Manager Accounts

Al Jomaih Energy and Water; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading energy and water company in Riyadh is looking for a Manager – Accounts to oversee accounting operations, including payables and receivables, financial reporting, and compliance. The ideal candidate will possess a Master’s in Accounting or Finance and a minimum of 5-8 years of experience in accounting roles, including 3 in a supervisory capacity. Strong knowledge of IFRS and ERP systems is essential for this position, which plays a crucial role in financial accuracy and audit readiness.

Qualifications

• Master's degree in Accounting or Finance is required.
• 5-8 years of accounting experience, with 3 years in a supervisory role.
• Knowledge of IFRS, Tax, and Zakat applicable in Saudi Arabia.

Responsibilities

• Supervise accounts payable and receivable processes.
• Manage month-end closing activities and financial schedules.
• Lead preparation and review of periodic financial reports.
• Conduct variance analysis and mentor junior accountants.

Skills

Leadership

Accounting principles

IFRS knowledge

ERP systems (Oracle, SAP)

Variance analysis

Microsoft Excel

Education

Master’s in Accounting or Finance

CA, CMA, ACCA

Tools

Oracle

SAP

Job description

Location: Riyadh, Saudi Arabia

Reports to: Financial Controller

Role Overview

The Manager – Accounts will lead the core accounting operations across SPV and O&M entities, with a focus on payables, receivables, statutory and management reporting, bank reconciliations, control accounts, and compliance. This role is instrumental in driving month-end closings, maintaining audit readiness, and ensuring financial accuracy across all ledgers. The Manager will supervise junior accountants and coordinate closely with shared services and project finance teams.

Key Responsibilities

• Supervise end-to-end accounts payable and receivable processes, ensuring accurate posting and timely reconciliations.
• Manage monthly, quarterly, and annual closing activities including accruals, adjustments, and financial schedules.
• Lead the preparation and review of trial balances, ledger accounts, and periodic financial reports.
• Oversee bank reconciliations, daily fund monitoring, and treasury documentation.
• Reconcile control accounts including intercompany, shareholder, and tax-related accounts.
• Prepare management and statutory reporting packs in line with IFRS and ZATCA compliance.
• Support internal and external audits through timely provision of ledgers, schedules, and justifications.
• Oversee petty cash management and employee expense claims in accordance with policy.
• Conduct variance analysis and provide commentary on deviations from budgets or forecasts.
• Mentor and review the work of junior accountants, ensuring accuracy and policy compliance.

• Master’s in Accounting or Finance. CA, CMA, ACCA
• Minimum 5-8 years of experience in accounting roles with at least 3 years in a supervisory position.
• Experience in project-based, infrastructure, or industrial environments preferred.
• Strong knowledge of IFRS, Tax and Zakat applicable in the Kingdom of Saudi Arabia.
• Strong command over ERP systems (Oracle, SAP) and Microsoft Excel.
• Knowledge of statutory reporting, bank reconciliations, and audit processes.