Head of Accounting

Prestwick Aerosystems; Riyadh; On-site; SAR 180,000 - 280,000; Full time

Job summary

Airbus Helicopters Arabia for Aircraft Maintenance in Saudi Arabia is seeking an experienced Senior Accountant to lead financial reporting, consolidation, and group submissions, including ICART and FACTS+ formats. You will supervise the accounting team and ensure timely closing and accuracy.

The role requires a Bachelor in Accounting, CPA/SOCPA preferred, 10+ years in accounting, IFRS knowledge, and fluency in English and Arabic.

Qualifications

• Degree in accounting essential; CPA/SOCPA preferred.
• At least 10 years of accounting experience.
• Experience with IFRS and local tax law.
• Strong analytical and reporting skills.
• Excellent communication in English and Arabic.

Responsibilities

• Prepare and consolidate financial statements for group reporting.
• Coordinate annual audits with internal and external teams.
• Oversee monthly, quarterly, year-end closing and treasury tasks.
• Ensure IFRS compliance and tax obligations are met.
• Manage intercompany reconciliations and cross-functional liaison.

Skills

Accounting mastery

Leadership

Analytical thinking

Communication

Bilingual English/Arabic

Education

Bachelor in Accounting

CPA / SOCPA preferable

Tools

SAP

Excel

Job description

Job Description

Job responsibilities: Financials & Reporting Responsible for preparing Financial Statements reports and submitting them in a timely manner. Efficiently prepare and consolidate reports for the purpose of Group reporting (e.g ICART, FACTS+, etc.). Regular coordination and communication with Group Consolidation team. Regularly review JVs and analyze GLs. Ensure that Airbus processes and compliance regulations are in place. Proactively conduct deviation analysis of financial statements on a monthly basis to support local and HO Finance queries.

Coordination for Annual Audits (Internal & External)

Take a lead role in coordinating the Annual Financial Audit. Prepare various statements as requested by auditors. Proactively manage audit schedules and different audit requirements by effectively following up with team members and different departments (e.g. Finance Controller, Operations, Procurement & Logistics Manager, etc.). Effectively communicate and liaise with auditors to organize their meetings with different departments, such as Controlling, Procurement, HR, and Operations and be responsible for bridging any gaps. Support the Tax Manager in finalizing the Annual Income Tax Returns, including identifying revenue, foreign and local purchases, and subcontracting costs.

Supervision of Accounting Operation & Closing Activities

Manage banking payments and treasury matters. Provide guidance and support to the accounting team, overseeing day-to-day operations, reviewing work for accuracy and completeness, and promoting professional development. Be responsible for ensuring timely and accurate monthly, quarterly, and year-end closing by efficiently supervising accounting operations and closely coordinating with the Controlling to book all cost center and project-related expenses and revenues. Participate in payroll projects, withholding tax applications, payable and receivable controls, and monitor cash flow. Have the ability to manage people and create a team that can deliver the desired results. Be supportive in vacation backup and align with the requirements of the time and situation. Support the team by managing ad-hoc requirements assigned by the HO Finance as and when required.

Implementation, Monitoring & Upgrading of Accounting Standards & Process

Effectively understand and implement changes in financial reporting due to changes in organizational structure, and continuously develop and improve accounting and control procedures and policies. Support assignments related to tax assessment and support Tax Manager regarding tax authority requirements. Monitor cash flow, payables, receivables, affiliated companies, and government utilities. Improve accounting/reporting.

Facilitation, Support, Cross Functional & Cross-Country Communication

Monitor and verify intercompany balances, clearing strategies, and inter-company reconciliation with the AR accountant. Coordinate with Group team members from time to time to address any issues and improve the process and procedures. Support the Regional One Roof Finance initiatives.

Qualified Experience, Skills, Demonstrated capabilities

• Minimum of Bachelor degree in accounting.
• CPA, SOCPA is preferable.
• Minimum of 10 years’ experience in accounting with exposure to Local and Multinational cultural environment
• Knowledge of finance, accounting, internal control, compliance, IFRS, Local Taxation and local commercial laws.
• Ability to analyze financial data and prepare financial reports, statements and projections
• Ability to produce quality materials within tight timeframes and simultaneously manage several projects
• Excel and mastering is a must, SAP
• Leadership skills.
• Ability to quickly analyze and interpret data
• Flexible, adaptable, enthusiastic, motivated and self-confident
• Excellent communication skills, with experience in the local and multinational cultural environment.
• Fluent written and spoken English& Arabic.

Company

Company: Airbus Helicopters Arabia for Aircraft Maintenance Employment Type: Fixed term ------- Experience Level: Professional Job Family: Accounting

Airbus is committed to achieving workforce diversity and creating an inclusive working environment. We welcome all applications irrespective of social and cultural background, age, gender, disability, sexual orientation or religious belief. Airbus is, and always has been, committed to equal opportunities for all.

At Airbus, we support you to work, connect and collaborate more easily and flexibly. Wherever possible, we foster flexible working arrangements to stimulate innovative thinking.

Airbus pioneers sustainable aerospace for a safe and united world. The Company constantly innovates to provide efficient and technologically-advanced solutions in aerospace, defence, and connected services. In commercial aircraft, Airbus offers modern and fuel-efficient airliners and associated services. Airbus is also a European leader in defence and security and one of the world's leading space businesses. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions and services worldwide.

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