32 Cost Accounting jobs in Saudi Arabia

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.

GL Accountant

(Applicants MUST already be located in Riyadh to qualify for this role)

Work Location: Riyadh, KSA

Industry: Technology, software business

Estimated Salary: SAR 15K to SAR 25K per month total cash package + Medical Insurance + Bonus (depending on experience and performance)

Experience:

• Minimum 3 years of general ledger accounting experience in an international company.
• At least 5 years of accounting experience in Saudi Arabia.
• Additional AP/AR experience is a plus.

Education & Qualifications:

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

Skills & Knowledge:

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

To find out more about Progressive Recruitment, please visit

Award winner of:

KSA Recruitment Company of the Year, Best Executive Search Firm of the Year by TALint Recruitment Awards 2019/2020 | Best Engineering Recruitment Firm of the Year by Recruitment International Awards 2018

About Veeam

Veeam is a global leader in data protection and ransomware recovery, providing businesses with innovative solutions to achieve data security, recovery, and freedom across hybrid environments. We are expanding our Finance team in Saudi Arabia and are looking for a motivated
General Ledger Accountant
to join us.

Role Overview

As a
General Ledger Accountant
, you will be responsible for managing and maintaining accurate accounting records for Veeam across the EMEA region. This role requires strong technical accounting knowledge, collaboration with cross-functional teams, and the ability to work independently.

Key Responsibilities

• Perform daily bank reconciliations across multiple accounts and manage online banking transactions.
• Handle fixed assets accounting, including allocation, depreciation, and disposals.
• Oversee monthly payroll reviews, payments, and reconciliations.
• Support month-end, quarter-end, and year-end close processes:
• Bank reconciliations
• Accruals and prepayments
• VAT adjustments and revaluations
• Balance sheet reconciliations and financial analysis
• Prepare reports reconciling US GAAP accounts with local statutory requirements.
• Lead year-end audits: coordinate with auditors, review financial statements, and ensure compliance with statutory deadlines.
• Manage intercompany reconciliations and revaluations.
• Oversee VAT and CIT processes, including preparation, posting, and reconciliations.
• Provide reports, analysis, and accounting data as required by management.
• Collaborate with internal teams (GL, AP, AR, Tax) and external providers to resolve accounting matters.

Education & Qualifications:

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

Experience:

• Minimum 2 years of general ledger accounting experience in an international company.
• At least 4 years of accounting experience in Saudi Arabia.
• Additional AP/AR experience is a plus.

Skills & Knowledge:

• Strong understanding of KSA local accounting standards and international standards (GAAP/IFRS).
• Advanced English (written and verbal).
• Excellent MS Office skills, especially Excel.
• Strong analytical, organizational, and communication skills.
• Ability to work under pressure and meet deadlines.

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.

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.

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).

* Twijfel je over de echtheid van een vacature of contactpersoon? Neem dan altijd rechtstreeks contact met ons op via de officiële contactgegevens op onze website.

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* We will never ask for personal information (such as a copy of your ID, bank details, or social security number) via WhatsApp or during a video call.

* 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 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.

Veeam, the #1 global market leader in data resilience, believes businesses should control all their data whenever and wherever they need it. Veeam provides data resilience through data backup, data recovery, data portability, data security, and data intelligence. Based in Seattle, Veeam protects over 550,000 customers worldwide who trust Veeam to keep their businesses running. Join us as we move forward together, growing, learning, and making a real impact for some of the world's biggest brands. The future of data resilience is here - go fearlessly forward with us.

About Veeam
Veeam is a global leader in data protection and ransomware recovery, providing businesses with innovative solutions to achieve data security, recovery, and freedom across hybrid environments. We are expanding our Finance team in Saudi Arabia and are looking for a motivated
General Ledger Accountant
to join us.

Role Overview
As a
General Ledger Accountant
, you will be responsible for managing and maintaining accurate accounting records for Veeam across the EMEA region. This role requires strong technical accounting knowledge, collaboration with cross-functional teams, and the ability to work independently.

Key Responsibilities

• Perform daily bank reconciliations across multiple accounts and manage online banking transactions.
• Handle fixed assets accounting, including allocation, depreciation, and disposals.
• Oversee monthly payroll reviews, payments, and reconciliations.

• Support month-end, quarter-end, and year-end close processes:

• Bank reconciliations

• Accruals and prepayments
• VAT adjustments and revaluations

• Balance sheet reconciliations and financial analysis

• Prepare reports reconciling US GAAP accounts with local statutory requirements.

• Lead year-end audits: coordinate with auditors, review financial statements, and ensure compliance with statutory deadlines.
• Manage intercompany reconciliations and revaluations.
• Oversee VAT and CIT processes, including preparation, posting, and reconciliations.
• Provide reports, analysis, and accounting data as required by management.
• Collaborate with internal teams (GL, AP, AR, Tax) and external providers to resolve accounting matters.

Requirements
Education & Qualifications:

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

Experience

• Minimum 2 years of general ledger accounting experience in an international company.
• At least 4 years of accounting experience in Saudi Arabia.
• Additional AP/AR experience is a plus.

Skills & Knowledge

• Strong understanding of KSA local accounting standards and international standards (GAAP/IFRS).
• Advanced English (written and verbal).
• Excellent MS Office skills, especially Excel.
• Strong analytical, organizational, and communication skills.
• Ability to work under pressure and meet deadlines.

Veeam Software is an equal opportunity employer
and does not tolerate discrimination in any form on the basis of race, color, religion, gender, age, national origin, citizenship, disability, veteran status or any other classification protected by federal, state or local law. All your information will be kept confidential.

Please note that any personal data collected from you during the recruitment process will be processed in accordance with our Recruiting Privacy Notice.

The Privacy Notice sets out the basis on which the personal data collected from you, or that you provide to us, will be processed by us in connection with our recruitment processes.

By applying for this position, you consent to the processing of your personal data in accordance with our Recruiting Privacy Notice.

By submitting your application, you acknowledge that the information provided in your job application and any supporting documents is complete and accurate to the best of your knowledge. Any misrepresentation, omission, or falsification of information may result in disqualification from consideration for employment or, if discovered after employment begins, termination of employment.