Overview Leverage your abilities and join the dynamic team of the market leader in the home improvement retail business.
An Accountant (SAP) , will play a critical role in managing accurate financial operations across multiple business functions. They will be detail-oriented, proficient in SAP, and possess strong knowledge of IFRS and local regulations. This position is central to maintaining financial integrity, fostering vendor relationships, and ensuring tax compliance within the retail sector.
Key Accountabilities
Execute month-end and year-end close processes in accordance with IFRS standards
Prepare and post journals, including
accruals, prepayments, allocations, and reclassifications .
Perform
suppliers’ reconciliations , resolving mismatches such as shortages, cost differences, extra receiving, or wrong receiving.
Manage and follow up on pending invoices and credit notes with vendors to ensure accurate accounts payable.
Oversee and ensure compliance with
indirect tax processes (VAT & WHT)
within Saudi regulations.
Handle
non-trading OPEX transactions , ensuring accurate classification and reporting.
Utilize
SAP FI / AP / AR modules
to manage journal entries, vendor invoices, customer invoices, and payment transactions.
Support financial reporting, variance analysis, and bank reconciliations for retail operations.
Collaborate with procurement, supply chain, and operations to ensure seamless financial flows.
Knowledge, Skills, and Experience
Bachelor’s degree in Accounting, Finance, or related field.
Minimum of 5–8 years of professional accounting experience, including at least 3 years of
hands-on experience with SAP
in a retail or FMCG environment.
Proven expertise in
general ledger accounting, accounts payable / receivable, reconciliations, financial close, and OPEX management .
Strong knowledge of
IFRS , with demonstrated ability to prepare financial statements.
Experience in
indirect tax compliance (VAT & WHT)
within Saudi Arabia.
Advanced
SAP knowledge , including FI (GL / AP / AR), MM (non-trade POs, GR / IR), and exposure to CO (cost centers / internal orders).
Proficiency in SAP key transactions such as
FB50, FB60, FB65, FB70, F-28, F-53, F110, F-03, F-32, FBL1N, MIRO, MIR5, FBL3N, FBL5N, GR / IR clearing, ME2N, ME23N.
Excellent
Excel skills
for financial modeling and reporting.
Strong analytical and problem-solving skills with attention to detail.
Effective communication skills in
English and Arabic .
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Accountant • Riyadh, Saudi Arabia