17 Management Accountants jobs in Saudi Arabia

Qiddiya is a new master-planned city being built outside Riyadh and dedicated to the spirit of play. The city will eventually house some 600,000 residents, and comprise 12 theme parks and a wide variety of sports and entertainment assets, including the Prince Mohammed bin Salman Stadium and the Formula One hosting Qiddiya Speed Park Track, among many others. The Qiddiya Asset Management team is seeking a dedicated Real Estate Analyst to support the management and optimization of a large, growing and diverse property portfolio. The candidate would also assist the team in oversight of a large portfolio of other entertainment assets such as theme parks and sporting facilities. The successful candidate will be responsible for conducting sensitivity analyses, feasibility studies, financial budgeting, asset valuations, performance reporting, and disposition analyses. Analyst will play a key role in data-driven decision making for real estate operations. This role is intended as a pathway to development into a Real Estate Asset Manager within the organization, offering substantial professional growth opportunities to high-performing individuals.

Qualities include:

• Outstanding analytical and quantitative capabilities with meticulous attention to detail.
• Ability to work independently and collaboratively within team environments.
• Initiative and resourcefulness in tackling complex problems within dynamic settings.
• Commitment to professional standards, confidentiality, and ethical conduct in all activities

• Perform detailed sensitivity analyses and feasibility studies for real estate investments and assets.
• Prepare and manage annual Budgets and Business Plans, including cash flow projection, forecasting to ensure effective financial oversight. Identify key drivers of EBITDA growth.
• Conduct asset and portfolio valuations using sophisticated financial models in Excel.
• Contribute to periodic quarterly performance reporting, ensuring accuracy, transparency, and adherence to set timelines.
• Contribute to performance tracking via dashboards.
• Assist with market research for Asset Management to contribute to Development team concept design process, including providing recommendations on typology, unit mix, rental rates, market demand and comparable transactions.
• Assist with analyses for disposition strategies, including market research and scenario assessment for asset sales.
• Support the team in preparing recommendations and actionable insight for Senior Management regarding optimal asset performance, including identifying potential upside opportunities and downside risks.
• Support Hotel operations oversight and performance tracking.
• Support Theme Park and Sports Facilities operations oversight.

• Bachelor’s degree in Finance, Accounting, Business, Real Estate, or a related discipline.
• 1-5 years of relevant work experience in analytical roles within real estate, financial services, asset management, or closely related sectors is preferred.
• Advanced Excel skills with proven experience in financial analysis and modeling is essential.

Qiddiya is a new master-planned city being built outside Riyadh and dedicated to the spirit of play. The city will eventually house some 600,000 residents, and comprise 12 theme parks and a wide variety of sports and entertainment assets, including the Prince Mohammed bin Salman Stadium and the Formula One hosting Qiddiya Speed Park Track, among many others. The Qiddiya Asset Management team is seeking a dedicated Real Estate Analyst to support the management and optimization of a large, growing and diverse property portfolio. The candidate would also assist the team in oversight of a large portfolio of other entertainment assets such as theme parks and sporting facilities. The successful candidate will be responsible for conducting sensitivity analyses, feasibility studies, financial budgeting, asset valuations, performance reporting, and disposition analyses. Analyst will play a key role in data-driven decision making for real estate operations. This role is intended as a pathway to development into a Real Estate Asset Manager within the organization, offering substantial professional growth opportunities to high-performing individuals.

Qualities include:

• Outstanding analytical and quantitative capabilities with meticulous attention to detail.
• Ability to work independently and collaboratively within team environments.
• Initiative and resourcefulness in tackling complex problems within dynamic settings.
• Commitment to professional standards, confidentiality, and ethical conduct in all activities

• Perform detailed sensitivity analyses and feasibility studies for real estate investments and assets.
• Prepare and manage annual Budgets and Business Plans, including cash flow projection, forecasting to ensure effective financial oversight. Identify key drivers of EBITDA growth.
• Conduct asset and portfolio valuations using sophisticated financial models in Excel.
• Contribute to periodic quarterly performance reporting, ensuring accuracy, transparency, and adherence to set timelines.
• Contribute to performance tracking via dashboards.
• Assist with market research for Asset Management to contribute to Development team concept design process, including providing recommendations on typology, unit mix, rental rates, market demand and comparable transactions.
• Assist with analyses for disposition strategies, including market research and scenario assessment for asset sales.
• Support the team in preparing recommendations and actionable insight for Senior Management regarding optimal asset performance, including identifying potential upside opportunities and downside risks.
• Support Hotel operations oversight and performance tracking.
• Support Theme Park and Sports Facilities operations oversight.

• Bachelor’s degree in Finance, Accounting, Business, Real Estate, or a related discipline.
• 1-5 years of relevant work experience in analytical roles within real estate, financial services, asset management, or closely related sectors is preferred.
• Advanced Excel skills with proven experience in financial analysis and modeling is essential.

Company Description

MAHMOOD SALEH ABBAR CO. is organized in a standard industrial configuration and supported by highly experienced personnel. We monitor and manage branch operations across Makkah, Madinah, Riyadh, Dammam, and Khamis Mushayt. Our divisions, including MITSUBISHI H.I AIR-CONDITIONING, CASIO, REFRIGERATION, and DOMESTIC APPLIANCES, specialize in importing, distributing, and servicing a diverse range of products, from air-conditioning units and electronic products to domestic and office appliances. We offer strong after-sales support and consultancy services to ensure customer satisfaction.

Role Description

This is a full-time, on-site role located in Al Khobar for a Financial Accounting Specialist. The Financial Accounting Specialist will be responsible for preparing financial statements, analyzing financial data, managing accounting software, and supporting the finance department. Daily tasks will include maintaining accurate records, conducting financial analysis, and generating reports to inform business decisions.

Qualifications

• Proficiency in preparing Financial Statements and strong Analytical Skills
• Experience with Accounting Software and Finance-related tasks
• Excellent Communication skills
• Bachelor's degree in Accounting, Finance, or a related field
• Previous experience in financial accounting roles is an advantage
• Attention to detail and ability to meet deadlines

In Financial Accounting Advisory Services (FAAS) within Assurance, we assist our clients to address the accounting and financial reporting challenges facing their business. You will be part of a team that provides insight and services that accelerate analytics, decision-making and innovation to build a stronger and more efficient finance function. You will experience ongoing professional development through diverse experiences, world-class learning and individually tailored coaching.

That is how we develop outstanding leaders, who team up together, to deliver on our promises to all of our stakeholders, and in doing so, play a critical role in building a better working world for our people, for our clients and for our communities.

Sound interesting? Well this is just the beginning. Because whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

The opportunity
Our FAAS practice is one of the fastest growing areas of our business. As a result, we have a recruitment need for a Senior to join our team to support on services related to accounting projects in the public and private sector. The role will be based in Riyadh

Your Key Responsibilities
In this role, you'll work directly with a diverse range of clients across various industries to assess the impact of new accounting standards, proposed transactions, or other regulatory changes. Specifically, you will:

• Build and maintain strong networks internally and externally
• Report directly to Managers, Senior Managers, Directors, and Partners during the planning, execution, and wrap-up stages of FAAS engagements.
• Provide accounting advisory services to guarantee compliance with IFRS and IPSAS standards.
• Assist clients in the preparation and review of financial statements, ensuring they meet IFRS and IPSAS requirements.
• Provide guidance on the adoption of new accounting standards and the impact on financial reporting.
• Collaborate with clients to streamline their accounting processes and improve overall efficiency in financial reporting.
• Consult with appropriate resources on complex accounting issues, ensuring that FAAS work products meet client needs, are clear, accurate, and well-presented.
• Stay updated on industry trends, regulatory changes, and best practices in financial accounting and reporting.
• Ensure that work is of high quality, delivered in a timely fashion, and in compliance with EY policies.
• Work with other EY locations, service lines, and specialists to deliver a fully integrated service offering.
• Identify and communicate relevant trends, developments, and key performance drivers relevant to the client.
• Deliver effective execution of the FAAS service delivery framework, including supporting major transactions with strategic insights and financial advisory expertise.

Skills And Attributes For Success
Pro- activity, accountability and results- driven people will flourish in this environment. Dealing with competing priorities, understanding how to manage resources and communicating effectively are key skills. This will have a huge impact on those around you and help promote a positive work ethic.

To qualify for the role, you must have

• Bachelor's degree in accounting, Finance, or a related field.
• Professional qualification required (CPA, CMA).
• Minimum of 5 years of experience in financial accounting, specifically in providing accounting support, preparing financial statements, and ensuring compliance with IFRS and/or IPSAS standards.
• Previous experience in a Big Four accounting firm is highly desirable.
• Previous experience in Saudi Arabia is highly desirable
• Strong knowledge of IFRS and IPSAS standards.
• Strong technical skills and recognized cautious risk management ability
• Solid team working skills with the ability to work with different people from diverse backgrounds in the diverse FAAS team
• Strong written and verbal communication, presentation, client service and technical writing skills.
• Ability and comfort level in researching client inquires and emerging issues, including regulations, industry practices and new technologies
• Flexibility and willingness to travel on short notice, as necessary
• Keen to develop technical and other attributes of assigned team members

What We Look For
We are interested in entrepreneurs who have the confidence to develop and promote a brand new strategic vision both internally and externally. You will be business savvy with a passion for innovation as well as the motivation to create your own EY journey.

What we offer
We offer a competitive compensation package where you'll be rewarded based on performance and recognized for the value you bring to our business. Plus, we offer:

• Continuous learning: You'll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We'll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We'll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You'll be embraced for who you are and empowered to use your voice to help others find theirs.

**If you can demonstrate that you meet the criteria above, please contact us as soon as possible.

The exceptional EY experience. It's yours to build.

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Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

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

The client is headquartered in Saudi Arabia and is looking to hire a Management Accountant for their team at Al Hasa.

Roles & Responsibilities:

• Maintain accounting records and prepare accounts finalizing
• Prepare financial statements, including monthly and annual accounts
• Managing VAT Returns filings
• Being a key point of contact for other departments on financial and accounting matters
• Undertake financial audits
• Liaise with internal and external auditors (where applicable) and deal with any financial irregularities as they arise.
• Managing company overheads and Accounts payable.
• Manage relationships with bankers, auditors, and tax authorities
• Maintaining records & safe keeping of organization confidential matters.
• Maintaining Payroll, Depreciation Schedule, Costing, including P&L activity, balance sheet activity (deferrals, accruals).
• Maintaining and handling case file of Payment deflated customers.
• Interacting with lawyers and giving report to top management. External Stakeholders – Banks, auditors, lawyers, across the group - CFO, HR & Admin

Requirement :

• CA passed, experience with management accounts
• 8 to 10 years experience in the manufacturing industry, preferably electronic/electrical.
• Minimum of 5 years relevant experience in general accounting & finalization P&L and BS.
• Understanding of Financial statement and Books of Accounts and analyse
• Coordinating with auditor for financial submission, VAT, Corporate Tax
• Working experience Under Chartered accountant or Similar Titles
• Payrolls and settlements, general and basic administration
• Understanding of legal aspects various contracts and follow-up with lawyers for legal matters
• Follow-up for general receivables and old dues and bad debts