Senior Accountant

Sidra Capital; Jeddah; On-site; SAR 150,000 - 200,000; Full time

Job summary

A financial services firm in Jeddah is seeking an experienced accountant to ensure accurate financial operations. The ideal candidate will have a Bachelor's degree in Accounting, 7-10 years of experience, and proficiency in IFRS and accounting software. Responsibilities include reconciling accounts, preparing financial statements, and supporting audits. The role offers a chance to contribute to financial efficiency in an inclusive work environment.

Qualifications

• 7–10 years of accounting experience in financial services or investment management.
• Strong understanding of accounting principles and IFRS.
• Proficiency in accounting software.

Responsibilities

• Reconcile general ledger accounts and prepare financial statements.
• Analyze revenues and expenses for accuracy.
• Prepare monthly bank reconciliations and resolve discrepancies.
• Process invoices and expense claims.
• Monitor budgets and recommend efficiency improvements.

Skills

Analytical skills

Organizational skills

Communication skills

Fluent in English

Knowledge of IFRS

Education

Bachelor’s degree in Accounting or Finance

Tools

Microsoft Excel

Oracle

SAP

Job description

Ensure accurate and compliant financial operations by managing accounting records, reconciliations, and reporting across the Group. Support budgeting, tax compliance, and audits while maintaining adherence to IFRS and internal control standards. Contribute to financial efficiency, transparency, and process enhancement.

Responsibilities

• Reconcile general ledger accounts and prepare monthly and annual financial statements.
• Analyze revenues and expenses to ensure accuracy and alignment with accounting principles.
• Prepare and review monthly bank and balance sheet reconciliations, resolving discrepancies.
• Process invoices, expense claims, and payment requests in line with approval protocols.
• Verify, allocate, post, and reconcile accounts payable and receivable transactions.
• Prepare and issue client invoices and manage petty cash disbursements.
• Monitor budgets against actual expenditures and recommend efficiency improvements.
• Prepare withholding tax and VAT filings and assist with related audits.
• Document and maintain internal control procedures and support external audits.
• Generate financial reports, analyze results, and summarize financial performance.
• Recommend enhancements to accounting systems, processes, and financial standards.
• Collaborate with the Financial Manager and Chief Accountant on financial operations.
• Support month-end and year-end closing activities and budget preparation.
• Perform additional accounting and reporting duties as assigned.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field from an accredited institution.
• Minimum of 7–10 years of accounting experience, preferably within financial services or investment management.
• Strong understanding of IFRS and general accounting principles.
• Proficiency in Microsoft Excel and accounting software (e.g., Oracle, SAP, or similar).
• Excellent analytical, organizational, and communication skills.
• Fluency in English; Arabic proficiency is an advantage.

Sidra Capital adheres to Saudi Arabia labor laws and is committed to providing equal opportunities for all candidates, including individuals with disabilities. We foster an inclusive work environment where everyone is respected, supported, and empowered to contribute to our success.