General Ledger Accountant

Pump Industry; Riyadh Region; On-site; SAR 120,000 - 180,000; Full time

Job summary

A leading company in the pump industry is seeking a Financial Analyst to support business decision-making through detailed financial analysis. The role involves evaluating project costs, maintaining compliance with accounting standards, and preparing financial statements, contributing to the organization's financial health. Suitable candidates should have a Bachelor's degree in Finance or Accounting, strong analytical skills, and relevant experience.

Qualifications

• 3–5 years relevant experience in financial analysis.
• Strong proficiency in advanced Excel functions.
• Knowledge of IFRS or US GAAP, and SOX compliance.

Responsibilities

• Conduct cost and margin analysis for projects.
• Perform monthly reconciliations of balance sheet and P&L.
• Ensure compliance with accounting standards and regulations.

Skills

Financial Analysis

Attention to Detail

Communication

Collaborative Skills

Analytical Mindset

Education

Bachelor’s degree in Finance or Accounting

Tools

Microsoft Excel

ERP systems (e.g., Oracle, SAP)

Microsoft Access

Job description

Role Summary
As a Financial Analyst at Flowserve, you will play a key role in analyzing financial data to support business decision-making. You will be responsible for evaluating project costs, margins, and operational efficiency while maintaining compliance with accounting standards. Your insights will guide strategic planning and contribute to the overall financial health of the organization.

Key Responsibilities
Conduct detailed cost and margin analysis, including project costing, direct charges, and inventory evaluations.

Review and report accurate net backlog values monthly, ensuring alignment with financial targets.

Perform monthly reconciliations of the balance sheet and profit & loss (P&L) statements in accordance with US GAAP and local GAAP.

Ensure compliance with SOX regulations and Flowserve’s Group Accounting Policies.

Support internal and external audits by maintaining proper documentation and financial integrity.

Assist in the preparation of statutory accounts and annual financial statements.

Preferred Qualifications & Skills
Bachelor’s degree in Finance, Accounting, or a related field.

3–5 years of relevant experience, ideally within the manufacturing industry.

Strong proficiency in Microsoft Excel, including advanced functions (e.g., PivotTables, VLOOKUP).

Working knowledge of IFRS or US GAAP, and SOX compliance standards.

Experience using ERP systems (e.g., Oracle, SAP) and consolidated reporting platforms.

Familiarity with Microsoft Access is a plus.

Strong analytical mindset with attention to detail.

Effective communication and collaboration skills across teams and departments.