Junior Accountant

About the Company

Bayut is the leading real estate portal in Saudi Arabia, connecting millions throughout the Kingdom. As part of the Dubizzle Group, Bayut operates within a family of 10 strong classifieds brands, collectively reaching more than 200 million users monthly who rely on our platform for seamless property search experiences.

Role Overview

The Junior Accountant will contribute to regional financial operations, focusing on cost analysis, managing accounts payable, recognizing expenses, overseeing fixed assets, and assisting with month-end reporting tasks.

Primary Responsibilities

• Manage General Ledger accounts ensuring consistent allocation of costs.
• Take ownership of the monthly accrual process.
• Verify all vendor invoices to confirm appropriate documentation and approvals before payments are processed.
• Address and respond promptly to vendor inquiries.
• Reconcile vendor statements and investigate discrepancies when found.
• Support month-end closing activities.
• Record transactions accurately in ledgers and related records.
• Reconcile accounts payable transactions.
• Analyse account data and prepare relevant reports.
• Ensure transactions comply with group accounting policies.
• Monitor transaction postings related to accounts payable and resolve issues effectively.
• Provide timely internal management reports and conduct performance analyses.
• Carry out intercompany postings and reconciliations.
• Assist with the preparation of necessary tax returns.
• Contribute to ongoing improvements in internal financial procedures.
• Maintain and update the fixed asset register and Capital Expenditure reports.
• Perform monthly balance sheet reconciliations to identify and address variances, liaising with business units to correct and follow up on outstanding matters.
• Offer backup support to colleagues and participate in ad-hoc financial projects as needed.

Candidate Requirements

• Bachelor’s degree in Accounting from an accredited institution.
• Experience ranging from 3 to 5 years with General Ledger responsibilities in a dynamic, high-volume financial environment; 1 to 2 years specifically in cost analysis.
• Proficiency with ERP systems, preferably Netsuite.
• Familiarity with purchase order software.
• Solid understanding of Saudi Arabia tax compliance.
• Good command of accounting and bookkeeping principles, particularly expense recognition.
• Intermediate to advanced skills in Microsoft Excel.
• Strong analytical thinking and problem-solving capabilities.
• Effective written and verbal communication skills.
• Interpersonal skills with the ability to influence and communicate across departments.
• Ability to prepare thorough reports and deliver presentations to management.
• Proactive, action-oriented attitude focused on meeting deadlines and achieving results.

Benefits

• Work within a high-efficiency, fast-paced environment.
• Comprehensive health insurance coverage.
• Recognition and reward programs.
• Opportunities for learning and professional development.

Diversity Statement

Bayut is committed to equal opportunity, celebrating diversity, and fostering an inclusive workplace environment for all employees.