Senior Accountant - KSA

Restore Talent; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading retail and distribution company in Saudi Arabia seeks a Senior Accountant to manage financial accuracy and compliance. The successful candidate will oversee accounting functions and lead tax processes while effectively coordinating with cross-functional teams in a dynamic environment.

Benefits

Medical insurance coverage

Annual leave as per Saudi labor law

Career development opportunities

Qualifications

• Minimum 5 years of experience in retail accounting in Saudi Arabia.
• Fluency in Arabic and English is mandatory.
• Strong knowledge of Saudi tax laws including VAT and Zakat.

Responsibilities

• Oversee general ledger and financial reporting activities.
• Manage inventory accounting and reconciliation processes.
• Ensure compliance with Saudi tax submissions and e-invoicing.

Skills

Inventory Accounting

Saudi Taxation

ERP Systems

Payroll Compliance

Financial Reporting

Education

Bachelor's degree in Accounting or Finance

Tools

ODOO

SAP

Job description

POSITION OVERVIEW:

• We are seeking an experienced and detail-oriented Senior Accountant to join our finance team in Saudi Arabia. This role is critical in ensuring
  financial accuracy, regulatory compliance, and strong operational control in a
  retail and distribution environment. The ideal candidate will have a minimum of
  5 years of experience in Saudi Arabia in a similar role and be well-versed in
  Saudi tax laws, HR regulations, and ERP systems (ODOO and SAP). Fluency in
  Arabic and English (read, write, speak) are mandatory. Experience in managing
  accounting functions related to retail inventory, product distribution, and
  point-of-sale operations is essential.
  
• The role will report directly to the Finance Manager.
  

KEY RESULTS/ACCOUNTABILITIES EXPECTED FROM THE ROLE:

• Oversee all accounting functions, including general ledger, accounts
  receivable/payable, bank reconciliations, and financial reporting.
  
• Manage inventory accounting processes, ensuring accurate recording of
  stock movements, cost of goods sold (COGS), and stock valuation.
  
• Monitor and reconcile inventory variances between warehouses, retail
  outlets, and ERP systems.
  
• Ensure timely and accurate preparation and submission of tax returns
  (Zakat, VAT, Withholding Tax, Corporate Income Tax) in compliance with ZATCA
  regulations.
  
• Maintain and ensure compliance with e-invoicing (Fatoorah) standards.
  
• Implement and monitor internal controls around retail and distribution
  transactions, including sales, returns, and inter-branch transfers.
  
• Prepare monthly, quarterly, and annual financial statements and reports.
  
• Ensure payroll compliance in accordance with Saudi HR and labor laws and
  coordinate with HR on payroll-related entries.
  
• Utilize ERP systems (ODOO and SAP) for financial data entry, inventory
  tracking, and reporting.
  
• Support internal and external audits with complete documentation and
  timely responses.
  
• Collaborate with sales, logistics, and warehouse teams to ensure
  financial alignment with operational goals.
  

MANDATORY REQUIREMENTS:

• Minimum 5 years of accounting/finance experience in Saudi Arabia,
  specifically in a retail and distribution company.
  
• Strong knowledge of inventory and product accounting in a
  retail/distribution context.
  
• In-depth understanding of Saudi taxation: VAT, Zakat, WH Tax, Corporate
  Tax, and e-invoicing (Fatoorah).
  
• Familiarity with Saudi HR and labor laws, particularly as they relate to
  payroll and employee-related financial matters.
  
• Proven experience with ERP systems: ODOO and SAP.
  
• Fluent in Arabic and English (reading, writing, and speaking).
  
• Male (Indian/Pakistani Nationality).
  

PREFERRED QUALIFICATIONS AND CHARACTERISTICS:

• Bachelor's degree in accounting, Finance, or a related field (CPA, CMA
  certification is a plus).
  
• Strong attention to detail and an analytical mindset.
  
• Effective communication and coordination skills with cross-functional
  teams.
  
• Ability to manage multiple priorities and meet tight deadlines in a
  dynamic retail environment.
  

COMPENSATION AND BENEFITS:

• Competitive salary based on experience and qualifications.
  
• Medical insurance coverage.
  
• Annual leave and other statutory benefits as per Saudi labor law.
  
• Career development and growth opportunities
  within a leading retail and distribution organization.