Accountant at Pipecare Group

Dammam, Eastern Province, Saudi Arabia -

Full Time

Start Date

Immediate

Expiry Date

11 Apr, 26

Salary

0.0

Posted On

11 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Reporting, Cost Accounting, Budgeting, Forecasting, Inventory Management, Compliance, Analytical Skills, Communication, Risk Management, Accounting Principles, Tax Compliance, Financial Analysis, Team Management, Problem Solving, Attention to Detail, Time Management

Industry

Oil and Gas

Description

IPECARE Group is one of the leading in-line inspection companies worldwide with over 20 years of experience providing in-line inspection. Pipe Care Group is looking for an experienced Accountant who will review and monitor day-to-day accounting activities of PIPECARE and its Subsidiaries up to the issue of financial statements and will be reporting to the Regional Finance Manager. Key Responsibilities & Authorities: Financial Reporting: Preparing, analyzing, and presenting financial reports to management that summarize the company's financial performance. This includes the preparation of income statements, balance sheets, and cash flow as per IFRS Standards. Cost Accounting: Developing and maintaining the company's cost accounting system to ensure accurate product costing and pricing. This includes analyzing production costs, identifying cost-saving opportunities, and preparing reports on cost. Budgeting and Forecasting: Developing annual budgets and financial forecasts for the company. This includes coordinating with other departments to obtain inputs and assumptions needed for budgeting and forecasting. Inventory Management: Monitoring inventory levels and ensuring accurate inventory valuation. This includes conducting periodic physical inventory counts, reconciling inventory records, and identifying and resolving discrepancies. Compliance: Ensuring compliance with accounting principles, legal regulations, and company policies. This includes staying up-to-date with changes in accounting standards and regulations and making necessary adjustments to the company's accounting process. Liaise with external auditors and provide necessary documentation for audit purposes. Analyze financial data and provide insights to the Finance Manager and senior manage Reviews Reviewing the schedule related to assets additional/deletion Reviews all accruals for expenses Allocation of tool capitalization costs Issue, Monitor and collect transfer pricing invoices for Leasing, Sales of spare parts, Trade mark, Patent and LIN Soft. Processes insurance requirements Arranging bank guarantees, L/C’s and other to the bank. Weekly meeting with the production manager to discuss any financial issues Timely preparation of financial statements and completion of audits Maintaining / reviewing periodically the financial policies/procedures and internal control system/procedures to make sure that his team considering that, and to raise the results report to the Regional Finance Manager Monitor and review accounting and related system reports for accuracy and completeness Analytical reviewing for the petty cash expenses and others cost and to raise the report to the Group Finance Manager Randomly get physical inventory items verified with books Monitoring the local Tax compliance and monthly report should be raised to the Regional Finance Manager Provide financial management support to the Finance Manager in areas such as financial analysis, budgeting, forecasting, financial reporting, and compliance. Work closely with other departments to ensure accurate financial information is provided in a timely manner. Develop and implement cost management strategies to optimize financial performance. Assist in risk management activities to mitigate financial risks. Skills/Experience: BS degree in Accounting, CPA or equivalent certificate Minimum of 3 years of Accounting experience Experience within the Oil and Gas, Manufacturing or Contracting sector Payments, Collection, and invoicing control experienced Physical and Mental Requirements: Lifting and Carrying: Ability to lift and carry up to 50 pounds. Mobility: Must be able to walk and climb to perform duties, including maneuvering within a refinery or plant environment and accessing elevated platforms via ladders and stairwells. Communication: Sufficient clarity of speech and hearing, or other communication capabilities, to communicate effectively. Focus and Multitasking: Ability to maintain focus and multitask effectively. Safety Equipment: Must be able to wear safety equipment as required by the safety department for personal protection, if/where needed in manufacturing environments. Personal Mobility and Reflexes: Sufficient personal mobility and physical reflexes, with or without reasonable accommodations, to perform office duties and travel to off-site locations when necessary. About PIPECARE Group: PIPECARE Group offers comprehensive In-Line Inspection Services to identify and size pipeline threats, Utilizing advanced technologies such as Magnetic Flux Leakage, Transverse Field Inspection, Ultrasound, and specialized tools, PIPECARE ensures precise detection and assessment of various pipeline anomalies. What we do: In-Line Inspection Services PIPECARE provides In-Line Inspection Services to locate, identify, and size threats, supporting integrity management requirements. Check out our AI Technology and other cutting-edge technologies by clicking the following YouTube Links: PIPECARE Group - YouTube SMART AI CALIPER - Inspection experience like never before Inspection Technologies Magnetic Flux Leakage (MFL): Detects and sizes general corrosion and metal loss anomalies, especially circumferentially oriented. Transverse Field Inspection (TFI): Detects and sizes general corrosion and metal loss anomalies, primarily axially oriented. Ultrasound (UT): Detects and sizes general and other metal loss anomalies with high depth sizing accuracy. Ultrasonic Crack Detection: Detects and sizes cracks and colonies of cracks. Caliper (Geometry): Detects and sizes deviations in the ideal circular shape of a pipeline (dents, ovalities, wrinkles, etc.). Specialized Tools and Technologies Combo Tools: Use multiple measurement systems in various combinations. Specialized Tubing Technologies: Designed for Furnace and Downhole Operations. Equal Opportunity Employer: We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.

Responsibilities

The Accountant will prepare, analyze, and present financial reports, ensuring compliance with accounting principles and legal regulations. They will also develop budgets, manage inventory, and provide financial insights to management.