Chief Accountant [Middle East]

Pipecare Group

Dammam, Ash Sharqiyah
Permanent
Full-time

2 months ago
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PIPECARE Group of Companies – the leading provider of inline inspection services in Oil&Gas field - is looking for the Chief Accountant [for Middle East] to join our Team.The position is responsible for reviewing and monitoring day-to-day accounting activities of PIPECARE and its Subsidiaries up to the issue of financial statements and will be reporting to the Finance Manager.Key Responsibilities & Authorities:

Supporting Accounts Payables & other Accountant for reviewing the Financial Accounting functions to ensure the accuracy of accounts.
Maintain accounting up to date and posting all the accounts transactions
Maintaining positive spirit with his team and supporting them
Ensure all payments made are made according to company policy & procedures
Processes and overseeing payroll operations
Reviewing the Leave salary, gratuity, final settlement
Reviews all payments and approvals
Reviewing the schedule related to assets additional/deletion
Reviews all accruals for expenses
Allocation of tool capitalization costs
Allocation of general costs to projects
Processes insurance requirements
Reviewing the bank guarantees, L/C’s and other banks documents before sending to the bank.
Prepare monthly Balance Sheet, Income Statement, Cashflow, Statement of Equity
Supporting the Regional Finance Manager for preparing the necessary documentation and reports for auditing
Prepare monthly MIS pack
Supervise and mentor financial subordinates
Weekly meeting with the Regional Finance Manager to discuss any financial issues
Timely preparation of financial statements and completion of audits
Maintaining / reviewing periodically the financial policies/procedures and internal control system/procedures to make sure that his team considering that, and to raise the results report to the Regional Finance Manager
Monitor and review accounting and related system reports for accuracy and completeness
Analytical reviewing for the petty cash expenses and others cost and to raise the report to the Group Finance Manager
Randomly get physical inventory items verified with books
Monitoring the local Tax compliance and monthly report should be raised to the Regional Finance Manager
Performs other duties as assigned by the Regional Finance Manager within the job role

Skills/Experience required:The successful Chief Accountant holds ACCA, CA, CPA or equivalent. Oil and Gas background is a plusIt is essential you have a minimum of 5 years industry experience outside the professionCapability to provide timely and accurate management reportingHave excellent Excel and modeling skills alongside experience in communicating with senior stakeholdersAccountability:

Keep up-to-date entries in Accounts
Payments, Collection, and invoicing HO control
Validation AP Vouchers
Payroll review (monthly from HR)
Review of outgoing payments
Review and Maintain other Legal Entity Accounts
Inventory Maintenance and Control
Control functions of regional Chief Accountants.
Yearly audit

Pipecare Group