Senior Accountant Financial Reporting

Red Sea Gateway Terminal; Jeddah; On-site; SAR 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Accountant Financial Reporting to enhance financial accuracy and compliance across its operations. This pivotal role involves overseeing journal entries, ensuring timely month-end closes, and supporting external audits. The ideal candidate will possess a strong technical understanding of IFRS and VAT regulations, along with excellent analytical and stakeholder management skills. Join a dynamic team where your contributions will drive operational excellence and transparency in financial reporting, making a significant impact on the organization's success.

Qualifications

• Bachelor's degree in Accounting or Finance; CPA/CA/ACCA preferred.
• Strong understanding of IFRS and VAT/WHT regulations.

Responsibilities

• Oversee journal entries and maintain ledger integrity.
• Ensure timely month-end closes and produce financial statements.
• Manage reconciliations and support statutory compliance.

Skills

Analytical Skills

Stakeholder Management

Communication

ERP Systems

Reporting Automation Tools

Education

Bachelor’s degree in Accounting

CPA/CA/ACCA

Tools

SAP

Oracle

Power BI

Job description

About the Company:

• Red Sea Gateway Terminal International is a leading group in the ports and terminals sector, committed to driving operational excellence, innovation, and sustainable growth. As part of our ongoing expansion and focus on robust governance, we are seeking a seasoned Senior Accountant Financial Reporting with specialized experience in container and multi-purpose port operations, control frameworks.

Position Overview:

• The Senior Accountant Financial Reporting plays a vital role in ensuring financial records' accuracy, timeliness, and compliance across all RSGT Business Units . This role drives standardization of accounting processes, supports external audits, and enables transparency and reporting alignment between SSC, BU Finance, and Corporate Finance stakeholders. It ensures financial integrity while enhancing process efficiency through automation and control discipline

Key Responsibilities:

General Ledger and Transaction Accuracy:

• Oversee journal entries, intercompany transactions, accruals, and overall ledger hygiene to ensure financial precision.
• Maintain general ledger integrity aligned with corporate accounting policies and compliance expectations.

Month-End Close & Financial Reporting

• Ensure timely and accurate month-end closes for supported entities.
• Reconcile key accounts and produce first-draft financial statements in line with Group Finance timelines.
• Coordinate with BU Finance for review and sign-off processes.

Statutory Compliance & Audit Support

• Prepare statutory draft reports and supporting documentation for internal and external audits.
• Ensure compliance with external reporting requirements, including VAT, WHT, and ZATCA submissions.
• Support audit responses, including special audit requests and regulatory reviews.

Balance Sheet and P&L Reconciliations

• Manage reconciliations across all Balance Sheet and Profit & Loss accounts.
• Deliver variance analyses, monthly proof sheets, and resolution of reconciliation discrepancies.

Cost Reporting & Management Accounts

• Support cost center allocations and develop accurate departmental cost reports (Actuals vs Budget).
• Produce the first draft of monthly management accounts: P&L, balance sheet, and cash flow.
• Contribute inputs to Strategic Management Meetings (SMM), leadership dashboards, and concession reports.

Fixed Assets and Inventory Tracking

• Manage asset registration, depreciation schedules, and fixed asset sub-ledger closing.
• Monitor manual updates, asset disposal tracking, and concession-related asset documentation.

Regulatory Tax Compliance (VAT, WHT, ZATCA)

• Support compliance filing, record maintenance, and documentation for VAT and WHT.
• Assist with responses to ZATCA inquiries, tax assessments, and special audits.

Cross-Functional Coordination

• Act as a key liaison between SSC, BU Finance, and Group Finance on all R2R matters.
• Ensure seamless collaboration on financial close, tax reporting, audit planning, and statutory reporting.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field; CPA/CA/ACCA preferred.
• Strong technical understanding of IFRS, VAT/WHT regulations, and audit requirements.
• Proven ability to lead financial close processes and statutory reporting cycles across multiple entities.

Skills:

• Strong analytical skills.
• Stakeholder management.
• Communication & Interpersonal.
• ERP systems and reporting automation tools (e.g., SAP, Oracle, Power BI).