Sealy Mattress Middle East

Senior Accountant

Jeddah, Saudi ArabiaPosted 4 days ago

Salary
AED 12k–18k a month· est.
Job type
Full time
Level
Mid level
Field
Finance & Accounting
Work mode
On site

About the role

Job Title: Senior Accountant Company: Sealy Mattress Middle East Co. Location: Jeddah, Saudi Arabia Experience Required: 5 Years Nationality Preference: Saudi, Indian, or Pakistani Nationals Job Purpose Sealy Mattress Middle East Co. is seeking a qualified Senior Accountant to oversee general accounting operations, control financial transactions, and ensure regulatory compliance across our regional operations in Saudi Arabia. The ideal candidate will possess strong analytical skills, extensive knowledge of KSA ZATCA regulations, and the ability to manage complex financial data to support business growth. Key Responsibilities - Financial Reporting & Closing: Manage monthly, quarterly, and annual financial closing processes. Prepare accurate financial statements, balance sheets, and profit/loss statements in accordance with IFRS standards. - General Ledger & Reconciliation: Oversee the general ledger, perform complex bank reconciliations, review intercompany accounts, and ensure all financial transactions are accurately recorded. - Taxation & ZATCA Compliance: Oversee KSA VAT compliance, including accurate calculation, preparation, and timely filing of VAT returns. Manage E-invoicing (Fatoora) requirements and support annual Zakat fillings with the Zakat, Tax and Customs Authority (ZATCA). - Accounts Payable & Receivable: Monitor cash flow, supervise aging schedules for receivables and payables, and manage vendor payments and customer invoicing structures. - Asset Management: Maintain and reconcile the fixed asset register, tracking depreciation and capital expenditures. - Audit & Support: Coordinate with internal and external auditors during annual reviews by providing required schedules, documentation, and explanations. Benefits - Private Health Insurance - Training & Development - Performance Bonus

Requirements

  • Qualifications & Requirements
  • - Education: Bachelor’s degree in Accounting, Finance, or a highly related field. Professional certifications (e.g., SOCPA, ACCA, CMA) are highly advantageous.
  • - Experience: Minimum of 5 years of progressive corporate accounting experience, preferably within the manufacturing, retail, or distribution sectors in the GCC.
  • - Location: Must currently reside in Jeddah, Saudi Arabia.
  • - Nationality: Open to Saudi, Indian, or Pakistani nationals (with a transferable Iqama for expatriates).
  • - Technical Skills: Proficiency in advanced ERP software (such as SAP, Oracle, Tally, or Microsoft Dynamics) and advanced proficiency in MS Excel.
  • - Regulatory Knowledge: Deep understanding of KSA ZATCA regulations, local labor laws, and IFRS standards.

Responsibilities

Financial Reporting & Closing: Manage monthly, quarterly, and annual financial closing processes. Prepare accurate financial statements, balance sheets, and profit/loss statements in accordance with IFRS standards. General Ledger & Reconciliation: Oversee the general ledger, perform complex bank reconciliations, review intercompany accounts, and ensure all financial transactions are accurately recorded. Taxation & ZATCA Compliance: Oversee KSA VAT compliance, including accurate calculation, preparation, and timely filing of VAT returns. Manage E-invoicing (Fatoora) requirements and support annual Zakat fillings with the Zakat, Tax and Customs Authority (ZATCA). Accounts Payable & Receivable: Monitor cash flow, supervise aging schedules for receivables and payables, and manage vendor payments and customer invoicing structures. Asset Management: Maintain and reconcile the fixed asset register, tracking depreciation and capital expenditures. Audit & Support: Coordinate with internal and external auditors during annual reviews by providing required schedules, documentation, and explanations.

Skills

  • IFRS financial reporting
  • General Ledger
  • VAT compliance (KSA)
  • E-invoicing (Fatoora)
  • ZATCA regulatory knowledge
  • IFRS standards
  • ERP software (SAP, Oracle, Tally, Microsoft Dynamics)
  • MS Excel
  • Bank reconciliations
  • Intercompany accounting
  • Fixed asset management
  • Taxation and Zakat filings
  • Financial closing processes
  • Financial statement preparation
  • Auditing coordination

Not sure you fit this role?

Upload your CV and see how you score against Sealy Mattress Middle East and every other live job. It's free.

Get my free matches
Accountant jobs in Jeddah29 live roles, top employers and pay.See all →

Similar jobs in Saudi Arabia