Accountant

Job Description

• Ensure full execution of the distributor agreements in alignment with company standards.
• Adhere strictly to company policies, Foreign Currency Administration (F.C.A), and applicable regulations.
• Maintain daily oversight of Free Of Charge promotions, Trade Loaders, and monitor pricing deviations from the authorized price list.
• Validate the correct implementation of price lists and special quotations in the distributor’s system, including approval workflows and authorization.
• Review and assess all debit notes submitted by distributors to confirm compliance with company protocols.
• Evaluate shelf rents, rebates, and floor display agreements with major customers and cooperatives, confirming approval processes, documented claims, budget adherence, and maintain updated tracking tables.
• Oversee promotional activities by area, ensuring approvals, budget compliance, and update follow-up records correspondingly.
• Conduct verification and audit of monthly finished goods stock movements reported by distributors.
• Check and manage physical inventory reports, especially where price variances exist, facilitating the issuance of relevant debit or credit notes as needed.
• Escalate discrepancies to management and flag non-moving or overstocked items for review.
• Verify employee benefits documentation submitted by personnel and accounting divisions including housing, travel tickets, vacation slips, end of service indemnity payments, claims, incentives, etc.
• Inspect GOZI debit notes prepared by the distributor based on declarations to the social security office.
• Maintain rigorous follow-up with distributor accounting teams to ensure timely opening of letters of credit or bank guarantees.
• Confirm monthly finalization of distributor balance confirmations.
• Audit government-related payments such as residency (Iqama) fees, labor office charges, and driving license costs for compliance and prevent duplication using detailed tracking.
• Oversee car and van rental contracts, updating control tables to avoid redundant payments and guarantee prompt settlements.
• Validate fuel expenses against vehicle call cycles and mileage reports.
• Support the Country Manager with credit risk management by reviewing aged accounts monthly.
• Maintain strong communication with the sales force to assist in resolving operational challenges.
• Ensure enforcement of the "Staff Release Form" procedure before any employee leave or termination, including passport handover.
• Provide assistance to the Chief Accountant on special projects as required.

Job Dynamics & Interfaces

Internal: Coordination primarily with all Business Unit departments, notably Sales and Personnel.

External: Interaction with Banks, Suppliers, Social Security (GOSI), Medical Insurance providers, Distributors, government entities, other company divisions, and the INDEVCO group.

Required Qualifications & Competencies

• Bachelor’s degree in Accounting or relevant equivalent qualification.
• At least 2 years of post-degree experience in clerical accounting functions.