Area Chief Accountant

Burjline Builders; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A hospitality management firm in Riyadh is seeking an experienced Accounting Manager to oversee accounting operations across multiple locations. The ideal candidate will have a strong background in accounting with at least 5-7 years of managerial experience, excellent leadership skills, and proficiency in financial software. Responsibilities include financial reporting, compliance, team leadership, and budget management. This is an onsite role offering an opportunity to shape efficient financial practices.

Qualifications

• Minimum 5-7 years of experience in accounting or finance, focusing on managerial roles, preferably within the hospitality sector.

Responsibilities

• Manage the overall accounting operations at various hospitality locations.
• Prepare and present accurate financial statements and reports to the Director of Finance.
• Ensure compliance with applicable accounting standards and internal policies.
• Lead and mentor the accounting teams providing guidance and support.
• Assist in the preparation and monitoring of budgets for each location.
• Monitor cash flow and working capital across locations.
• Develop and implement robust internal controls and accounting policies.
• Identify and recommend improvements to accounting processes.
• Conduct financial analyses to support decision-making.
• Stay updated on industry trends and regulatory changes.

Skills

Leadership Skills

Analytical Skills

Attention to Detail

Communication

Organizational Skills

Problem-Solving

Team Collaboration

Education

Bachelor’s degree in accounting, finance, or a related field

Master’s degree or MBA

Relevant certifications (e.g., CPA, CMA)

Tools

Accounting software

Financial management systems

Microsoft Excel

Power BI

Job description

Key Responsibilities

• Accounting Oversight: Manage the overall accounting operations at various hospitality locations, including general ledger, accounts payable, accounts receivable, payroll, and financial reporting.
• Financial Reporting: Prepare and present accurate financial statements, reports, and analyses, including monthly and annual financial results, to the Director of Finance.
• Compliance: Ensure compliance with applicable accounting standards (GAAP / IFRS), tax regulations, and internal policies, supporting audits as necessary.
• Team Leadership: Lead and mentor the accounting teams at each location, providing guidance and support in all accounting functions while fostering a collaborative and high-performance culture.
• Budget Management: Assist in the preparation and monitoring of budgets for each location, providing variance analyses and recommendations for cost control.
• Cash Flow Management: Monitor cash flow and working capital across locations, providing insights to optimize liquidity and financial stability.
• Internal Controls: Develop and implement robust internal controls and accounting policies to safeguard company assets and ensure the accuracy of financial reporting.
• Process Improvement: Identify and recommend improvements to accounting processes to enhance efficiency and effectiveness within the accounting function across locations.
• Financial Analysis: Conduct financial analyses to support decision-making, including profitability analyses, cost-benefit analyses, and financial forecasting.
• Continuous Improvement: Stay updated on industry trends, regulatory changes, and best practices in accounting, applying new knowledge to improve processes and outcomes.

Core Skills

• Leadership Skills: Strong leadership skills to guide and develop the accounting teams effectively.
• Analytical Skills: Excellent analytical skills to interpret complex financial data and provide actionable insights.
• Attention to Detail: High level of accuracy and attention to detail in financial reporting and accounting practices.
• Communication: Excellent written and verbal communication skills, capable of presenting financial information clearly to various stakeholders.
• Organizational Skills: Strong organizational skills to manage multiple tasks and prioritize effectively.
• Problem-Solving: Proven ability to identify accounting issues and develop effective solutions.
• Team Collaboration: Ability to work collaboratively with cross-functional teams to enhance financial operations.

Key Result Areas (KRAs)

• Financial Accuracy: Ensure high accuracy in financial reporting and compliance with accounting standards.
• Timely Reporting: Provide timely and accurate financial reports to the Director of Finance.
• Team Development: Foster a high-performing accounting team through effective leadership and mentoring.
• Operational Insights: Deliver actionable insights that support effective financial decision-making and organizational performance.
• Process Improvement: Identify and implement improvements to accounting processes to enhance efficiency and effectiveness.

Qualifications

• Bachelor’s degree in accounting, finance, or a related field.
• Master’s degree or MBA preferred.
• Relevant certifications (e.g., CPA, CMA) are highly desirable.
• Minimum 5-7 years of experience in accounting or finance, with a focus on managerial roles, preferably within the hospitality sector.
• Proficiency in accounting software and financial management systems.
• Strong Microsoft Excel skills or Power BI for financial analysis and reporting.