Senior Accountant

Job Title – Senior Accountant Location: Riyadh, Saudi Arabia About the Role We are seeking an experienced and detail-oriented Senior Accountant to oversee financial accounting, reporting, budgeting, and compliance activities. The role is responsible for ensuring accurate financial records, managing month-end and year-end closing processes, supporting business planning, and maintaining compliance with accounting standards and regulatory requirements. Experience within the food & beverage, restaurant, retail, or hospitality sector is highly preferred. Key Responsibilities Financial Accounting & General Ledger Oversee day-to-day accounting operations, ensuring accurate recording of financial transactions. Maintain and reconcile general ledger accounts and prepare journal entries. Manage month-end and year-end closing activities in accordance with accounting standards. Review accounting records and ensure the accuracy of financial data. Financial Reporting & Analysis Prepare monthly, quarterly, and annual financial statements and management reports. Analyze financial performance, profitability, revenue, and operating expenses. Conduct variance analysis against budgets and forecasts. Provide financial insights and recommendations to support management decision-making. Accounts Payable, Receivable & Cash Management Oversee accounts payable and receivable processes to ensure timely payments and collections. Monitor cash flow, working capital, and banking transactions. Perform bank reconciliations and maintain accurate cash records. Ensure proper reconciliation of supplier, customer, and intercompany accounts. Budgeting & Cost Control Assist in preparing annual budgets, financial forecasts, and business plans. Monitor departmental expenses against approved budgets. Support cost control initiatives by identifying opportunities for operational efficiencies. Conduct financial analysis to improve profitability and resource utilization. Taxation & Regulatory Compliance Ensure compliance with Saudi tax regulations, including VAT and Zakat requirements where applicable. Prepare and review tax filings and statutory reports. Coordinate with internal and external auditors during audit engagements. Maintain compliance with accounting policies, internal controls, and regulatory standards. Internal Controls & Process Improvement Strengthen financial controls and accounting procedures. Recommend and implement process improvements to enhance operational efficiency. Ensure accurate documentation and secure maintenance of financial records. Support ERP implementation and finance system enhancements when required. Team Collaboration & Leadership Provide guidance and support to junior accountants and finance team members. Collaborate with operations, procurement, HR, and management on financial matters. Assist the Finance Manager in achieving departmental objectives. Promote a culture of accountability, accuracy, and continuous improvement. Qualifications & Experience Bachelor's Degree in Accounting, Finance, Commerce, or a related field. Professional qualification such as SOCPA, ACCA, CPA, CA, CMA, or equivalent is highly preferred. 6–10 years of experience in accounting or finance, including experience in a senior accounting role. Experience within the restaurant, food & beverage, retail, hospitality, or consumer goods industry is highly preferred. Strong knowledge of IFRS, VAT regulations, financial reporting, and internal controls. Key Skills & Competencies Financial accounting and reporting General ledger management Budgeting and financial planning Accounts payable and receivable Cash flow and working capital management VAT, Zakat, and statutory compliance Financial analysis and cost control ERP systems and advanced Microsoft Excel Leadership and team collaboration Strong analytical, organizational, and problem-solving skills What We Offer Competitive salary and comprehensive benefits package Opportunity to work with a leading organization in the food and hospitality sector Professional and collaborative work environment Career growth and leadership development opportunities Exposure to multi-unit financial operations and strategic business planning Apply now!