Chief Accountant

FAENA; Saudi Arabia; On-site; SAR 170,000 - 210,000; Full time

Job summary

FAENA in Saudi Arabia seeks a Chief Accountant to oversee daily accounting operations, ensure accurate financial reporting, and maintain strong financial controls. The role covers general ledger, reconciliations, budgeting support, tax compliance, and financial closing while guiding the accounting team.

You will prepare financial statements, coordinate audits, ensure IFRS/GAAP compliance, and deliver insights to support decision making.

Qualifications

• Bachelor's degree in Accounting/Finance required.
• CPA/ACCA/CMA or equivalent strongly preferred.
• 5–8 years of progressive accounting experience, with supervisory responsibility.
• Solid knowledge of IFRS/GAAP and financial reporting standards.
• Experience with month-end/year-end closing and ERP systems.

Responsibilities

• Oversee general ledger, AP, and AR operations; ensure timely closings.
• Prepare and review financial statements and management reports.
• Maintain IFRS/GAAP compliance and internal controls; oversee audits.
• Coordinate with banks, auditors, and regulators; ensure accurate financial data.
• Support budgeting, forecasting, and financial analysis for decision-making.

Skills

Financial reporting

Leadership

Analytical skills

Attention to detail

Budgeting and forecasting

Audit coordination

Internal controls

Communication skills

Time management

Integrity & confidentiality

Education

Bachelor's degree in Accounting or Finance

CPA/ACCA/CMA or equivalent

Tools

SAP

Oracle NetSuite

Job description

The Chief Accountant oversees daily accounting operations ensuring accurate financial reporting compliance and effective financial controls The role manages general ledger activities reconciliations budgeting support tax compliance and financial closing processes while maintaining accurate records and supporting audits The Chief Accountant also supervises the accounting team and provides financial insights to support business operations and decision-making

DUTIES AND RESPONSIBILITIES

• Oversee all accounting operations including general ledger accounts payable and accounts receivableEnsure accurate and timely month-end quarter-end and year-end closing processes
• Prepare and review financial statements and management reports
• Maintain compliance with accounting standards e g IFRS and company policiesSupervise and support the accounting team in daily operations
• Reconcile bank accounts and balance sheet accounts regularlyMonitor cash flow expenses and financial transactionsEnsure accurate recording and classification of financial data
• Coordinate and support internal and external auditsPrepare tax reports and ensure timely filing and compliance
• Develop and implement internal controls to safeguard company assetsReview payroll accounting and related financial entriesAssist in budgeting and forecasting processes
• Identify and resolve accounting discrepancies and issuesEnsure proper documentation and record-keeping of all financial transactionsLiaise with banks auditors and regulatory authorities when requiredSupport financial analysis and provide insights to management for decision-making

QUALIFICATIONS DESIRED

• Bachelor s degree in Accounting, Finance, or related field
• Professional certification such as CPA, ACCA, CMA, or equivalent is highly preferred
• 5 8 years of progressive accounting experience, with supervisory or senior-level responsibility
• Strong knowledge of accounting principles and financial reporting standards (IFRS/GAAP)
• Experience in month-end and year-end closing processes
• Proficiency in accounting systems and ERP platforms such as SAP, Oracle NetSuite, or similar systems
• Advanced proficiency in Microsoft Excel for financial analysis and reporting

SKILLS

• Strong financial reporting and accounting expertise
• Leadership and team supervision skills
• Excellent analytical and problem-solving abilities
• High attention to detail and accuracy
• Strong knowledge of budgeting, forecasting, and cost control
• Audit coordination and compliance management
• Ability to manage multiple deadlines and priorities
• Strong communication and interpersonal skills
• Organizational and time management skills
• Decision-making and critical thinking abilities
• Integrity and confidentiality in handling financial data
• Ability to improve processes and implement internal controls