Treasury Accountant

Saudia Dairy & Foodstuff Company (SADAFCO)

Jeddah

On-site

SAR 100,000 - 167,000

Full time

13 days ago

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Job summary

Saudia Dairy & Foodstuff Company (SADAFCO) is hiring a Payroll & General Ledger Accountant to ensure accurate and timely payroll processing and related postings. You will handle end-to-end employee payments, reconciliations and period-close activities in coordination with HR and Finance.

The role requires 2–5 years in general ledger or payroll accounting, and fluency in English and Arabic. A Bachelor’s degree in accounting or finance is essential.

Qualifications

  • Educational level: Bachelor’s degree in accounting or finance.
  • Minimum experience: 2-5 years of General Ledger accounting, payroll accounting, employee payments or a similar role.
  • Languages: Fluent in English & Arabic.

Responsibilities

  • Process and account for payroll, loans, salary advances, deductions, incentives, commissions, bonuses and allowances.
  • Prepare and post SAP/ERP journal entries for payroll and employee transactions; reconcile payroll liabilities and related accounts.
  • Coordinate with HR, Payroll to resolve discrepancies and meet payment and closing deadlines.

Skills

Payroll processing
Attention to detail
Bilingual English/Arabic

Education

Bachelor's degree in accounting or finance

Tools

SAP/ERP

Job description

Purpose of the job

To ensure accurate and timely accounting for payroll and employee-related payments while maintaining assigned General Ledger accounts, reconciliations and period-close activities. The role coordinates with Human Resources, Payroll and Finance to deliver complete, properly approved and auditable transactions.

Key Accountabilities

1. Employee Payments Execution

  • Process and account for approved payroll, employee loans, salary advances, deductions, incentives, commissions, bonuses and allowances.
  • Process end-of-service benefits, final settlements, leave encashment, expense claims and other approved employee reimbursements.
  • Validate approvals, employee references, amounts, cost centers and supporting documents before processing.

2. General Ledger and Accounting

  • Prepare and post accurate SAP/ERP journal entries for payroll and employee-related transactions.
  • Maintain and reconcile assigned General Ledger and balance-sheet accounts, including payroll liabilities, employee loans, advances, deductions, expense claims, accruals and clearing accounts.
  • Prepare monthly accruals, provisions, reclassifications and account analyses, including end-of-service and leave-related balances where assigned.
  • Investigate and clear outstanding or unmatched items and correct accounting errors promptly.
  • Support monthly, quarterly and year-end closing in line with the Finance timetable.
  • Ensure expenses and liabilities are recorded in the correct legal entity, period, cost center and account.

3. Controls, Reporting and Support

  • Maintain complete supporting documents and audit trails for all transactions and reconciliations.
  • Apply delegated authority, segregation of duties, confidentiality and company accounting policies.
  • Prepare schedules, reconciliations and explanations required by management, auditors and other Finance teams.
  • Coordinate with HR, Payroll to resolve discrepancies and meet payment and closing deadlines.
  • Identify practical opportunities to improve accuracy, standardize processes and reduce manual work.
Job Requirements
  • Educational level: Minimum bachelor’s degree in accounting or finance.
  • Minimum experience: 2-5 years of General Ledger accounting, payroll accounting, employee payments or a similar role.
  • Languages: Fluent in English & Arabic
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