The Role

An Accountant position based in Riyadh, Saudi Arabia, within the finance team of a real estate company. The role centres on project accounting: managing supplier and contractor accounts, monitoring project costs, and ensuring compliance with Saudi regulatory requirements including VAT and electronic invoicing.

Responsibilities

• Manage and monitor supplier and contractor accounts related to projects.
• Review contracts, payment certificates, and invoices to verify compliance with agreements, purchase orders, and payment terms.
• Reconcile supplier and contractor balances and perform 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 accuracy of financial documents.
• Follow up on invoices and payments and coordinate with suppliers, contractors, and relevant internal departments.
• Prepare periodic financial reports covering project costs, expenses, and financial obligations.
• Monitor VAT and electronic invoicing requirements in accordance with Saudi Arabian regulations.
• Perform periodic accounting reconciliations and manage month-end and year-end closing activities.
• Maintain and organise financial records and supporting documents related to projects.
• Coordinate with Finance and Operations departments to ensure data accuracy and compliance with accounting procedures.

Required Profile

• Bachelor's degree in Accounting.
• Practical accounting experience, preferably in project accounting or within contracting and operations companies.
• Working 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.
• Familiarity with VAT and electronic invoicing requirements in Saudi Arabia.
• Proficiency in Microsoft Excel and accounting systems; experience with Odoo is preferred.
• Strong analytical skills and attention to detail.
• Organised, with the ability to manage multiple projects and prioritise tasks effectively.

Compensation and Benefits

• Comprehensive health insurance.
• Training and professional development support.
• Performance-based bonus.
• Paid time off.