Accounting Senior Specialist

Job Description

Alnafitha IT is a leading independent provider of IT services and solutions in Saudi Arabia, founded in 1993.

As a fully Saudi-owned company, we have established ourselves from a startup business to a market leader, offering a comprehensive range of IT solutions tailored to meet the unique requirements of our clients.

Our expertise spans across various domains, including Microsoft, AWS, ManageEngine, and Zoho Solutions, ensuring that we deliver strategic IT solutions that drive digital transformation and operational excellence to our clients.

With over 30 years of experience, Alnafitha IT has successfully completed more than 4,000 projects, serving over 3,000 satisfied customers, and collaborating with 65+ partners.

Our commitment to excellence is evident in our customer-centric approach, which emphasizes engagement, collaboration, and a relentless pursuit of quality in every interaction

Our vision is to be the Kingdom's most customer-centric provider for digital transformation and consultation, fostering innovation and excellence in all our solutions. We are dedicated to optimizing operational efficiency and ensuring effective resource utilization to enhance customer satisfaction and profitability

At Alnafitha IT, we believe in empowering our employees and nurturing their growth, which is essential for driving leadership in technology and customer satisfaction. As we continue to expand our presence in the IT landscape, we remain committed to delivering cutting-edge solutions that not only meet but exceed our clients' expectations.

Job Summary/Objective

The Accountant Senior Specialist is responsible for managing the end-to-end financial operations of the organization, ensuring accuracy, compliance, and efficiency across all processes. This role oversees payment request processing, accounts payable, payroll administration, general ledger management, tax compliance, and financial reporting. The Senior Specialist develops budgets and forecasts, conducts variance analysis, and provides actionable financial insights to support strategic decision-making.

Additionally, the role ensures compliance with accounting standards, regulatory requirements, and internal controls while driving process improvements to enhance financial performance and operational efficiency

Key Responsibilities:

Payment Request Processing

• Manage the end-to-end processing of payment requests, including thorough verification and validation of supporting documents to ensure accuracy and compliance with company policies

• Coordinate and secure necessary internal approvals in a timely manner

• Execute payments through various modes such as bank transfer, cheque, cash, or online payment, ensuring proper documentation and record-keeping

Financial Records and Compliance

• Maintain accurate financial records and ensure compliance with accounting standards

• Document business processes and accounting policies to strengthen internal controls

Financial Reporting

• Prepare accurate financial statements and regulatory reporting documents, including consolidated financial statements

• Support the efficient, accurate, and timely production of financial reports

• Assist with the preparation of reports and presentations for Board of Directors and Audit Committee meetings

• Respond to inquiries regarding financial results and special reporting requests

• Review and validate journal entries to ensure accuracy, completeness, and compliance with accounting standards and company policies

• Manage monthly, quarterly, and annual closing activities, ensuring timely and accurate financial reporting

• Coordinate with relevant departments to resolve discrepancies and maintain the integrity of the general ledger

Account Management and Analysis

• Conduct month-end and year-end closing processes, ensuring accuracy and compliance with laws and regulations

• Analyze financial data to identify discrepancies and ensure accurate reporting

• Perform account analysis and oversee journal entries and account reconciliations

Accounts Payable and Payroll

• Manage accounts payable processes, ensuring timely processing of invoices

• Oversee the complete payroll cycle, including validation of payroll inputs to ensure accuracy and compliance with internal policies and legal requirements

• Conduct thorough payroll review and reconciliation to identify and resolve discrepancies

• Coordinate and secure management approval for finalized payroll

• Execute timely and accurate salary disbursement through approved payment channels, maintaining proper documentation and confidentiality

Tax Compliance

• Prepare and file tax returns, ensuring compliance with tax regulations

• Support the design and implementation of new policies and procedures related to audit requirements and business activities

Process Improvement

• Assist in monitoring the need for business process improvements and help design processes, procedures, and reporting enhancements

• Work with and support the accounting team in day-to-day activities, special projects, and workflow process improvements.

Budgeting and Financial Forecasting

• Develop budgets and financial plans for the company based on research and data reports

• Support the preparation and consolidation of annual budgets and periodic forecasts in alignment with organizational goals

Requirements

Qualifications

• Education:
  
• Bachelor's degree in accounting, Finance, or a related field
  
• Master's degree in accounting, Finance, or Business Administration (preferred)
  
• Experience:
  
• Minimum of 4 years of experience in accounting or finance roles, with a focus on financial reporting and analysis
  
• Proficient in accounting software
  
• Familiarity with financial reporting standards and tax regulations
  
• Strong analytical and problem-solving skills with attention to detail
  
• Ability to analyze financial data and identify trends
  
• Excellent written and verbal communication skills
  
• Ability to present financial information to non-financial stakeholders
  
• Strong collaboration and teamwork abilities
  
• Ability to work effectively with cross-functional teams