Senior Accountant
ملخص الوظيفة
Job Title Senior Accountant
Location: Riyadh Saudi Arabia
We are seeking an experienced and detail-oriented Senior Accountant to oversee financial accounting reporting budgeting and compliance activities. The role is responsible for ensuring accurate financial records managing month-end and year-end closing processes supporting business planning and maintaining compliance with accounting standards and regulatory requirements. Experience within the food & beverage restaurant retail or hospitality sector is highly preferred.
- Oversee day-to-day accounting operations ensuring accurate recording of financial transactions.
- Maintain and reconcile general ledger accounts and prepare journal entries.
- Manage month-end and year-end closing activities in accordance with accounting standards.
- Review accounting records and ensure the accuracy of financial data.
- Prepare monthly quarterly and annual financial statements and management reports.
- Analyze financial performance profitability revenue and operating expenses.
- Conduct variance analysis against budgets and forecasts.
- Provide financial insights and recommendations to support management decision-making.
- Oversee accounts payable and receivable processes to ensure timely payments and collections.
- Monitor cash flow working capital and banking transactions.
- Perform bank reconciliations and maintain accurate cash records.
- Ensure proper reconciliation of supplier customer and intercompany accounts.
- Assist in preparing annual budgets financial forecasts and business plans.
- Monitor departmental expenses against approved budgets.
- Support cost control initiatives by identifying opportunities for operational efficiencies.
- Conduct financial analysis to improve profitability and resource utilization.
- Ensure compliance with Saudi tax regulations including VAT and Zakat requirements where applicable.
- Prepare and review tax filings and statutory reports.
- Coordinate with internal and external auditors during audit engagements.
- Maintain compliance with accounting policies internal controls and regulatory standards.
- Strengthen financial controls and accounting procedures.
- Recommend and implement process improvements to enhance operational efficiency.
- Ensure accurate documentation and secure maintenance of financial records.
- Support ERP implementation and finance system enhancements when required.
- Provide guidance and support to junior accountants and finance team members.
- Collaborate with operations procurement HR and management on financial matters.
- Assist the Finance Manager in achieving departmental objectives.
- Promote a culture of accountability accuracy and continuous improvement.
- Bachelors Degree in Accounting Finance Commerce or a related field.
- Professional qualification such as SOCPA ACCA CPA CA CMA or equivalent is highly preferred.
- 610 years of experience in accounting or finance including experience in a senior accounting role.
- Experience within the restaurant food & beverage retail hospitality or consumer goods industry is highly preferred.
- Strong knowledge of IFRS VAT regulations financial reporting and internal controls.
- Financial accounting and reporting
- General ledger management
- Budgeting and financial planning
- Accounts payable and receivable
- Cash flow and working capital management
- VAT Zakat and statutory compliance
- Financial analysis and cost control
- ERP systems and advanced Microsoft Excel
- Leadership and team collaboration
- Strong analytical organizational and problem-solving skills
- Competitive salary and comprehensive benefits package
- Opportunity to work with a leading organization in the food and hospitality sector
- Professional and collaborative work environment
- Career growth and leadership development opportunities
- Exposure to multi-unit financial operations and strategic business planning
Apply now!