33 Accounting Principles jobs in Saudi Arabia

Overview

Establishment 1988 as part of Saudi Arabia’s strategy to develop self-sufficiency in civil and military aircraft maintenance, overhaul, and modifications through the transfer of technology and the development of Saudi nationals.

Vision : To lead the future of aviation, space, and defense – setting global standards while powering the ambition of Vision 2030.

Mission : To deliver high-quality aviation products and services that ensure exceptional customer satisfaction and long-term profitability

The GL Reporting Specialist is responsible for preparing, analyzing, and reconciling financial reports and statements in line with Saudi GAAP and IFRS standards. This role supports month-end and year-end closing activities, external audits, and ensures the accuracy and integrity of financial data to aid effective decision-making.

• Support month-end and annual closing activities, including preparation of management pack and financial statements.
• Prepare, review, and reconcile accruals, prepaid expenses, and balance sheet accounts.
• Perform cost and expense analysis and prepare relevant reports.
• Execute intercompany reconciliations and resolve discrepancies.
• Maintain the fixed asset registry including acquisitions, retirements, transfers, and location updates.
• Perform general cost accounting and other accounting department tasks.
• Document and substantiate financial transactions by auditing and verifying supporting documents.
• Maintain accounting controls by recommending and implementing policies and procedures.
• Investigate and resolve audit findings, discrepancies, and compliance issues.
• Perform any other duties assigned by the direct manager.

Must Have:

• Bachelor’s degree in Finance, Business Administration, or a related field.
• 3–5 years of relevant experience.
• Strong technical accounting experience.
• Professional certifications/courses (SOCPA, CMA, ACCA, CPA, CA) preferred.
• Proficiency in MS Office (Excel, Word, PowerPoint).
• ERP experience (Infor software preferred).
• Strong knowledge of Saudi GAAP and IFRS.
• Immediate availability is an advantage.
• Month-end and year-end closing, including audit support.
• Accruals and prepaid expenses recording.
• Balance sheet reconciliations and variance analysis.
• Cost and expense analysis and reporting.
• Intercompany reconciliations.
• Fixed asset management.
• Financial transaction documentation and auditing.
• Policy and procedure implementation for accounting controls.
• Audit issue resolution and compliance assurance.
• Attention to detail and accuracy.
• Strong analytical and problem-solving skills.
• Ability to work under pressure and meet deadlines.
• Effective communication and collaboration skills.
• High level of integrity and accountability.

• Associate

• Full-time

• Accounting/Auditing and Finance

• Defense and Space Manufacturing

This position is based in Damman, KSA for POSH Saudi Co. Ltd, a company under Kuok (Singapore) Limited.

Job Description:

Manage the General Ledger, ensuring that all transactions are posted on time, accurate and fully supported by back-up documentation. This will be done by collaborating with other departments to get all information required for each period closing.

• Create and post recurring and adjusting journal entries.

• Review all entries to ensure correctness and completeness.

• Prepare Monthly Balance Sheet Schedules to clear reconciling items on timely basis.

• Prepare VAT & WHT files for review of the Finance Manager.

• Supports the Asst. Finance Manager and the Finance Manager in the preparation of monthly reports to headquarters.

• Assist in the extraction and preparation of information required during audit.

• Other duties that may be assigned from time to time.

• Bachelor’s Degree in Accounting or related field.

• At least 3-4 years experience in similar role.

• Adept in using ERP System, knowledge of SAP is a plus.

• Proficiency in MS Office is required.

• English and Arabic Proficiency is required.

This position is based in Damman, KSA for POSH Saudi Co. Ltd, a company under Kuok (Singapore) Limited.

Job Description:

Manage the General Ledger, ensuring that all transactions are posted on time, accurate and fully supported by back-up documentation. This will be done by collaborating with other departments to get all information required for each period closing.

• Create and post recurring and adjusting journal entries.

• Review all entries to ensure correctness and completeness.

• Prepare Monthly Balance Sheet Schedules to clear reconciling items on timely basis.

• Prepare VAT & WHT files for review of the Finance Manager.

• Supports the Asst. Finance Manager and the Finance Manager in the preparation of monthly reports to headquarters.

• Assist in the extraction and preparation of information required during audit.

• Other duties that may be assigned from time to time.

• Bachelor’s Degree in Accounting or related field.

• At least 3-4 years experience in similar role.

• Adept in using ERP System, knowledge of SAP is a plus.

• Proficiency in MS Office is required.

• English and Arabic Proficiency is required.

Nova Water is Saudi Arabia's most iconic premium bottled water brand, recognized for its uncompromising quality and continuous innovation. As the Kingdom's leading water brand, Nova has earned the trust of consumers nationwide and remains a symbol of purity and pride. Rooted in the heart of this land, Nova continues to set the benchmark for hydration and brand excellence in Saudi Arabia.

Key Responsibilities:

• Support the Finance Director in managing timely monthly, quarterly, and year-end closings of the General Ledger (GL) system.
• Ensure reconciliation between General Ledger and Sub Ledgers.
• Develop, communicate, and monitor closing schedules to ensure adherence to deadlines.
• Oversee maintenance and accuracy of accounting records within the GL system.
• Recommend and implement system changes to comply with evolving legal, regulatory, and technological requirements.
• Review and approve manual journal entries and associated supporting documentation.
• Review and approve account analyses and ensure timely submission of account reconciliations with clear variance explanations.
• Collaborate with Cash Management, Accounts Receivable, Accounts Payable, and other departments to resolve discrepancies.
• Conduct actual vs. budget expense analysis and provide variance explanations.
• Assist in hiring, onboarding, and training of new General Ledger staff.
• Monitor Key Performance Indicators (KPIs) for the General Ledger department to ensure performance standards are met.
• Build and maintain a strong control environment to support scalability and ensure compliance with statutory and financial reporting requirements.
• Engage with stakeholders to understand key requirements and structure processes to meet business needs, including balance sheet and P&L variance reviews.
• Work with financial management teams across locations to develop and track performance metrics focused on continuous improvement.
• Establish and maintain internal controls and review cadence to ensure accurate and compliant financial reporting.
• Liaise with external auditors during year-end reviews and statutory audits.
• Continuously enhance existing processes and develop new procedures for improved efficiency and accuracy.
• Monitor and record investment-related accounting in financial statements in accordance with applicable accounting standards.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field is required
• +7 years of experience in a similar or senior role.
• Strong understanding of business functions, experience with
  account reconciliations
  ,
  journal entries
  , and
  financial analysis
• Experience in
  SAP / 4HANA
  is preferable.
• Ability to manage and motivate cross functional teams.

General Ledger Accountant

Work Location: KSA, Riyadh

Estimated Pay: circa SAR 25K pm + Medical Insurance + Bonus

Role Overview

As a
General Ledger Accountant
, you will be responsible for managing and maintaining accurate accounting records for a multinational technology and data organisation across Europe, Middle East and Africa region. The position requires strong technical accounting knowledge, collaboration within a matrix structure, and the ability to work independently.

Required Profile:

• 5+ years of general ledger accounting experience for an international company.
• At least 8-10 years of accounting experience in KSA.

• Additional AP/AR experience is a plus.

• Strong understanding of KSA local accounting standards and international standards (GAAP/IFRS).

• Advanced English (written and verbal).
• Excellent MS Office skills, especially Excel.

Education Background:

• Bachelor's degree in Accounting, Finance, or related field.
• Professional certifications (CPA, ACCA, CMA) are advantageous

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* Wij zullen nooit via WhatsApp of in een videogesprek vragen om jouw persoonlijke gegevens (zoals een kopie van je ID, bankgegevens of BSN).

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* If you're unsure whether a vacancy or contact person is legitimate, please reach out to us directly using the official contact details on our website.

KEY ACCOUNTABILITIES

• Perform month-end accounting activities such as reconciliations and journal entries.
• Coordinate with finance team to complete assigned accounting tasks within deadlines.
• Generate financial reports and statements to Managers for review.
• Respond to accounting inquiries from management in a timely fashion.
• Assist in auditing activities by providing necessary information and preparing requested documentations.
• Monitor and record financial transactions according to company policies and regulations.
• Assist the Chief Accountant in day to day accounting functions
• Overall responsibility of accounts payable function.
• Process outgoing payments in compliance with financial policies and procedures
• Perform day to day financial transactions, including verifying, classifying, and recording accounts payable data
• Reconcile the accounts payable ledger to ensure that all bills and payments are accounted for and properly posted.
• Maintain contracts of vendors and verify with payment requests.

job post start date : 30/09/2025

Job post end date : 09/10/2025

About the company :

Establishment 1988 as part of Saudi Arabia's strategy to develop self-sufficiency in civil and military aircraft maintenance, overhaul, and modifications through the transfer of technology and the development of Saudi nationals

Vision :

To lead the future of aviation, space, and defense – sitting global standards while powering the ambition of Vision 2030.

Mission :

To deliver high-quality aviation products and services that ensure exceptional customer satisfaction and long-term profitability

Role Purpose

The GL Reporting Specialist is responsible for preparing, analyzing, and reconciling financial reports and statements in line with Saudi GAAP and IFRS standards. This role supports month-end and year-end closing activities, external audits, and ensures the accuracy and integrity of financial data to aid effective decision-making.

Key Responsibilities

• Support month-end and annual closing activities, including preparation of management pack and financial statements.
• Prepare, review, and reconcile accruals, prepaid expenses, and balance sheet accounts.
• Perform cost and expense analysis and prepare relevant reports.
• Execute intercompany reconciliations and resolve discrepancies.
• Maintain the fixed asset registry including acquisitions, retirements, transfers, and location updates.
• Perform general cost accounting and other accounting department tasks.
• Document and substantiate financial transactions by auditing and verifying supporting documents.
• Maintain accounting controls by recommending and implementing policies and procedures.
• Investigate and resolve audit findings, discrepancies, and compliance issues.
• Perform any other duties assigned by the direct manager.

Qualifications & Requirements

Must Have:

• Bachelor's degree in Finance, Business Administration, or a related field.
• 3–5 years of relevant experience.
• Strong technical accounting experience.
• Professional certifications/courses (SOCPA, CMA, ACCA, CPA, CA) preferred.
• Proficiency in MS Office (Excel, Word, PowerPoint).
• ERP experience (Infor software preferred).
• Strong knowledge of Saudi GAAP and IFRS.
• Immediate availability is an advantage.

Technical Competencies

• Month-end and year-end closing, including audit support.
• Accruals and prepaid expenses recording.
• Balance sheet reconciliations and variance analysis.
• Cost and expense analysis and reporting.
• Intercompany reconciliations.
• Fixed asset management.
• Financial transaction documentation and auditing.
• Policy and procedure implementation for accounting controls.
• Audit issue resolution and compliance assurance.

Behavioral Competencies

• Attention to detail and accuracy.
• Strong analytical and problem-solving skills.
• Ability to work under pressure and meet deadlines.
• Effective communication and collaboration skills.
• High level of integrity and accountability.

Job Purpose:

The Accountant, General Ledger is responsible for recording financial transactions, maintaining GL accuracy, and

assisting in the finalization of trial balances. This role supports monthly and year-end closing processes to ensure reliable

financial reporting.

Key Duties & Responsibility:

1. Review parked journal entries, ensuring they comply with accounting standards and corporate policies.

2. Maintain the chart of accounts, updating it based on approved structural changes and system requirements.

3. Coordinate period close activities to facilitate timely completion of monthly and year-end processes.

4. Prepare and review balance sheet reconciliations, investigating and resolving un-reconciled items.

5. Analyze balance sheet and revenue accounts, identifying unusual variances and initiating corrective actions.

6. Review accruals related to capital and operational expenses, ensuring alignment with SOCPA standards.

7. Prepare closing entries and analyze trial balance for final account readiness.

8. Assist in audit processes, providing necessary documentation and explanations for GL-related queries.

9. Implement internal control procedures to minimize errors and ensure GL accuracy

Position Requirements :

Minimum Education Requirements:

University degree in a financial or accounting discipline.

Qualified accounting professional (CPA or equivalent) will be considered as an

advantage.

Minimum Experience Requirements:

5+ years' experience in accounting in industrial organization.

About Richemont
Richemont is a Switzerland-based luxury goods holding company, home to some of the world's leading Maisons in jewelry, watches, and writing instruments. Founded in 1988 by Johann Rupert, we are a family-spirited Group that values heritage and fosters untapped potential. At Richemont, you have the potential to be much more than your job title Join our creative, ambitious, and diverse team and take a decisive step towards your career development in the luxury industry.

Role Overview
We are seeking a detail-oriented and highly motivated General Ledger Accountant to join our FC&R team in KSA. Reporting to the Senior General Ledger, you will play a crucial role in ensuring the efficient administration and compliance of our regular operations and reporting, adhering to Richemont's finance policies, procedures, and international accounting standards. A key focus will be on treasury activities, continuous improvement, and establishing a culture of trust, compliance, and financial control.

Key Responsibilities

• Follow Richemont accounting policies, processes, and standard operating procedures.
• Ensure alignment with local laws and regulatory requirements (ZATCA, SAMA, MOC).
• Book accounting entries accurately and timely, in compliance with accounting standards.
• Provide accurate monthly reconciliations for transitory accounts, corporate cards, and procurement cards.
• Reconcile bank accounts to ensure data accuracy.
• Maintain and apply ICS controls.
• Post and reconcile intercompany transactions.
• Review and reconcile goods in transit.
• Process period-end adjustments (e.g., accruals, currency conversions).
• Maintain organized records and analysis.
• Provide clarification to FP&A and Finance operations regarding financial performance and accounting requirements.
• Manage communications with stakeholders (Boutiques, internal/external audit, ZATCA).
• Review payment runs and ensure ICS controls are applied.
• Respond to AP inquiries.
• Support local entity cash forecasting.
• Optimize and manage cash for working capital needs.
• Manage and control credit card issuance and usage.
• Maintain banking relationships and address queries.
• Review, calculate, and submit tax filings (VAT, WHT).
• Handle government Sadad payments and reconcile balances.
• Deliver operational tax support to Maisons.
• Manage tourist refund-related issues.
• Provide tax advice to the business and liaise with tax authorities and advisors.

Qualifications

• Bachelor's degree in Accounting (highly preferable).
• 0-1 years' experience in accounting and finance.
• Internship in the retail industry (advantageous).
• Knowledge of accounting department processes.
• Proficiency in Microsoft 365 tools (MS Teams, SharePoint).

Personal Attributes

• Effective communication and relationship-building skills.
• Presentation skills.
• Ability to work under pressure with multiple stakeholders.
• Adaptability to a fast-paced and changing environment.
• High attention to detail and accuracy.
• Proactive with strong time-management and organizational skills.
• Compliance mindset.
• High degree of credibility and integrity.

Work Environment & Culture
Richemont offers a great opportunity to work in a reputable and professional leading company in the luxury industry. We value diversity and provide a supportive environment for career development.