Chief Accountant (Saudi National Only)

Faena The Red Sea JOB OVERVIEW The Chief Accountant oversees daily accounting operations, ensuring accurate financial reporting, compliance, and effective financial controls. The role manages general ledger activities, reconciliations, budgeting support, tax compliance, and financial closing processes while maintaining accurate records and supporting audits. The Chief Accountant also supervises the accounting team and provides financial insights to support business operations and decision-making DUTIES AND RESPONSIBILITIES Oversee all accounting operations, including general ledger, accounts payable, and accounts receivable Ensure accurate and timely month-end, quarter-end, and year-end closing processes Prepare and review financial statements and management reports Maintain compliance with accounting standards (e.g., IFRS) and company policies Supervise and support the accounting team in daily operations Reconcile bank accounts and balance sheet accounts regularly Monitor cash flow, expenses, and financial transactions Ensure accurate recording and classification of financial data Coordinate and support internal and external audits Prepare tax reports and ensure timely filing and compliance Develop and implement internal controls to safeguard company assets Review payroll accounting and related financial entries Assist in budgeting and forecasting processes Identify and resolve accounting discrepancies and issues Ensure proper documentation and record-keeping of all financial transactions Liaise with banks, auditors, and regulatory authorities when required Support financial analysis and provide insights to management for decision-making

QUALIFICATIONS DESIRED  Bachelor’s degree in Accounting, Finance, or related field  Professional certification such as CPA, ACCA, CMA, or equivalent is highly preferred  5–8 years of progressive accounting experience, with supervisory or senior-level responsibility  Strong knowledge of accounting principles and financial reporting standards (IFRS/GAAP)  Experience in month-end and year-end closing processes  Proficiency in accounting systems and ERP platforms such as SAP, Oracle NetSuite, or similar systems  Advanced proficiency in Microsoft Excel for financial analysis and reporting

Oversee all accounting operations, including general ledger, accounts payable, and accounts receivable; Ensure accurate and timely month-end, quarter-end, and year-end closing processes; Prepare and review financial statements and management reports; Maintain compliance with accounting standards (e.g., IFRS) and company policies; Supervise and support the accounting team in daily operations; Reconcile bank accounts and balance sheet accounts regularly; Monitor cash flow, expenses, and financial transactions; Ensure accurate recording and classification of financial data; Coordinate and support internal and external audits; Prepare tax reports and ensure timely filing and compliance; Develop and implement internal controls to safeguard company assets; Review payroll accounting and related financial entries; Assist in budgeting and forecasting processes; Identify and resolve accounting discrepancies and issues; Ensure proper documentation and record-keeping of all financial transactions; Liaise with banks, auditors, and regulatory authorities when required; Support financial analysis and provide insights to management for decision-making.