141 Socpa jobs in Saudi Arabia
Senior Finance Manager (Membership with SOCPA)
Posted 7 days ago
Job Viewed
Job Description
Overview
We are seeking an experienced and detail-oriented Finance Manager to join our team in Riyadh. The ideal candidate will be responsible for managing all financial aspects of the company, ensuring compliance with Saudi regulations, and providing strategic financial guidance to support business growth.
Responsibilities- Oversee the company’s financial operations, including budgeting, forecasting, and reporting.
- Ensure compliance with SOCPA standards, Saudi tax regulations, and other local financial laws.
- Develop and implement financial policies and procedures to improve efficiency and accuracy.
- Prepare and analyze financial statements, business activity reports, and forecasts.
- Manage cash flow, cost control, and expense management to ensure financial stability.
- Provide strategic recommendations to management based on financial analysis and projections.
- Coordinate with internal and external auditors to ensure timely audits and compliance.
- Supervise and guide the finance team to ensure smooth daily operations.
- Maintain relationships with banks, auditors, and other external partners.
- Monitor key performance indicators (KPIs) and provide actionable insights for decision-making.
- Education: Minimum of a Bachelor’s degree in Finance, Accounting, or a related field.
- Experience: At least 5 years of experience as a Finance Manager in Saudi Arabia.
- Certification: Must hold an active SOCPA membership.
- Strong knowledge of Saudi tax laws, VAT, and Zakat regulations.
- Proficiency in financial software and Microsoft Office (Excel, Word, PowerPoint).
- Excellent analytical, organizational, and leadership skills.
- Strong communication skills in English and Arabic (preferred).
- Strategic thinking and problem-solving skills.
- Attention to detail and accuracy.
- Ability to work under pressure and meet deadlines.
- Strong leadership and team management capabilities.
- Mid-Senior level
- Full-time
- Finance
- Machinery Manufacturing and Industrial Machinery Manufacturing
Accounting Professional
Posted 24 days ago
Job Viewed
Job Description
We were founded in 2010 with a dynamic and agile start-up spirit. The trust of around 30 million customers and 250,000 sellers has made us the first decacorn in Turkey. Our success is backed by renowned investors such as Alibaba, General Atlantic, Softbank, Princeville Capital and several sovereign wealth funds. In 2022, we opened our first dedicated international office in Berlin and expanded to Amsterdam, Luxembourg and London. And that's just the beginning!
Tech at the root
We believe that technology is the driver and e-commerce is the outcome. Thanks to the dedication of our team, we have become one of the top 5 e-commerce companies in EMEA and one of the fastest growing worldwide. We currently deliver over 1.5 million parcels daily to 27 countries.
Growth is in our DNA
As a young and dynamic company, we are constantly growing and expanding. With Trendyol Tech, one of the leading R&D centres, Trendyol Express, the fastest growing delivery network, Dolap, the largest platform for second-hand goods, and Trendyol Go, our instant food and grocery delivery service, we are gearing up to become the world's leading e-commerce platform.
Focused on positive impact
Our vision goes beyond business success. We strive to make a sustainable and positive impact on our customers, business partners, and society. By digitizing merchants and SMEs, helping businesses grow, and promoting women's economic empowerment, we are dedicated to creating a better future.
ABOUT THE TEAM
Trendyol International offers an exciting growth environment with significant opportunities to drive strategic change and meaningful results. We build and continue to invest in world-class end-to-end operations and look for leaders to shape decisions for long-term success.
Trendyol is seeking a finance professional to take full financial ownership of our Marketplace operations across Saudi Arabia and the United Arab Emirates. In this role, you will ensure accurate financial reporting, contribute to cross-functional integration projects, and work closely with our Gulf Business Unit. You will play a key role in shaping the financial landscape of one of the region’s fastest-growing tech companies.
Your Main Responsibilities
- Own the end-to-end financial processes for Trendyol’s marketplace operations in KSA and UAE.
- Lead and participate in integration and improvement projects in collaboration with Tax, International Accounting, Projects, and SAP teams.
- Coordinate and ensure timely and accurate financial statement closing processes.
- Perform and oversee periodic reconciliations to validate financial transactions and ensure data integrity.
- Act as a strategic finance partner to the Gulf Business Unit, offering financial insights and support to business decisions.
What We’re Looking For
- Bachelor’s degree in Business Administration, Economics, Finance, or a related field.
- Extensive experience in accounting and audit roles, preferably within an e-commerce or multinational company.
- Strong command of local GAAP and IFRS principles.
- Hands-on experience with SAP FI module.
- Fluency in both English and Arabic, written and spoken.
- ACCA qualification is a plus.
#J-18808-Ljbffr
Accounting Professional
Posted today
Job Viewed
Job Description
About the Team
At Trendyol Finance, we drive financial clarity, sustainability, and smart decision-making at every level of the business.
As a strategic partner to commercial teams, we bridge data with action—ensuring efficiency, compliance, and long-term value creation.
From budgeting to forecasting, we turn numbers into insights that shape Trendyol's growth journey in a fast-moving ecosystem.
As an Accounting Professional, you will be the key owner of the financial processes for our marketplace operations in KSA and UAE. This is a central role where you will manage the end-to-end financial cycle, from ensuring timely and accurate financial statements to leading strategic improvement projects with cross-functional teams. You will act as a crucial business partner, providing data-driven financial insights to support the Gulf Business Unit and ensure the integrity of our financial operations.
Responsibilities
- Own the end-to-end financial processes for Trendyol's marketplace operations in KSA and UAE.
- Lead and participate in integration and improvement projects in collaboration with Tax, International Accounting, Projects, and SAP teams.
- Coordinate and ensure timely and accurate financial statement closing processes.
- Perform and oversee periodic reconciliations to validate financial transactions and ensure data integrity.
- Act as a strategic finance partner to the Gulf Business Unit, offering financial insights and support to business decisions.
Expected Qualifications
- Bachelor's degree in Business Administration, Economics, Finance, or a related field.
- Extensive experience in accounting and audit roles, preferably within an e-commerce or multinational company.
- Strong command of local GAAP and IFRS principles.
- Hands-on experience with SAP FI module.
- Fluency in both English and Arabic, written and spoken.
- ACCA qualification is a plus.
* Due to Saudization, we can only consider Saudi nationals at this time.
What We Offer
A hybrid working model with flexibility —
a schedule that helps you find the right balance between flexibility and team bonding, including work-from-abroad opportunities and a summer working model.
Personalized training allowance and learning opportunities —
Use your annual budget for any training or conference of your choice, explore our Learning Management System (LMS) anytime, and join in-person learning sessions offered throughout the year.
Responsibility from day one —
Take full ownership from the start in a culture where every voice is heard and valued.
A diverse, international team —
Collaborate with global peers across our offices in Berlin, Amsterdam, Dubai, and beyond, in a startup-spirited and collaborative environment.
Opportunities to grow with the best —
Tackle meaningful challenges, develop through hands-on experience, and grow with the support of expert guidance and global mentoring.
Meaningful connections beyond tasks —
Be part of team rituals, events, and social activities that help us stay connected and inspired.
Take the Next Step
If this role excites you, apply now and let's take the next step together.
Want to get to know the team better first? Explore our Career Website, LinkedIn, or YouTube to learn more about #LifeatTrendyol and how we work.
Accounting Professional (Saudi Nationals Only)
Posted 4 days ago
Job Viewed
Job Description
Overview
About the TeamAt Trendyol Finance, we drive financial clarity, sustainability, and smart decision-making at every level of the business. As a strategic partner to commercial teams, we bridge data with action—ensuring efficiency, compliance, and long-term value creation. From budgeting to forecasting, we turn numbers into insights that shape Trendyol’s growth journey in a fast-moving ecosystem. As an Accounting Professional, you will be the key owner of the financial processes for our marketplace operations in KSA and UAE. This is a central role where you will manage the end-to-end financial cycle, from ensuring timely and accurate financial statements to leading strategic improvement projects with cross-functional teams. You will act as a crucial business partner, providing data-driven financial insights to support the Gulf Business Unit and ensure the integrity of our financial operations.
Responsibilities- Own the end-to-end financial processes for Trendyol’s marketplace operations in KSA and UAE.
- Lead and participate in integration and improvement projects in collaboration with Tax, International Accounting, Projects, and SAP teams.
- Coordinate and ensure timely and accurate financial statement closing processes.
- Perform and oversee periodic reconciliations to validate financial transactions and ensure data integrity.
- Act as a strategic finance partner to the Gulf Business Unit, offering financial insights and support to business decisions.
- Bachelor’s degree in Business Administration, Economics, Finance, or a related field.
- Extensive experience in accounting and audit roles, preferably within an e-commerce or multinational company.
- Strong command of local GAAP and IFRS principles.
- Hands-on experience with SAP FI module.
- Fluency in both English and Arabic, written and spoken.
- SOCPA certification required, ACCA qualification is a plus.
- Hybrid working model with flexibility — a schedule that helps you find the right balance between flexibility and team bonding, including work-from-abroad opportunities and a summer working model.
- Personalized training allowance and learning opportunities — Use your annual budget for any training or conference of your choice, explore our Learning Management System (LMS) anytime, and join in-person learning sessions offered throughout the year.
- Responsibility from day one — Take full ownership from the start in a culture where every voice is heard and valued.
- A diverse, international team — Collaborate with global peers across our offices in Berlin, Amsterdam, Dubai, and beyond, in a startup-spirited and collaborative environment.
- Opportunities to grow with the best — Tackle meaningful challenges, develop through hands-on experience, and grow with the support of expert guidance and global mentoring.
- Meaningful connections beyond tasks — Be part of team rituals, events, and social activities that help us stay connected and inspired.
Take the Next Step
If this role excites you, apply now and let’s take the next step together.
Want to get to know the team better first? Explore our Career Website, LinkedIn, or YouTube to learn more about #LifeatTrendyol and how we work.
#J-18808-LjbffrAccounting Professional (Saudi Nationals Only)
Posted 27 days ago
Job Viewed
Job Description
We were founded in 2010 with a dynamic and agile start-up spirit. The trust of around 30 million customers and 250,000 sellers has made us the first decacorn in Turkey. Our success is backed by renowned investors such as Alibaba, General Atlantic, Softbank, Princeville Capital and several sovereign wealth funds. In 2022, we opened our first dedicated international office in Berlin and expanded to Amsterdam, Luxembourg and London. And that's just the beginning!
Tech at the root
We believe that technology is the driver and e-commerce is the outcome. Thanks to the dedication of our team, we have become one of the top 5 e-commerce companies in EMEA and one of the fastest growing worldwide. We currently deliver over 1.5 million parcels daily to 27 countries.
Growth is in our DNA
As a young and dynamic company, we are constantly growing and expanding. With Trendyol Tech, one of the leading R&D centres, Trendyol Express, the fastest growing delivery network, Dolap, the largest platform for second-hand goods, and Trendyol Go, our instant food and grocery delivery service, we are gearing up to become the world's leading e-commerce platform.
Focused on positive impact
Our vision goes beyond business success. We strive to make a sustainable and positive impact on our customers, business partners, and society. By digitizing merchants and SMEs, helping businesses grow, and promoting women's economic empowerment, we are dedicated to creating a better future.
ABOUT THE TEAM
Trendyol International offers an exciting growth environment with significant opportunities to drive strategic change and meaningful results. We build and continue to invest in world-class end-to-end operations and look for leaders to shape decisions for long-term success.
Trendyol is seeking a finance professional to take full financial ownership of our Marketplace operations across Saudi Arabia and the United Arab Emirates. In this role, you will ensure accurate financial reporting, contribute to cross-functional integration projects, and work closely with our Gulf Business Unit. You will play a key role in shaping the financial landscape of one of the region’s fastest-growing tech companies.
Your Main Responsibilities
- Own the end-to-end financial processes for Trendyol’s marketplace operations in KSA and UAE.
- Lead and participate in integration and improvement projects in collaboration with Tax, International Accounting, Projects, and SAP teams.
- Coordinate and ensure timely and accurate financial statement closing processes.
- Perform and oversee periodic reconciliations to validate financial transactions and ensure data integrity.
- Act as a strategic finance partner to the Gulf Business Unit, offering financial insights and support to business decisions.
What We’re Looking For
- Bachelor’s degree in Business Administration, Economics, Finance, or a related field.
- Extensive experience in accounting and audit roles, preferably within an e-commerce or multinational company.
- Strong command of local GAAP and IFRS principles.
- Hands-on experience with SAP FI module.
- Fluency in both English and Arabic, written and spoken.
- ACCA qualification is a plus.
#J-18808-Ljbffr
Accounting Professional (Saudi Nationals Only)
Posted 4 days ago
Job Viewed
Job Description
We were founded in 2010 with a dynamic and agile start-up spirit. The trust of around 30 million customers and 250,000 sellers has made us the first decacorn in Turkey. Our success is backed by renowned investors such as Alibaba, General Atlantic, Softbank, Princeville Capital and several sovereign wealth funds. In 2022, we opened our first dedicated international office in Berlin and expanded to Amsterdam, Luxembourg and London. And that's just the beginning!
Tech at the root
We believe that technology is the driver and e-commerce is the outcome. Thanks to the dedication of our team, we have become one of the top 5 e-commerce companies in EMEA and one of the fastest growing worldwide. We currently deliver over 1.5 million parcels daily to 27 countries.
Growth is in our DNA
As a young and dynamic company, we are constantly growing and expanding. With Trendyol Tech, one of the leading R&D centres, Trendyol Express, the fastest growing delivery network, Dolap, the largest platform for second-hand goods, and Trendyol Go, our instant food and grocery delivery service, we are gearing up to become the world's leading e-commerce platform.
Focused on positive impact
Our vision goes beyond business success. We strive to make a sustainable and positive impact on our customers, business partners, and society. By digitizing merchants and SMEs, helping businesses grow, and promoting women's economic empowerment, we are dedicated to creating a better future.
ABOUT THE TEAM
Trendyol International offers an exciting growth environment with significant opportunities to drive strategic change and meaningful results. We build and continue to invest in world-class end-to-end operations and look for leaders to shape decisions for long-term success.
Trendyol is seeking a finance professional to take full financial ownership of our Marketplace operations across Saudi Arabia and the United Arab Emirates. In this role, you will ensure accurate financial reporting, contribute to cross-functional integration projects, and work closely with our Gulf Business Unit. You will play a key role in shaping the financial landscape of one of the region's fastest-growing tech companies.
Your Main Responsibilities
- Own the end-to-end financial processes for Trendyol's marketplace operations in KSA and UAE.
- Lead and participate in integration and improvement projects in collaboration with Tax, International Accounting, Projects, and SAP teams.
- Coordinate and ensure timely and accurate financial statement closing processes.
- Perform and oversee periodic reconciliations to validate financial transactions and ensure data integrity.
- Act as a strategic finance partner to the Gulf Business Unit, offering financial insights and support to business decisions.
What We're Looking For
- Bachelor's degree in Business Administration, Economics, Finance, or a related field.
- Extensive experience in accounting and audit roles, preferably within an e-commerce or multinational company.
- Strong command of local GAAP and IFRS principles.
- Hands-on experience with SAP FI module.
- Fluency in both English and Arabic, written and spoken.
- ACCA qualification is a plus.
Accounting Specialist
Posted 4 days ago
Job Viewed
Job Description
Job Description
Job SummaryThe 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.
- Prepare monthly, quarterly, and annual financial reports.
- Assist in budget preparation and variance analysis.
- Support internal and external audits by providing necessary documentation.
- 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.
- 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
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Accounting Specialist
Posted 9 days ago
Job Viewed
Job Description
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.
Accounting Specialist
Posted 15 days ago
Job Viewed
Job Description
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 DescriptionJob 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.
- 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
#J-18808-LjbffrAccounting Specialist
Posted 24 days ago
Job Viewed
Job Description
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
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
- Seniority level Mid-Senior level
- Employment type Full-time
- Job function Other
- Industries IT Services and IT Consulting
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