Accountant Required in Saudi Arabia

The Accountant is responsible for managing and maintaining financial records, preparing financial statements, and ensuring the accuracy of financial transactions. This role is vital to the financial health of the organization, involving close attention to detail, strict adherence to regulatory standards, and a thorough understanding of accounting principles. The Accountant works within the finance team to handle general ledger activities, support financial reporting, and assist in budgeting and forecasting processes. This position requires a high level of integrity, analytical skills, and a proactive approach to financial problem-solving.

Key Responsibilities

1. General Ledger Management and Reconciliation
   The Accountant manages and maintains the accuracy of general ledger accounts, ensuring that all financial transactions are correctly recorded. This includes preparing and posting journal entries, reconciling accounts on a regular basis, and investigating any discrepancies. Through diligent account reconciliation, the Accountant ensures that the company’s financial records accurately reflect its financial position.
2. Financial Statement Preparation
   A critical responsibility of the Accountant is to prepare accurate financial statements, including the income statement, balance sheet, and cash flow statement. This involves gathering and analyzing financial data, performing calculations, and ensuring compliance with regulatory standards such as GAAP or IFRS. Accurate financial statements provide valuable insights to management and support strategic decision-making.
3. Budgeting and Forecasting Support
   The Accountant assists in the budgeting and forecasting processes by providing reliable financial data, analyzing trends, and preparing variance reports. This includes comparing actual performance with budgeted amounts and identifying areas for improvement. By supporting the budgeting and forecasting processes, the Accountant helps management plan for future financial needs and resource allocation.
4. Accounts Payable and Receivable Oversight
   In this role, the Accountant manages accounts payable (AP) and accounts receivable (AR) functions, ensuring timely processing of payments and collections. This includes reviewing invoices, processing payments, monitoring outstanding balances, and reconciling AR and AP accounts. Effective management of payables and receivables ensures a smooth cash flow and strengthens relationships with vendors and customers.
5. Compliance and Regulatory Reporting
   The Accountant ensures that all financial records and reports comply with local regulations and company policies. This includes preparing and submitting tax filings, such as VAT or sales tax returns, and supporting audits by providing necessary documentation. By maintaining compliance, the Accountant helps the organization avoid penalties and upholds its reputation.

Qualifications and Skills

• Bachelor’s degree in Accounting, Finance, or a related field (CPA or equivalent certification preferred)
• Minimum of 2-4 years of experience in accounting or finance roles
• Proficiency in accounting software (e.g., QuickBooks, SAP, or Oracle)
• Strong understanding of GAAP, IFRS, and other regulatory standards
• Excellent analytical and organizational skills
• High attention to detail and accuracy in financial reporting
• Strong communication skills for collaborating with team members and other departments
• Ability to manage deadlines, multitask, and work independently

The Accountant position is an excellent opportunity to contribute to the company’s financial stability and growth by managing key accounting functions, ensuring regulatory compliance, and supporting financial decision-making.

How to apply:

Send your updated resume to our email or directly reach us at our phone:

Email:   info@sibca.com

Phone:   +966 11 8363840