We are seeking a highly skilled Accounting Professionals to manage the full spectrum of accounting and financial operations for our company across the UAE and Saudi Arabia. The role involves hands-on management of day-to-day accounting activities, taxation, financial reporting, supplier and client coordination, and ensuring accurate and timely financial records. The ideal candidate will have strong knowledge of Saudi tax laws, audit procedures, internal financial controls, and IFRS standards.
Key Responsibilities
1. Day-to-Day Accounting Operations
- Maintain and update the general ledger daily.
- Record all financial transactions accurately and timely.
- Ensure proper documentation and filing of accounting records.
- Monitor expense allocations and cost centres.
- Ensure compliance with internal accounting policies and procedures.
- Handle ad-hoc accounting tasks as assigned by management.
2. Accounts Payable (A/P) Management
- Verify supplier invoices with supporting documents (POs, delivery notes).
- Ensure accurate recording of supplier bills.
- Prepare payment schedules and process supplier payments.
- Reconcile supplier statements and resolve discrepancies.
- Maintain strong relationships with vendors and suppliers.
- Monitor credit terms to ensure timely payments and avoid penalties.
3. Accounts Receivable (A/R) Management
- Issue accurate customer invoices on time.
- Monitor outstanding receivables and follow up on overdue payments.
- Maintain customer account reconciliations.
- Coordinate with clients regarding billing queries and payment issues.
- Ensure timely cash collections and reporting of aging receivables.
4. Procurement & Documentation Control
- Receive and review supplier quotations.
- Assist in vendor evaluation and comparison of quotations.
- Issue Purchase Orders (POs) after required approvals.
- Verify invoices against POs and delivery notes.
- Ensure proper recording and filing of procurement documents.
5. Banking & Cash Management
- Perform monthly and periodic bank reconciliations.
- Handle bank correspondence and banking transactions.
- Manage online banking payments and transfers.
- Monitor company cash flow and liquidity.
- Coordinate with banks for account opening, guarantees, and financing as required.
6. Taxation & Regulatory Compliance (KSA)
- Ensure compliance with FTA & ZATCA regulations.
- Prepare and file VAT returns and maintain proper VAT accounting.
- Manage Corporate Tax calculations and compliance.
- Handle Withholding Tax (WHT) obligations and filings.
- Maintain proper tax documentation and records.
- Liaise with tax consultants and authorities as needed.
7. IFRS Compliance & Financial Reporting
- Prepare financial statements in accordance with IFRS standards.
- Ensure accurate classification and disclosure of financial information.
- Support implementation of accounting policies aligned with IFRS.
- Assist in budgeting and forecasting activities.
8. Monthly Closing & Management Reporting
- Perform monthly, quarterly, and annual closing of books.
- Prepare management reports, including P&L, Balance Sheet, and Cash Flow.
9. External & Internal Audit Coordination
- Coordinate with external auditors during annual audits.
- Prepare audit schedules and supporting documents.
- Assist in implementation of audit recommendations.
- Ensure readiness for internal and statutory audits.
10. Client & Supplier Coordination
- Act as a primary finance contact for clients and suppliers.
- Resolve financial disputes and discrepancies.
- Maintain professional communication and relationships.
11. Ad-Hoc Duties & Compliance
- Perform additional tasks as assigned by management.
- Support internal control development and process improvements.
- Ensure confidentiality and integrity of financial data.
Qualifications & Experience
- Bachelor's degree in Accounting.
- Professional certifications preferred: ACCA, ACA, CMA.
- 5+ years of accounting experience, preferably in UAE and KSA.
- Strong knowledge of IFRS, Dubai Tax Laws, and Saudi Tax Laws (VAT, WHT, Corporate Tax).
- Experience with ERP/accounting software.
- Proficiency in MS Excel and financial reporting tools.
Key Skills
- Strong analytical and problem-solving skills.
- High attention to detail and accuracy.
- Effective communication and negotiation skills.
- Excellent time management and ability to meet deadlines.
- Knowledge of banking procedures and financial controls.
- Ability to work independently and collaboratively within a team.
This role is ideal for a proactive, detail-oriented finance professional capable of managing end-to-end accounting operations, ensuring regulatory compliance, and supporting strategic financial decision-making.
