Senior Accountant

Confidential Company

Multiple VacanciesEmployer Active

Posted 10 min ago

Experience

2 - 3 Years

Monthly Salary

SAR 5,000 - 7,500 ($1,351 - $2,026)

Job Location

Riyadh - Saudi Arabia

Education

Bachelors in Computer Application, Bachelor of Commerce, Bachelor of Arts, Any Graduation, Master of Commerce, Chartered Financial Analyst, Chartered Accountant, CA Inter

Nationality

Any Arab National, Indian, Saudi Arabian

Gender

Any

Vacancy

2 Vacancies

Job Description

Roles & Responsibilities

  • Oversee accounting operations for 11 branches across Saudi Arabia, ensuring compliance with company policies and local regulations.
  • Perform inter-branch and inter-company reconciliations accurately and on time.
  • Handle cash and bank reconciliations, including POS transactions and credit card settlements.
  • Prepare and post monthly closing entries, such as asset schedules, provisions, accruals, and prepayments.
  • Maintain inventory and stock accounting for gold, diamonds, and other precious materials, ensuring accurate valuation and movement tracking.
  • Monitor and reconcile customer advances, supplier accounts, and making charges related to gold jewellery transactions.
  • Support the UAE headquarters in financial statement consolidation and group reporting.
  • Ensure timely VAT/Zakat filing and compliance with Saudi tax regulations.
  • Coordinate and assist with internal and external audits, providing necessary schedules and documentation.

Required Skills and Experience

  • Experience in the Jewellery industry (Preferred)
  • Proven experience in financial supervision, accounting operations, and consolidated reporting.
  • Strong knowledge of IFRS and group accounting policies.
  • Expertise in cost allocation, reconciliation, and intercompany transactions.
  • Experience in establishing internal control procedures and safeguarding company assets.
  • Proficiency in preparing tax returns and liaising with auditors.

Desired Candidate Profile

  • The candidate should have work experience in KSA or be willing to relocate.
  • A Bachelor’s or Master’s degree in Accounting, Finance, or a related field is preferred.
  • Minimum of 2-3 years of progressive experience in accounting and financial management in the Jewellery industry
  • Extensive experience in cost allocation, reconciliation, IFRS compliance, and consolidated financial reporting.
  • Prior experience supervising accounting teams and handling intercompany transactions.
  • Proficient in Microsoft Office Suite, especially Word and Excel.
  • Familiarity with accounting software and ERP systems is a plus.

Employment Type

    Full Time

Company Industry

  • Gold
  • Gems & Jewellery

Department / Functional Area

  • Accounts
  • Taxation
  • Audit
  • Company Secretary

Keywords

  • Accountant
  • Senior Accountant
  • Financial Reporting
  • Manual & Computrized Accounting
  • Financial Accountant

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Confidential Company