Managerial Accountant

India Abroad; Jeddah; On-site; SAR 150,000 - 200,000; Full time

Job summary

A financial services company located in Jeddah is seeking an experienced Managerial Accountant. The ideal candidate will manage financial reporting, develop budgets, and ensure compliance with accounting standards. A Bachelor's degree in Accounting or Finance is required, along with at least 5 years of relevant experience. This role demands strong analytical and communication skills in a fast-paced environment.

Qualifications

• 5+ years experience in managerial accounting role.
• Strong understanding of accounting principles and practices.
• Ability to work independently with minimal supervision.

Responsibilities

• Oversee the preparation of financial statements and reports.
• Develop and maintain budgets and forecasts.
• Conduct financial analysis to identify trends and recommendations.

Skills

Managerial accounting

Financial reporting

Budgeting and forecasting

Analytical skills

Communication skills

Education

Bachelor's degree in Accounting or Finance

Master's degree in Accounting or Finance

Tools

Microsoft Excel

Accounting software

Job description

Overview

Position Summary: We are seeking a highly motivated and experienced Managerial Accountant to join our team in Jeddah, Saudi Arabia. In this role, you will be responsible for managing all financial aspects of our company, including budgeting, forecasting, financial reporting, and analysis. The ideal candidate will have a strong background in managerial accounting and be able to work independently with minimal supervision.

Responsibilities

• Oversee the preparation of financial statements and reports, including balance sheets, income statements, and cash flow statements
• Develop and maintain budgets and forecasts for the company
• Conduct financial analysis to identify trends and make recommendations for cost savings or revenue growth
• Ensure compliance with all accounting standards and regulations
• Manage the day-to-day accounting operations of the company, including accounts payable/receivable and payroll
• Monitor cash flow and manage banking relationships
• Communicate financial information to senior management in a clear and concise manner
• Provide support during annual audits by preparing necessary documents and responding to auditor inquiries
• Develop and maintain internal controls to safeguard company assets
• Train and mentor junior accounting staff as needed

Qualifications

• Bachelor's degree in Accounting or Finance (Master's preferred)
• Minimum of 5 years experience in managerial accounting role
• Strong understanding of accounting principles and practices
• Excellent analytical skills with attention to detail
• Ability to work independently with minimal supervision
• Proficient in Microsoft Excel (experience with accounting software preferred)
• Excellent communication skills (both verbal and written)
• Ability to manage multiple priorities in a fast-paced environment
• Knowledge of Saudi Arabia's tax laws is a plus