Accounting Specialist

AREEB; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading company in financial services is seeking an Accounting Specialist to manage and reconcile sales-related transactions. You will lead cash management operations, ensure compliance with IFRS standards, and collaborate across departments. This role requires a bachelor’s degree in Accounting or Finance and 2-4 years of relevant experience, preferably in hospitality. Proficiency in accounting software is essential.

Qualifications

• 2-4 years of experience in accounting with a focus on sales accounting.
• Experience in hospitality or F&B is preferred.
• Familiarity with IFRS standards and local tax regulations.

Responsibilities

• Manage the accounting operations related to sales and cash management.
• Prepare financial reports and ensure compliance with company policies.
• Support month-end and year-end closing activities.

Skills

Sales accounting

Cash management

Process improvement

Team leadership

Education

Bachelor’s degree in Accounting or Finance

Tools

SAP

Oracle

QuickBooks

Xero

POS systems

Microsoft Excel

Job description

Overview

On Behalf of Our Clint , we are looking for Accounting Specialist .

Job Summary :

The Accounting Specialist plays a critical role in managing and reconciling all sales-related financial transactions and ensuring accurate cash handling procedures. This position is responsible for recording sales revenue, managing cash receipts and disbursements, performing daily reconciliations, and contributing to the overall financial integrity of the company, with a particular focus on revenue streams and liquid assets.

Responsibilities

• Lead and manage the accounting operations related to sales and cash management.
• Accurately record daily sales transactions, discounts, and returns in the accounting system.
• Perform daily, weekly, and monthly reconciliations for sales, cash, and bank accounts.
• Oversee cash handling procedures and ensure compliance with company policies.
• Prepare financial reports on sales performance and cash balances for management.
• Collaborate with sales, operations, and suppliers to resolve discrepancies.
• Ensure compliance with IFRS standards and local tax regulations (VAT).
• Support month-end and year-end closing activities.
• Leadership Provide guidance and support to team members in accounting-related tasks.
• Foster a culture of accuracy, integrity, and accountability within the finance team.
• Identify opportunities for process improvement and implement efficient solutions.
• Collaborate cross-functionally to enhance communication and workflow between departments.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• Experience: 2–4 years of experience in accounting, with a strong focus on sales accounting and cash management (experience in hospitality or F&B is preferred).
• Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks, Xero).
• Strong knowledge of POS systems and experience in data extraction and reconciliation.
• Advanced Microsoft Excel skills (Pivot Tables, VLOOKUP, etc.).
• Familiarity with IFRS standards and local tax regulations (VAT).