Senior Specialist, Accountant

Company OverviewSapphire is a joint venture based in the Special Integrated Logistics Zone (SILZ) in Riyadh, Sapphire is focused on the manufacturing of industrial robots that support the next generation of automation, smart manufacturing, and advanced industrial capability in the Kingdom of Saudi Arabia.Role SummaryThe Sr Specialist, Accountant is responsible for executing, reviewing, and analyzing accounting and financial activities in line with approved policies and procedures. This role goes beyond transactional execution to include examination and interpretation of accounting records, provision of technical guidance to junior team members, and accountability for assigned tasks to the respective team leads. The Senior Accountant operates within the Finance & Accounting function ensuring accuracy, compliance, and quality across all financial processes.Key Responsibilities1. Team Guidance & DevelopmentProvide on-the-job training, coaching, and constructive feedback to junior accountants to support their overall developmentOrganize and support team activities within the accounting function to ensure work is carried out efficiently and consistently with operating procedures and policy2. Budgets & Financial PlanningPrepare annual budgets, quarterly management accounts, and ad-hoc reports to support business planning and internal decision-makingMonitor and report financial performance versus budget at the Business Unit level, identifying areas of unsatisfactory performance and recommending corrective actionPrepare projected financial statements based on the approved budget3. Financial Accounting & BookkeepingParticipate in preparation and maintenance of the general ledger, ensuring all transactions are accurately reflected in accordance with accounting procedures, regulatory requirements, and applicable international standardsPrepare and review account reconciliations by analyzing monthly movements, reconciling balances with the ledger, and following up on outstanding items with departments and third partiesReview general ledger printouts, manage departmental queries, and supervise preparation of journal vouchers to correct or reallocate fundsControl all general ledger accounts including trial balances, foreign currency positions, and rejected transactions to ensure debts and credits are matchedManage and maintain the fixed asset ledger including asset classification, depreciation schedules, and write-offs in compliance with local and international accounting standards4. Accounts ReceivableVerify, process, and control all invoices, cash calls, disbursements, advance payments, and ad-hoc paymentsEnsure payments are accurate, properly accounted for, processed within service delivery norms, and comply with contractual terms and conditions5. Accounts ReceivablePrepare aging reports and track all collections dueCommunicate collection status to the operations team on a timely basis for actionReview accounts payable/receivable balances to ensure accuracy6. Banking & Cash ManagementPrepare daily cash position and monitor bank balances to ensure adequate fund availability for current and future requirementsPrepare cash call requests and coordinate with banks to obtain statements and resolve unrecognized chargesPrepare bank reconciliations7. Financial ReportingProduce year-end financial statements with all supporting documents in line with accounting policies, chart of accounts, and applicable accounting principlesPrepare VC valuations, loan provisioning, and other workings to support financial statement recordingPrepare financial stewardship reports for management and KPI/LOI reporting as requiredReview accounting and related system reports for accuracy and completenessAudit financial transactions and documents and participate in monthly, quarterly, and annual closing processes8. Financial Reporting Support to OperationsPrepare promissory notes and perform functional reviews or financial due diligence support on loans and investment deals9. Tax, Zakat & ComplianceEnsure compliance with applicable Tax and Zakat regulationsProvide technical support and advice on accounting transactions10. Policies, Systems & ProceduresProvide inputs for and implement accounting policies, systems, and procedures for the assigned sectionEnsure all procedural and legislative requirements are fulfilled while delivering a quality, cost-effective serviceQualifications & ExperienceBachelor's degree in Finance, Accounting, or a related fieldPreferred certifications: CPA, CMA, or equivalent professional accounting designationMinimum 5+ years of experience in accounting or financeExperience with ERP systems (e.g., ABAS ERP) is preferredCore CompetenciesFinancial Accuracy & Attention to DetailAccounting Standards & ComplianceFinancial Reporting & AnalysisGeneral Ledger Control & ReviewAccounts Payable & Receivable ManagementCash & Banking ManagementTechnical Advisory & Knowledge SharingCommunication & TeamworkCommitment, Accountability & IntegrityDependability and ReliabilityTechnical ExpertiseERP and accounting systems (ABAS ERP preferred)Microsoft Excel and Word (Intermediate level and above)Fixed Asset Management ToolsFinancial reporting and reconciliation frameworks