ACCOUNTING SPECIALIST.
Job Title
ACCOUNTING SPECIALIST.
Job Family
Function
CFO
Job Code
30008736
Reports to Job
Financial Controller
Job Description Summary
The Accounting Specialist collaborates with other members of the team in their execution of Monthly Financial Accounting and Closing activities and oversees parts of the general accounting operations to ensure accurate and timely financial reporting in accordance with International Financial Reporting Standards (IFRS) endorsed in the Kingdom of Saudi Arabia and other standards and pronouncements issued by the Saudi Organization for Chartered and Professional Accountants (SOCPA). Activities also included finalizing tax audits and collaboration with other departments to ensure proper compliance with Saudi Tax Laws, and managing and maintaining cash flow and liquidity efficiently.
Strategic Roles & Responsibilities %
10
Strategic Roles & Responsibilities
- Coordinates finance and accounting issues with the Shareholders affiliates and auditorsDevelop plans for adhoc Finance projects and ensure timely delivery of agreed targets
Operational Roles & Responsibilities %
90
Operational Roles & Responsibilities
- Coordinate the creation and reporting of periodical financial statements and actively participate in the JHAH financial statement closing process as assigned to ensure timely and accurate accounting management and statutory reporting
- Maintain the General and Subsidiary Ledgers to measure and record JHAHs assets liabilities revenues costs and expenditures
- Perform internal review of accounting and administrative controls to ensure adequate controls are in place to prevent or detect irregularities related to recognition measurement recording and reporting of financial transactions
- Execute timely payment of all JHAH medicalrelated claims to contracted medical facilities and eligible patients
- Prepare or update JHAHs financial policies and procedures based on best practices applicable to the healthcare industry
- Define cash management guidelines and principles to secure effective cash management practices including cash forecasting to ensure appropriate cash position and minimize possible cash shortfall
- Prepare or update JHAHs financial policies and procedures based on best practices applicable to the healthcare industry
- Support external and internal audit teams during their regular Review of JHAH operations that involve financialrelated compliance andor governance
- Participate in adhoc JHAH project teams and activities which includes but not limited to operational controls business related expansion and planningfeasibility etc
- to achieve given targets
Minimum Education Required
Bachelor’s Degree in Accounting, Finance or equivalent. Master’s Degree preferred
Professional Certifications Required
CPA, CA, ACCA, CIA or equivalent certification
Years of Experience
Minimum 9 years' experience (ideally in the Healthcare industry preferred)
Languages
English:Fully Proficient ; Arabic:Not Required
Functional Competencies
- Due Diligence
- Audit Reporting
- Data Collection
Core Competencies
- Excellence
- Integrity
- Accountability
- Cybersecurity
- Person-Centered Care
Acknowledgement
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.