Accounting

We at Rahaco consider the correct financial management system to be one of the reasons for our success, and we aim to make the path to our goals smoother by expanding it.
Those interested in the job of accounting colleague can cooperate with us through completing the relevant form and checking it by the human resources management and financial management of Rahaco.

Accounting job

Accounting is used as one of the most used jobs in any organization. In today’s world, a new form of economic communication has emerged, and people, companies, and institutions are connected with each other, and their financial transactions affect each other, and day by day these activities become more complex and extensive. These factors make the role of accounting colleagues as providers of financial information using accounting standards to be clearer to users. The increasing need of institutions and organizations for accurate and timely information to be used in the decision-making process of managers is an inevitable category. In this regard, the management information system is the main source of providing information. The accounting information system, as the most important subset of this system, provides various financial information to the users of this type of information, especially the managers of any organization. In general, accounting information should have certain characteristics to be used in the decision-making process.

Hiring an accountant in Rahaco

The importance of the accounting associate job

The success of all businesses depends on a proper and effective financial management. Accounting is one of the main things that every business need, especially growing businesses and companies. Following accounting principles can help all large and small companies reach their short and long-term goals. The duties of the accounting colleague are not only limited to credit and debt management; Rather, it plays a role in all future decisions of the organization. For example, controlling accounts receivable helps analyze customer behavior in terms of repaying debts. Identifying bad customers, accurate budgeting to discover inefficiencies in operational plans, awareness of market changes by examining sudden changes in cost and sales revenue, and many more, are among the benefits of accounting.

Accounting
Components of the financial unit of the Raha collection

The financial unit of Rahaco consists of three separate accounting, treasury and financial management units, each of which has the following responsibilities based on the job ID defined for them:

The employee of the accounting unit is required to prepare the monthly list of employee salaries and insurance, register the company’s expenses based on the report of the work unit, record all financial events in the wage books on time and on the date of occurrence, prepare the financial books and the performance balance, prepare the profit and loss account and other financial statements, keep the Riyal account of the warehouses, maintain the property and calculate the cost price and the selling price of the products, summarize the status of companies, payments, claims, debts and prepare the company’s liquidity and present it to the financial management, issue documents related to the payment of insurance deductions, taxes, loans, etc., issue fund documents and cash receipts and payments, prepare and present various reports of financial activities on a continuous basis to the financial manager, record the purchase and sale invoices in the accounting document, collect the entry and exit slips from the storekeeper and match the invoices in terms of the amount of goods, assign a special code to the goods and enter them into the system transfer accounting, prepare the list of debit and credit balances of individuals and companies, match the balance of the fund amount with the actual balance in the fund with the treasury, match the balance of the bank balance as well as the estimate of the bank discrepancy. The accounting colleague in this department should submit the above documents to the archive to record the documents.

Part of the duties of the treasury department employee is as follows: Filing all letters, accounting documents entered into financial affairs with the permission of the financial manager in specific classified files in such a way that they can be accessed in the least possible time, maintenance and management and recording treasury information in the treasury system and preparing the necessary reports from the system and preparing a backup copy at least monthly and keeping it in a safe place, receiving and keeping all cash and receivable documents received from individuals and issuing receipt forms and preparing them in order to hand over to the bank as soon as possible, preserve the company’s cash or escrow fund and make authorized payments related to the escrow mission within the framework of the bylaws, prepare the fund circulation statement and send payment documents to accounting to control and supply the balance, continuous control of liquidity and prepare daily reports of the balance of banks and all receipts and payments, daily registration and maintenance of the balance sheet of all documents and securities in the fund, preparation of draft letters and correspondence related to the transfer of accounts or other matters related to the company’s banks, by obtaining the permission of the financial manager and following them until the final result is obtained, preparing continuous or special reports based on the available information and related to the activity of the treasury and maintaining and controlling the company’s bank accounts.

The financial management activities that are headed by the financial unit of Rahaco are classified as follows: participation in planning and presenting proposals and credit policies and collecting claims and monitoring their implementation, financing and managing cash and other monetary and banking assets, maintaining financial records and documents, controlling financial activities, identifying deviations from efficient and planned performance, as well as applying management in the payment of salaries and wages, tax affairs, inventories, fixed assets and computer operations, forecasting and long-term planning of funds necessary for investment based on the technological changes of the capital market and the return of investment projects, as well as the use of unforeseen and historical figures for planning future operations and its effects on profitability policies and forecasting of cost items, preparation and adjustment of financial policies, instructions, methods and procedures and preparing and designing the required forms, in order to create coordination in the financial affairs of different units.
Other duties of the accounting colleague in this department include: receiving financial reports from units, projects, and other managements and reviewing and commenting on them and analyzing discrepancies, classifying accounts and, if necessary, classifying the group of goods and coding inventory and warehouse, based on mechanized systems and proposal and approval of change or provision of financial software systems as custom or package and…

According to the mentioned explanations, if you are also interested in working with Rahaco in the specialized accounting team, you can send us your resume by completing the form below so that we will contact you after reviewing it.

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