Senior Accountant

Role Overview

We are looking for a highly skilled and proactive Senior Accountant to lead the month-end and year-end close processes, ensuring the delivery of accurate, timely, and compliant financial reporting for our rapidly expanding, project-driven organization. In this pivotal role, you will oversee the general ledger, spearhead statutory and tax compliance initiatives, and enhance accounting processes and internal controls. The ideal candidate will leverage cutting-edge AI tools to streamline financial operations, minimize manual intervention, and elevate the precision of our financial reporting.

Key Responsibilities

As a Senior Accountant, you will be entrusted with the following core responsibilities:

• Financial Close Leadership: Take ownership of the month-end and year-end close processes, including the preparation of journal entries, accruals, prepayments, and comprehensive account reconciliations to ensure financial integrity.
• General Ledger Management: Maintain the general ledger with meticulous attention to detail, ensuring all transactions are accurately recorded in accordance with International Financial Reporting Standards (IFRS).
• Financial Reporting: Prepare and present monthly financial statements—including the income statement, balance sheet, and cash flow statement—along with supporting schedules and analytical insights to facilitate informed decision-making.
• Accounts Payable & Receivable Oversight: Manage the accounts payable and receivable cycles, including processing supplier payments, generating client invoices tied to project milestones, and conducting follow-ups on overdue receivables.
• Project Accounting Expertise: Oversee project accounting functions, including cost allocation, revenue recognition under the percentage-of-completion method, and reconciliations of work-in-progress accounts to ensure alignment with project financials.
• Tax & Statutory Compliance: Lead tax and statutory compliance efforts, including the preparation and filing of value-added tax (VAT) returns, withholding tax submissions, and zakat filings with the Zakat, Tax and Customs Authority (ZATCA). Ensure adherence to FATOORAH electronic invoicing requirements and other regulatory obligations.
• Payroll & Labor Compliance: Manage payroll accounting and related filings, including contributions to the General Organization for Social Insurance (GOSI) and provisions for end-of-service benefits in compliance with Saudi labor law.
• External Audit Support: Serve as the primary liaison with external auditors during the annual audit process, preparing audit schedules, addressing auditor queries, and ensuring a smooth and efficient audit experience.
• Fixed Assets Management: Oversee fixed assets accounting, including capitalization, depreciation calculations, and periodic verification to maintain accurate asset records.
• AI Integration & Process Optimization: Utilize AI-powered tools to automate reconciliations, reporting, and routine accounting workflows, driving efficiency and accuracy across the finance function. Champion the adoption of AI technologies to enhance financial operations.
• Internal Controls & Policy Development: Strengthen internal controls, refine accounting policies, and ensure robust documentation as the company scales to support sustainable growth.
• Team Leadership & Mentorship: Provide guidance and mentorship to junior accountants, reviewing their work and fostering a culture of continuous learning and professional development within the finance team.

Qualifications & Experience

To excel in this role, you must meet the following qualifications and possess the relevant experience:

• Education: Bachelor’s degree in Accounting or Finance. A certification from the Saudi Organization for Chartered and Professional Accountants (SOCPA) is required or in progress. Additional certifications such as Certified Public Accountant (CPA) or Certified Management Accountant (CMA) are highly desirable.
• Professional Experience: Minimum of five years of progressive accounting experience, with a preference for candidates who have worked in engineering, procurement, and construction (EPC), contracting, energy services, industrial technology, or other project-based industries.
• Market Knowledge: In-depth understanding of the Saudi market, including expertise in ZATCA requirements for VAT, zakat, and electronic invoicing; GOSI compliance; Saudi labor law provisions related to payroll and end-of-service benefits; and local business practices.
• AI Proficiency: Demonstrated hands-on experience with AI tools, such as large language models, AI-assisted reconciliation platforms, and automation software, integrated into daily accounting workflows. A proactive approach to learning and adapting to evolving AI technologies is essential.
• Technical Skills: Strong working knowledge of IFRS, particularly revenue recognition for long-term contracts. Proficiency in enterprise resource planning (ERP) systems such as SAP or Oracle, along with advanced Microsoft Excel skills, is required.
• Core Competencies: Exceptional attention to detail, a proven track record of delivering clean audits, and the ability to meet tight deadlines consistently. Fluency in English is mandatory; proficiency in Arabic is a significant advantage. Experience across the Gulf Cooperation Council (GCC) market is considered a plus.