benefits
• Retirement Benefits
• Vacation Policy
• Other Perks and Benefits…