Accounting Senior Specialist

Saudi Contractors Authority الهيئة السعودية للمقاولين; Riyadh; On-site; SAR 120,000 - 150,000; Full time

Job summary

A leading construction authority in Saudi Arabia seeks an experienced finance professional to manage the General Ledger and oversee accounts payable and receivable. Ideal candidates will have a bachelor’s degree in Accounting and 4-6 years of experience in financial roles. Responsibilities include preparing journal entries, maintaining financial documents, and ensuring compliance with accounting standards. This role offers a competitive salary in a dynamic organization.

Qualifications

• 4-6 years of relevant experience in accounting or finance.
• Strong understanding of general ledger and financial statements.
• Experience in accounts payable and receivable management.

Responsibilities

• Support management of General Ledger, accounts payable, and accounts receivable.
• Prepare journal and accrual entries as needed.
• Ensure accurate filing and documentation of financial expenditure.

Skills

Financial document handling

General Ledger management

Account reconciliation

Accounts payable processing

Education

Bachelor's degree in Accounting

Job description

• Support the management of the General Ledger, accounts payable, accounts receivable, and fixed asset activities for SCA.
• Maintain the Chart of Accounts, periodically reviewing and recommending relevant updates in accordance with the needs of SCA.
• Prepare journal entries, accrual entries, recurring entries, as well as adjusting entries periodically.
• Assist in monthly, quarterly, and end-of-year closing activities.
• Perform reconciliations of all accounts between the GL and the sub-ledgers.
• Handle and organize all financial documents (invoices, payment vouchers, archiving, and filing).
• Process invoices for payment disbursement (by the treasury team) in accordance with defined processes.
• Ensure accurate documentation and filing of all expenditures, including any soft-filing for official documentation.
• Prepare accounts payable schedules revealing payment processing performance, adherence to payment terms, and variances.
• Monitor petty cash and communicate payment orders to the Treasury team.
• Process cash/billing, receivables invoices, and perform follow-ups.
• Identify provisions for doubtful debts and bad debt write-offs in line with appropriate accounting standards.
• Prepare aging reports on a monthly basis to monitor client balances and identify outstanding dues.
• Update and maintain the fixed assets register periodically (acquisition, depreciation, transfer, disposal, etc.).
• Conduct periodic physical asset counts.

About you

The ideal candidate must have a bachelor’s degree in Accounting, with 4-6 years of related experience.