Accountant (Saudi Arabia) Riyadh

Requirements

Candidates must hold a bachelor’s degree in accounting and possess practical experience in project accounting or contracting companies. Proficiency in Microsoft Excel and accounting software, along with a strong understanding of Saudi Arabian financial regulations, is required.

Job Summary

Awtad, a prominent real estate development company in Saudi Arabia, is in search of a dedicated and skilled Accountant to enhance our financial team. This role is crucial to maintain the integrity of financial operations and ensure compliance with regulatory standards. The successful candidate will be responsible for various accounting functions, supporting financial reporting and analysis to drive
Responsibilities
Manage and monitor suppliers’ and contractors’ accounts related to projects.
Review contracts, payment certificates, and invoices to ensure they comply with agreements, purchase orders, and payment terms.
Reconcile supplier and contractor balances and perform the necessary accounting adjustments.
Monitor project costs, operating expenses, and petty cash transactions.
Review due payments, amounts paid, and outstanding balances for each project.
Record project-related journal entries and ensure the accuracy of financial documents.
Follow up on invoices and payments and coordinate with suppliers, contractors, and relevant departments.
Prepare periodic financial reports covering project costs, expenses, and financial obligations.
Monitor Value Added Tax (VAT) and electronic invoicing requirements in accordance with the regulations applicable in Saudi Arabia.
Perform periodic accounting reconciliations and month-end and year-end closing activities.
Maintain and organize financial records and supporting documents related to projects.
Coordinate with Finance and Operations departments to ensure data accuracy and compliance with accounting procedures.
Bachelor’s degree in Accounting.
Practical experience in accounting, preferably in project accounting or within contracting and operations companies.
Good knowledge of supplier and contractor accounts.
Experience reviewing contracts, payment certificates, and invoices and matching them against payments.
Ability to reconcile account balances and perform accounting adjustments.
Knowledge of project cost monitoring, operating expenses, and petty cash management.
Knowledge of VAT and electronic invoicing requirements in Saudi Arabia.
Proficiency in Microsoft Excel and accounting systems; experience with Odoo is preferred.
Strong analytical and accounting skills, with excellent attention to detail.
Strong organizational and time management skills, with the ability to prioritize tasks and manage multiple projects simultaneously.
Comprehensive Health Insurance
Training and Professional Development
Performance-based Bonus
Paid Time Off

Responsibilities

The accountant will manage project-related financial operations, including monitoring supplier accounts, reviewing contracts, and ensuring compliance with VAT and electronic invoicing regulations. They are also responsible for preparing periodic financial reports and coordinating with internal departments to maintain accurate financial records.

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