Chief Accountant

Confidential

Riyadh

On-site

SAR 240,000 - 360,000

Full time

3 days ago
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Job summary

Confidential is seeking a Chief Accountant to own the accounting function, enforce IFRS/GAAP compliance, and deliver accurate financial statements. You will drive internal controls, lead the finance team, and partner with leadership to provide actionable insights.

The role focuses on governance, process improvement, and ensuring timely reporting across the organization in a fast-paced environment. Strong English and Arabic skills are valued.

Qualifications

  • 7+ years accounting experience including management experience.
  • Strong knowledge of GAAP, IFRS, and financial reporting standards.
  • Experience with ERP systems and external audits.

Responsibilities

  • Oversee the General Ledger, AP, AR, cash, and fixed assets.
  • Lead month-end, quarter-end, and year-end closing activities.
  • Coordinate external audits and manage statutory reporting.
  • Develop and implement strong internal controls and policies.
  • Provide insights to leadership through financial analysis.
  • Lead and grow the accounting team.

Skills

GAAP & IFRS
Financial reporting
ERP systems (SAP/Oracle)
Leadership & people development
Internal controls
Audit coordination
Excel advanced

Education

Bachelor's degree in Accounting/Finance
CPA/CMA preferred

Tools

SAP
Oracle ERP
Excel

Job description

Lead the numbers. Strengthen the business. Shape what's next.

Are you an experienced accounting professional who sees beyond the numbers?

We're looking for a Chief Accountant to take ownership of our accounting function, drive financial accuracy and compliance, and help turn financial data into meaningful business insight.

This is more than a financial reporting role. You'll be a key player in strengthening financial governance, improving processes, developing people, and supporting management with the information they need to make confident decisions.

What You'll Be Doing:
  • Oversee the General Ledger, Accounts Payable, Accounts Receivable, cash, and fixed assets.
  • Ensure transactions are recorded accurately and in line with approved accounting policies.
  • Lead month-end, quarter-end, and year-end closing activities and ensure deadlines are consistently achieved.
  • Review journal entries, reconciliations, schedules, accruals, provisions, prepayments, revenue, and expense recognition.
  • Manage intercompany accounting, reconciliations, and eliminations where applicable.
  • Ensure the integrity and completeness of financial data throughout the accounting cycle.
  • Prepare and review monthly, quarterly, and annual financial statements in accordance with IFRS or applicable accounting standards.
  • Ensure compliance with local tax laws, VAT regulations, and statutory reporting requirements.
  • Coordinate external audits, provide supporting documentation, and drive timely resolution of audit findings.
  • Oversee the preparation and submission of tax returns, VAT filings, and regulatory reports.
  • Maintain and continuously update accounting policies and ensure consistent application across the organization.
  • Monitor changes in accounting standards and regulations and assess their impact on the business.
  • Establish, implement, and monitor effective internal financial controls.
  • Identify control gaps, compliance risks, and process inefficiencies.
  • Support internal audits and ensure corrective actions are implemented on time.
  • Strengthen accounting procedures, workflows, and documentation.
  • Ensure appropriate segregation of duties across the finance function.
  • Support fraud prevention initiatives and promote a culture of integrity and ethical accounting.
  • Lead the annual budgeting process and ensure alignment with strategic objectives.
  • Support forecasting, financial planning, and resource allocation.
  • Monitor budget performance, investigate variances, and recommend corrective actions.
  • Provide financial analysis, management reports, and meaningful explanations to support business decisions.
  • Translate complex financial information into clear, actionable insights for both financial and non-financial stakeholders.
  • Lead, mentor, and develop the accounting team.
  • Allocate responsibilities effectively and establish clear performance expectations.
  • Provide technical guidance and training on accounting standards and best practices.
  • Promote effective workload management and prioritization.
  • Partner with other departments to resolve accounting issues and support operational needs.
  • Work closely with Finance leadership and senior management to support strategic decision-making.
  • Continuously review accounting processes, systems, and procedures to identify opportunities for improvement.
  • Drive initiatives that increase efficiency, accuracy, transparency, and control.
  • Support the implementation and adoption of new accounting technologies and systems.
  • Reduce unnecessary manual processes through automation and smarter ways of working.
  • Contribute to the continuous development and modernization of the Finance function.
What You Bring to the Table:
  • Bachelor's degree in accounting, Finance, or a related field.
  • CPA, CMA, or equivalent professional certification is highly preferred.
  • 7+ years of accounting experience, including at least 2 years in a managerial or supervisory position.
  • Strong experience in financial reporting, external audits, statutory compliance, and financial controls.
  • Experience working within a structured finance environment and using ERP systems.
  • Advanced Microsoft Excel skills, including financial modelling, pivot tables, reconciliations, and data analysis.
  • Strong knowledge of accounting software and ERP environments.
  • Experience with financial reporting and consolidation tools is an advantage.
  • Solid understanding of financial systems, reporting processes, and accounting technology.
  • Strong written and verbal communication skills in both English and Arabic.
  • Deep knowledge of GAAP, IFRS, and financial reporting standards.
  • Strong leadership and people-development skills.
  • Excellent analytical and problem-solving abilities.
  • Exceptional attention to detail and commitment to accuracy.
  • Strong organizational skills and the ability to manage multiple priorities.
  • The confidence to work under pressure and deliver against tight deadlines.
  • The ability to communicate financial information clearly to senior leaders and non-financial stakeholders.
  • A proactive mindset and a genuine appetite for continuous improvement.
  • Strategic thinking, commercial awareness, and the ability to turn financial information into business action.
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