Chief Accountant

BedsXML; Kuwait City; On-site; KWD 6,000 - 12,000; Full time

Job summary

BedsXML, a fast-growing B2B travel wholesale company, is seeking an experienced Chief Accountant to lead our day-to-day accounting operations in a high-volume, multi-currency environment in Kuwait City.

You will manage the full accounting cycle, prepare IFRS-compliant monthly statements, oversee supplier payables and client receivables, and coordinate with external auditors while ensuring VAT compliance and robust reporting using SAP.

Qualifications

• Bachelor's degree in Accounting or Finance.
• Minimum 5 years of accounting experience.
• Solid B2B experience, handling corporate clients, trade partners and supplier accounts.
• Proven background in B2B travel wholesale, bed banks, hotel distribution, DMCs or tour operations.
• Hands-on SAP experience (SAP FI/CO or S/4HANA).
• Strong knowledge of IFRS and multi-currency accounting.
• Advanced Excel skills.
• Strong attention to detail and the ability to handle high transaction volumes.
• CPA, CMA or ACCA is a plus.
• GCC experience is preferred; Arabic is an advantage.

Responsibilities

• Manage the full accounting cycle, including month-end and year-end closing.
• Prepare monthly financial statements in line with IFRS.
• Oversee supplier payables to hotels, DMCs and bed banks, including VCC payments.
• Reconcile supplier and agent statements against bookings, cancellations and amendments.
• Manage client receivables, deposits and credit limits for travel agents and tour operators.
• Handle multi-currency accounting and bank reconciliations.
• Maintain accurate records and reporting in SAP.
• Support budgeting, cash flow forecasting and margin analysis.
• Coordinate with external auditors and ensure VAT/tax compliance.
• Supervise and guide the accounting team.

Skills

IFRS knowledge

Multi-currency accounting

Advanced Excel

Attention to detail

GCC experience (advantage)

CPA/CMA/ACCA nice-to-have

Education

Bachelor's degree in Accounting or Finance

Tools

SAP FI/CO or S/4HANA

Job description

BedsXML, a fast-growing B2B travel wholesale company (bed bank), is looking for an experienced Chief Accountant to lead our day-to-day accounting operations in a high-volume, multi-currency environment.

Key Responsibilities

• Manage the full accounting cycle, including month-end and year-end closing
• Prepare monthly financial statements in line with IFRS
• Oversee supplier payables to hotels, DMCs and bed banks, including VCC payments
• Reconcile supplier and agent statements against bookings, cancellations and amendments
• Manage client receivables, deposits and credit limits for travel agents and tour operators
• Handle multi-currency accounting and bank reconciliations
• Maintain accurate records and reporting in SAP
• Support budgeting, cash flow forecasting and margin analysis
• Coordinate with external auditors and ensure VAT/tax compliance
• Supervise and guide the accounting team

Requirements

• Bachelor's degree in Accounting or Finance
• Minimum 5 years of accounting experience
• Solid B2B experience, handling corporate clients, trade partners and supplier accounts
• Proven background in B2B travel wholesale, bed banks, hotel distribution, DMCs or tour operations
• Hands-on SAP experience (SAP FI/CO or S/4HANA)
• Strong knowledge of IFRS and multi-currency accounting
• Advanced Excel skills
• Strong attention to detail and the ability to handle high transaction volumes
• CPA, CMA or ACCA is a plus
• GCC experience is preferred; Arabic is an advantage