Accounting Assistant Manager

Saudi Petroleum Services Polytechnic; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading company in the petroleum services sector is seeking an Accounting Assistant Manager in Riyadh. This role involves overseeing accounting operations, ensuring compliance with financial regulations, and preparing financial reports. The ideal candidate will have a strong background in accounting, with expertise in SAP S4HANA and a commitment to maintaining financial integrity.

Qualifications

• Minimum 5–7 years in accounting.
• Fluent in English; Arabic proficiency is an advantage.
• Strong knowledge of VAT laws and financial reporting.

Responsibilities

• Prepare and review financial statements in compliance with IFRS.
• Ensure compliance with Zakat, Tax, and VAT laws.
• Assist in budgeting and financial forecasting.

Skills

Analytical skills

Problem-solving

Communication

Leadership

Attention to detail

Organizational skills

Education

Bachelor’s degree in accounting, Finance, or related field

SOCPA certification

Tools

SAP S4HANA

MS Excel

Job description

Job Title: Accounting Assistant Manager

Location: Riyadh, Saudi Arabia

Department: Finance & Accounting

Reports To: Sr. Finance Manager

Job Purpose:

The Chief Accountant is responsible for overseeing the day-to-day accounting operations, ensuring compliance with Saudi Arabian financial regulations (e.g., ZATCA requirements), preparing accurate financial reports, and supporting strategic financial planning. The role plays a critical part in maintaining the integrity of financial data and supporting management decision-making.

Key Responsibilities:

1. Financial Management & Reporting

• Prepare and review monthly, quarterly, and annual financial statements in compliance with IFRS and local regulations.
• Ensure accurate and timely closing of books.
• Supervise general ledger, journal entries, and account reconciliation processes.
• Provide financial analysis and reports for management.

2. Regulatory Compliance

• Ensure compliance with Zakat, Tax, and VAT laws as per ZATCA (Zakat, Tax and Customs Authority) requirements.
• Coordinate with external auditors and regulatory bodies.
• Maintain proper documentation for all financial transactions and tax filings.

3. Budgeting & Forecasting

• Assist in the development and monitoring of budgets.
• Conduct variance analysis and financial forecasting.

4. Internal Controls & Risk Management

• Implement, and maintain internal financial controls and procedures.
• Ensure appropriate financial risk management strategies are in place.

5. ERP & System Oversight

• Manage accounting systems (SAP S4Hana experience is a must).
• Ensure system data integrity and process efficiency.

Qualifications & Requirements:

• Education: Bachelor’s degree in accounting, Finance, or related field (SOCPA certification preferred).
• Experience: Minimum 5–7 years in accounting, with strong SAP S4Hana knowledge.
• Language: Fluent in English; Arabic proficiency is an advantage.
• Technical Skills: Strong knowledge of VAT laws, and financial reporting. Proficiency in MS Excel and SAP S4HANA systems.
• Other: Knowledge of Saudi Arabian financial regulations and ZATCA compliance is essential.

Skills

Key Competencies:

• Strong analytical and problem-solving skills
• Excellent communication and leadership abilities
• High attention to detail and organizational skills
• Integrity and confidentiality
• Ability to work under pressure and meet deadlines