JOB DESCRIPTION / ROLE
Job Title: Accounting Specialist
Location: Riyadh, Saudi Arabia
Position Overview: Our client is looking for a highly skilled and detail-oriented Accounting Specialist who will be responsible for various aspects of financial management, including accounts receivable, control, treasury, risk assessment, and more. The ideal candidate will have a deep understanding of financial processes and possess strong analytical skills. Fluency in Arabic is required for effective communication with our international clients and partners.
* Manage and oversee accounts receivable functions, including invoicing, collections, and reconciliation.
* Perform regular controls to ensure the accuracy and integrity of financial data.
* Manage treasury functions, including cash flow management, bank reconciliations, and monitoring of banking transactions.
* Knowledge of payment terms, credit policies, and banking practices to optimize cash flow.
* Conduct risk assessment and evaluation of financial transactions, identifying potential risks and proposing mitigation strategies.
* Utilize knowledge of the balance sheet to analyze financial statements and support decision-making.
* Develop and implement risk mitigation techniques to safeguard company assets.
* Understand trade financing practices and trading risk management to facilitate international transactions.
* Support capital investment decisions through financial analysis and reporting.
* Utilize ERP systems for data entry, financial analysis, and reporting.
* Proficiency in Excel for financial modeling, data analysis, and reporting.
We request that candidates send their CV as a Microsoft Word document where possible.
Quest Search and Selection is acting as an Employment Agency in relation to this vacancy.
* Bachelor's degree in Accounting, Finance, or a related field.
* Minimum of 5 years of experience in accounting and financial management.
* Fluency in Arabic is mandatory for effective communication.
* Strong knowledge of payment terms, banking practices, and risk assessment.
* Proficiency in basic financial concepts, including balance sheets, risk evaluation, and mitigation.
* Familiarity with trade financing, trading risk management, and capital investment practices.
* Experience with ERP systems (e.g., SAP, Oracle) and advanced Excel skills.
* Excellent analytical and problem-solving abilities.
* Strong attention to detail and accuracy.
* Effective communication and interpersonal skills.
* Ability to work effectively in a multicultural and diverse team environment.
ABOUT THE COMPANY
Quest Search & Selection is a specialist recruitment consultancy with over 20 years' experience in sourcing the world's best candidates for the global Retail, FMCG and Hospitality sectors.
With offices in the UK & Dubai, we have an international presence and a global reach. Our recruiters place candidates locally and internationally for a wide variety of roles focusing on the following areas:
Retail Buying & Merchandising, E-commerce & Digital, Food & Beverage, Hotels, Hospitality & Operations, Retail Stores & Operations, HR & Recruitment, Procurement, Supply Chain & Logistics, Sales & Marketing, Technical and New Product Development.
We work in partnership with our clients who range from famous international brands within the Retail, Restaurant, Hotel and Consumer products space. Our reputation is built on our in-depth understanding of the industry and our consultants' skill, knowledge and passion for their sectors.