Senior / Chief Accountant

McGregor Boyall

Saudi Arabia

Ref: NP388-638

Job description / Role

Employment: Full Time

This role is absolutely key for the business, and as such comes with a high level of expectation and demand.

The work will involve end to end accounting, leading the Monthly Close and conducting basic variance analysis and reporting, as well as management of the balance sheet reconciliations. You'll also look after Group Inter-company matrix and reconciliations.

You will conduct regular Cash Flow reporting, as well as the preparation and entry of various accounting journal entries, accruals, prepayments, ESOP, etc.

Cost Accounting is a key area for this position, so the successful candidate will need to demonstrate their expertise in this field, and you will be responsible for updating the Costing model as well as posting all relevant journal entries.

You will lead the preparation of the quarterly VAT return, as well as its filing & submission, so you'll need to demonstrate experience of local VAT regulations (KSA and wider GCC). You'll also be responsible for the annual Zakat return preparation, filing & submission.

More broadly, you will support the Financial Controller with the preparation of the statutory accounts and annual audit, and you'll liaise with external auditors to ensure all queries are resolved swiftly.

The business is extremely Capex heavy, so you will have to manage and maintain an accurate fixed asset register. You'll also work closely with Financial Controller and the Expansion team to ensure all construction capex spend is being accurately tracked from a budgetary and cash flow perspective

As the face of finance in KSA, you'll partner with various finance and non-finance stakeholders across the business, acting as a key point of contact, so strong communication skills and a willingness to work across functions are essential.

The organisation does have processes and policies in place, but you'll be encouraged to constantly assess these and suggest improvements or efficiencies, with a continuous improvement and best practise mindset.

There is an ongoing ERP implementation underway, and you will have the opportunity to assist the Financial Controller in the second and third phases of that implementation.

There is a centralised Treasury team, but as the person on the ground, you will be responsible for supporting that process, preparing payments, posting cash, bank reconciliation and any ad hoc bank reporting as required.

Finally, although the Payroll is processed by the HR department, you will be involved in the monthly payroll review process.

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.


The ideal candidate would have the following skills and experience;

* Big 4 trained Qualified Accountant, to demonstrate your detailed knowledge and technical accounting foundation.
* Industry experience following that Big 4 foundation.
* Have spent at least 3 years working in a finance role within Saudi Arabia, to ensure your knowledge of Local VAT & Zakat.
* Advanced Excel skills (IF / SUM IF, VLOOKUP, Pivot Tables, etc).
* Able to drive and with access to a vehicle (travel to a remote manufacturing site is required once or twice per month).
* Strong communication and presentation skills are essential, since you'll be reporting into a group office based in Dubai.

About the Company

Established in 1987, McGregor Boyall is a global recruitment consultancy providing permanent and contract / interim professionals across a wide variety of disciplines including Technology, Risk, Finance, Compliance, Legal, Marketing and HR & Talent Management. Since our inception, we have built an unrivalled reputation for helping organisations recruit the very best talent to ensure that they realise their business and operational objectives.

Headquartered in the city of London, and with further offices throughout the UK (Manchester, Birmingham, Edinburgh and Glasgow) as well as globally in Dubai and Singapore, we are able to offer recruitment solutions throughout the UK & Europe, Middle East and Asia Pacific regions.

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Chief Accountant salaries in Saudi Arabia

Average monthly compensation
SAR 15,000

Breakdown available for industries, cities and years of experience