Accountant Pay

Job description / Role

Description

Who are we?
We are Foodics, a leading restaurant management ecosystem and payment tech provider. Founded in 2014 with headquarters in Riyadh and offices across five countries, including UAE, Egypt, Jordan, and Kuwait. We are currently serving customers and partners in over 35 different countries worldwide. Our innovative products have successfully processed over 6 billion (yes, billion with a B) orders so far, making Foodics one of the most rapidly evolving SaaS companies to ever emerge from the MENA region. Foodics has also achieved three rounds of funding, with the latest raising $170 million in the largest SaaS funding round in MENA, boosting its innovation capabilities to better serve business owners.

The job in a nutshell

The accountant – Foodics Pay will be responsible for reconciling all financial transactions related to merchant operations, including POS activities, ensuring accuracy, compliance, and timely reporting in alignment with regulatory and internal standards (e.g., SAMA). This role requires strong analytical skills, a high level of accuracy, and good knowledge in financial reconciliation within FinTech or payment processing environments.

What will you do?

• Perform daily reconciliation of Merchant Service Fee (MSF) files against merchant payouts and bank statements.
• Record daily financial entries from all accounts associated with merchant operations.
• Reconcile payout transactions, collections, and settlements with corresponding bank statements and payment gateways.
• Investigate and resolve discrepancies in merchant transaction data, settlements, and chargebacks.
• Support in preparing monthly regulatory reports to SAMA and other relevant authorities in a timely manner.
• Ensure compliance with internal controls, accounting policies, and regulatory guidelines.
• Handle merchant financial inquiries and claims related to settlements, collections, and discrepancies.
• Monitor merchant balances and ensure accurate disbursement of payouts.
• Participate in system testing and enhancement projects for FinTech accounting and settlement modules.
• Support month-end and year-end closing activities related to merchant operations.

What are we looking for?

• Bachelor’s degree in accounting or finance, or related fields.
• 0-2 years of experience in accounting.
• Saudi national.
• Professional certifications (SOCPA, CMA, CPA) are a plus.

Preferred skills:

• Strong attention to detail and accuracy.
• Solid understanding of accounting principles.
• Ability to meet deadlines and manage multiple priorities.
• Excellent communication in both English and Arabic, written and oral.
• Strong Excel skills.
• High level of integrity and confidentiality.
• Must be flexible to work in a fast-paced and evolving environment.

What we offer you?

• We believe you will love working at Foodics!
• We have an inclusive and diverse culture that encourages innovation and flexibility in offices.
• We offer highly competitive compensation packages, including bonuses and the potential for shares.
• We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment.
• Join a talented team of over 30 nationalities working in 14 countries, and gain valuable experience in an exciting industry.
• We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.