Accounting Manager

MSD; Riyadh Region; Presencial; SAR 240.000 - 420.000; Jornada completa

Descripción de la vacante

Merck & Co., Inc. in Saudi Arabia seeks an Accounting Manager to lead the local accounting team and ensure accurate financial reporting. You will implement robust controls and coordinate with global finance partners to support decision making.

Key responsibilities include monthly close, US GAAP reporting to Europe and the US consolidation team, audit support, and managing working capital. Strong ERP and leadership skills are required for success.

Formación

• Qualified or pursuing chartered accountant with strong financial controls.
• At least 5 years in accounting/finance functions with 2+ years in people management.
• Pharmaceutical industry experience preferred but not required.

Responsabilidades

• Lead monthly close and US GAAP reporting to Europe and the US consolidation team.
• Ensure SOX compliance and internal controls in all processes.
• Support external auditors during the annual statutory audit.
• Oversee working capital optimization and disbursement processes.
• Guide and develop the accounting team and coordinate with cross-functional partners.

Conocimientos

Big 4 experience

SAP FI

Excel advanced

People management

English fluency

Educación

Chartered Accountant / CPA

MBA in Finance

Master’s in accounting

Herramientas

SAP FI

Microsoft Excel

Descripción del empleo

Job Purpose

The Accounting Manager leads and oversees the accounting team of Saudi Arabia and function, ensuring the accuracy, integrity, and timeliness of financial records and reporting. The role is responsible for establishing, implementing, and maintaining effective accounting processes and controls for the collection, analysis, verification, and reporting of financial information. In addition, the Accounting Manager collaborates closely with the broader finance leadership team to support sound financial decision-making, compliance, and the achievement of organizational objectives.

Duties and Responsibilities

• Ensure timely and accurate recording of financial transactions and perform monthly closing activities to report US GAAP financials to Regional Management in Europe and the consolidation team in the United States.
• Perform and/or review periodic account analyses and reconciliations to ensure compliance with internal policies, Sarbanes-Oxley (SOX) requirements, and internal control standards.
• Support external auditors during the annual statutory audit, including preparation of financial statements, supporting documentation, and assistance throughout the audit process.
• Conduct detailed analysis of operating expenses by cost center and division to support financial analysis.
• Act as a key point of contact for internal stakeholders, including shared service centers, internal audit, Group consolidation team, payroll, tax, and treasury.
• Assist the Chief Financial Officer in leading and managing the accounting team.
• Undertake ad hoc tasks and projects as required.

Working Capital Management

• Ensure adequate working capital levels are maintained.
• Monitor and follow up on collections and outstanding customer claims.

Disbursement Functions

• Review disbursement transactions to ensure compliance with financial controls and Foreign Corrupt Practices Act (FCPA) requirements.
• Oversee audit processing of employee expense reimbursements and American Express activity monitoring.
• Manage monthly expense budgets versus actuals, including sponsorship activities and related financial compliance approvals.
• Oversee the monthly accrual process.
• Coordinate with the Shared Service Center for payment processing, including follow-up and timely resolution of issues.
• Identify and resolve disbursement-related issues in a timely manner.

Compliance Tracking and Monitoring

• Collaborate with the Compliance Committee to monitor outliers in marketing activities using internal tools.
• Review items of interest to ensure adequate supporting documentation and appropriate remediation.

Other Responsibilities

• Support the Financial Planning team in headcount and cost center expense analysis.
• Lead the financial business module and Purchase-to-Pay SAP implementation project.
• Achieve financial objectives by forecasting requirements, preparing annual budgets, scheduling expenditures, analyzing variances, and implementing corrective actions.
• Confirm financial status by monitoring revenues and expenses, and coordinating the collection, consolidation, and evaluation of financial data, including the preparation of special reports.
• Maintain accounting controls by establishing a chart of accounts and defining accounting policies and procedures.
• Provide guidance to other departments by interpreting accounting policies and recommending operational improvements.
• Ensure financial security through the implementation of internal controls.
• Ensure compliance with applicable laws and regulations by staying informed of current and proposed legislation and recommending necessary updates to procedures.
• Safeguard organizational value by maintaining strict confidentiality of financial information.
• Contribute to the achievement of organizational objectives by delivering required results as needed.

Skills and Competencies

• Professionally certified or chartered accountant/Holding master’s degree in financial accounting from a recognized international institute, or currently pursuing such certification; an MBA in Finance with relevant experience is also desirable.
• Minimum of 5 years’ relevant experience in an accounting or finance function along with at least 2 years of experience as people manager.
• Experience in the pharmaceutical industry is preferred but not mandatory.
• Strong project management capabilities, with the ability to manage multiple priorities and meet strict deadlines.
• Demonstrated experience working within a matrix organization.
• Fluency in English, both written and spoken; knowledge of Arabic is an advantage.
• Previous experience with a Big 4 firm is highly desirable.
• Strong sense of ownership, urgency, and a proactive approach.
• Proficiency in ERP systems, preferably SAP (FI), and advanced skills in Microsoft Excel (including PivotTables and macros).
• High attention to detail and willingness to engage with complex data.
• Strong leadership skills, with the ability to manage and support a team in challenging situations.
• Excellent analytical, communication, and interpersonal skills.
• Preferred Saudi National

Required Skills: Accounting Applications, Accounting Applications, Accounting Management, Adaptability, Ad Hoc Reporting, Budget Analysis, Budget Management, Budget Variance Analysis, Chart of Accounts (COA), Compliance Reporting, Credit Management, Credit Risk Assessment, Expense Tracking, External Audit, Financial Accounting Controls, Financial Analysis, Financial Compliance, Financial Controlling, Financial Data Reporting, Financial Forecasting, Financial Oversight, Financial Planning and Analysis (FP&A), Financial Transactions, Internal Financial Control, Managerial Accounting {+ 8 more}

Preferred Skills:

Additional Information

• Employee Status: Regular
• Relocation:
• VISA Sponsorship:
• Travel Requirements:
• Flexible Work Arrangements: Not Applicable
• Shift:
• Valid Driving License:
• Hazardous Material(s):
• Job Posting End Date: 10/15/2026
• * A job posting is effective until 11:59:59PM on the day BEFORE the listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.

Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.