Accounting Manager

SAUDI GOLD Refinery Co.; Riyadh; On-site; SAR 300,000 - 600,000; Full time

Job summary

Saudi Gold Refinery is seeking an experienced Accounting Manager in Riyadh to lead the financial accounting function, ensure IFRS compliance, and maintain strong internal controls. The role reports to the CEO and drives process improvements across the finance team.

Key duties include monthly/annual reporting, inventory reconciliation, tax filings under ZATCA, audits, and ERP integration to guarantee accurate financial data for strategic decisions. Fluency in English and Arabic is required.

Qualifications

• Bachelor’s degree in Accounting or Finance from a recognized university.
• SOCPA/CPA/ACCA/CMA certifications required.
• 10+ years of accounting experience with 3 years in supervision.
• Strong IFRS knowledge and Saudi tax laws including VAT and withholding tax.
• Mining industry and inventory accounting experience preferred.
• Proficiency in Odoo, Jisr, and ERP systems.
• Excellent analytical skills and accuracy in financial data.
• Fluent in English and Arabic.

Responsibilities

• Prepare monthly and annual IFRS financial statements for CEO review.
• Reconcile ledger balances with physical inventory records weekly.
• Ensure VAT and withholding tax filings compliantly under ZATCA rules.
• Serve as primary liaison for external audits and related requirements.
• Supervise accounting team; assign tasks and provide guidance.
• Design and monitor internal controls to protect assets and data.
• Analyze costs to support budgeting and forecasting processes.
• Manage treasury activities including bank reconciliations and cash flow.
• Oversee ERP data integration for accurate reporting.
• Develop and update accounting policies in line with changes.

Skills

Analytical thinking

Leadership

Financial reporting accuracy

Bilingual English/Arabic

Education

Bachelor’s degree in Accounting or Finance

Professional certification such as SOCPA, CPA, ACCA, or CMA

Tools

Odoo

Jisr

ERP systems

Job description

About Saudi Gold Refinery

Saudi Gold Refinery (SGR) is a Saudi mining and precious‑metals company specialized in the refining of gold and precious metals, bullion production, and value‑added precious‑metal services. Operating within the Kingdom’s mining value chain, SGR is aligned to the Vision 2030 mining pillar and to the regulatory framework set by the Ministry of Industry and Mineral Resources (MIM) and applicable Saudi and international standards. We produce responsibly sourced, traceable, and certified bullion, operate to LBMA Good Delivery and ISO‑aligned quality standards, and invest in the people, processes, and controls behind every bar we produce.

Role Overview

Saudi Gold Refinery (SGR) is seeking a Accounting Manager in Riyadh, Saudi Arabia to lead the financial accounting function for our financial operations. This role ensures accurate financial reporting, regulatory compliance, and robust internal controls over inventory and activities. The successful candidate will bring technical expertise in IFRS and Saudi tax laws to support the company’s growth within the Kingdom’s mining value chain.

The Accounting Manager will report directly to the CEO and will play a key role in safeguarding assets and providing reliable financial data for strategic decision‑making. This position requires a hands‑on leader who can manage daily accounting operations while driving improvements in process efficiency and compliance.

Key Responsibilities

The Accounting Manager will be responsible for the following key areas:

The role prepares monthly and annual financial statements in compliance with IFRS and presents them to the CEO for review.

Inventory Control

This position reconciles financial ledger balances with physical vault records inventories on a weekly basis.

Tax Compliance

Ensures timely and accurate filing of VAT returns and withholding tax declarations in accordance with ZATCA regulations.

Audit Management

The role serves as the primary liaison for external auditors and facilitates the completion of annual and interim audits.

Team Supervision

This position supervises the accounting team by assigning tasks, reviewing work, and providing technical guidance on accounting standards.

Internal Controls

The manager designs and monitors internal control procedures to protect company assets and ensure the accuracy of financial records.

Cost Analysis

This role analyzes operational costs to identify variances and support budgeting and forecasting processes.

Treasury Support

The position manages bank reconciliations and supports cash flow forecasting to ensure sufficient liquidity for operations.

System Integration

The manager oversees the integration of financial data from operational systems into the ERP for accurate reporting.

Policy Development

This role develops and updates accounting policies and procedures to reflect changes in business operations and regulatory requirements.

Qualifications

• Bachelor’s degree in Accounting or Finance from a recognized university.
• Professional certification such as SOCPA, CPA, ACCA, or CMA is required.
• At least 10+ years of accounting experience with 3 years in a supervisory role.
• Strong knowledge of IFRS and Saudi Arabian tax laws including VAT and withholding tax.
• Experience in mining industry.
• Experience in inventory accounting within mining or industrial sector.
• Proficiency in ERP systems such as Odoo, Jisr.
• Excellent analytical skills and attention to accuracy in financial data.
• Fluency in English and Arabic language is required.

Success Metrics

• Timely completion of month‑end close within 5 working days.
• Zero material adjustments in annual external audit reports.
• 100% compliance with ZATCA filing deadlines and e‑invoicing rules.
• Daily reconciliation of precious‑metal inventory values with zero unresolved discrepancies.
• Accurate and timely submission of VAT and withholding tax returns.
• Positive feedback from internal stakeholders on financial reporting clarity.
• Development and retention of a skilled accounting team.

Equal Opportunity Statement:

Saudi Gold Refinery welcomes applications from all qualified candidates. Hiring decisions are made based on role requirements, skills, experience, and alignment with Saudization and Vision 2030 priorities.