Senior Accountant

Confidential; Saudi Arabia; On-site; SAR 180,000 - 240,000; Full time

Job summary

Confidential in Saudi Arabia seeks a capable Finance Professional to lead the closing processes and consolidate IFRS/GAAP reporting, ensuring accurate statements and timely delivery. The role requires 2–4 years of experience, a relevant degree, and strong ERP skills (Oracle, SAP, Microsoft Dynamics 365) along with advanced Excel.

You will mentor junior staff and collaborate with the Finance Director on strategic initiatives.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 2–4 years of experience in accounting/finance.
• Saudi nationality preferred.

Responsibilities

• Lead end-to-end month-end, quarter-end, and year-end closing activities.
• Prepare, review, and record complex journal entries, accruals, prepayments, and fixed asset schedules.
• Consolidate financial data and prepare balance sheet, P&L, and cash flow statements per IFRS/GAAP.
• Conduct monthly variance analysis and present insights to management.
• Maintain internal control procedures and coordinate audits.
• Oversee VAT and corporate tax filings and other tax compliance.
• Perform monthly reconciliations of balance sheet and bank accounts.
• Mentor junior staff and support process improvements.

Skills

Advanced Excel

Leadership/mentoring

VAT compliance

Financial modeling

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Oracle

SAP

Microsoft Dynamics 365

Job description

About the job

Key Responsibilities

Financial Operations & Reporting

• Lead the end-to-end month-end, quarter-end, and year-end closing activities to ensure timely and accurate financial statements.
• Prepare, review, and record complex journal entries, accruals, prepayments, and fixed asset schedules.
• Consolidate financial data and prepare comprehensive balance sheet, profit and loss (P&L), and cash flow statements in accordance with IFRS / GAAP standards.
• Conduct monthly variance analysis comparing actual financial performance against budgets and forecasts, presenting actionable insights to management.

Compliance, Internal Controls & Audit Management

• Maintain and enforce rigorous internal control procedures to safeguard company assets and ensure regulatory compliance.
• Lead the preparation of working papers and schedules for internal and external statutory audits, serving as the primary point of contact for external auditors.
• Oversee statutory tax filings, including VAT / Sales Tax, Corporate Tax, and withholding taxes, ensuring strict adherence to local regulatory timelines.
• Perform monthly balance sheet reconciliations and bank reconciliations, resolving discrepancies proactively.

Cash Flow & Treasury Support

• Monitor working capital, cash inflows/outflows, and assist in cash flow forecasting.
• Review and approve Accounts Payable (AP) schedules and Accounts Receivable (AR) aging reports to optimize liquidity.

Process Optimization & Leadership

• Evaluate current accounting software and workflows, identifying opportunities to automate routine tasks and improve process efficiency.
• Mentor and review the work of Junior Accountants and Accounting Clerks, fostering a high-performance team environment.
• Support ad-hoc financial analysis and strategic projects as requested by the Finance Director/Manager.

Required Qualifications

• Bachelor's degree in Accounting , Finance , or any other related feild.
• 2 - 4 years of Experience in the same field.
• Saudi Nationality Preferred.

Technical Skills:

• Proficiency with major Enterprise Resource Planning (ERP) systems (e.g., Oracle, SAP, Microsoft Dynamics 365).
• Advanced Microsoft Excel skills (VLOOKUP, INDEX/MATCH, Pivot Tables, financial modeling).
• Strong working knowledge of local tax laws, VAT compliance, and statutory reporting frameworks.