Accountant

AALICO; Riyadh; On-site; SAR 90,000 - 120,000; Full time

Job summary

A financial services firm in Saudi Arabia is seeking an experienced accountant to ensure accurate recording of financial transactions and manage the payment cycle. The ideal candidate will be responsible for monthly reconciliations, VAT reporting, and assisting with audits. A Bachelor’s degree in Accounting or Finance and professional qualifications are preferred. Excellent organizational and communication skills are essential. This role offers an opportunity to contribute to budgeting and management reports.

Qualifications

• Minimum 4–5 years of accounting experience, with at least 2–3 years in a similar industry or role.
• Bachelor’s degree in Accounting, Finance, or Business Administration.
• Professional qualifications such as ACCA, CMA, or CPA (at intermediate or final stage) are preferred.

Responsibilities

• Record daily and monthly accounting transactions in the ERP.
• Maintain schedules for prepaid expenses and accruals.
• Manage the end-to-end payment process.
• Prepare monthly bank reconciliations.
• Assist in preparing internal and external financial statements.

Skills

Strong communication skills

Attention to detail

Organizational abilities

Integrity in handling confidential data

Proficiency in ERP systems

MS Excel

Education

Bachelor’s degree in Accounting, Finance, or Business Administration

Professional qualifications (ACCA, CMA, CPA)

Tools

ERP systems (ODOO preferred)

MS Excel

Job description

Responsible for ensuring accurate and timely recording of financial transactions, managing the payment cycle, and supporting monthly and annual closings. The role also assists in audit preparations, VAT reporting, and supports budgeting and management reporting processes.

About the Role

The candidate should have the following qualifications and experience.

Responsibilities

• Record daily and monthly accounting transactions in the ERP related to bank, petty cash, accruals, prepayments, and other general ledger entries.
• Maintain up-to-date schedules for prepaid expenses (e.g., insurance) and accruals (e.g., EOSB, vacation provisions).
• Manage the end-to-end payment process—from initiating payment requests to approvals and uploading payments to the bank.
• Monitor due dates and ensure timely initiation of payments.
• Prepare monthly bank reconciliations.
• Finalize the draft trial balance and assist in monthly closings.
• Perform monthly reconciliations of related party accounts.
• Prepare VAT reports to support group VAT filing requirements.
• Assist with the preparation of documentation for external audits, Zakat filings, and Local Content survey.
• Generate reports including payables aging, departmental expense reports, and project-level P&L as needed.
• Support the finance team in data gathering for and preparation of corporate and departmental/projects budgets.
• Assist in preparing internal and external financial statements (monthly, quarterly, annual) and management reports/accounts.
• Follow up with AR/AP teams to ensure up-to-date posting of all transactions in the system.

Qualifications

• Minimum 4–5 years of accounting experience, with at least 2–3 years in a similar industry or role.
• Bachelor’s degree in Accounting, Finance, or Business Administration.
• Professional qualifications such as ACCA, CMA, or CPA (at intermediate or final stage) are preferred.

Required Skills

• Strong communication skills with the ability to present financial data clearly.
• High attention to detail and strong organizational abilities.
• Strong work ethic with high integrity, particularly in handling confidential data.
• Proficiency in ERP systems (experience with ODOO is preferred) and MS Excel.