ACCOUNTANT, GENERAL

Alfanar Precast; Riyadh; On-site; SAR 120,000 - 180,000; Full time

Job summary

Alfanar Precast in Riyadh seeks an experienced accounting professional to oversee AP/AR, general ledger, and asset accounting. You will ensure accurate invoicing, timely payments, and compliance with IFRS, while supporting budgeting and financial controls.

The role emphasizes coordination across A/P, A/R, G/L, and asset management with a focus on accuracy, fiscal discipline, and risk mitigation within a growing construction and manufacturing group.

Qualifications

• Bachelor’s degree in accounting/finance or equivalent.
• Knowledge of IFRS accounting standards and reporting.
• Experience with accounts payable, receivable, and general ledger.

Responsibilities

• Supervise supplier invoice processing and 3-way matching accuracy.
• Verify invoices for tax and policy compliance.
• Oversee timely vendor payments and respond to vendor inquiries.
• Monitor accruals, prepayments, and alignment with accounting periods.
• Reconcile AP sub-ledger with vendor statements and resolve discrepancies.
• Oversee customer invoicing and manage receivables to minimize bad debt.
• Evaluate creditworthiness and manage aging reports.
• Prepare financial statements per IFRS and assist audits.
• Support budget preparation and monitor financial performance.

Skills

Accounting

Finance

IFRS

Education

Bachelor Degree in Accounting and Finance

Job description

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Headquartered in Riyadh, Saudi Arabia, we operate construction and manufacturing businesses, design & development centers and a host of facilities in the Middle East and other countries.

alfanar is involved in:

• Electrical, Electromechanical and Civil Engineering Construction


• Manufacturing and Marketing Electrical Construction Products

Our Main Divisions:

Bookkeeping and monitoring for accounting transactions

Key Accountability Areas

A/P:

• Supervise supplier invoice processing and ensure 3-way matching accuracy.


• Verify invoices for tax and policy compliance.


• Oversee timely vendor payments and manage vendor inquiries.


• Monitor accruals, prepayments, and ensure expenses align with accounting periods.


• Reconcile accounts payable sub-ledger with vendor statements and resolve discrepancies.

A/R:

• Oversee customer invoicing, ensuring accuracy and adherence to contracts.


• Evaluate customer creditworthiness and manage receivables to minimize bad debt.


• Implement collection procedures and resolve overdue payment issues.


• Reconcile customer accounts and analyze aging reports.

Asset:

• Manage accounting for fixed assets, including acquisition, depreciation, and disposal.


• Ensure compliance with regulations and prevent inventory shrinkage.


• Track and verify company assets periodically.

G/L:

• Oversee the general ledger and ensure accurate transaction recording.


• Reconcile balance sheet accounts and resolve discrepancies.

Other:

• Prepare financial statements per IFRS and assist with external audits.


• Support budget preparation, monitor financial performance, and identify risks.


• Improve accounting processes for efficiency and compliance with local regulations.

Role Accountability

• Ability to obtain updated soft and technical skills related to the job


• To have a vision and a plan for the career path and how to achieve it.

Delivery:

• Perform the planned activities to meet the operational and development targets as per delivery schedules.


• Utilize resources effectively to achieve objectives within efficient cost and time.


• Provide a periodic report formatted by detailing the deviation and execution of planned tasks.

Problem-Solving:

• Solve any related problems arise and elevate any complex operational issues.

Quality:

• Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.

Business Process Improvements:

• Coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.

Compliance:

• Comply to related policy and procedures and work instructions.

Health, Safety, and Environment:

• Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.

Academic Qualification

Bachelor Degree in Accounting and Finance