Chief Accountant (Saudi National Only)

Faena The Red Sea; Saudi Arabia; On-site; SAR 210,000 - 350,000; Full time

Job summary

Faena The Red Sea seeks a Chief Accountant to oversee daily accounting, ensure IFRS-compliant reporting, and lead the accounting team. You will manage the general ledger, month-end close, tax compliance, and internal controls while supporting audits and strategic finance decisions.

You will collaborate with banks, auditors and management to deliver accurate financial narratives and timely disclosures in a fast-paced hospitality environment in Saudi Arabia.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• CPA/ACCA/CMA certification preferred.
• 5-8 years of progressive accounting experience with supervisory or senior-level responsibility.
• Strong knowledge of IFRS/GAAP and financial reporting.
• Experience in month-end and year-end closing processes.
• Proficiency in SAP, Oracle NetSuite or similar ERP systems.
• Advanced Excel for financial analysis and reporting.

Responsibilities

• Oversee all accounting operations, including general ledger, accounts payable, and accounts receivable.
• Ensure accurate month-end, quarter-end, and year-end closings.
• Prepare and review financial statements and management reports.
• Maintain IFRS compliance and company policies.
• Supervise and develop the accounting team.
• Coordinate internal and external audits and tax reporting.

Skills

Financial reporting

Leadership

Analytical thinking

Attention to detail

Time management

Communication skills

Education

Bachelor's degree in Accounting/Finance

CPA/ACCA/CMA certification preferred

Tools

SAP

Oracle NetSuite

Excel

Job description

Company Description

Join a hotel that is a member of the Accor network, whose group brings together more than 45 brands, 5,500 hotels, 10,000 restaurants and lifestyle destinations. Here, we believe in you and what you bring to the table. There are many opportunities for development and advancement. Every gesture, every smile, every action, contributes to creating a positive and memorable impact for our customers, our colleagues and also for our planet. Together, we embody the vision of responsible hospitality.

Take the opportunity to become a Heartist, and let your heart guide you in this world where life beats faster.

Company Description

Join a hotel that is a member of the Accor network, whose group brings together more than 45 brands, 5,500 hotels, 10,000 restaurants and lifestyle destinations. Here, we believe in you and what you bring to the table. There are many opportunities for development and advancement. Every gesture, every smile, every action, contributes to creating a positive and memorable impact for our customers, our colleagues and also for our planet. Together, we embody the vision of responsible hospitality.

Take the opportunity to become a Heartist, and let your heart guide you in this world where life beats faster.

Job Description

JOB OVERVIEW

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 receivable
• Ensure 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 policies
• Supervise and support the accounting team in daily operations
• Reconcile bank accounts and balance sheet accounts regularly
• Monitor cash flow, expenses, and financial transactions
• Ensure accurate recording and classification of financial data
• Coordinate and support internal and external audits
• Prepare tax reports and ensure timely filing and compliance
• Develop and implement internal controls to safeguard company assets
• Review payroll accounting and related financial entries
• Assist in budgeting and forecasting processes
• Identify and resolve accounting discrepancies and issues
• Ensure proper documentation and record-keeping of all financial transactions
• Liaise with banks, auditors, and regulatory authorities when required
• Support financial analysis and provide insights to management for decision-making

Qualifications

Qualifications desired.

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

Additional Information

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