Group Overview:
Headquartered in Riyadh, Saudi Arabia, we operate construction and manufacturing businesses, design & development centers and a host of facilities in the Middle East and other countries.
alfanar Building Systems
alfanar Construction is classified as a Grade I contractor by the Contractors Classification Committee of the Government of Saudi Arabia.
alfanar Building Systems manufactures and markets a variety of building construction products and systems. .
The core manufacturing activities of the industries operating under alfanar Building Systems are:
• Real estate development
• Façade cladding, glazing systems and architectural aluminum products
• Precast concrete products and architectural elements
Job Purpose
We are seeking a dynamic and motivated individual to join our team as an Assistant Accountant within our real estate department. The ideal candidate will have 1-2 years of relevant experience and a strong understanding of accounting principles, particularly within the real estate sector.
Key Accountability Areas
- Accounts Payable and Receivable: Process invoices, monitor accounts receivable, and handle vendor payments in a timely manner. Maintain accurate records of transactions and reconcile accounts as needed.
- Budgeting and Forecasting: Collaborate with senior accountants to assist in budget preparation and forecasting for real estate projects. Monitor budget performance and provide regular reports to management.
- General Ledger Maintenance: Maintain and reconcile general ledger accounts, ensuring all transactions are properly recorded and classified. Investigate and resolve any discrepancies or issues that arise.
- Real Estate Tax & VAT Compliance: Assist with tax preparation and compliance activities, including gathering financial data and supporting documentation for tax filings.
- Follow up customer collection for real estate projects (Iskan)
- Preparing reports for WAFI.
- Financial Analysis: Conduct financial analysis and variance analysis to identify trends, opportunities, and areas for improvement. Prepare ad hoc reports and presentations for management as required.
Role Accountability
- Bachelor's degree in Accounting, Finance, or related field.
- 1-2 years of experience in accounting, preferably within the real estate industry.
- Strong knowledge of accounting principles and practices.
- Proficiency in Microsoft office and accounting software (e.g., Power BI, Excel, Power Point).
- Excellent analytical and problem-solving skills.
- Ability to prioritize tasks and meet deadlines in a fast-paced environment.
- Detail-oriented and highly organized, with a commitment to accuracy and integrity in financial reporting.
Academic Qualification
Bachelor Degree in Accounting and Finance
Work Experience
2 to 5 Years
Technical / Functional Competencies
Analytical thinking
Communication
Creativity
Initiative
MS Office
Report writing
Teamwork
Time Management
Well Organized
Work under pressur
