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indeed

Chief Accountant

scrub-n
Riyadh, KSA
Full-time
Onsite
SAR 7,500 to SAR 10,000 per month
Discovered 1 weeks ago
Retail accountingFinancial reportingGeneral LedgerAccounts ReceivableAccounts PayableInventory accounting
Free

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Retail accountingFinancial reportingGeneral Ledger
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Role Overview

The employer is seeking an experienced Chief Accountant for its Finance Department.

The role supports accounting operations and financial reporting in the retail sector.

The position is located in Riyadh, Saudi Arabia.

Key Responsibilities

  • Oversee and manage all company accounting operations.
  • Supervise and lead the accounting team and ensure accurate, timely work.
  • Prepare and review monthly and annual financial statements and management reports.
  • Manage the General Ledger, Accounts Receivable, Accounts Payable, and inventory.
  • Monitor branch sales and POS transactions and reconcile them with the accounting system.
  • Review bank reconciliations, cash balances, and daily POS settlements.
  • Analyze sales, costs, gross margins, and profitability for management reporting.
  • Monitor cash flow and support budgeting and financial forecasting.
  • Control expenses and ensure compliance with approved financial policies and procedures.
  • Lead monthly and annual closing activities and ensure accurate financial records.
  • Ensure compliance with Saudi ZATCA, Zakat, VAT, and other applicable regulations.
  • Coordinate with external auditors and provide required financial records.

Required Qualifications

  • Bachelor's degree in Accounting, Finance, or a related field.
  • At least five years of experience as a Chief Accountant.
  • Strong retail-sector experience, including multi-branch retail accounting.
  • Knowledge of POS reconciliation, inventory accounting, cost of sales, and gross profit analysis.
  • Hands-on experience with ERP systems and accounting software.
  • Advanced proficiency in Microsoft Excel.
  • Good knowledge of Saudi ZATCA, VAT, and Zakat regulations.
  • Strong financial analysis, reporting, leadership, problem-solving, and decision-making skills.
  • High attention to detail and ability to work under pressure.
  • English is required.

Preferred Qualifications

  • Experience with multi-branch retail companies or high-volume retail environments is preferred.
  • Experience reconciling POS data with accounting or ERP systems is preferred.
  • SOCPA, CPA, ACCA, or CMA certification is advantageous.

Compensation

  • Pay is SAR 7,500 to SAR 10,000 per month.

Workplace

  • Work location is in person in Riyadh.

What the Employer Offers

  • Competitive salary based on experience and qualifications.
  • Professional and dynamic work environment.
  • Career growth and development opportunities.
  • A key position within the Finance Department.

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