Senior Accounting Manager

Our client is a distinguished Retail & Distribution company in Saudi Arabia is seeking a Senior Accounting Manager to join its team in Riyadh.

Responsibilities:

• Supervise and manage day-to-day accounting activities, ensuring accuracy and compliance with established procedures.
• Oversee the accounts payable and accounts receivable functions.
• Lead the month-end and year-end closing processes to ensure timely and accurate financial reporting.
• Conduct thorough reviews of financial data to identify discrepancies and ensure completeness.
• Maintain and reconcile the general ledger, ensuring the accuracy of all financial transactions.
• Ensure timely processing of payroll and utility payments.
• Conduct revenue and expenditure variance analysis to identify trends and areas for improvement.
• Oversee capital assets reconciliation and fixed asset activities.
• Produce accurate and timely financial reports and statements for management review.
• Communicate financial results and analysis to key stakeholders.
• Coordinate and complete annual audits with external auditors.
• Ensure strict adherence to accounting methods, policies, and processes.
• Provide strategic financial recommendations to support business decision-making.
• Liaise with banks and related party accounts to strengthen financial partnerships.

KIPS:

• Accuracy of financial statements and reports.
• Timeliness of month-end and year-end processes.
• Timely payments and budget adherence.
• Effectiveness of revenue and expenditure variance analysis.
• Actionable insights derived from financial analysis.
• Implementation of process improvements to enhance efficiency.

Requirements:

• Bachelors degree in accounting, Finance, or a related field.
• 9-10 years of experience in accounting leadership roles, preferably within the retail and distribution sector.
• Strong background in managing diverse accounting functions.
• Advanced proficiency in accounting software and ERP systems.
• The ideal candidate should possess either a Certified Public Accountant (CPA) or Chartered Professional Accountant (CPA) certification.
• Strong understanding of regulatory compliance in accounting.

Ability to build and maintain strong relationships with external partners.

Accounts Receivable Accounts Payable Variance Analysis Regulatory Compliance Financial Transactions Accounting Software Capital Financial Data General Ledger Decision-Making Partnerships Financial Reporting Financial Analysis Reviews Retail Financial Statements Payroll Payments Accounting Finance Software Leadership Business Management