General Accountant

Company Description

Midana Exploration Company (MEC) is a resource exploration and development company and a subsidiary of Australia’s leading private mining enterprise, Hancock Prospecting. Operating at the forefront of the Middle East’s rapidly expanding mining sector, MEC is dedicated to unlocking the vast mineral potential of the highly prospective Arabian-Nubian Shield.Our core focus is to rapidly and safely transition high-potential exploration targets into world-class operational mining assets. We achieve this by combining Hancock Prospecting’s demonstrated track record in exploration, mega-project delivery, technology, and operational excellence with deep local partnerships. Through our landmark joint ventures with highly regarded Saudi resource companies, and our own targeted exploration prospects, we are developing a new benchmark for resource development while also actively contributing to the development of the resource sector in Saudi.Role Description:The General Accountant is responsible for executing day-to-day accounting operations and ensuring accurate and complete financial records for MEC and its related KSA entities. The role covers general ledger accounting, payables and receivables, banking, fixed assets, financial closing and reporting, and supports budgeting, audit, and compliance with applicable Saudi and international accounting, Zakat, tax, and regulatory requirements. Working in coordination with the Finance Manager/Financial Controller, the General Accountant provides timely and reliable financial information to support management decision-making and maintain effective financial operations and controls.Team structure and relationships:Reporting to:Finance Manager / Financial Controller Key relationships:CFO; Finance team; Subsidiary Finance; department heads; MEC procurement team; Exploration Joint Venture finance teams; banks; customers; suppliers; auditors; tax advisors; and government authorities, including ZATCA, and other STHDirect reports: None initially.

Responsibilities

Financial Accounting, Reporting and ControlsExecute all day-to-day accounting activities and take ownership of the accurate and timely entry and maintenance of financial data in Microsoft Dynamics 365 and any other accounting, banking, or tax platforms used by the CompanyMaintain the General Ledger, journal entries, trial balance, accruals, provisions, prepayments, reconciliations, and foreign currency adjustments, coordinating with the Finance Manager/Financial Controller on significant or non-routine accounting mattersComplete bank reconciliations and monitor cash balances, employee advances, petty cash, corporate cards, and employee expenses, reporting material differences or outstanding items to the Finance Manager/Financial ControllerManage sales invoicing, revenue recognition, periodical management sales reporting and reconciliations, and ZATCA VAT and e-invoicing compliancePerform monthly, quarterly, and annual closing activities and support the preparation of financial statements, management reports, and reporting packages for MEC, its Board, and HPPL in coordination with the Finance Manager/Financial ControllerMaintain accounting records for fixed assets and inventory and monitor exploration, project, license, capital, and operating costs by project and cost centre in coordination with the Finance Manager/Financial Controller and relevant departmentsReview and report on Exploration Joint Venture accounting records, asset register and cash call reconciliations, which will be integrated into MEC’s accounting records as appropriate.Record and reconcile intercompany and related-party transactions and support transfer pricing documentation and Group reporting requirements in coordination with the Finance Manager/Financial ControllerPrepare VAT, Withholding Tax, Zakat, Corporate Income Tax, and e-invoicing data and returns, and support ZATCA compliance in coordination with the Finance Manager/Financial Controller and tax advisorsPrepare audit schedules and supporting documents, respond to audit queries in coordination with the Finance Manager/Financial Controller, and maintain complete, organised, and audit-ready financial recordsComply with finance policies, internal controls, and the authority matrix; monitor relevant accounting and tax developments; and report errors, differences, control gaps, or financial risks to the Finance Manager/Financial ControllerAssist on the internal management reporting and the external reporting to different stakeholders.Accounts Payable and Accounts Receivable Manage Accounts Payable and Accounts Receivable, including invoices, reconciliations, collections, advances, and commitments, and prepare bank payments in coordination with the Finance Manager/Financial Controller for review and approval under the authority matrixBudgeting and ForecastingSupport the Finance Manager/Financial Controller in preparing budgets, forecasts, cash flow reports, variance analysis, and other financial information required by managementEmployee Related Accounting Record and reconcile payroll, employee benefits, GOSI, leave provisions, and end-of-service benefits in coordination with HR and the Finance Manager/Financial ControllerPerform other accounting or finance duties assigned by the Finance Manager/Financial Controller or VP Finance and Corporate Services as assigned from time to time.Work Experience:At least of 5 years of accounting experience as a General Accountant or similar roleStrong experience in general accounting, AP, AR, bank reconciliations, financial closing, reporting, and audit supportStrong practical knowledge of Saudi Zakat and tax compliance, including VAT, WHT, Corporate Income Tax, ZATCA, and e-invoicingExperience with ERP systems and high-volume financial transactionsExperience in an international group, mining, exploration, or project-based environment is an advantageQualifications / Accreditation:Mandatory Bachelor degree in Accounting or Finance from a recognized universityMandatory active membership with the Saudi Organization for Chartered & Professional Accountants (SOCPA)A professional qualification/part qualification such as CPA, ACCA, CMA, or equivalent is preferredExtensive experience, relevant training or certification in Zakat, tax, IFRS, or accounting is preferredFunctional / Technical Skills:Strong knowledge of accounting, financial statements, internal controls, and IFRS as endorsed in Saudi ArabiaStrong knowledge of Saudi Zakat and tax requirements, ZATCA rules, e-invoicing, transfer pricing, and relevant international tax principlesStrong Excel and ERP skills; experience with Microsoft Dynamics 365 is preferredStrong analytical skills, accuracy, and ability to identify and resolve accounting or tax differencesGood organization, time management, and ability to meet closing and statutory filing deadlinesGood written and spoken English and ArabicProfessional integrity, confidentiality, teamwork, and clear communication.Work Location & Travel:The role is primarily based in MEC’s office in Jeddah, Saudi Arabia.Travel to project sites and other locations through KSA may be required from time to time.