7 Accounting Principles jobs in Riyadh

Overview

General Ledger Accountant

Based in: Riyadh, KSA

Estimated Pay: SAR 20K to 22K per month total package + Bonus (annual performance based) + Medical Insurance + Annual Flight (if an expat)

An international, leading software technology firm from the US, who are growing at a rapid speed internationally. They are launching an entity in KSA.

• 5+ years professional experience in Accounting, including General Ledger accounting expertise.
• Arabic and English fluency
• Previous work experience for a Big 4 audit, tax firm
• Work experience within a shared services function for an international business working from within KSA.
• IFRS reporting experience.
• Familiar working between US GAAP and local accounting methods in KSA.

• Degree educated in Accounting, Finance or similar
• Certified professional accounting qualifications such as (but not limited to); CFA, ACCA, Chartered Accountancy

• Day to day general ledger accounting
• You will become a signatory on the bank account in KSA and handle, coordinate the additional responsibilities that come with this.
• Coordinate with local tax firms to support with local compliance requirements associated with the new KSA entity set up
• Bank reconciliations working between US GAAP and local accounting to build bridging files.
• Dealing with the local banks

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• General Ledger Accounting
• Big 4
• Tax
• GAAP
• IFRS
• Arabic

Qiddiya Investment Company is at the forefront of entertainment and leisure development in Saudi Arabia, and we are looking for a detail-oriented and analytical individual to join our finance team as a Senior Specialist - General Ledger. In this role, you will be responsible for maintaining the integrity and accuracy of the general ledger, ensuring compliance with accounting standards and company policies.

• Manage and maintain the general ledger, including posting journal entries, reconciling accounts, and ensuring accuracy of financial data.
• Prepare monthly, quarterly, and annual financial statements and reports for management review.
• Ensure timely and accurate closing of financial periods and assist in the preparation of budgets and forecasts.
• Monitor and review financial transactions to identify discrepancies and ensure compliance with accounting practices.
• Collaborate with external auditors during the audit process, providing required documentation and explanations.
• Implement and maintain internal controls over financial reporting.
• Assist in developing and improving accounting processes and procedures to enhance efficiency and accuracy.
• Stay updated on changes in accounting regulations and best practices to ensure compliance.

• Bachelor's degree in Accounting, Finance, or a related field.
• A minimum of 2-4 years of experience in general accounting or finance roles.
• Strong understanding of accounting principles and regulations (IFRS/GAAP).
• Proficient in accounting software and ERP systems.
• Excellent analytical skills with a strong attention to detail.
• Ability to manage multiple priorities and meet tight deadlines.
• Strong communication and interpersonal skills for effective collaboration.
• Experience with financial reporting and reconciliations.
• Professional certification such as CPA or equivalent is a plus.

At Six Flags & Aquarabia Qiddiya City, the Senior Associate GL Taxation is responsible for leading and executing complex tax-related activities within the General Ledger team. This role ensures compliance with local and international tax laws, manages tax filings and audits, and supports strategic tax planning initiatives. The Senior Associate provides advanced technical support for VAT, withholding tax, and related areas, contributes to ERP tax automation, and acts as a key liaison with auditors and regulatory bodies. This role plays a critical part in minimizing tax risks and enhancing the accuracy and efficiency of taxation processes across the organization.

Education

Bachelor's degree in Accounting, Finance, or a related field.

Experience

3-6 years of relevant experience in a similar leadership role.

In-depth knowledge of local tax regulations, including VAT, withholding tax, and Zakat, as well as familiarity with international tax standards.

Skills

Strong experience with tax accounting, GL reconciliations, and financial statement disclosures.

Proficiency in ERP systems and tax modules (e.g., Oracle, SAP, Microsoft Dynamics).

Job Responsibilities:

1. Oversee the preparation, review, and submission of tax filings including VAT, withholding tax, and other direct and indirect taxes.
2. Ensure accuracy, completeness, and timely submission of all tax returns in compliance with regulatory requirements.
3. Lead reconciliation of tax accounts, identifying discrepancies and ensuring corrective actions.
4. Manage the integration of tax transactions into the general ledger and support tax-related journal entries and adjustments.
5. Supervise the documentation required for internal/external audits and ensure audit readiness.
6. Stay current on tax law updates and evaluate the implications of changes on the organization’s financial activities.
7. Identify process improvements and automation opportunities in ERP systems to enhance tax operations.
8. Coordinate with external advisors, auditors, and tax authorities on complex issues and ensure compliance with audit recommendations.
9. Prepare and review detailed tax reports, disclosures, and compliance documents for management.
10. Support tax planning initiatives, including tax impact analysis for new projects or changes in business operations.
11. Perform other related duties as assigned by leadership.

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Overview

Qiddiya Investment Company is at the forefront of entertainment and leisure development in Saudi Arabia, and we are looking for a detail-oriented and analytical individual to join our finance team as a Senior Specialist - General Ledger. In this role, you will be responsible for maintaining the integrity and accuracy of the general ledger, ensuring compliance with accounting standards and company policies.

• Manage and maintain the general ledger, including posting journal entries, reconciling accounts, and ensuring accuracy of financial data


• Prepare monthly, quarterly, and annual financial statements and reports for management review


• Ensure timely and accurate closing of financial periods and assist in the preparation of budgets and forecasts


• Monitor and review financial transactions to identify discrepancies and ensure compliance with accounting practices


• Collaborate with external auditors during the audit process, providing required documentation and explanations


• Implement and maintain internal controls over financial reporting


• Assist in developing and improving accounting processes and procedures to enhance efficiency and accuracy


• Stay updated on changes in accounting regulations and best practices to ensure compliance

• Bachelor's degree in Accounting, Finance, or a related field


• A minimum of 2-4 years of experience in general accounting or finance roles


• Strong understanding of accounting principles and regulations (IFRS/GAAP)


• Proficient in accounting software and ERP systems


• Excellent analytical skills with a strong attention to detail


• Ability to manage multiple priorities and meet tight deadlines


• Strong communication and interpersonal skills for effective collaboration


• Experience with financial reporting and reconciliations


• Professional certification such as CPA or equivalent is a plus

Qiddiya Investment Company is at the forefront of entertainment and leisure development in Saudi Arabia, and we are looking for a detail-oriented and analytical individual to join our finance team as a Senior Specialist - General Ledger. In this role, you will be responsible for maintaining the integrity and accuracy of the general ledger, ensuring compliance with accounting standards and company policies.

• Manage and maintain the general ledger, including posting journal entries, reconciling accounts, and ensuring accuracy of financial data.
• Prepare monthly, quarterly, and annual financial statements and reports for management review.
• Ensure timely and accurate closing of financial periods and assist in the preparation of budgets and forecasts.
• Monitor and review financial transactions to identify discrepancies and ensure compliance with accounting practices.
• Collaborate with external auditors during the audit process, providing required documentation and explanations.
• Implement and maintain internal controls over financial reporting.
• Assist in developing and improving accounting processes and procedures to enhance efficiency and accuracy.
• Stay updated on changes in accounting regulations and best practices to ensure compliance.

• Bachelor's degree in Accounting, Finance, or a related field.
• A minimum of 2-4 years of experience in general accounting or finance roles.
• Strong understanding of accounting principles and regulations (IFRS/GAAP).
• Proficient in accounting software and ERP systems.
• Excellent analytical skills with a strong attention to detail.
• Ability to manage multiple priorities and meet tight deadlines.
• Strong communication and interpersonal skills for effective collaboration.
• Experience with financial reporting and reconciliations.
• Professional certification such as CPA or equivalent is a plus.

Description

Prepare and assist in the preparation and initial review of the financial statements of entities administered by the Private Equity department in a timely, efficient and accurate manner adhering to the highest standards. More senior levels may also be expected to supervise and train junior staff.

ACCA / ACA / CPA /CIMA / Other equivalent

• Knowledge of regulatory issues, book-keeping
• Technical accounting knowledge (US /UK GAAP and IFRS)
• Ideally, knowledge of Guernsey Company Law

• Intermediate Excel skills (including Excel - Macro skills)
• Time Management & Organisational
• Working to Deadlines
• Accurate with attention to details
• Effective Communication skills (Verbal & Written)

Timetables:-

• Prepare and circulate accounts and tax timetables
• Support in planning activity of team Liaising with fund administrators
• Preparation and review of management fee calculations
• Advise on potential accounting issues & best practises

Client Reporting:-

• Critical background knowledge of entities worked on
• Effective communication with client, investors and other associated parties (based worldwide)
• Dealing with investor queries in an efficient and timely manner
• Issuing tax forms to investors prepared by client tax advisers
• Able to prepare and issue ad-hoc reports to client

Proforma Accounts:-

• Design proforma accounts, ensuring they are in accordance with appropriate regulations/standards
• Agree proforma with clients/auditors
• Maintain capital accounts for limited partnerships

Preparation of Accounts:-

• Liaising with other departments.
• Maintenance of client relationships
• Liaising re closing down of accounting periods
• Checking & maintaining ledger integrity
• Preparing standard accounts file
• Completion of appropriate checklists
• Liaising with auditors
• Preparing accounts for manager review/clearing points
• Sending accounts for inclusion in board packs
• Provision of information for US and UK tax returns

Bookkeeping / Cash Management:-

• Good understanding of bookkeeping including more complex transactions
• Understands cash management procedures for specific entities
• Able to check bank account reconciliations on a monthly basis
• Able to check cash reports on a monthly basis

Calls/Distributions:-

• Understands the call/distribution process
• Able to calculate the call/distribution amounts for recommendation by client
• Liaises with client and investors regarding receipt/payment of monies
• Liaises with financial institutions receiving or making payment of funds
• Reviews and maintains records

Company Secretarial Knowledge:-

• Understands Company Secretarial Procedures
• Understands how to prepare and review Company Minutes
• Understands how to prepare and review Company Agenda

Transfer of Shares or Limited Partnership Interests:-

• Understands the process applicable to the entity
• Understands anti-money laundering regulations and how to maintain records

Compliance and Regulation:-

• Has an understanding of the main Guernsey legislation as it effects entities under administration i.e. Guernsey Company Law, POI and FNCC legislation.

• Experience in preparing accounts
• Experience in Funds/Private Equity
• Previous supervisory experience