Chief Accountant

Overview

The Chief Accountant position at ASAS for Developing & Operating Industrial Cities in Riyadh involves managing daily accounting operations, ensuring financial reporting accuracy, supervising the accounting team, and supporting compliance with IFRS and company standards. The role reports to the Finance Manager/CFO and plays a pivotal role in maintaining strong internal controls and coordinating audit activities.

Key Responsibilities

• Manage and record daily financial transactions accurately in the accounting system.
• Prepare journal entries, perform account reconciliations, and maintain supporting documentation.
• Assist with month-end and year-end closing processes and related reporting.
• Maintain precise and complete accounting records and documentation.
• Contribute to the preparation of financial statements and management reports.
• Investigate and resolve discrepancies in account balances and support audit preparations.
• Handle processing of invoices, payment requests, and monitor accounts payable and receivable activities.
• Collaborate with internal departments for approvals and financial documentation management.
• Ensure adherence to company policies, financial procedures, and regulatory requirements.
• Support internal and external audit processes by providing necessary financial records.
• Coordinate with finance and other teams to resolve accounting issues and improve processes.
• Promote the standardization and enhancement of accounting practices within the organization.

Required Qualifications

• Bachelor's degree in Accounting, Finance, Economics, or a closely related field.
• 7 to 10 years of advancing experience in accounting, including minimum 3 years in a supervisory capacity.
• Experience preferred in contracting, construction, industrial, manufacturing, or diverse business sectors.
• Professional certification such as SOCPA, CPA, ACCA, CMA, or equivalent is desirable.

Core Competencies

• Strong understanding of accounting principles and financial reporting standards.
• Familiarity with accounts payable, accounts receivable, and general ledger processes.
• High attention to detail and precision in handling financial data.
• Analytical mindset with effective problem-solving capabilities.
• Excellent organizational and time management skills.
• Effective communicator capable of working well within teams.
• Proficient with ERP/accounting software and advanced Microsoft Excel skills.