One of the renowned FMCG Retail operations in the Middle East is looking for a hands-on Territory Controller to lead end-to-end accounting, revenue integrity, tax compliance, and statutory reporting for a large-scale Retail business in Saudi Arabia.
This role will be responsible for end-to-end financial accounting, statutory reporting, direct and indirect tax compliance, and revenue-to-cash integrity for the F&B retail business, ensuring accurate books, regulatory compliance, and audit readiness.
Responsibilities
- Lead monthly, quarterly, and annual financial close (GL, accruals, provisions, prepayments)
- Ensure accurate revenue recognition for POS-based retail sales
- Maintain balance sheet integrity including:
- Cash & bank reconciliations
- Inventory valuation & provisions
- Deposits, advances, and prepayments
- Prepare management accounts and support management reporting
- Ensure compliance with IFRS and group accounting policies
- Coordinate and manage external audits, internal audits, and statutory reviews
- Cash-to-Customer (C2C)
- Oversee daily sales posting from POS to ERP
- Reconcile sales data with ZATCA portal requirements
- Review cash, card, and digital tender reconciliations handled by offshore C2C team
- Ensure strict adherence to store-level SOPs for cash and card controls
- Taxation & Statutory Compliance
- Support Finance Head on all ZATCA-related compliances
- VAT
- Withholding Tax
- Corporate Income Tax
Qualifications
- 8+ years experience (retail preferred)
- Educational qualification - MBA Finance or CA or equivalent.
- Strong KSA tax and statutory knowledge
- IFRS-aligned accounting background
- ERP + POS ecosystem exposure
- Audit-ready mindset
