Job Opportunities in Saudi Arabia

Job Title: Accounting Specialist - Engineering Contracting
Department: Finance and Accounting
Reports To: Accounting Manager / Financial Controller
Experience Level: 3-4 years
Summary:
We are seeking a motivated Accounting Specialist with demonstrated expertise in Saudi accounting principles, B2B transactions, ZATCA compliance (e-invoicing), and VAT management.
The ideal candidate will have a proven track record within an engineering contracting environment or a similar industry. This role is responsible for ensuring the accurate and timely processing of financial transactions, adherence to ZATCA regulations, and providing insights that drive sound business decisions.
Key Responsibilities:
◦ Manage accounts receivable and payable processes, including invoice generation, payments, and reconciliation.
◦ Prepare and reconcile bank statements.
◦ Process payroll and maintain accurate employee records.
◦ Assist with budgeting and forecasting activities.
◦ Perform general ledger entries and month-end closing procedures.
◦ Maintain comprehensive fixed asset records.
◦ Generate ZATCA-compliant e-invoices (Fatoorah) ensuring adherence to regulations.
◦ Prepare and file accurate VAT returns on time.
◦ Manage VAT input and output calculations.
◦ Stay updated on changes in ZATCA and VAT regulations.
◦ Implement project costing and progress billing procedures.
◦ Track project expenses and profitability.
◦ Collaborate with project managers to ensure accurate financial reporting on projects.
◦ Prepare financial reports (balance sheet, income statement, cash flow statement).
◦ Analyze financial data to identify trends and provide insights to management.
◦ Assist with internal and external audits, providing necessary documentation and support.
Required Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field.
• 3-4 years of experience in accounting, with a strong focus on Saudi Arabian accounting practices.
• Knowledge of ZATCA e-invoicing requirements and VAT regulations.
• Experience working in a B2B environment.
• Proficient in accounting software (Zoho Books or similar).

Preferred Qualifications

• Experience in an engineering contracting company or a related construction industry.
• Understanding of GAAP or IFRS accounting principles.
• Experience with project accounting and cost control.
• Arabic language skills (written and spoken).

Soft Skills:

• Excellent communication skills (both written and verbal).
• Strong analytical and problem-solving skills.
• High attention to detail and accuracy.
• Ability to prioritize tasks and meet deadlines.
• Proactive and takes initiative.
• Team-oriented with a willingness to collaborate.

To Apply:
Please submit your CV and cover letter highlighting your relevant experience to careers@kenzalarabia.com
Job Types: Full-time, Part-time, Permanent
Pay: ﷼3,000.00 - ﷼6,000.00 per month
Expected hours: 45 – 55 per week
Application Deadline: 10/04/2024