Chief Accountant

MS PHARMA; Riyadh; On-site; USD 60,000 - 90,000; Full time

Job summary

A leading pharmaceutical company is seeking a Senior Finance and Accounting professional to oversee the Accounting, Tax, and Treasury functions. This role entails leading a small team and ensuring the accuracy of financial statements, compliance with regulations, and managing financial reporting processes. The ideal candidate will possess strong accounting skills, advanced knowledge of Saudi tax laws, and experience in the pharmaceutical industry.

Qualifications

• Minimum of 4 years in a Chief Accountant role required.
• Proficiency in written, read and spoken English and Arabic.

Responsibilities

• Lead a team overseeing all Accounting, Controls, and Treasury activities.
• Organize monthly financial closing processes and prepare financial packs.
• Manage internal/external audit processes and tax declarations.

Skills

Accounting

Leadership

Analytical skills

Communication

Treasury Knowledge

Education

Bachelor’s degree in accounting

CA/CPA/ACCA certification

Job description

Job Summary

The incumbent is a Senior Finance and Accounting professional overseeing the Accounting, Tax and Treasury Function of MS Pharma KSA. The role entails leadership of a team of two professionals with the overarching accountability of the accuracy and completeness of MS Pharma KSA’s financial statements. This includes but is not limited to statutory/ legal, IFRS and tax financial accounting, internal controls & compliance with policies and procedures, Treasury operations and internal/ external audit management.

Duties And Responsibilities

• Lead a team of two professionals with accountability of all Accounting, Controls and Treasury activities
• Organize, own and drive the monthly financial closing process in line with policies and procedures adhering to corporate timelines; Financial pack preparation and sign off; frequent interaction with Corporate Controllership
• Oversight of transactional processing of invoices, vouchers etc. including the related account reconciliations and control procedures / SOD
• Ownership of internal/external audit management and external tax service providers
• Ownership of the preparation and filing of tax declarations, tax documentation
• Credit and Collection responsibility, Management of agent incl. reconciliations
• CAPEX tracking/ monitoring and related reporting activities
• Treasury and Bank related activities including cash status, cash flow reporting, bank reconciliations and management; CADs, LC management
• Preparation and review of periodic financial reports (e.g., project reports, bank reconciliations, cash flows, trial balances), ensuring accuracy and completeness
• OPEX tracking
  
  

Professional Knowledge

• Strong Accounting skillset; strong IFRS knowledge
• Advanced Knowledge of Saudi tax law and financial regulations.
• Understanding of internal/external audit processes
• Project Management skillset, demonstrated continuous process improvement skillset
• Full awareness of Corporate Governance principles and regulations
• Knowledge of Customs & Clearance Regulations
• Customs & Clearance Regulations
• Manufacturing Finance / Accounting expertise a plus
• Internal Controls & Compliance experience & expertise
• Pharmaceutical Industry Experience / Business acumen a strong plus
• Demonstrated Treasury Knowledge
  
  

Main Competencies

• Demonstrated technical accounting skills; analytical skills, able to plan, organize and follow up on work
• Excellent leadership, communication and analytical skills
• Strong team player with excellent communication skills
• Proactively take initiatives and demonstrate ownership, drive and continue improvement mindset
• Ability to work with various departments and entities
  
  

Job Requirements

• Bachelor’s degree in accounting, CA/CPA/ACCA certification is a must.
• Minimum years of relevant industry experience with a minimum of 4 years in a Chief Accountant role.
• Proficiency in written, read and spoken English and Arabic.