Job Purpose
We are seeking a detail-oriented and experienced Accountant to join our finance team. The ideal candidate will be responsible for managing vendor payments, sales invoicing, lender repayment and disbursements, bank reconciliations, and ensuring compliance with VAT regulations. Additionally, the role requires expertise in handling Letters of Credit (LCs) and Letters of Guarantee (LGs), interest calculations, and working closely with external auditors.
Key Responsibilities:
Vendor Cycle Management:
- Process and manage vendor payments, ensuring timely and accurate disbursements.
- Monitor and reconcile vendor accounts and manage payment transfers.
Sales Invoicing and Receivables:
- Issue sales invoices and ensure accurate recording of sales transactions.
- Track and follow up on receivables, ensuring timely collection of outstanding payments.
Lender Management:
- Handle loan repayments and disbursements, ensuring all lender-related transactions are accurately recorded.
- Monitor loan agreements and interest schedules to ensure compliance with repayment terms.
Interest Calculations:
- Accurately calculate interest payments on loans and ensure timely settlements.
- Record interest income/expense and prepare necessary schedules for reporting.
Bank Reconciliation:
- Perform regular bank reconciliations to ensure accuracy between the company’s financial records and bank statements.
- Investigate and resolve any discrepancies in a timely manner.
Letter of Credit (LC) and Letter of Guarantee (LG) Management:
- Calculate and monitor LC and LG requirements and costs.
- Ensure proper documentation and tracking of LCs and LGs.
VAT Compliance and Filing:
- Ensure compliance with VAT regulations, including the calculation and filing of VAT returns.
- Prepare and submit VAT claims, ensuring timely and accurate recovery.
Audit and Compliance:
- Coordinate with external auditors to provide necessary documentation and support during audits.
- Assist in ensuring financial compliance with relevant standards and laws.
Why Join Alfanar Projects
Since 1976, we’ve grown and diversified our business to meet the evolving needs of a changing world. Alfanar Projects is an integrated global project developer and engineering, construction, and technology solutions provider with a robust portfolio of landmark projects across the energy, water, and infrastructure sectors.
From Saudi Arabia to the rest of the world, we work closely with governments and partners to deliver strategic projects that support national goals and long-term visions. Our work directly contributes to sustainable development and infrastructure modernization in multiple countries.
At the heart of our success are more than 10,000 professionals, diverse, skilled, and united by purpose. Our global teams are committed to delivering impact-driven solutions that shape a better, more sustainable future.
- Seniority Level
- Mid-Senior level
- Industry
- Construction
- Employment Type
- Full-time
- Job Functions
- Business Development
- Consulting
- Skills
- Vision Development
- Problem Solving
- Analytical Skills
- Strategy
- Key Performance Indicators
- Presentations
- Strategic Initiatives
- Emerging Technologies
- Market Research
- Competitive