Accountant (0-2 Years)

Job Overview

We are seeking a detail-oriented and proactive Accountant (0-2 Years) to join our dynamic team in Al-Khobar, Saudi Arabia. The ideal candidate will play a pivotal role in managing our financial operations, ensuring compliance with local and international accounting standards, and supporting key business functions. This position is perfect for an early-career professional with a strong foundation in accounting principles and a passion for financial accuracy and efficiency.

Key Responsibilities

The Accountant will be responsible for a wide range of financial activities, including:

• Bookkeeping & Financial Management:
  • Record and process daily financial transactions, including purchases, sales, and operational expenses.
  • Maintain accurate ledgers, journals, and trial balances in compliance with Saudi GAAP and IFRS standards.
  • Monitor and analyze project costs, overheads, and financial performance to support informed decision-making.
• Accounts Payable & Receivable:
  • Process and verify vendor invoices, ensuring timely and accurate payments while reconciling vendor accounts.
  • Follow up on client payments, prepare aging reports, and manage collections to optimize cash flow.
• Taxation & Compliance:
  • Ensure timely and accurate filing of VAT returns in accordance with ZATCA regulations and local tax laws.
  • Assist in the preparation and filing of Zakat, WHT (Withholding Tax), and other statutory requirements.
  • Coordinate with internal and external auditors to facilitate smooth financial reviews and compliance audits.
• Banking & Reconciliation:
  • Reconcile bank statements and manage cash flows to ensure financial stability and transparency.
  • Liaise with banking institutions for transactions, Letters of Credit (LCs), and bank guarantees.
• Inventory & Cost Control:
  • Collaborate with stores and production teams to manage stock valuation and material costing.
  • Maintain precise cost tracking for PLC panels and electrical components to support budgeting and procurement decisions.
• Financial Reporting:
  • Prepare and present monthly Management Information Systems (MIS) reports, profit & loss statements, and other financial analyses.
  • Support budgeting, forecasting, and strategic financial planning initiatives.

Qualifications & Skills

To excel in this role, the candidate should possess the following qualifications and competencies:

• Education: Bachelor’s degree in Accounting, Finance, or a related field. Professional certifications such as CPA, CMA, or SOCPA are highly desirable.
• Experience: 0-2 years of relevant accounting experience, with a preference for candidates who have worked in the manufacturing or industrial automation sector in Saudi Arabia.
• Technical Proficiency:
  • Strong working knowledge of accounting software, including Tally, SAP, or QuickBooks.
  • Advanced skills in Microsoft Excel, including pivot tables, VLOOKUP, and financial modeling.
• Regulatory Knowledge: In-depth understanding of Saudi VAT regulations, ZATCA compliance, and WHT requirements.
• Soft Skills: Excellent organizational abilities, analytical thinking, and effective communication skills to collaborate with cross-functional teams.

Why Join Us?

As a valued member of our team, you will have the opportunity to contribute to the financial health and growth of a leading organization in the industrial sector. We offer a competitive compensation package, professional development opportunities, and a collaborative work environment that fosters innovation and excellence. If you are a motivated accounting professional looking to advance your career in a dynamic setting, we encourage you to apply.