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Chief Accountant - Auto Spare Parts Retail | Saudi Arabia

Chief Accountant - Auto Spare Parts Retail | Saudi Arabia

RAWAJRiyadh, Saudi Arabia
19 days ago
Job description

Overview Leverage your expertise and join a

fast-growing startup transforming the auto spare parts industry through digital innovation.

The company connects suppliers, retailers, and customers through a technology-driven marketplace that simplifies sourcing, inventory, and distribution across the region.

As

Chief Accountant , you will lead the financial operations of the company, ensuring compliance, accuracy, and strategic financial insight. This is a hands-on leadership role overseeing all aspects of accounting, from inventory and cost management to financial reporting and taxation - while supporting the business’s rapid growth and operational excellence.

Key Accountabilities

Lead and supervise all accounting functions, including

accounts payable, accounts receivable, general ledger, inventory accounting, and fixed assets .

Ensure accurate and timely

monthly, quarterly, and annual closings , including trial balances, balance sheets, and income statements.

Develop and maintain internal controls to safeguard company assets and ensure financial data integrity.

Oversee the implementation and continuous improvement of

ERP accounting systems

and related workflows.

Manage

inventory valuation, cost of goods sold (COGS) , and reconciliation processes across all warehouses and branches.

Monitor stock movements and coordinate with the operations and procurement teams to ensure accurate recording and reporting.

Conduct periodic

inventory audits

and variance analyses to maintain financial accuracy.

Ensure full compliance with

Saudi tax and financial regulations , including

VAT, Zakat, Withholding Tax (WHT), and Income Tax

requirements.

Prepare and submit all tax filings and coordinate with external auditors, tax consultants, and government authorities.

Maintain updated knowledge of evolving

SOCPA, IFRS, and ZATCA

regulations and their implications on company reporting.

Prepare

financial statements, management reports, and variance analyses

to support strategic decision-making.

Provide clear and accurate insights on cash flow, working capital, and financial performance to management.

Support the Head of Finance in

budgeting, forecasting, and financial planning

processes.

Supervise, mentor, and develop the accounting team, fostering a culture of accuracy, ownership, and accountability.

Collaborate closely with cross-functional departments (Operations, Procurement, Sales, and Logistics) to ensure financial alignment across the business.

Act as the primary point of contact for auditors, tax authorities, and financial institutions.

Identify opportunities to streamline financial processes, automate reporting, and enhance internal controls.

Lead initiatives to improve accounting efficiency and accuracy as the company scales.

Knowledge, Skills, and Experience

Bachelor’s degree

in Accounting, Finance, or a related field (Professional certifications such as

SOCPA, CPA, CMA, or ACCA

strongly preferred).

7–10 years

of progressive accounting experience, including

at least 3 years in a supervisory or chief accountant capacity , ideally within Saudi Arabia.

Deep understanding of

inventory and cost accounting , revenue recognition, and end-to-end accounting cycles.

Strong command of

Saudi tax laws

and compliance requirements (VAT, Zakat, WHT, Income Tax).

Hands-on expertise with

ERP systems

(e.g., SAP, Oracle, Odoo, or Microsoft Dynamics) and

advanced Excel proficiency .

Excellent analytical, organizational, and problem-solving skills with attention to detail.

Exceptional communication and interpersonal skills in

English and Arabic .

End of Description

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Chief Accountant • Riyadh, Saudi Arabia

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