Statutory Accountant for a Multinational Professional Services Firm

RecruitMe FZE

Riyadh, Saudi Arabia

Ref: QP103-549

Job description / Role

Employment: Full Time

Perform accounting transactions such as booking accounting journals and maintaining schedules as per the firm’s policies and procedures. Be the focal point of contact for Saudi local content.

Management bookkeeping:
• Review of management revenue, disbursement and margins on cross border engagements on a regular basis
• Maintain, review and book monthly cash payments handled by the office manager
• Perform accounting transactions such as booking accounting journals and maintaining schedules as per the firm’s policies and procedures
• Prepare accurate ME bank transactions and book related entries Statutory bookkeeping:
• Review and validate the monthly transactions and reports posted through management books country by country
• Assess requirement for statutory entries to the statutory accounting system
• Prepare extended trial balance for all statutory entities for year end, including adjustments needed for correct statutory reporting and compliance
• Provision of required information for ME Firm tax team covering any tax compliance and/or ad hoc reporting requirements
• Support on initiatives related to compliance, statutory, legal structure or contractual projects as required
• Coordinate with external reporting (statutory) team, local KSA finance lead and ME Firm tax teams on all relevant accounting and compliance matters

Saudi local content:
• Stay up to date on KSA local content requirements, summarize these and prepare internal communications
• Coordinate with Finance team to calculate and report on local content score in KSA; and identify actions to improve it
• Be the focal point of contact for the client teams regarding local content requirements and templates for proposal submission, contracting and invoicing

Collection and Accounts Receivable:
• Gradually take on responsibilities in collection and accounts receivables through participating in the weekly AR calls
• Follow up on collection activities with the firm’s collection team in Riyadh for select accounts
• Directly follow up with key clients on collection activities


Knowledge, skills, and abilities:
• University Degree in Accounting or Finance
• 3+ years of relevant experience
• Strong knowledge in statutory reporting, regulations and compliance, in particular KSA and Lebanon
• High degree of competency in working with finance ERPs
• Strong attention to detail and analytical skills
• Ability to multitask and work under pressure
• Strong interpersonal and communication skills
• Strong organizational and problem-solving skills
• Proficiency in Microsoft Office (Word, Excel, Power point), in particular, excellent excel skills required;
• Digital systems proficiency is a plus

About the Company

RecruitME are a specialized recruitment consultancy supplying top tier business support staff to Dubais leading multinational organizations. We carefully source, screen and select only the very best candidates to assist our clients in making easier recruitment decisions faster.

Differentiating ourselves from standard recruitment agencies our consultants have been carefully chosen for their backgrounds in business support for leading multinational organizations. Having been both the client and the candidate previously, we have an insiders understanding of the recruitment process and our clients needs.

What we do:

Specializing in business support positions we can assist in introducing a small selection of experienced administration, finance and human resource candidates with the relevant experience to benefit your business. Our careful screening process ensures that we have met with and can give a concise overview of each candidates skills and current situation before you meet them.

We pride ourselves on sending our clients only the very best available candidates in the market to ensure a simplified, hassle free and timely recruitment experience for all involved.

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Accountant salaries in Saudi Arabia

Average monthly compensation
SAR 6,000

Breakdown available for industries, cities and years of experience