7 Accountants jobs in Dammam

Position Summary

Reporting directly to Financial Controller, the Financial Analyst shall be responsible for all areas relating to financial and Management Accounts at the facility.

Essential Responsibilities

1. Oversee day-to-day bookkeeping functions of the operations, including the preparation of local statutory accounts.
2. Maintenance of a clean set of balance sheet supporting records (called the ownership book), detailing every item on the Balance Sheets. The ownership book to be updated on a monthly basis.
3. Supervision of the reconciliation of all bank accounts and inter-company accounts every month end and to initiate the adjusting entries where appropriate.
4. Timely submission of all monthly financial reports as well as ad-hoc reports required by corporate headquarters, or as directed.
5. Inventory and Work In Progress. Ensure that the cost build-up of on-going jobs reviewed regularly and to highlight to Controller & General Manager any potential overrun of job costs against the budgeted estimates.
6. Organizing and overseeing fixed assets physical verifications and well as the custody of inventory.
7. Ensuring that warranty reserves as well as excess and obsolescence reserves are adequate and made in accordance with ITT policy.
8. Preparation of the annual strategic plans and budget as well and regular updates of forecasts and cash flows or any other reports besides the monthly Balance Sheet and Profit and Loss statements, or as directed.
9. Credit approval and control and debt collection, ensuring that Bad Debt reserves made in accordance with ITT policy.
10. Responsible for the documenting, updating and maintenance of hard and soft copies of all financial control narratives, flowcharts and Sarbanes Oxley Act (SOA) Control templates, including the uploading of most up to date SOA documentation onto the ITT Intranet.
11. Maintaining standard costing records.
12. Cost and Management Reports.
13. Submission of monthly commentary on the state of the business and performance of the unit each month end.
14. Billing to the customers according to the VAT requirement and passing the same to the concerned persons for dispatch and proper accounting.
15. Supervise review supplier invoices and other invoices with the PO and GRN.
16. Oversee due dates for supplier and service providers invoices and issuance of the payment to them on timely basis.
17. Maintenance of statistical report showing the monthly payment details for all the recurring payments like telephone, rent etc.
18. Ensure accuracy and reliability of SOARS data.
19. Preparation of MIS reports.
20. Preparation and submission of various statutory reports as per the requirement.

Position Requirements

Education:

Bachelor’s degree (or local equivalent) in Finance & Accounting or Economics. An advanced degree preferred.

Experience:

Minimum 10 years’ experience in finance/cost accounting preferably with a multinational manufacturing company.

Other Skills/Knowledge/Experience:

Excellent Computer literacy (MS Office, profound knowledge of Excel, One Stream, SAP & Power BI exposure would be considered an asset).

Knowledge of US GAAP and/or IFRS would be considered an asset.

The incumbent must have a good command of English language. A second language (Arabic) would be a plus.

Excellent skills in financial analysis, analytical experience, problem solving.

Strong organizational skills.

PC skills including spreadsheet, presentation software and word processing are necessary.

Resistance to pressure & tolerance to tight deadlines.

CORE COMPETENCIES = Our Principles in Action

Excellent communication skills – written and verbal.

Strong work ethic.

Excellent analytical skills.

Outstanding leadership and presentation skills.

Global perspective.

Initiative and good independent judgment.

Job Title: Collection Officer

Qualifications:

1. Finance, Accounting, Business Administration
2. Previous experience in collection agencies/companies with understanding in credit & collection practices and procedures.
3. Excellent knowledge of collections procedures.
4. Strong hold over Microsoft Office – Excel & Word.
5. Commitment to excellent customer service.
6. Strong communication skills in written and verbal in English and Arabic.
7. Preferred major study in Business Administration/Accounting.
8. Specify work experience: Account Receivables, Collection, Accounting.
9. Preferred certificate: Certified Professional Collector (CPC), CMA.
10. Preferred skills: Knowledge in accounting principles, experience in credit review, accounting, accounts receivables, knowledge in SAP is preferred.
11. Full Professional Proficiency in Arabic & English.
12. Ability to communicate and act tactfully & persistently.
13. Graduate with more than 5 years of experience.

Work Location: Please apply only if you clearly meet the criteria.

I hereby declare that I meet all of the requirements in this application and that all of the information in my application is correct and accurate.

1. Assist in preparing 5 YP by collecting data from other departments and preparing all reports needed.
2. Assist in preparing yearly budget with company format sheets.
3. Control budget Overheads and Capex.
4. Handle all actions needed to prepare Quarterly budget review (BPE).
5. Prepare monthly report PL, BS, SCF, and detailed report for the month closing.
6. Respond to ad-hoc queries.
7. Store Performance, P&L by store and region.
8. Net Margin by Category Report.
9. Inventory Aging Report.
10. Shrinkage and Scrap Summary Report.
11. LFL Sales analysis and Sales per SQM.
12. Inventory Days per Category.

A leading Talent Acquisition Company in Saudi Arabia is seeking a Lead Financial Analyst based in Saudi Arabia to join our esteemed client. This strategic position plays a crucial role in guiding the financial direction of the organization while ensuring robust analysis and reporting mechanisms are in place. The Lead Financial Analyst will be responsible for leading a team of financial analysts, developing financial models, and delivering insights that drive informed business decisions.

In this role, you will collaborate closely with senior leadership, utilizing your advanced analytical skills to evaluate financial performance, identify growth opportunities, and recommend actions based on data-driven insights. Your expertise will be essential in navigating the financial complexities of the market while adhering to regulatory requirements.

• Lead and manage the financial analysis team to deliver accurate and timely financial evaluations and forecasts.
• Conduct thorough analysis of financial statements to provide insights into performance trends and variances.
• Prepare detailed financial reports and presentations for senior management and external stakeholders.
• Implement financial strategies aligned with business goals, enhancing overall financial performance.
• Ensure compliance with relevant financial regulations and best practices within the industry.
• Mentor and train junior analysts, promoting a culture of continuous improvement and professional growth.
• Work collaboratively across departments to ensure alignment of financial and operational objectives.

• Bachelor's degree in Finance, Economics, or a related field; MBA or professional certification is a plus.
• 15+ years of experience in financial analysis, with at least 2 years in a leadership role.
• Strong command of financial modeling, budgeting, forecasting, and risk analysis.
• Proficient in financial software and advanced Excel skills; familiarity with ERP systems is desirable.
• Excellent presentation and interpersonal skills to convey complex information effectively.
• Strong problem-solving abilities and a results-oriented mindset.
• Experience working in the Saudi Arabian market or understanding of local financial regulations is preferred.

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Description:

Aramco energizes the world economy.

Aramco occupies a special position in the global energy industry. We are one of the world’s largest producers of hydrocarbon energy and chemicals, with among the lowest Upstream carbon intensities of any major producer.

With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.

Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.

We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.

We are seeking an experienced Financial Planning & Performance Management Analyst to join the Finance & Performance Management (F&PM) for Petroleum Engineering & Development (PE&D) under Upstream Finance.

Upstream makes up the vast majority of revenue and has the highest level of capital investments that is coordinated by PE&D, which is managing and developing all Saudi Aramco’s oil and gas fields from the initial planning of new fields to the ongoing monitoring of mature fields including Carbon Capture & Storage projects and Reserves Assessments

These key activities are handled by PE&D supported by specialized Advanced Research Centers (EARC) and a state-of-the-art dedicated Upstream Digital Center (UDC)

Your primary role is to coordinate and prepare Business Plan and Midyear/Year-end Accountability, monthly accountability reporting, performing variance analysis, resolving issues and initiating value add projects.

A successful candidate will be expected to perform the following:

• Conducts and supervises day to day operations within Compliance Unit, including follow-up and reporting on delegated areas and tasks
• Identify areas of importance from a compliance perspective, and inform stakeholders
• Document and communicate main areas and processes
• Develop sustainable follow-up and reporting procedures and systems
• As a Subject Matter Expert SME, you will be involved in discussions and tasks as agreed upon Finance Lead
• Independently prepare information memorandums and proposals
• Implement changes as agreed
• Have a solid understanding of the link between the business and the accounting rules to assess the impacts on Income Statement, Balance Sheet and Cash Flow.

A successful candidate should have the following:

• Degree in business, Finance or a related discipline
• Minimum of 10 years relevant experience is required in the field of accounting, auditing, financial reporting or performance management
• Good knowledge with MS Office products such as Excel, PowerPoint and Word at a minimum, and familiar with ERP systems such as SAP.
• Further knowledge within areas of database applications, data management applications and data communication and presentation tools is a benefit.
• Possession of an advanced business degree (e.g. MBA) and/or relevant professional certification (e.g. CMA, CFA, CPA) is strongly preferred.
• Excellent command of oral & written English

• Great capability of producing quality written reports and presentations to senior-level management

Job posting start date: 07/01/2025

Job posting end date: 12/31/2025

Working environment

Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.

At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.

We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.