Senior Accountant

Position Overview

We are seeking a highly skilled and detail-oriented Senior Accountant to join our dynamic finance team. In this pivotal role, you will be responsible for overseeing the end-to-end accounting cycle, ensuring accurate financial reporting, and maintaining robust internal controls. Reporting to the Finance Manager, you will play a critical part in driving operational excellence, statutory compliance, and the financial integrity of our organization. The ideal candidate will possess a strong technical accounting background, exceptional analytical skills, and a commitment to continuous process improvement.

Key Responsibilities

The Senior Accountant will be entrusted with a diverse range of responsibilities, including:

Financial Accounting & Month-End Close

• Execute comprehensive month-end close activities, including the preparation and posting of journal entries, accruals, prepayments, and adjustments to ensure the general ledger and trial balance are maintained with precision.
• Conduct thorough monthly balance sheet reconciliations for critical accounts such as bank, intercompany, work-in-progress (WIP), accounts payable (AP), and accruals to guarantee accuracy and compliance.
• Prepare and deliver monthly financial reports and reporting packages to Group/HQ, ensuring timely and accurate communication of financial performance.
• Uphold strict adherence to International Financial Reporting Standards (IFRS), accounting policies, and internal control frameworks to safeguard the organization’s financial integrity.

Billing & Accounts Receivable

• Review and validate customer invoices to ensure timely billing in accordance with contractual obligations and company standards.
• Support collection activities by monitoring outstanding receivables and collaborating with relevant teams to address aged accounts.
• Analyze monthly accounts receivable (AR) ageing reports and reconciliations to identify trends and mitigate potential risks.

Accounts Payable

• Oversee the review of supplier, subcontractor, and intercompany invoices processed by the Shared Service Centre, ensuring accuracy in coding, documentation, and compliance with internal policies.
• Prepare reconciliations for unprocessed invoices and resolve discrepancies to maintain the integrity of the accounts payable ledger.
• Facilitate payment runs and conduct supplier account reconciliations to ensure financial accuracy and vendor satisfaction.
• Act as a liaison between the Shared Service Centre and Middle East (ME) teams to resolve outstanding items and streamline processes.

Treasury & Cash Management

• Perform detailed bank reconciliations and promptly resolve variances to ensure the accuracy of cash records.
• Support cash flow forecasting and liquidity planning initiatives to optimize financial resources.
• Maintain and update records for bank guarantees and related documentation to ensure compliance with banking and regulatory requirements.

Tax & Compliance

• Prepare Value-Added Tax (VAT) workings and support the filing of VAT returns in accordance with statutory requirements.
• Calculate and file Withholding Tax (WHT) obligations to ensure compliance with local tax regulations.
• Ensure adherence to statutory, tax, and corporate reporting requirements, including In-Kingdom Total Value Add (IKTVA) and local content regulations.

Reporting, Audit & Controls

• Develop and present monthly management reports, including supporting schedules, to provide actionable insights into financial performance.
• Support statutory, internal, and external audits by maintaining audit-ready financial records, documentation, and processes.
• Ensure the implementation and adherence to internal controls and company policies to mitigate financial risks and enhance operational efficiency.

Fixed Assets & Budgeting

• Maintain comprehensive fixed asset registers, including capital expenditure (CAPEX) accounting and depreciation schedules to reflect accurate asset valuation.
• Support budgeting, forecasting, and variance analysis initiatives to align financial planning with organizational objectives.

Qualifications & Experience

To excel in this role, candidates must meet the following criteria:

Educational Background

• A professional degree in Accounting, Finance, or a related field is required. Qualifications such as CA (Chartered Accountant), CPA (Certified Public Accountant), or a Master’s in Finance are highly preferred.

Professional Experience

• Applicants with up to five years of progressive accounting experience are encouraged to apply. Relevant experience in financial reporting, internal controls, and statutory compliance is essential.

Technical & Soft Skills

• Exceptional interpersonal skills to effectively engage with internal stakeholders, external partners, and cross-functional teams in a multicultural environment.
• Proficiency in Microsoft Office Suite and experience with accounting software, particularly Dynamics 365 (D365), are mandatory.
• Strong organizational and time management abilities to prioritize tasks in a fast-paced, dynamic setting.
• Outstanding written and verbal communication skills to articulate complex financial information clearly and concisely.
• Meticulous attention to detail and a relentless commitment to meeting deadlines in a high-pressure environment.

The Senior Accountant will be a key contributor to our finance team, playing a vital role in shaping the financial health and operational efficiency of the organization. If you are a proactive professional with a passion for accounting excellence, we invite you to apply and become an integral part of our success story.