Accountant

Role Overview

Accountant at Samsung E&A. Location not specified in posting.

Company Overview

Samsung E&A is a specialized EPC company providing comprehensive solutions across the plant industry. With over 50 years of pioneering history in the Korean plant industry, the company has successfully executed numerous projects globally and grown into a competitive engineering enterprise. Samsung E&A operates across Oil and Gas processing, Refinery, Petrochemical, Energy Transition, Environmental, Industrial, and BIO sectors. The company delivers services spanning feasibility studies, engineering, procurement, construction, commissioning, and operations and maintenance.

Role Purpose

Perform skilled accounting work involving compilation, consolidation, and analysis of financial data. Execute duties ranging from ledger maintenance and journal entries to fixed asset and inventory accounting, trial balance and financial statement preparation, cost accounting, and bank reconciliation. Provide technical guidance to accounting clerks and assistants at site offices.

Key Responsibilities

Ledger and Transaction Management

• Record accounting transactions accurately.
• Maintain ledger, statement, and accounts within established procedures at site office.
• Maintain and keep records of invoices and vouchers.
• Prepare journal entries and check supporting documentation.
• Apply accounting techniques and standard practices to classification and recording of financial transactions.
• Perform account analysis to ensure entries and balances are correct.

Payments and Procurement

• Check correctness and completeness of payment vouchers.
• Match vendor invoices with purchase orders and provide feedback to procurement if no purchase order exists in the system.
• Match subcontractor invoices with commitments and provide feedback to contract administration if no commitment exists in the system.

Expense and Cost Management

• Verify expense reports on a sample basis to ensure controls are adequate, supporting documentation is provided, and expenses are legitimate business costs.
• Manage cash and budget and prepare overall monthly fund requests for site administration.
• Monitor controllable expenses such as conference meals, team building meals, entertainment, and events for site administration.
• Specify job content varying from preparing journal entries to carrying out well-defined steps in cost accounting analysis.
• Perform general or cost accounting activities requiring insight and depth of understanding.

Payroll Operations

• Supervise and check payroll-related transactions including monthly payroll, leave salaries, and full and final settlements.
• Suggest improvements to payroll processes.

Financial Reporting and Analysis

• Prepare and analyze monthly site expense reports.
• Monitor general ledger open accounts such as payables, advance payments, receivables, deposits, and suspense accounts.
• Prepare annual depreciation and depletion tax schedules.
• Provide ad-hoc analysis and summaries of information as requested.

Training and Support

• Provide technical guidance and assistance in training clerks and assistants.

Qualifications & Experience

• Minimum 3 to 5 years in oil and gas projects.
• Knowledge of tax systems in GCC.
• Accounting experience and intermediate understanding of accounting techniques.

Skills & Competencies

• Knowledge of accounting principles, cycle, environment, regulations, and procedures.
• Ability to interpret financial transactions and financial statements.
• Knowledge of Finance and Accounting Management, Budgeting and Variance Analysis, Finalization of Accounts and Reporting.
• Knowledge of Cash Management and Budgeting.
• Knowledge of payroll operations.
• Management accounting and auditing knowledge.
• Overall understanding of administration department jobs in Gas and Petrochemical EPC plant industry.
• Proficiency in accounting software including QuickBooks, Xero, and SAP.
• Proficiency in Microsoft Word, Excel, and PowerPoint.
• Strong Excel skills including advanced functions such as VLOOKUP and PivotTables.
• Ability to prepare financial statements including balance sheets, income statements, and cash flow statements.
• Familiarity with tax laws and regulations.
• Understanding of bookkeeping practices including accounts payable and receivable.
• Attention to detail and accuracy.
• Dependability and punctuality.
• Excellent organizational and time management skills.
• Ability to work independently and as part of a team.
• Integrity and ethical behavior.
• Initiative and proactive attitude.
• Fluent in Arabic and English, both written and spoken.

Additional Information

• Accommodation provided.
• Transportation provided.
• Annual Leave Ticket provided.
• Medical Insurance provided.