Senior Accountant

Confidential; Riyadh; On-site; SAR 100,000 - 140,000; Full time

Job summary

Confidential in Riyadh, Saudi Arabia seeks an experienced Accountant to manage daily accounting activities, maintain accurate records, and prepare timely financial reports in line with corporate policies and local regulations.

Responsibilities include general accounting, AP/AR, bank reconciliations, tax compliance (VAT, ZATCA), fixed assets, inventory, and robust internal controls, with a focus on accuracy and independence.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• Minimum 5 years of relevant accounting experience.
• Experience in general accounting, AP, AR, reconciliations, and financial reporting.
• Knowledge of VAT and ZATCA requirements in Saudi Arabia.
• Experience with ERP/accounting systems; Oracle is an advantage.
• Strong Microsoft Excel and financial reporting skills.
• Excellent attention to detail and analytical problem solving.
• Good command of English; Arabic is an advantage.

Responsibilities

• Record and maintain daily accounting transactions.
• Prepare and post journal entries and ensure proper classification.
• Maintain and reconcile the general ledger and subsidiary accounts.
• Perform monthly and year-end closing activities.
• Prepare account reconciliations and investigate discrepancies.
• Ensure all records are complete, accurate, and documented.
• Review supplier invoices and payment requests; monitor payable balances.
• Prepare customer invoices and receivables; monitor collections.
• Conduct bank reconciliations and monitor cash transactions.
• Prepare monthly financial reports and assist in financial statements.
• Support budgeting, forecasting, and management reporting.
• Ensure VAT and other tax reporting compliance; support audits.
• Maintain fixed asset records and oversee inventory reconciliations.
• Uphold internal controls and confidentiality of information.

Skills

General accounting

Accounts payable

Accounts receivable

Reconciliations

Financial reporting

Excel

ERP systems

Oracle

VAT knowledge

Education

Bachelor's degree

Tools

ERP systems

Oracle

Job description

The accountant is responsible for managing daily accounting activities, maintaining accurate financial records, preparing financial reports, and ensuring compliance with company policies, accounting standards, and applicable regulations. The role requires strong analytical skills, attention to detail, and the ability to manage accounting operations independently.

Key Responsibilities

1. General Accounting

• Record and maintain accurate daily accounting transactions.
• Prepare and post journal entries and ensure proper account classification.
• Maintain and reconcile the general ledger and subsidiary accounts.
• Perform monthly and year-end closing activities.
• Prepare account reconciliations and investigate discrepancies.
• Ensure all accounting records are complete, accurate, and properly documented.

2. Accounts Payable & Receivable

• Review and process supplier invoices and payment requests.
• Monitor accounts payable balances and payment schedules.
• Prepare and follow up on customer invoices and receivables.
• Monitor outstanding receivables and support collection activities.
• Reconcile customer and supplier accounts.

3. Bank & Cash Management

• Perform regular bank reconciliations.
• Monitor cash transactions and ensure accurate recording.
• Verify bank transactions and investigate any discrepancies.
• Maintain proper documentation for cash and bank transactions.
• Prepare monthly financial reports and accounting schedules.
• Assist in preparing financial statements and management reports.
• Provide financial data and analysis to management when required.
• Support budgeting and forecasting activities.

5. Tax & Compliance

• Ensure accounting transactions comply with applicable accounting policies and regulations.
• Support VAT and other tax-related reporting and reconciliation requirements.
• Maintain accurate records and documentation for tax and financial audits.
• Assist with internal and external audit requirements.

6. Fixed Assets & Inventory

• Maintain accurate fixed asset records and schedules.
• Record acquisitions, disposals, depreciation, and transfers of assets.
• Support periodic inventory counts and reconciliations.
• Investigate and report inventory discrepancies.

7. Internal Controls

• Ensure compliance with financial policies, procedures, and internal controls.
• Identify accounting discrepancies, risks, and control weaknesses.
• Recommend improvements to accounting processes and controls.
• Maintain confidentiality of financial and company information.

Qualifications & Experience

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum 5 years of relevant accounting experience.
• Experience in general accounting, accounts payable, accounts receivable, reconciliations, and financial reporting.
• Good knowledge of accounting principles and financial controls.
• Experience with ERP/accounting systems; knowledge of Oracle is an advantage.
• Good knowledge of Microsoft Excel and financial reporting tools.
• Knowledge of VAT and ZATCA requirements in Saudi Arabia is preferred.
• Strong analytical and problem-solving skills.
• Excellent attention to detail.
• Good command of English; Arabic is an advantage.