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.