General Accountant
Mada Gypsum Systems LLC ( Al-RAjhi Holding )
01 August 2019 —
To date
Mada Gypsum Company was established in 2005 in Yanbu, Kingdom of Saudi Arabia. MGC is a leading manufacturer of drywall products in the Kingdom of Saudi Arabia. And one of the leaders in the MENA region. By following the strategy of providing high-quality product and services with a system-oriented approach, MGC has quickly established itself as the market leader in the Saudi market and one of the leading player in the GCC region.
FINANCE & ACCOUNTS RESPONSIBILITIES IN MADA GYPSUM SYSTEMS:
* Setup Local Accounting System aligned to the accounting practices followed by MGC, KSA
* Keeping books online in all accounting aspects-AR, AP, BANK, CASH, JVs, inventories – such that the trail balance on any day reflects the true state as on that day.
* Compliance with accounting standards and practices as per company accounting Standard.
TRANSACTIONAL RESPONSIBILITIES IN MADA GYPSUM SYSTEMS:
* Deposit / Issue of cheques, discounting of LCs.
* Payments to suppliers through cheques / LCs / online transfer, Manage Office petty cash
* Issues Invoice to Customers, Against Delivery Notes, Customers’ POs.
* Validate Purchase Order against Purchase requisitions, GRNs
* Ensure Periodic reconciliation of Accounts with customers & Suppliers. Ensure Process Compliance.
* Ensure proper storage and care of records/documents. Create and adhere to Cash-Flow plans
* Participate in physical stock-counting exercise and reconcile books-stocks with physical Stocks
* Work in coordination with sales with the sales, Purchase and logistics teams at the local level as well as with Head-office KSA.
TAXATION & COMPLIANCE RESPONSIBILITIES IN MADA GYPSUM SYSTEMS:
* Ensure updated VAT records.
* Filing of returns & payments of VAT Liabilities
* Any other government taxation compliance
REPORTING RESPONSIBILITIES IN MADA GYPSUM SYSTEMS:
* Reporting of any item / Activity / Event / Record/transaction that is not on expected lines
* Weekly reporting of cash-at-Bank status for Company
* Monthly ( or any other periodicity) reporting of financial statements in predefined formats
* Ad-hoc reporting to stakeholders based on their requirements
* Suggest good practices in any matter relating to accounting, reporting & taxation.