Job Title:Accountant – Facilities Management
Location: Riyadh, Kingdom of Saudi Arabia
Company - SBU of Abunayyan Holding Company
Industry: Integrated Facility Management
Role Purpose
The Accountant is responsible for managing day-to-day financial operations within the Facilities Management (FM) function, ensuring accurate accounting, compliance with regulatory requirements, and timely financial reporting. The role supports business decision-making through financial analysis, budgeting, and performance monitoring across FM contracts and operations.
Key Responsibilities
1. Financial Accounting & Operations
- Maintain accurate and up-to-date accounting records in accordance with company policies and applicable standards.
- Manage accounts payable (AP) and accounts receivable (AR) processes.
- Perform general ledger (GL) entries, reconciliations, and month-end closing activities.
- Monitor cash flow, expenses, and financial transactions.
- Ensure timely invoicing and collection in coordination with operations teams.
2. Reporting & Financial Analysis
- Prepare monthly, quarterly, and annual financial reports.
- Conduct variance analysis, cost analysis, and profitability assessment for FM contracts.
- Support management with budgeting, forecasting, and financial planning.
- Provide insights on cost optimization and operational efficiency.
3. FM Contract Financial Management
- Track and manage financial performance of FM contracts (Hard FM / Soft FM).
- Monitor revenue recognition, billing cycles, and contract profitability.
- Ensure alignment between operational activities and financial reporting.
- Coordinate with operations and project teams for accurate cost allocation.
4. Compliance & Controls
- Ensure compliance with Saudi regulations, tax laws, and company financial policies.
- Support VAT (ZATCA) compliance, filings, and reporting.
- Maintain proper documentation for audits and regulatory requirements.
- Assist in internal and external audits.
5. Systems & Process Management
- Utilize ERP systems (e.g., SAP, Oracle) for financial transactions and reporting.
- Maintain accurate financial data and records within accounting systems.
- Support process improvements and automation initiatives in finance operations.
6. Coordination & Stakeholder Management
- Collaborate with operations, procurement, and project teams for financial alignment.
- Coordinate with vendors, clients, and internal stakeholders on financial matters.
- Support management with ad-hoc financial analysis and reporting requests.
Qualifications & Experience
- Bachelor's Degree in Accounting, Finance, or related field.
- Minimum 5+ years of relevant experience in accounting, preferably within:
- Facilities Management
- Construction / Engineering
- Property Management
- Experience in Saudi Arabia or GCC preferred.
- Knowledge of FM contract accounting and project-based finance is an advantage.
Technical Skills
- Strong knowledge of:
- Financial accounting principles (IFRS preferred)
- AP, AR, GL, and financial reporting
- Experience with:
- ERP systems (SAP, Oracle, etc.)
- Advanced MS Excel (reporting, analysis, pivot tables)
- Familiarity with VAT (ZATCA) regulations
- Financial analysis and budgeting skills
Core Competencies
- Strong analytical and problem-solving skills
- Attention to detail and accuracy
- Financial planning and reporting capability
- Time management and ability to meet deadlines
- Communication and stakeholder coordination
- Integrity and confidentiality
Preferred Certifications (Optional)
- SOCPA membership or eligibility
- CPA / ACCA / CMA (preferred)
- Advanced Excel / Financial Modeling certifications
