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General accountant and accounts Manager

Unknown
Jeddah, KSA
Fulltime, Contract
Onsite
SAR 4,500 to SAR 6,000 per month
Discovered 1 weeks ago
General accountingFinancial reportingIndustrial cost accountingScrap inventory accountingCash flow managementAccounts payable
Free

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General accountingFinancial reportingIndustrial cost accounting
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Position Summary

Oversee all financial, accounting, and cash-flow activities for an iron and steel scrap recycling operation.

Manage scrap-specific accounting, including weighbridge ticket reconciliation, scrap grade yield valuations, scrap purchase cash management, and inventory write-downs.

Workplace

  • The position is onsite at a scrap yard and processing operation in Jeddah Industrial City 3.
  • Work is performed in person.

Key Responsibilities

  • Manage metal scrap inventory accounting for HMS 1/2, shred, turning, and busheling.
  • Track weight variances, moisture deductions, and sorting loss ratios.
  • Prepare month-end, quarter-end, and year-end close financial statements under GAAP and IFRS.
  • Calculate processing cost per metric ton for shredding, baling, torching, and freight or transportation.
  • Analyze yield margins across different scrap grades.
  • Oversee accounts payable for raw scrap purchases and reconcile weighbridge records with vendor payments.
  • Manage cash payouts for scrap deliveries and maintain internal controls and anti-fraud measures.
  • Oversee VAT, sales tax, reverse-charge, and environmental tax filings.
  • Direct, mentor, and evaluate junior accountants, scale managers, and billing staff.

Requirements and Qualifications

  • Minimum six years of experience in core accounting, including at least two years of leadership experience.
  • Experience in iron and steel scrap, steel manufacturing, metals trading, or heavy recycling is strongly preferred.
  • Bachelor’s degree in Accounting or Finance.
  • Expertise in ERP systems and integration with scrap scale management systems.
  • Advanced Excel proficiency.
  • In-depth understanding of industrial cost accounting, metric-ton yield reconciliation, and commodity price fluctuation impacts.

Pay

  • Pay is SAR 4,500 to SAR 6,000 per month.

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