112 Accounting Specialist jobs in Saudi Arabia

The Accounting Specialist will support financial accounting operations, including general ledger maintenance, financial reporting, compliance, reconciliation, and cost analysis. The role also includes accounts payable and receivable management, cash flow monitoring, tax compliance, and audit support, ensuring accuracy and timeliness in financial transactions while maintaining strong internal controls.

Key Responsibilities :

1. Budgeting & Financial Planning

• Prepare annual budgets, quarterly management accounts, and ad-hoc reports, ensuring accurate financial planning and alignment with company objectives.
• Develop financial performance reports at the Business Unit level, highlighting cost / revenue trends and identifying areas requiring corrective action.
• Prepare projected financial statements based on approved budgets to provide visibility into future financial performance.
• Maintain and update Wa’ed’s general ledger, ensuring accurate recording of financial transactions in accordance with internal procedures, regulatory standards, and international accounting practices.
• Conduct monthly account reconciliations, analyzing account movements, clearing outstanding items, and ensuring accurate ledger balances.
• Review general ledger allocations, responding to queries from internal departments and preparing journal vouchers for necessary corrections or reclassifications.
• Control and monitor general ledger accounts, ensuring total debits and credits are reconciled, and all transactions align with accounting standards.
• Oversee fixed asset management, including classification, depreciation schedules, write-offs, and compliance with fixed asset accounting policies.

3. Accounts Payable

• Process and verify invoices, cash calls, disbursements, advance payments, and other ad-hoc payments, ensuring accuracy, compliance with contractual terms, and adherence to processing deadlines.

4. Accounts Receivable & Collections

• Prepare and track ageing reports, ensuring timely collection of outstanding receivables.
• Communicate collection updates to the operations team, assisting in follow-ups and resolution of overdue accounts.

5. Banking & Cash Management

• Monitor daily cash positions and bank balances, ensuring sufficient liquidity to meet financial obligations.
• Prepare cash call requests to Saudi Aramco for funding needs.
• Coordinate with banks to obtain statements, investigating and resolving discrepancies or unexpected charges.
• Prepare bank reconciliations, ensuring alignment between financial records and banking transactions.

6. Financial Reporting & Audit Support

• Prepare year-end financial statements and supporting documents, ensuring compliance with Wa’ed’s accounting policies, chart of accounts, and accounting standards.
• Liaise with external auditors, providing necessary documentation and responses during audits.
• Assist in the preparation of VC valuations, loan provisioning, and other financial workings to support financial statement entries.
• Prepare financial stewardship reports, including KPI / LOI reporting to meet Saudi Aramco requirements.
• Prepare promissory notes for entrepreneurs and conduct functional reviews or financial due diligence on loan and VC transactions.
• Develop familiarity with investee valuation exercises and the ability to conduct independent financial valuations using methodologies such as DCF, market comparables, and transaction analysis.
• Critically evaluate valuation assumptions, identifying risks, inconsistencies, or potential overstatements in financial projections.

8. Compliance, Policies & Internal Controls

• Implement and maintain accounting policies, procedures, and internal controls, ensuring compliance with regulatory requirements.
• Support process improvements to enhance efficiency, accuracy, and cost-effectiveness in financial operations.

Working Conditions

The Accounting Specialist will work in a dynamic and fast-paced environment, often under tight deadlines, with a supportive finance team. The position may occasionally require extended hours or weekend work to meet reporting deadlines.

Qualifications and general competencies :

• Bachelor’s degree in Accounting, Finance, or a related field.
• 5-10 years of relevant experience in accounting or finance.
• Partial or full pursuit of SOCPA, CPA, ACCA, CMA, or CFA certification is strongly preferred.
• Strong knowledge of accounting principles and financial reporting standards.
• Proficiency in accounting software and financial management tools.
• Excellent attention to detail and accuracy in financial reporting.
• Strong problem-solving skills and ability to work in a fast-paced environment.
• Ability to collaborate effectively within teams and work independently when needed.
• Strong communication written and presentation skills to interact with internal and external stakeholders.
• Ability to multitask while meeting deadlines and maintaining a high level of efficiency.

Company Description: Egis is an international player active in architecture, consulting, construction engineering and mobility services. We create and operate intelligent infrastructures and buildings that respond to the climate emergency and contribute to more balanced, sustainable and resilient territorial development. Operating in 100 countries, Egis puts the expertise of its 19,500 employees at the service of its clients and develops cutting-edge innovations accessible to all projects. Through its wide range of activities, Egis is a key player in the collective organisation of society and the living environment of citizens all over the world. With 3,500 employees across 8 countries in the Middle East, Egis has delivered over 700 complex development projects, stimulating economic growth and enhancing quality of life. Ranked among the top ten firms in the Middle East by Engineering News Record (ENR), Egis is committed to sustainable development. The Group’s operations in the Middle East are built on strategic acquisitions and a deep understanding of local market conditions. Egis’ long history of providing comprehensive engineering, consulting, and project management services makes it a trusted partner for regional governments, investors, and developers.

Job Summary: The Accounting Specialist is responsible for managing day-to-day financial transactions, ensuring accuracy in financial reporting, and supporting the broader finance team in budgeting, audits, and compliance. This role requires strong analytical skills, attention to detail, and a solid understanding of accounting principles and systems.

• Financial Transactions and Recordkeeping: Process accounts payable and receivable, ensuring timely and accurate entries. Reconcile bank statements, investor and tenant accounts, and general ledger balances. Maintain financial records in accordance with company policies and accounting standards.
• Reporting and Analysis: Prepare monthly, quarterly, and annual financial reports. Assist in budget preparation and variance analysis. Support internal and external audits by providing necessary documentation.
• Compliance and Controls: Ensure compliance with local tax laws, financial regulations, and internal controls. Assist in preparing tax filings and regulatory reports. Monitor financial procedures and recommend improvements.
• System & Process Management: Utilise accounting software (e.g., SAP, Oracle, QuickBooks) for transaction processing and reporting. Support system upgrades and data integrity initiatives. Collaborate with other departments to ensure accurate financial data flow.

• Bachelor’s degree in Accounting, Finance, or related field.
• 5 years of experience in accounting or finance roles.
• Strong knowledge of Generally Accepted Accounting Principles (GAAP USA) or International Financial Reporting Standards (IFRS standards).
• Proficiency in Microsoft Excel and accounting software.
• Excellent organisational and communication skills.

• Certified Public Accountant (CPA)
• Certified Management Accountant (CMA)
• Chartered Accountant (CA) – if applicable regionally
• ACCA or CIMA – for international or UK-aligned roles

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Accounting/Auditing

Industry: Civil Engineering

Get AI-powered advice on this job and more exclusive features.

Job Summary:

The Accounting Specialist will support financial accounting operations, including general ledger maintenance, financial reporting, compliance, reconciliation, and cost analysis. The role also includes accounts payable and receivable management, cash flow monitoring, tax compliance, and audit support, ensuring accuracy and timeliness in financial transactions while maintaining strong internal controls.

Job Summary:

The Accounting Specialist will support financial accounting operations, including general ledger maintenance, financial reporting, compliance, reconciliation, and cost analysis. The role also includes accounts payable and receivable management, cash flow monitoring, tax compliance, and audit support, ensuring accuracy and timeliness in financial transactions while maintaining strong internal controls.

Key Responsibilities:

• Budgeting & Financial Planning
• Prepare annual budgets, quarterly management accounts, and ad-hoc reports, ensuring accurate financial planning and alignment with company objectives
• Develop financial performance reports at the Business Unit level, highlighting cost/revenue trends and identifying areas requiring corrective action
• Prepare projected financial statements based on approved budgets to provide visibility into future financial performance
• Financial Accounting & Bookkeeping
• Maintain and update Wa'ed's general ledger, ensuring accurate recording of financial transactions in accordance with internal procedures, regulatory standards, and international accounting practices
• Conduct monthly account reconciliations, analyzing account movements, clearing outstanding items, and ensuring accurate ledger balances
• Review general ledger allocations, responding to queries from internal departments and preparing journal vouchers for necessary corrections or reclassifications
• Control and monitor general ledger accounts, ensuring total debits and credits are reconciled, and all transactions align with accounting standards
• Oversee fixed asset management, including classification, depreciation schedules, write-offs, and compliance with fixed asset accounting policies
• Accounts Payable
• Process and verify invoices, cash calls, disbursements, advance payments, and other ad-hoc payments, ensuring accuracy, compliance with contractual terms, and adherence to processing deadlines
• Accounts Receivable & Collections
• Prepare and track ageing reports, ensuring timely collection of outstanding receivables
• Communicate collection updates to the operations team, assisting in follow-ups and resolution of overdue accounts
• Banking & Cash Management
• Monitor daily cash positions and bank balances, ensuring sufficient liquidity to meet financial obligations
• Prepare cash call requests to Saudi Aramco for funding needs
• Coordinate with banks to obtain statements, investigating and resolving discrepancies or unexpected charges
• Prepare bank reconciliations, ensuring alignment between financial records and banking transactions
• Financial Reporting & Audit Support
• Prepare year-end financial statements and supporting documents, ensuring compliance with Wa'ed's accounting policies, chart of accounts, and accounting standards
• Liaise with external auditors, providing necessary documentation and responses during audits
• Assist in the preparation of VC valuations, loan provisioning, and other financial workings to support financial statement entries
• Prepare financial stewardship reports, including KPI/LOI reporting to meet Saudi Aramco requirements
• Financial Due Diligence, Valuation & Reporting Support
• Prepare promissory notes for entrepreneurs and conduct functional reviews or financial due diligence on loan and VC transactions
• Develop familiarity with investee valuation exercises and the ability to conduct independent financial valuations using methodologies such as DCF, market comparables, and transaction analysis
• Critically evaluate valuation assumptions, identifying risks, inconsistencies, or potential overstatements in financial projections
• Compliance, Policies & Internal Controls
• Implement and maintain accounting policies, procedures, and internal controls, ensuring compliance with regulatory requirements
• Support process improvements to enhance efficiency, accuracy, and cost-effectiveness in financial operations
  
  

• Bachelor's degree in Accounting, Finance, or a related field
• 5-10 years of relevant experience in accounting or finance
• Partial or full pursuit of SOCPA, CPA, ACCA, CMA, or CFA certification is strongly preferred
• Strong knowledge of accounting principles and financial reporting standards
• Proficiency in accounting software and financial management tools
• Excellent attention to detail and accuracy in financial reporting
• Strong problem-solving skills and ability to work in a fast-paced environment
• Ability to collaborate effectively within teams and work independently when needed
• Strong communication written and presentation skills to interact with internal and external stakeholders
• Ability to multitask while meeting deadlines and maintaining a high level of efficiency

• Seniority level Mid-Senior level

• Employment type Full-time

• Job function Other
• Industries IT Services and IT Consulting

Referrals increase your chances of interviewing at Wa'ed Ventures by 2x

Al Khobar, Eastern, Saudi Arabia 1 day ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

The Accounting Specialist will support financial accounting operations, including general ledger maintenance, financial reporting, compliance, reconciliation, and cost analysis. The role also includes accounts payable and receivable management, cash flow monitoring, tax compliance, and audit support, ensuring accuracy and timeliness in financial transactions while maintaining strong internal controls.

Key Responsibilities :

1. Budgeting & Financial Planning

• Prepare annual budgets, quarterly management accounts, and ad-hoc reports, ensuring accurate financial planning and alignment with company objectives.
• Develop financial performance reports at the Business Unit level, highlighting cost / revenue trends and identifying areas requiring corrective action.
• Prepare projected financial statements based on approved budgets to provide visibility into future financial performance.
• Maintain and update Wa’ed’s general ledger, ensuring accurate recording of financial transactions in accordance with internal procedures, regulatory standards, and international accounting practices.
• Conduct monthly account reconciliations, analyzing account movements, clearing outstanding items, and ensuring accurate ledger balances.
• Review general ledger allocations, responding to queries from internal departments and preparing journal vouchers for necessary corrections or reclassifications.
• Control and monitor general ledger accounts, ensuring total debits and credits are reconciled, and all transactions align with accounting standards.
• Oversee fixed asset management, including classification, depreciation schedules, write-offs, and compliance with fixed asset accounting policies.

3. Accounts Payable

• Process and verify invoices, cash calls, disbursements, advance payments, and other ad-hoc payments, ensuring accuracy, compliance with contractual terms, and adherence to processing deadlines.

4. Accounts Receivable & Collections

• Prepare and track ageing reports, ensuring timely collection of outstanding receivables.
• Communicate collection updates to the operations team, assisting in follow-ups and resolution of overdue accounts.

5. Banking & Cash Management

• Monitor daily cash positions and bank balances, ensuring sufficient liquidity to meet financial obligations.
• Prepare cash call requests to Saudi Aramco for funding needs.
• Coordinate with banks to obtain statements, investigating and resolving discrepancies or unexpected charges.
• Prepare bank reconciliations, ensuring alignment between financial records and banking transactions.

6. Financial Reporting & Audit Support

• Prepare year-end financial statements and supporting documents, ensuring compliance with Wa’ed’s accounting policies, chart of accounts, and accounting standards.
• Liaise with external auditors, providing necessary documentation and responses during audits.
• Assist in the preparation of VC valuations, loan provisioning, and other financial workings to support financial statement entries.
• Prepare financial stewardship reports, including KPI / LOI reporting to meet Saudi Aramco requirements.
• Prepare promissory notes for entrepreneurs and conduct functional reviews or financial due diligence on loan and VC transactions.
• Develop familiarity with investee valuation exercises and the ability to conduct independent financial valuations using methodologies such as DCF, market comparables, and transaction analysis.
• Critically evaluate valuation assumptions, identifying risks, inconsistencies, or potential overstatements in financial projections.

8. Compliance, Policies & Internal Controls

• Implement and maintain accounting policies, procedures, and internal controls, ensuring compliance with regulatory requirements.
• Support process improvements to enhance efficiency, accuracy, and cost-effectiveness in financial operations.

Working Conditions

The Accounting Specialist will work in a dynamic and fast-paced environment, often under tight deadlines, with a supportive finance team. The position may occasionally require extended hours or weekend work to meet reporting deadlines.

Qualifications and general competencies :

• Bachelor’s degree in Accounting, Finance, or a related field.
• 5-10 years of relevant experience in accounting or finance.
• Partial or full pursuit of SOCPA, CPA, ACCA, CMA, or CFA certification is strongly preferred.
• Strong knowledge of accounting principles and financial reporting standards.
• Proficiency in accounting software and financial management tools.
• Excellent attention to detail and accuracy in financial reporting.
• Strong problem-solving skills and ability to work in a fast-paced environment.
• Ability to collaborate effectively within teams and work independently when needed.
• Strong communication written and presentation skills to interact with internal and external stakeholders.
• Ability to multitask while meeting deadlines and maintaining a high level of efficiency.

Company Description

GFS Express is a leading company in shipping and delivery services. We offer integrated solutions for transportation, storage, and customs clearance, with a focus on quality and reliability. Our mission is to provide clients with efficient and dependable services tailored to their needs.

Key Responsibilities

1. Bank Statement Management

2. Download and upload monthly statements to the shared drive.

3. Keep files organized for easy tracking and audits.

4. Expense Reconciliation & Reporting

5. Review WeCom expense requests and invoices.

6. Match expenses with bank statements.
7. Categorize by hub/cost center.

8. Prepare accurate weekly reports.

9. Transaction Processing & Documentation

10. Execute payments via WeCom and SADAD.

11. Attach transfer receipts to requests.
12. Ensure 100% accuracy in amounts and details.

13. Maintain clear transaction records.

14. Bank Balance Monitoring

15. Check balance twice daily.

16. Report irregularities immediately.

17. Bank Document Preparation

18. Provide authorization letters or transaction proofs as needed

Qualifications

• Bachelor's degree in Business Administration, Finance, or related field (preferred).

• Work Language: English (Master)

• Proficiency in MS Office (Excel, Word, Outlook); ERP experience preferred.

• Good communication skills.

The Accounting Specialist will be part of a high-performing finance team based at our Head Office . This role supports the organization's financial integrity by managing core accounting functions and collaborating with cross-functional teams including operations, treasury, and audit. The work environment is structured, fast-paced, and detail-oriented, with a strong emphasis on accuracy, compliance, and continuous improvement.

You will engage with internal stakeholders to ensure timely and accurate financial reporting, and with external entities such as banks and fiscal authorities to maintain smooth financial operations. The role offers exposure to a wide range of accounting activities—from managing accounts payable and fixed assets to supporting month-end closings and audit processes—making it ideal for professionals seeking growth and impact in a collaborative setting

Accounts Payable & Expense Management

• Oversee the accounts payable process, including reviewing and verifying invoices, coding expenses, and ensuring timely and accurate posting.

Banking & Treasury Support

• Manage bank accounts and cash balances, including bank reconciliations and monitoring cash flow.
• Prepare cash position and cash forecast reports to support treasury planning and decision-making.
• Handle relationships with banks and fiscal authorities.

Fixed Assets Management

• Maintain accurate records of fixed assets including acquisition, depreciation, and disposal.
• Coordinate with relevant stakeholders to conduct periodic physical asset verification.
• Prepare fixed asset-related reports.

Inventory Accounting

• Record and post inventory transactions, including purchases and adjustments.
• Coordinate with the operations team to ensure accurate inventory valuation.

Financial Reporting & Audit Support

• Assist the Chief Accountant in preparing financial statements and report analysis.
• Participate in month-end closing processes.
• Support internal and external audits by providing necessary documentation and explanations.

• Bachelor's degree in Accounting.
• Minimum of 2 years of experience in accounting or finance roles.
• Strong understanding of accounting principles and financial reporting.
• Proficiency in accounting software and Microsoft Excel.
• Excellent attention to detail and organizational skills.
• Strong communication and interpersonal abilities.
• Ability to work independently and collaboratively in a fast-paced environment
• Language: Fluent in English and Arabic

TotalEnergies valorise la diversité, promeut le développement individuel et offre des opportunités d'emploi égales à tous les candidats.

Company Description
Egis is an international player active in architecture, consulting, construction engineering and mobility services. We create and operate intelligent infrastructures and buildings that respond to the climate emergency and contribute to more balanced, sustainable and resilient territorial development. Operating in 100 countries, Egis puts the expertise of its 19,500 employees at the service of its clients and develops cutting-edge innovations accessible to all projects. Through its wide range of activities, Egis is a key player in the collective organisation of society and the living environment of citizens all over the world.

With 3,500 employees across 8 countries in the Middle East, Egis has delivered over 700 complex development projects, stimulating economic growth and enhancing quality of life. Ranked among the top ten firms in the Middle East by Engineering News Record (ENR), Egis is committed to sustainable development. The Group's operations in the Middle East are built on strategic acquisitions and a deep understanding of local market conditions. Egis' long history of providing comprehensive engineering, consulting, and project management services makes it a trusted partner for regional governments, investors, and developers.

Job Description
Job Summary:
The Accounting Specialist is responsible for managing day-to-day financial transactions, ensuring accuracy in financial reporting, and supporting the broader finance team in budgeting, audits, and compliance. This role requires strong analytical skills, attention to detail, and a solid understanding of accounting principles and systems.

Key Responsibilities:
Financial Transactions and Recordkeeping

• Process accounts payable and receivable, ensuring timely and accurate entries.
• Reconcile bank statements, investor and tenant accounts, and general ledger balances.
• Maintain financial records in accordance with company policies and accounting standards.

Reporting and Analysis

• Prepare monthly, quarterly, and annual financial reports.
• Assist in budget preparation and variance analysis.
• Support internal and external audits by providing necessary documentation.

Compliance and Controls

• Ensure compliance with local tax laws, financial regulations, and internal controls.
• Assist in preparing tax filings and regulatory reports.
• Monitor financial procedures and recommend improvements.

System & Process Management

• Utilise accounting software (e.g., SAP, Oracle, QuickBooks) for transaction processing and reporting.
• Support system upgrades and data integrity initiatives.
• Collaborate with other departments to ensure accurate financial data flow.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 5 years of experience in accounting or finance roles.
• Strong knowledge of Generally Accepted Accounting Principles (GAAP USA) or International Financial Reporting Standards (IFRS standards).
• Proficiency in Microsoft Excel and accounting software.
• Excellent organisational and communication skills.

Additional Information

• Certified Public Accountant (CPA)
• Certified Management Accountant (CMA)
• Chartered Accountant (CA) – if applicable regionally
• ACCA or CIMA – for international or UK-aligned roles

Company Description

Multimedia is a one-stop agency providing all marketing solutions needed for the digital transformation journey. With a focus on prioritizing to turn visions into reality, Multimedia boasts over 14 years of experience from its creative team.

Role Description

This is a full-time on-site role for an Accounting Specialist located in Riyadh, Saudi Arabia. The Accounting Specialist will be responsible for day-to-day financial tasks including preparing financial statements, managing accounting software, recording journal entries, and utilizing analytical skills to support financial decision-making. The role entails closely working with the finance team to ensure accurate and efficient financial operations.

Qualifications

• Experience in preparing Financial Statements and managing Journal Entries
• Proficiency in using Accounting Software
• Strong Finance and Analytical Skills
• Excellent attention to detail and organizational skills
• Ability to work effectively in a team and on-site environment
• Bachelor's degree in Accounting, Finance, or related field
• Experience in the marketing or digital transformation industry is a plus

We are looking for an
Accounting Specialist
to play a key role in supporting our daily financial operations. This position requires strong attention to detail, analytical thinking, and a proactive approach.

Responsibilities

• Manage daily accounting tasks, including AP, AR, and journal entries.
• Reconcile bank statements, credit cards, and other financial accounts.
• Assist in the preparation of monthly, quarterly, and annual financial reports.
• Help support audits, tax filings, and compliance activities.
• Maintain accurate and organized financial records
• Collaborate with other departments to ensure financial accuracy
• Identify and suggest process improvements to enhance efficiency

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 2+ years of accounting experience.
• Proficiency in accounting software ).
• Strong Excel skills and ability to work with large sets of data.
• Excellent attention to detail and organizational skills.
• Strong communication and interpersonal skills.