General accountant and accounts Manager
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Key skills for this role
Role Overview
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.
Key Skills for This Role
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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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