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Chief Accountant

ASAS for Developing & Operating industrial Cities · Riyadh, Saudi Arabia

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Department: Finance – Shared ServicesChief Accountant (Supports day-to-day accounting operations and financial reporting)Organization: ASAS for Industrial DevelopmentPosition OverviewThe Chief Accountant is responsible for managing the company's day-to-day accounting operations, ensuring the accuracy and integrity of financial records, supervising the accounting team, overseeing month-end and year-end closing activities, preparing financial statements, and ensuring compliance with IFRS, company policies, and applicable regulatory requirements. The role supports the Finance Manager/CFO by providing accurate financial information, maintaining strong internal controls, and coordinating with internal and external auditors.Key ResponsibilitiesAccounting OperationsRecord and maintain financial transactions in the accounting system.Prepare journal entries, account reconciliations, and supporting documentation.Support month-end and year-end closing activities.Maintain accurate accounting records and financial documentation.Financial ReportingAssist in preparing periodic financial statements and management reports.Reconcile account balances and investigate discrepancies.Support the preparation of schedules and documentation for internal and external audits.Accounts Payable & ReceivableProcess invoices, payment requests, and other accounting transactions.Monitor accounts payable and receivable activities and follow up as required.Coordinate with internal departments regarding financial documentation and approvals.Maintain supporting records for financial transactions.Compliance & DocumentationEnsure accounting activities comply with company policies, financial procedures, and applicable regulations.Maintain complete accounting documentation and filing records.Support internal and external audit activities by providing the required financial documentation.Coordination & Continuous ImprovementCoordinate with Finance team members and other departments to resolve accounting-related matters.Prepare accounting reports and provide updates as requested.Contribute to process improvements and the standardization of accounting practices.Required QualificationsEducation Bachelor's Degree in Accounting, Finance, Economics, or a related discipline. Relevant Experience: 7–10 years of progressive accounting experience, including at least 3 years in a supervisory role, preferably within contracting, construction, industrial, manufacturing, or multi-business organizations.Professional Certifications (if applicable): SOCPA, CPA, ACCA, CMA, or equivalentKey CompetenciesKnowledge of accounting principles and financial reporting.Understanding of accounts payable, accounts receivable, and general ledger processes.Attention to detail and accuracy in financial transactions and documentation.Analytical and problem-solving skills.Strong organizational and time-management skills.Effective communication and teamwork.Proficiency in ERP/accounting systems and Microsoft Office applications, particularly Excel.