وظيفة محاسب أول لدى Jobzella بمدينة الرياض

We are hiring Senior Accountant on behalf of a leading technology solutions company specializing in ELV (Extra Low Voltage) and AV (Audio Visual) systems based in Riyadh - KSA, delivering integrated technology solutions across the Middle East.

Core Responsibilities:

1- Accounting & Month-End Closing

• Maintain accurate accounting records for the KSA entity, including GL, AP, AR, accruals, prepayments, provisions and fixed assets.

• Record and review transactions in the approved ERP/accounting system with complete supporting documentation and correct account, project, cost center and tax coding.

• Perform monthly bank, customer, supplier and key balance sheet reconciliations and promptly investigate outstanding items.

• Prepare month-end closing schedules, reconciliations and supporting files in line with the HQ closing timetable, targeting completion within 5 working days.

• Prepare the KSA trial balance, financial schedules and management reporting package for review and consolidation by Head Office.

• Support IFRS-compliant accounting and Group reporting requirements, including revenue recognition and project-based accounting.

• Maintain intercompany accounts and complete timely reconciliation with Head Office and other Group entities.

2- Project Accounting, Billing & Margin Control

• Maintain project financial records and monitor project revenue, cost, gross margin, commitments, accruals, unbilled revenue and advance balances.

• Coordinate with project teams to ensure timely invoicing in accordance with contractual milestones, approved progress and supporting documentation.

• Maintain an invoicing plan and follow up on pending certifications, invoices, variations, claims and retention balances.

• Compare actual project costs and commitments against approved budgets and promptly report material variances or expected cost overruns to HQ Finance.

• Support project cash flow forecasting and cost-to-complete reviews as requested by Head Office.

3- Accounts Receivable & Collection Follow-up

• Maintain accurate customer ledgers, aging reports and collection status for KSA customers.

• Follow up locally with customers and project teams on overdue receivables, invoice acceptance, payment certificates and disputed balances.

• Provide regular AR aging, DSO and collection updates to HQ Finance and escalate material delays or credit concerns.

• Support customer balance confirmations and reconciliation of disputed or unallocated receipts.

4- Accounts Payable & Payment Coordination

• Review supplier invoices and payment requests for accuracy, approval, contractual terms, supporting documents, VAT treatment and budget/project allocation.

• Prepare payment schedules and submit complete payment requests to HQ Treasury in accordance with the Group approval matrix.

• Maintain supplier reconciliations and follow up on debit notes, advances, retention, disputed invoices and long-outstanding balances.

• Coordinate with procurement and project teams to monitor supplier commitments and upcoming cash requirements.

5- Treasury & Banking Coordination

• Prepare weekly cash flow forecasts covering expected collections, payments and project funding requirements for HQ Treasury.

• Reconcile KSA bank accounts and report discrepancies or unusual items promptly.

• Coordinate documentation for local banking requirements and bank facilities as instructed by HQ Treasury.

• Coordinate and track LC, LG, APG, PB and other guarantee requirements, including validity, expiry, reduction and release dates.

• The Senior Accountant shall not independently authorize or execute bank transfers unless specifically authorized under the approved Group delegation of authority.

6. Tax & Statutory Financial Compliance - KSA

• Prepare and maintain supporting records for VAT, withholding tax, Zakat/corporate tax and other applicable financial compliance requirements.

• Coordinate VAT returns, WHT filings and ZATCA-related accounting matters with HQ Finance and appointed tax advisers, where applicable.

• Ensure invoices and accounting records comply with applicable ZATCA requirements, including e-invoicing requirements relevant to the Company.

• Maintain tax reconciliations, filing support and audit-ready documentation, and promptly escalate tax notices or compliance issues to HQ Finance.

7. Budgeting, Forecasting & Management Reporting

• Support preparation of the KSA annual budget, rolling forecasts and periodic financial projections in coordination with Head Office.

• Prepare monthly variance analysis covering revenue, gross profit, operating expenses, project margins, collections and cash flow.

• Provide financial KPIs and schedules requested by HQ Finance for management reporting and consolidation.

• Identify unusual trends, accounting issues and cost-saving opportunities and communicate them to HQ Finance.

8. Internal Controls, Audit & Documentation

• Maintain complete, organized and audit-ready accounting records and supporting documents.

• Apply Group finance policies, accounting procedures, approval limits and segregation-of-duties requirements at the KSA office.

• Support internal and external audits, tax reviews and financial due diligence by preparing requested schedules and evidence.

• Assist HQ Finance in reviewing financial and commercial terms of contracts, purchase orders and major commitments where requested, particularly payment terms, guarantees, retention, taxes, working capital and cash flow impact.

• Report control weaknesses, unsupported transactions, overdue reconciliations or significant financial risks to Head Office. 

Qualifications & Experience

• Bachelor’s degree in accounting, Finance or a related field from a recognized university.
• Professional accounting qualifications such as CMA or equivalent is preferred.
• Strong working knowledge of IFRS and generally accepted accounting principles.
• Strong understanding of Saudi VAT, Withholding Tax, Zakat and ZATCA requirements, including applicable e-invoicing requirements.
• Minimum 5-7 years of relevant accounting and finance experience, including at least 2 years in a Senior Accountant or similar role.
• Experience in project-based, contracting, systems integration, construction or similar industries is preferred.
• Practical experience in month-end closing, financial reporting, project accounting, revenue recognition, AR/AP, reconciliations, budgeting and cash flow forecasting.
• Experience coordinating with a regional or centralized Head Office finance function is an advantage.
• Excellent written and spoken Arabic, and English languages.
• Previous exposure to internal/external audits and tax compliance requirements is preferred.
• Strong ERP/accounting system experience; Oracle NetSuite experience is preferred.
• Advanced proficiency in Microsoft Excel, including reconciliations, financial analysis, reporting and data management.
• Ability to prepare and analyze project profitability, budget-versus-actual results, cost-to-complete schedules, AR aging and cash flow forecasts.
• Strong understanding of accounting controls, documentation requirements and segregation of duties.