Senior Accountant - Logistics Finance & Controls

DP World; Jeddah; On-site; SAR 180,000 - 260,000; Full time

Job summary

DP World in Jeddah seeks a Senior Accountant to manage financial accounts, month-end closures and reporting, ensuring accurate records and compliance with accounting standards and statutory requirements. The role collaborates with operational and commercial teams to provide financial insight and strengthen controls across logistics activities.

The candidate will handle revenue and cost accounting, budgeting and forecasting, audits support, and ensure proper accruals and cost allocations.

Qualifications

• Bachelor's degree in accounting, Finance or related discipline.
• Professional accounting qualification, or progress toward one, such as ACCA, CMA, CPA, CIMA or equivalent, is preferred.
• Five or more years of relevant accounting experience, including experience in financial reporting and month-end closing.
• Previous experience within logistics, freight forwarding, transportation, warehousing, shipping, supply chain or a similar operational environment is preferred.
• Experience with ERP and finance systems such as SAP, Oracle, Microsoft Dynamics or equivalent. Advanced working knowledge of Microsoft Excel.
• Experience with VAT, corporate tax and statutory compliance requirements relevant to the location is preferred.

Responsibilities

• Prepare and review monthly, quarterly and annual financial statements and management reports.
• Complete month-end and year-end closing activities within agreed timelines.
• Prepare and post journal entries, accruals, provisions, prepayments and cost allocations.
• Maintain the general ledger and ensure transactions are accurately recorded and supported.
• Review balance-sheet accounts and resolve outstanding reconciliation items.
• Support the preparation of audit schedules and respond to internal and external audit requirements.
• Ensure compliance with applicable accounting standards, statutory requirements and company policies.
• Review revenue recognition and ensure income is recorded accurately and in the correct accounting period.
• Validate operational costs, including transport, warehousing, freight, customs, handling, subcontractor and other logistics-related charges.
• Review customer billing and supplier costs to identify missing revenue, unbilled costs or margin discrepancies.
• Monitor job profitability and investigate significant variances between expected and actual margins.
• Coordinate with operations and commercial teams to resolve billing, costing and revenue-recognition issues.
• Maintain appropriate accruals for incomplete jobs, services received but not invoiced and other outstanding liabilities.
• Review customer and supplier account reconciliations and ensure discrepancies are resolved promptly.
• Monitor receivables, overdue balances and collections in coordination with the credit-control and commercial teams.
• Review supplier invoices and payment documentation to ensure accuracy, appropriate approval and compliance with contractual terms.
• Support the resolution of disputed customer invoices and supplier charges.
• Ensure transactions are recorded against the correct customer, supplier, cost centre, business unit and accounting period.
• Support the preparation of annual budgets, periodic forecasts and long-term financial plans.
• Analyse actual performance against budget, forecast and prior periods.
• Prepare variance analysis covering revenue, gross profit, operating expenses and working capital.
• Provide financial analysis and commentary to support management decision-making.
• Assist with profitability analysis by customer, service line, branch, route, site or project.
• Identify financial risks, cost-saving opportunities and areas for process improvement.
• Ensure compliance with the company's financial policies, delegation of authority and approval requirements.
• Maintain accurate accounting records and supporting documentation.
• Support VAT, corporate tax and other statutory reporting requirements, where applicable.
• Monitor adherence to credit limits, payment terms and financial-control procedures.
• Identify control weaknesses and recommend appropriate corrective actions.
• Support the implementation and testing of finance policies, procedures and internal controls.

Skills

Month-end closing

Financial reporting

Variance analysis

Budgeting

Education

Bachelor's degree in accounting, Finance or related

ACCA/CMA/CPA/CIMA or equivalent (progress towards)

Tools

SAP

Oracle

Microsoft Dynamics

Excel

Job description

DP World in Jeddah seeks a Senior Accountant to manage financial accounts, month-end closures and reporting, ensuring accurate records and compliance with accounting standards and statutory requirements. The role collaborates with operational and commercial teams to provide financial insight and strengthen controls across logistics activities.

The candidate will handle revenue and cost accounting, budgeting and forecasting, audits support, and ensure proper accruals and cost allocations.