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Open nowPosted 11 hours ago

Chief Accountant

Workable (global search)107,990 open roles

Where
Riyadh, Riyadh Province, Saudi Arabia
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Your applicationOpen nowChief AccountantWorkable (global search) · Riyadh, Riyadh Province, Saudi Arabia

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The clock on this job

Early applications get read.

7.9% of postings close within 7 days. Measured by our own scanner across the market. Workable (global search) postings stay open a median of 6 days.

Share of postings closed within
  1. 1.6%1 day
  2. 3.6%3 days
  3. 7.9%7 days
  4. 14.9%14 days
  5. 34.0%30 days
This job: posted 11 hours ago

Workable (global search) median: 6 days open

The posting

Job Description:

Chief accountant includes overseeing the accounting department, developing financial strategies, making investment decisions, helping company leadership with strategic planning, and making sure the company complies with the financial regulations.

Responsibilities:

  • Oversee the operations of all accounting functions, including Accounts Payable, Accounts Receivable, Treasury, Fixed Assets, month-end accruals, and provisions.
  • Responsible for year-end and month-end closing and the preparation of monthly financial statements.
  • Prepare monthly, quarterly, and year-end management financial reports.
  • Review and approve all payment transactions, including reimbursements, payments on account, vouchers, checks, etc.
  • Handle year-end closing and monthly financial statements.
  • Liaise with external government institutions and act as the main contact for internal and external audits.
  • Respond to all queries related to financial matters.
  • Recommend and draft financial and accounting policies and procedures.
  • Maintain the accounting manual up to date and ensure adherence to the manual and all policies and procedures.
  • Review and approve journal vouchers.
  • Review, investigate, and correct errors and inconsistencies in financial entries, documents, and reports.
  • Coordinate the accurate and timely payment of suppliers.
  • Prepare yearly budgets.
  • Administer all balance sheet account reconciliations.
  • Act as the point of contact for queries related to employee and supplier payments.
  • Review accounts payable and weekly check runs.
  • Determine the proper handling of financial transactions and approve transactions within designated limits.
  • Compile and analyze financial information to prepare entries to general ledger accounts, cost centers, and documents for business transactions.
  • Responsible for distributing financial statements and cost center reports.
  • Perform miscellaneous job-related duties as assigned.

Requirements

  • Bachelor’s degree in Accounting or a related field.
  • Minimum 7 years of experience, with at least 2 years at the supervisory level. Background in Logistics or IT is preferred.
  • Experience in creating budgets, accounting guidelines, year-end accounts, and liaising with external auditors.
  • Proficiency in Arabic and English is required, both spoken and written.
  • Very good user of ERP systems.

Key Skills & Core Competencies

  • Judgment and decision-making.
  • Critical thinking.
  • Manage the financial reporting, consolidation, and financial analysis processes to ensure that the company’s financial information is accurate, methodical, timely, and meets business needs.
  • Advise top-level management on finance, management, staffing, and other service-related issues and procedures.
  • Direct the company’s end-to-end financial processes, including annual work plans, biannual business forecasts, and actual results.
  • Lead and direct the organization’s financial planning, including business operations and forecasting financial results.
  • Collaborate with Business Development activities to develop financial models for sales and marketing initiatives and pricing strategies.
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