Chief Accountant

Fisheye - Executive Search; Jeddah; On-site; SAR 240,000 - 360,000; Full time

Job summary

Unknown Healthcare Co. seeks a Chief Accountant in Saudi Arabia to own month-end close, balance-sheet control, IFRS compliance, and audit readiness. Based in Jeddah or Khobar, you will oversee close processes, GL reviews, and reconciliations in SAP.

You will guide accounting staff, collaborate with Finance teams, and ensure accurate financial reporting and internal controls across the group.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• Professional qualification (SOCPA/CPA/ACCA/CMA or equivalent) preferred.
• 7–10 years of accounting experience, including at least 3 years in a senior/supervisory role.
• Strong experience in month-end closing, reconciliations, and audit support.
• Hands-on SAP/ERP experience and advanced Excel skills.
• Fluent in Arabic and English; based in or willing to relocate to Khobar or Jeddah.

Responsibilities

• Lead monthly, quarterly, and year-end close activities, ensuring TB accuracy.
• Review GL postings, accruals, provisions, revenue, COGS, and reconciliations.
• Ensure transactions are recorded to the correct entity, cost centre, and reporting dimension in SAP/ERP.
• Maintain control over AR/AP interfaces, clearing accounts, suspense items, and aged balances.
• Support preparation of P&L, Balance Sheet, and management reporting with variance explanations.
• Coordinate with Credit, Procurement, Supply Chain to resolve issues.
• Maintain audit-ready documentation and ensure IFRS compliance and controls.
• Lead and develop accounting staff; drive process improvements.

Skills

Month-end close

Trial Balance

Reconciliations

IFRS compliance

Audit support

Team leadership

Education

Bachelor's degree in Accounting/Finance

SOCPA/CPA/ACCA/CMA or equivalent (preferred)

Tools

SAP/ERP

Advanced Excel

Job description

We're hiring Chief Accountants on behalf of a leading healthcare distribution company in Saudi Arabia, with openings in both Khobar and Jeddah.

This role owns the accuracy, completeness, and timely closure of the company's accounting records - from month-end close through balance-sheet control, compliant accounting treatment, and the broader finance-control and audit agenda.

Key Responsibilities

• Lead monthly, quarterly, and year-end close activities, ensuring the accuracy of the Trial Balance and supporting schedules.
• Review General Ledger postings, accruals, provisions, revenue, COGS, inventory accounting, and key balance-sheet reconciliations.
• Ensure transactions are recorded to the correct entity, account, cost/profit centre, and reporting dimension in SAP/ERP.
• Maintain strong control over AR/AP accounting interfaces, clearing accounts, suspense items, and aged reconciling balances.
• Support preparation of P&L, Balance Sheet, and management reporting, including clear explanations for material accounting variances.
• Coordinate with Credit, Procurement, Supply Chain, and other finance teams to resolve accounting and reconciliation issues.
• Maintain audit-ready documentation, support internal/external audit requirements, and ensure compliance with company policies, IFRS, and applicable financial controls.
• Lead and develop assigned accounting staff, allocate close responsibilities, and drive continuous improvement in accounting processes and controls.

What We're Looking For

• Bachelor's degree in Accounting, Finance, or a related field; professional qualification (SOCPA/CPA/ACCA/CMA or equivalent) is preferred.
• 7-10 years of relevant accounting experience, including at least 3 years in a senior or supervisory role.
• Strong experience in month-end closing, Trial Balance management, reconciliations, inventory accounting, and audit support.
• Hands-on SAP/ERP experience and advanced Excel skills.
• Fluent in Arabic and English; based in or willing to relocate to Khobar or Jeddah.

Nice to Have

• Prior experience in distribution, healthcare, pharmaceutical, or high-volume B2B environments.
• Experience supporting finance transformation or business-separation activities (opening balances, system configuration, reporting readiness).