Accountant

Awtad; Riyadh; On-site; SAR 60,000 - 110,000; Full time

Job summary

Awtad, a prominent real estate development company in Saudi Arabia, is seeking a dedicated and skilled Accountant to enhance our financial team. The role supports financial reporting and project accounting processes to ensure accuracy and compliance with regulatory standards.

The successful candidate will manage supplier and contractor accounts, monitor project costs, and assist in month-end close activities, VAT compliance, and financial analysis across multiple projects in Riyadh.

Qualifications

• Bachelor's degree in Accounting.
• Practical experience in accounting, preferably in project accounting or contracting companies.
• Good knowledge of supplier and contractor accounts.
• Experience reviewing contracts, payment certificates, and invoices.
• Ability to reconcile account balances and perform accounting adjustments.
• Knowledge of project cost monitoring and petty cash management.
• VAT and electronic invoicing knowledge in Saudi Arabia.

Responsibilities

• Manage suppliers' and contractors' accounts related to projects.
• Review contracts, payment certificates, and invoices for compliance.
• Reconciling supplier and contractor balances and adjusting accordingly.
• Monitor project costs, operating expenses, and petty cash.
• Prepare periodic financial reports on project costs and obligations.
• Monitor VAT and electronic invoicing requirements in Saudi Arabia.
• Perform month-end and year-end closing activities.

Skills

Analytical skills

Attention to detail

Organizational skills

Time management

Multitasking

Education

Bachelor's degree in Accounting

Tools

Microsoft Excel

Odoo

Job description

Awtad, a prominent real estate development company in Saudi Arabia, is in search of a dedicated and skilled Accountant to enhance our financial team. This role is crucial to maintain the integrity of financial operations and ensure compliance with regulatory standards. The successful candidate will be responsible for various accounting functions, supporting financial reporting and analysis to drive

Responsibilities

• Manage and monitor suppliers' and contractors' accounts related to projects
• Review contracts, payment certificates, and invoices to ensure they comply with agreements, purchase orders, and payment terms
• Reconcile supplier and contractor balances and perform the necessary accounting adjustments
• Monitor project costs, operating expenses, and petty cash transactions
• Review due payments, amounts paid, and outstanding balances for each project
• Record project-related journal entries and ensure the accuracy of financial documents
• Follow up on invoices and payments and coordinate with suppliers, contractors, and relevant departments
• Prepare periodic financial reports covering project costs, expenses, and financial obligations
• Monitor Value Added Tax (VAT) and electronic invoicing requirements in accordance with the regulations applicable in Saudi Arabia
• Perform periodic accounting reconciliations and month-end and year-end closing activities
• Maintain and organize financial records and supporting documents related to projects
• Coordinate with Finance and Operations departments to ensure data accuracy and compliance with accounting procedures

Requirements

• Bachelor's degree in Accounting
• Practical experience in accounting, preferably in project accounting or within contracting and operations companies
• Good knowledge of supplier and contractor accounts
• Experience reviewing contracts, payment certificates, and invoices and matching them against payments
• Ability to reconcile account balances and perform accounting adjustments
• Knowledge of project cost monitoring, operating expenses, and petty cash management
• Knowledge of VAT and electronic invoicing requirements in Saudi Arabia
• Proficiency in Microsoft Excel and accounting systems; experience with Odoo is preferred
• Strong analytical and accounting skills, with excellent attention to detail
• Strong organizational and time management skills, with the ability to prioritize tasks and manage multiple projects simultaneously