Senior Accountant – Contracting Company
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Key skills for this role
About the Role
We are seeking a highly experienced Senior Accountant to join our finance team in Riyadh. The ideal candidate has 5-10 years of accounting experience with strong exposure to contracting or construction companies, and will manage financial operations, project accounting, taxation, and compliance.
Key Skills for This Role
Responsibilities
- Prepare monthly, quarterly, and annual financial statements
- Manage project accounting activities including job costing, revenue recognition, progress billing, and subcontractor payments
- Maintain and manage the general ledger and perform reconciliations
- Oversee accounts payable and receivable operations
- Assist in payroll processing and ensure compliance with Saudi tax regulations
- Monitor daily cash flow and assist in preparing annual budgets
- Support internal and external audits
Requirements
- 5 10 years of accounting experience
- Minimum 3 5 years of experience in contracting or construction companies in Saudi Arabia or GCC
- Bachelor's Degree in Accounting, Finance, or related field
- Professional certifications such as SOCPA, CPA, ACCA, or CMA preferred
- Strong knowledge of Saudi VAT regulations, withholding tax, and ZATCA compliance
- Proficiency in ERP/accounting software such as SAP
- Advanced Microsoft Excel skills
- Fluency in English required
- Arabic language skills preferred
Full Job Posting
Job Summary
- We are seeking a highly experienced and detail oriented Senior Accountant to join our finance team in Riyadh, Saudi Arabia.
- The ideal candidate will have 5–10 years of accounting experience, with strong exposure to contracting or construction companies.
- The candidate will be responsible for managing financial operations, project accounting, taxation, budgeting, financial reporting, and compliance with Saudi regulations.
Key Responsibilities
- Prepare monthly, quarterly, and annual financial statements including balance sheet, profit & loss statement, and cash flow reports.
- Ensure all financial reports are accurate and prepared in accordance with accounting standards and company policies.
- Analyze financial data and provide management with insights related to project profitability, cost control, and financial performance.
- Assist management in budgeting, forecasting, and strategic financial planning.
- Manage project accounting activities including job costing, revenue recognition, progress billing, retention, and subcontractor payments.
- Monitor project budgets, variations, claims, and project related expenses.
- Coordinate with project managers to track project costs and ensure proper financial recording.
- Ensure compliance with contract terms and project financial requirements.
- Maintain and manage the general ledger and ensure accurate posting of all financial transactions.
- Perform monthly reconciliation of bank accounts, supplier accounts, customer accounts, and balance sheet schedules.
- Investigate and resolve discrepancies promptly.
- Oversee accounts payable and receivable operations.
Requirements
- 5–10 years of accounting experience.
- Minimum 3–5 years of experience in contracting or construction companies in Saudi Arabia or GCC.
- Strong knowledge of project accounting and construction financial operations.
- Bachelor’s Degree in Accounting, Finance, or related field.
- Professional certifications such as SOCPA, CPA, ACCA, or CMA are preferred.
- Strong understanding of accounting standards and financial reporting.
- Knowledge of Saudi VAT regulations, withholding tax, and ZATCA compliance.
- Proficiency in ERP/accounting software such as SAP.
- Advanced Microsoft Excel skills including Pivot Tables, VLOOKUP, and financial analysis.
- Strong analytical, organizational, and problem solving skills.
- Ability to work under pressure and manage multiple priorities.
- Excellent communication and interpersonal skills.
Pay
- Pay: ﷼6,000.00 ﷼8,000.00 per month
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