Confidential
Riyadh, Saudi ArabiaPosted yesterday
We are seeking an experienced and detail-oriented Chief Accountant to oversee daily accounting operations and ensure accurate, timely financial reporting. You will lead the accounting team, manage period-end closing activities, maintain effective financial controls, and support compliance with applicable accounting standards and Saudi regulatory requirements. Key Responsibilities • Accounting Operations: Oversee general ledger, accounts payable, accounts receivable, fixed assets, and other accounting activities to ensure accurate and complete financial records. • Financial Closing and Reporting: Lead monthly, quarterly, and annual closing processes, review journal entries and reconciliations, and prepare financial statements and supporting schedules. • Team Supervision: Assign responsibilities, review the accounting team’s work, and provide guidance to maintain quality and meet reporting deadlines. • Account Reconciliation: Review bank, customer, supplier, and intercompany reconciliations, where applicable, and ensure discrepancies are resolved promptly. • Tax and Regulatory Compliance: Coordinate the preparation and review of VAT, withholding tax, and Zakat or income tax submissions, as applicable, with relevant internal teams and external advisors. • Internal Controls: Maintain accounting policies, approval procedures, and financial controls to safeguard assets and improve transaction accuracy. • Audit Coordination: Prepare audit schedules, respond to auditor requests, and follow up on audit findings and corrective actions. • Financial Analysis: Support budgeting and forecasting by providing accurate accounting data, expense analysis, and explanations of significant variances. • Process Improvement: Improve accounting workflows and the use of ERP systems to strengthen efficiency and reporting reliability. Requirements and Qualifications • Education: Bachelor’s degree in accounting or finance. • Experience: At least five years of progressive accounting experience, including experience supervising accounting activities or leading a team. • Technical Knowledge: Strong understanding of IFRS, financial reporting, general ledger management, and period-end closing. • Local Knowledge: Familiarity with Saudi tax and Zakat requirements and related ZATCA processes. • Systems: Proficiency in accounting or ERP systems and advanced Microsoft Excel skills. • Professional Qualifications: SOCPA, CPA, ACCA, CMA, or a relevant professional qualification is preferred. • Core Skills: Strong analytical, leadership, organizational, and communication skills, with a high level of accuracy and confidentiality.
Education: Bachelor’s degree in accounting or finance. Experience: At least five years of progressive accounting experience, including experience supervising accounting activities or leading a team. Technical Knowledge: Strong understanding of IFRS, financial reporting, general ledger management, and period-end closing. Local Knowledge: Familiarity with Saudi tax and Zakat requirements and related ZATCA processes. Systems: Proficiency in accounting or ERP systems and advanced Microsoft Excel skills. Professional Qualifications: SOCPA, CPA, ACCA, CMA, or a relevant professional qualification is preferred. Core Skills: Strong analytical, leadership, organizational, and communication skills, with a high level of accuracy and confidentiality.
Accounting Operations: Oversee general ledger, accounts payable, accounts receivable, fixed assets, and other accounting activities to ensure accurate and complete financial records. Financial Closing and Reporting: Lead monthly, quarterly, and annual closing processes, review journal entries and reconciliations, and prepare financial statements and supporting schedules. Team Supervision: Assign responsibilities, review the accounting team’s work, and provide guidance to maintain quality and meet reporting deadlines. Account Reconciliation: Review bank, customer, supplier, and intercompany reconciliations, where applicable, and ensure discrepancies are resolved promptly. Tax and Regulatory Compliance: Coordinate the preparation and review of VAT, withholding tax, and Zakat or income tax submissions, as applicable, with relevant internal teams and external advisors. Internal Controls: Maintain accounting policies, approval procedures, and financial controls to safeguard assets and improve transaction accuracy. Audit Coordination: Prepare audit schedules, respond to auditor requests, and follow up on audit findings and corrective actions. Financial Analysis: Support budgeting and forecasting by providing accurate accounting data, expense analysis, and explanations of significant variances. Process Improvement: Improve accounting workflows and the use of ERP systems to strengthen efficiency and reporting reliability.
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