Confidentiel

Senior Accountant

Riyadh, Saudi ArabiaPosted yesterday

Salary
AED 8k–14k a month· est.
Job type
Full time
Level
Senior
Field
Finance & Accounting
Work mode
On site

About the role

The Senior Accountant is responsible for overseeing the organization's accounting operations, ensuring the accuracy and integrity of financial records, and supporting effective financial management. The role manages day-to-day accounting activities, supervises accounting personnel, ensures compliance with accounting standards and regulatory requirements, and supports the CEO in achieving departmental objectives. The Senior Accountant plays a critical role in financial reporting, budgeting, audit coordination, internal controls, and process improvement, ensuring accurate financial information is available to support business decision-making. Key Areas of Responsibility Financial Accounting & Reporting • Oversee and manage day-to-day accounting operations, ensuring accuracy and compliance with company policies and accounting standards. • Verify, allocate, post, and reconcile accounts payable and accounts receivable transactions. • Maintain the integrity and accuracy of the general ledger and supporting records. • Produce accurate and timely accounting reports and financial statements. • Analyze financial information and summarize financial performance and financial status. • Prepare monthly, quarterly, and annual financial reports in accordance with reporting requirements. • Support month-end and year-end closing activities and ensure deadlines are achieved. • Prepare management reports and provide financial insights to support business decisions. Budgeting, Forecasting & Financial Analysis • Assist with the preparation, monitoring, and control of budgets across the organization. • Participate in forecasting activities and provide financial analysis to support planning processes. • Conduct financial modeling and scenario analysis to support strategic decision-making. • Monitor budget performance and analyze variances between actual and budgeted results. • Provide recommendations to improve operational efficiency and cost management. Internal Controls, Compliance & Governance • Develop, implement, and maintain accounting policies, procedures, and internal controls. • Ensure compliance with International Financial Reporting Standards (IFRS). • Ensure compliance with local financial regulations, tax requirements, and statutory obligations. • Monitor accounting activities to ensure adherence to company policies and regulatory requirements. • Review accounting systems and recommend improvements to strengthen controls and efficiency. • Maintain accurate accounting documentation and financial records. Audit & Regulatory Support • Coordinate and support internal and external audits. • Prepare audit schedules and provide required documentation to auditors. • Assist with tax audits, tax filings, and regulatory reporting requirements. • Ensure timely resolution of audit findings and recommendations. • Liaise with regulatory authorities and external advisors as required. Banking & Treasury Management • Execute banking transactions and oversee banking-related activities. • Monitor cash balances and support cash flow management activities. • Coordinate with banks regarding operational banking requirements. • Support treasury functions and financial risk management initiatives. Leadership & Team Management • Supervise, mentor, and support Accountants and Accounting Assistants. • Plan, assign, review, and evaluate accounting team activities and performance. • Provide technical accounting guidance and support to team members. • Support employee development and knowledge sharing within the department. • Assist the Finance Manager in overseeing departmental operations and team performance. • Contribute to departmental goal setting and continuous improvement initiatives. Business Process Improvement • Identify opportunities to improve accounting processes, systems, and controls. • Develop and document business processes to strengthen operational efficiency. • Recommend improvements to accounting systems and procedures. • Support implementation of new accounting systems, reporting tools, and process enhancements. • Collaborate with internal departments to improve financial and operational performance. Skills & Qualifications • Bachelor's Degree in Accounting, Finance, or a related field. • Minimum 5 years of experience in a similar position. • Proven experience as a Chief Accountant, Senior Accountant, Accounting Supervisor, or Financial Controller. • Professional qualification is preferred. • In-depth understanding of International Financial Reporting Standards (IFRS).

Requirements

Bachelor's Degree in Accounting, Finance, or a related field. Minimum 5 years of experience in a similar position. Proven experience as a Chief Accountant, Senior Accountant, Accounting Supervisor, or Financial Controller. Professional qualification is preferred. In-depth understanding of International Financial Reporting Standards (IFRS).

Responsibilities

Oversee and manage day-to-day accounting operations, ensuring accuracy and compliance with company policies and accounting standards. Verify, allocate, post, and reconcile accounts payable and accounts receivable transactions. Maintain the integrity and accuracy of the general ledger and supporting records. Produce accurate and timely accounting reports and financial statements. Analyze financial information and summarize financial performance and financial status. Prepare monthly, quarterly, and annual financial reports in accordance with reporting requirements. Support month-end and year-end closing activities and ensure deadlines are achieved. Prepare management reports and provide financial insights to support business decisions. Assist with the preparation, monitoring, and control of budgets across the organization. Participate in forecasting activities and provide financial analysis to support planning processes. Conduct financial modeling and scenario analysis to support strategic decision-making. Monitor budget performance and analyze variances between actual and budgeted results. Provide recommendations to improve operational efficiency and cost management. Develop, implement, and maintain accounting policies, procedures, and internal controls. Ensure compliance with IFRS and local financial regulations, tax requirements, and statutory obligations. Monitor accounting activities to ensure adherence to company policies and regulatory requirements. Review accounting systems and recommend improvements to strengthen controls and efficiency. Maintain accurate accounting documentation and financial records. Coordinate and support internal and external audits. Prepare audit schedules and provide required documentation to auditors. Assist with tax audits, tax filings, and regulatory reporting requirements. Ensure timely resolution of audit findings and recommendations. Liaise with regulatory authorities and external advisors as required. Execute banking transactions and oversee banking-related activities. Monitor cash balances and support cash flow management activities. Coordinate with banks regarding operational banking requirements. Support treasury functions and financial risk management initiatives. Supervise, mentor, and support Accountants and Accounting Assistants. Plan, assign, review, and evaluate accounting team activities and performance. Provide technical accounting guidance and support to team members. Support employee development and knowledge sharing within the department. Assist the Finance Manager in overseeing departmental operations and team performance. Contribute to departmental goal setting and continuous improvement initiatives. Identify opportunities to improve accounting processes, systems, and controls. Develop and document business processes to strengthen operational efficiency. Recommend improvements to accounting systems and procedures. Support implementation of new accounting systems, reporting tools, and process enhancements. Collaborate with internal departments to improve financial and operational performance.

Skills

  • IFRS
  • General Ledger
  • Accounts Payable
  • Accounts Receivable
  • Financial Reporting
  • Budgeting
  • Forecasting
  • Financial Modeling
  • Cash Flow Management
  • Internal Controls
  • Audit Coordination
  • Tax Compliance
  • Regulatory Reporting
  • SAP or equivalent ERP experience
  • Accounting Policies

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