Senior Accountant

JOB DETAILS: Position Title: Senior Accountant. Reports to: CFO. Department: Finance. Hay Level: 15. JOB PURPOSE: Day to day plant efficient accounting, according to good utility practice, international accounting rules (IFRS), SOCPA accounting standards, legal, tax laws, contractual and other requirements. Ensure timeliness and quality of accounting and reporting processes. Adherence to procedures and computerized maintenance management processes as applicable to a prudent financial management, in particular the accounting processes. Assist in the company's tax filing and compliances. Assist in the shareholder's reporting. Assist in the standardization of the accounting policies, procedures and internal controls. Assist in the implementation of and migration to SAP HANA ERP. Coordinate accounting activities with operation, maintenance, administration, and HSE departments. Monitor the finance budget in line with the overall company budget. Assist in preparing the long-term business plan. Assist in organizing the yearly financial audit. KEY ACCOUNTABILITIES: Perform day to day plant accounting and coordinates all other accounting activities, according to good utility practice, international accounting rules (IFRS), SOCPA Accounting standards, legal, tax laws, contractual and other requirements. Execute the monthly financial closing of the company in coordination with the other team members. Preparation of management internal reporting schedules and utilization of schedules for improvement in business processes. Prepare the monthly financial closure reports and variance reports to comply with the Monthly financial reporting and financial analysis requirements of the shareholders. Assist in filing tax returns of the Company and coordinate with the tax authorities and consultants for the queries, responses and audits. Liaise with Finance/Procurement/ other departments for efficient management of payment cycle. Ensure maintenance of up-to-date and accurate Arabic accounting records in SAP as required by local laws. Liaise with government officials, banks, tax advisors etc. for finance related matters as and when required. Determines and schedules the resources and requirements for each activity. Reviews and Adherence to finance, accounting and purchasing Methods and Procedures. Reporting of KPI's and objectives in line with the Business Plan. Establish and implement vertical/horizontal communication within the team to ensure members are well informed and remain engaged with the business. Adherence to Quality, Health, Safety and Environmental policies and standards. Implements lessons learned processes and other activities to achieve a learning organization. Communication and cooperation with the Operation and Maintenance, HSE, Administration teams. JOB CONTEXT: Dhuruma O&M company Ltd operates a combined cycle power facility with 1729 MW of power capacity. The project is a Greenfield IPP with a 20 year PPA. The Job Holder will be based at Dhuruma power plant (PP11), 125 km West of Riyadh. The Job Holder leads the accounting dept. QUALIFICATIONS, EXPERIENCE AND SKILLS: University degree in accounting, preferably with additional relevant qualifications such as ACCA/CMA. At least 5 years experience in the accounting preferably of a large combined cycle power plant. Knowledge of both IFRS and SOCPA accounting standards applied to the IPP business in KSA. Knowledge/Experience with SAP HANA. Knowledge/Experience with KSA Tax Laws. Knowledge/Experience of financial closing and reporting. Knowledge of the main database platforms used (SAP, MS Office). Saudi National.