JOB TITLE: Accountant (Heavy Equipment Rental)
JOB TYPE: Full-time
LOCATION: Dammam
SUPERVISOR/MANAGER: Finance Manager
Main Duties/Responsibilities
- Oversee the full cycle of accounting operations for the heavy equipment rental business, including accounts receivable, accounts payable, payroll, and general ledger
- Prepare and analyze financial statements, including balance sheets, income statements, and cash flow reports, to provide timely and accurate financial information to management
- Manage the accounts receivable process, including invoicing, collections, and credit control, to ensure timely payment from customers
- Process and record all vendor invoices, expense reports, and other accounts payable transactions in a timely and accurate manner
- Maintain a comprehensive fixed asset register, tracking the acquisition, depreciation, and disposal of the heavy equipment fleet and other assets
- Reconcile bank statements, petty cash, and other balance sheet accounts on a regular basis
- Assist with the preparation of annual budgets, cash flow projections, and long-range financial planning
- Ensure compliance with all relevant accounting standards, tax regulations, and internal control policies
- Collaborate with the operations and sales teams to provide financial analyses and support decision-making
- Implement and maintain effective accounting procedures and internal controls to safeguard the company's assets
- Coordinate with external auditors during the annual audit process and address any audit findings or recommendations
- Identify opportunities for process improvements, cost savings, and enhanced financial reporting
- Provide training and guidance to the accounting staff to ensure accurate and efficient financial management
- Serve as a strategic business partner to the Finance Manager and contribute to the overall financial strategy of the organization
Qualifications
SKILLS & EXPERIENCE
- Bachelor's degree in Accounting, Finance, or a related field
- Professional accounting certification (CPA, CA, or equivalent)
Experience
- Minimum 5 years of experience as an accountant or financial analyst in the heavy equipment rental or related industry
- Demonstrated expertise in the full cycle of accounting operations, including accounts receivable, accounts payable, payroll, and general ledger
- Familiarity with industry-specific accounting practices, tax regulations, and financial reporting requirements
Soft Skills
- Strong analytical and problem-solving skills to identify and resolve financial issues
- Excellent attention to detail and accuracy to ensure the integrity of financial records
- Effective communication and interpersonal skills to collaborate with cross-functional teams
- Adaptability and flexibility to handle changing business requirements and priorities
- Proactive and solutions-oriented approach to financial management
Technical Skills
- Proficient in the use of accounting software, spreadsheet applications, and financial reporting tools
- Familiarity with enterprise resource planning (ERP) systems and their financial modules
- Knowledge of data analysis techniques and the ability to extract insights from financial data
- Understanding of fixed asset management and depreciation calculations for heavy equipment
