Accountant-ERP

Who Are We❓We Are Foodics! a leading restaurant management ecosystem and payment tech provider. Founded in 2014 with headquarter in Riyadh and offices across 5 countries, including UAE, Egypt, Jordan and Kuwait. We are currently serving customers and partners in over 35 different countries worldwide. Our innovative products have successfully processed over 6 billion (yes, billion with a B) orders so far! making Foodics one of the most rapidly evolving SaaS companies to ever emerge from the MENA region. Also Foodics has achieved three rounds of funding, with the latest raising $170 million in the largest SaaS funding round in MENA, boosting its innovation capabilities to better serve business owners.The Job in a Nutshell💡We are looking for a skilled Accountant with a strong background in financial reporting, revenue recognition, and regulatory compliance, ideally within the SaaS and restaurant industries. The ideal candidate will have 4+ years of accounting experience, with a solid understanding of SaaS financial operations and hands-on experience managing accounting for restaurant businesses in Saudi Arabia. This role will also work closely with the Product team to test, validate, and enhance our ERP/Accounting product, ensuring it meets real-world accounting and operational requirements.What Will You Do❓Financial Reporting & Accounting OperationsManage daily accounting operations, including Accounts Payable (AP), Accounts Receivable (AR), and bank reconciliationsMaintain and reconcile general ledger accounts, ensuring accuracy and completenessPrepare and review financial statements in compliance with IFRS/GAAP standardsSupport month-end and year-end closing activities, ensuring timely and accurate reportingEnsure compliance with local tax regulations, including VAT, income tax, and other applicable financial requirementsWork closely with the Product team to test, validate, and provide accounting expertise on ERP/Accounting product features and functionalitiesRevenue & Subscription AccountingOversee subscription billing cycles, deferred revenue, and recurring revenue reportingMonitor customer contracts, invoicing, and revenue recognition in line with SaaS accounting standardsReconcile deferred revenue schedules and ensure accurate ARR (Annual Recurring Revenue) and MRR (Monthly Recurring Revenue) calculationsSupport the accounting treatment of different revenue streams and subscription modelsFinancial Analysis & Process ImprovementSupport budgeting, forecasting, and financial planning across revenue streamsAnalyze financial data and identify discrepancies, trends, and opportunities for improvementIdentify and implement process improvements to enhance accounting efficiency and accuracyContribute to the automation and optimization of financial processesAudit & Internal ControlsSupport internal and external audits by preparing financial documentation and providing relevant insightsMaintain effective internal controls to safeguard company assets and ensure financial integrityEstablish and implement best practices in accounting operations, financial reporting, and complianceSupport intercompany reconciliations and ensure proper documentation of related-party transactionsWhat Are We Looking For❓Bachelor's degree in Accounting, Finance, or a related field. CPA, CMA, or ACCA certification is a plus4+ years of accounting experience, preferably including 1-2 years in a SaaS or subscription-based businessHands-on experience managing accounting operations for restaurants or F&B businesses in Saudi ArabiaStrong understanding of IFRS/GAAP accounting principles and financial reporting standardsExperience with accounting and ERP systems, preferably SAP S/4HANAFamiliarity with subscription billing systems and CRM platforms, preferably SalesforceAdvanced Excel skills and experience with financial analysis and modelingWorking knowledge of Saudi tax regulations, including VAT and ZATCA requirementsUnderstanding of transfer pricing principles and intercompany transactionsExcellent analytical, problem-solving, and communication skillsStrong attention to detail and ability to work in a fast-paced environmentProficiency in written and spoken EnglishWho Will Excel❓Experience working with SaaS financial KPIs, including CAC, LTV, Churn Rate, ARR, MRR, and Expansion RevenueFamiliarity with restaurant accounting practices, F&B operations, and related financial workflowsKnowledge of accounting automation tools and process optimizationExperience working in a multinational or regional business environmentWhat We Offer You❗We believe you will love working at Foodics!We have an inclusive and diverse culture that encourages innovation and flexibility in-officesWe offer highly competitive compensation packages, including bonuses and the potential for sharesWe prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environmentJoin a talented team of over 30 nationalities working in 14 countries, and gain valuable experience in an exciting industryWe offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company