- Location
- Dammam, Eastern Province,SA, SA
- Workplace
- Hybrid
- Type
- Full-time
- Department
- Finance
- Source
- Eightfold
Description
Eaton is a power management company where we provide energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton is dedicated to improving the quality of life and the environment through the use of power management technology and services. Eaton has approximately 96,000 employees and sells products to customers in more than 175 countries.
## What you’ll do:
An Accountant is responsible for managing and maintaining the organization’s financial records, ensuring accuracy, compliance, and timely financial reporting. The role supports business decision-making by preparing financial reports, monitoring financial transactions, analyzing costs and variances, and ensuring compliance with accounting standards and company policies.
Main Responsibilities:
- Support the global AP team in ensuring the accuracy of supplier invoices and goods receipts. Coordinate with local buyers to resolve purchase order discrepancies against invoices before submission to the processing team for final payment.
- Lead document control activities, including preparing and reviewing Letter of Credit (L/C) documentation, consolidating required documents, checking compliance with L/C terms, and submitting documentation to banks.
- Prepare and submit customer invoices with all required supporting documentation through online customer portals and physical delivery channels, including DHL.
- Conduct weekly plant reviews, focusing on operational variable expense deviations between actuals and forecasts, and follow up on corrective actions.
- Maintain and archive business documentation, including contracts, financial documents, company certificates, retention records, legal documents, and other corporate records.
- Monitor scrap sales processes, prepare scrap sale requests, obtain management approvals, coordinate customer invoicing, and follow up on payment completion.
- Participate in all API Annual Physical Inventory finance activities, including physical inventory counts, variance analysis, and related controls.
- Review the ZATCA portal to monitor customer e-invoice status and ensure that all material descriptions comply with applicable requirements.
- Monitor and investigate rejected e-invoices in the ZATCA portal, analyze error messages, and coordinate with Customer Service to correct data-entry issues.
- Investigate, analyze, and report on manufacturing costs and variances, including price variances, production variances, margin analysis, scrap and waste, and labor efficiency.
- Liaise with Sales and Operations to minimize the impact of excess and obsolete (E&O) inventory.
- Review and validate Proof of Delivery (POD) documentation to support accurate revenue recognition.
- Prepare and report CAPEX documentation, ensuring expenditures are accurately tracked in Oracle and SAP in a timely manner.
- Support ad hoc financial reporting and other finance-related activities as required.
## Qualifications:
- Bacherlo's degree in Accounting
- 3-5 Years of accounting experience in a manufacturing environment
- Fluent Arabic
## Skills:
- Experience in accounting and transactions
- Proficiency in SAP
- Effective planning, prioritization, and organizational skills
- High level of ownership, accountability, and responsibility
## What We Offer:
- Being part of a company that has been in business for more than 100 years, is well known in the industry, and has a major impact on the energy industry.
- Work in a company that is commitment to Inclusion & Diversity and Sustainability.
- Annual mentoring program, Eaton University, a reward, and recognition system.
- Ongoing Learning and Career Development Opportunities in a global company. Build your career and apply internally for our open positions worldwide.
- Strong, agile and diverse team locally and globally.
- Strong processes and state-of-the-art systems and tools.
- Structured employee development processes, open feedback culture with development plans.
- Detailed induction support and well-structured onboarding.
- Balance your work and life with a hybrid worktime model.
All positions may require participation in video and in-person interviews as part of the hiring process. All candidates will be evaluated based on job-related competencies, and all candidates’ privacy rights and data security will be protected in accordance with applicable laws.
We are committed to ensuring equal employment opportunities for job applicants and employees. Our recruitment processes use balanced selection criteria and avoid unlawful discrimination against applicants on the basis of their age, colour, disability, marital status, national origin, gender, gender identity, genetic information, race or racial origin, religion, sexual orientation or any other status protected or required by law.