Senior Revenue Accountant — IFRS 15 & Close Lead

Al-Futtaim; Riyadh; On-site; SAR 180,000 - 280,000; Full time

Job summary

Al-Futtaim Automotive is seeking a Senior Financial Accountant to manage revenue recognition under IFRS 15 and own the revenue close cycle. You will collaborate with Sales, Operations, and Commercial teams to ensure accurate contract reflection in financial statements.

Responsibilities include billing controls, variance analysis, and providing insights for management reporting. The ideal candidate has 4–6 years in accounting, with IFRS 15 experience, and strong Excel and ERP skills.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional qualification (CPA, ACCA, CMA, or CA) completed or in progress.
• 4–6 years of accounting experience, including at least 2 years in revenue accounting; Big 4 audit experience is an advantage.
• Hands-on experience applying IFRS 15 and IFRS 9 in a complex, multi‑product or multi‑entity environment.

Responsibilities

• Apply IFRS 15 to customer contracts, including identifying performance obligations, allocating transaction price, and determining the timing of recognition.
• Review new and amended contracts for revenue accounting implications such as variable consideration, discounts, rebates, and multiple-element arrangements.
• Prepare and post monthly revenue journals, accruals, deferrals, and unbilled revenue adjustments, and maintain deferred revenue and contract balance roll‑forwards.
• Own the revenue and receivables close at month‑end, quarter‑end, and year‑end, including balance sheet reconciliations for all revenue‑related accounts.
• Perform revenue variance analysis versus budget, forecast, and prior periods, and contribute to management reporting and statutory disclosures.
• Oversee billing accuracy, monitor AR ageing and expected credit loss provisions, and operate internal controls over the order‑to‑cash cycle.
• Act as the primary contact for auditors on revenue matters, support system and process improvements, and coach junior accountants.

Skills

Advanced Excel

Attention to detail

Deadline driven

Communication

Education

Bachelor's degree in Accounting/Finance

Professional qualification (CPA/ACCA/CMA/CA) in progress or completed

Tools

SAP

Oracle

Microsoft Dynamics

Job description

Al-Futtaim Automotive is seeking a Senior Financial Accountant to manage revenue recognition under IFRS 15 and own the revenue close cycle. You will collaborate with Sales, Operations, and Commercial teams to ensure accurate contract reflection in financial statements.

Responsibilities include billing controls, variance analysis, and providing insights for management reporting. The ideal candidate has 4–6 years in accounting, with IFRS 15 experience, and strong Excel and ERP skills.