Accountant- Saudi Nationals

Aljomaih Energy and Water Company; Dammam; On-site; SAR 120,000 - 180,000; Full time

Job summary

Al Jomaih Energy & Water (AEW) in Saudi Arabia seeks a capable accounting professional to manage financial transactions, closing processes, and reporting for energy projects. The role emphasizes IFRS compliance, general ledger maintenance, and cashflow oversight within a dynamic infrastructure environment.

The candidate will support budgeting and forecasting, audits, and internal controls, collaborating with a cross-functional finance team to ensure accuracy and regulatory adherence.

Qualifications

• Bachelor's degree in accounting, finance, or related field.
• 2-5 years of accounting experience.
• Knowledge of IFRS/GAAP and local accounting standards.

Responsibilities

• Record and review financial transactions in compliance with IFRS/local accounting standards.
• Assist with month-end, quarter-end, and year-end closing processes, including journal entries, accruals, and reconciliations.
• Maintain general ledger accounts and prepare supporting schedules for reporting.
• Track and report on the financial performance of ongoing projects, including budgeting and cost management.
• Assist in the preparation of management and statutory financial reports.
• Ensure proper application of accounting policies, procedures, and controls.
• Support variance analysis of actual vs. budget for revenues, costs, and cash flows.
• Provide financial data and insights to assist in forecasting and budgeting exercises.
• Monitor bank transactions and prepare accurate bank reconciliations.
• Assist in weekly and monthly cashflow reporting.
• Ensure correct accounting of VAT, Zakat, and other applicable tax requirements.
• Prepare documentation to support compliance with regulatory filings.
• Prepare schedules and documentation for internal and external audits.
• Support the implementation and maintenance of effective internal controls.
• Post and maintain transactions in ERP systems.
• Contribute to improvements in financial reporting systems and tools.
• Support the finance team with financial analysis and report generation on an as-needed basis.

Skills

IFRS/GAAP

ERP systems

Excel

Analytical mindset

Communication

Education

Bachelor's degree in accounting/finance

Tools

Oracle Fusion ERP

Job description

Al Jomaih Energy & Water (AEW) headquartered in Saudi Arabia, is a fast-growing investor, lead developer, and operator of utility and infrastructure projects in various geographical markets such as KSA, GCC, Asia & North Africa, with investments in 6 GW of Conventional and Solar power plants, and around 700,000 m3/day of water.

AEW was established in 2007, as a subsidiary of Al Jomaih Holding Company, a leading Saudi conglomerate with a legacy spanning over 80 years, focused on enabling sustainable, social, and economic progress in the Kingdom of Saudi Arabia and beyond.

At AEW, our mission is to tackle new technologies, solve complex problems, and leverage our expertise to unlock opportunities in the Power, Renewables & Water Sectors, while driving impact for our stakeholders across the value chain.

Overview

To manage financial transactions, reporting, and compliance for energy projects and operations, ensuring accuracy, transparency, and alignment with industry and regulatory standards.

Your Job Functions (Duties & Responsibilities)

• Record and review financial transactions in compliance with IFRS/local accounting standards
• Assist with month-end, quarter-end, and year-end closing processes, including journal entries, accruals, and reconciliations
• Maintain general ledger accounts and prepare supporting schedules for reporting
• Track and report on the financial performance of ongoing projects, including budgeting and cost management
• Assist in the preparation of management and statutory financial reports
• Ensure proper application of accounting policies, procedures, and controls
• Support variance analysis of actual vs. budget for revenues, costs, and cash flows
• Provide financial data and insights to assist in forecasting and budgeting exercises
• Monitor bank transactions and prepare accurate bank reconciliations
• Assist in weekly and monthly cashflow reporting
• Ensure correct accounting of VAT, Zakat, and other applicable tax requirements
• Prepare documentation to support compliance with regulatory filings
• Prepare schedules and documentation for internal and external audits
• Support the implementation and maintenance of effective internal controls
• Post and maintain transactions in ERP systems
• Contribute to improvements in financial reporting systems and tools
• Support the finance team with financial analysis and report generation on an as-needed basis

Qualifications & Skill Sets

• Bachelor's degree in accounting, Finance, or related field
• 2-5 years of accounting experience, preferably in utilities, energy, or infrastructure sectors
• Knowledge of IFRS/GAAP and local accounting standards
• Experience with ERP systems (Oracle Fusion preferred)
• Strong MS Excel and Microsoft Office skills
• Analytical mindset with strong problem-solving skills and attention to detail
• Good communication and interpersonal skills; ability to work effectively in a team