Accountant

Position Overview

We are seeking a highly skilled and experienced Accountant to assume full responsibility for our company’s accounting operations and financial reporting, with a primary focus on managing our diverse investment portfolio. In this pivotal role, you will play a critical part in ensuring the accuracy, compliance, and strategic financial management of our organization. Your expertise will be instrumental in maintaining robust financial controls, delivering timely and transparent reporting, and supporting informed decision-making for our partners and stakeholders.

Key Responsibilities

• General Ledger Management: Oversee and maintain the company’s general ledger, ensuring all financial transactions are accurately recorded, classified, and reconciled in a timely manner.
• Financial Reporting: Prepare and present monthly, quarterly, and annual financial statements in strict adherence to International Financial Reporting Standards (IFRS), providing clear insights into the company’s financial performance and position.
• Bank and Investment Reconciliations: Conduct thorough reconciliations across multiple banking institutions and fund managers to verify the accuracy of cash balances, investment holdings, and related transactions, mitigating discrepancies and ensuring financial integrity.
• Investment Portfolio Accounting: Manage the accounting for investment portfolios, including funds, deposits, and equities. This involves accurate recording of valuations, income recognition, and distributions to ensure compliance with regulatory and internal reporting standards.
• Zakat and Tax Compliance: Prepare and file zakat returns in accordance with Saudi regulations, while ensuring full compliance with the Zakat, Tax and Customs Authority (ZATCA) requirements. Collaborate closely with external advisors to validate filings and address any regulatory inquiries.
• Stakeholder Collaboration: Act as a liaison between the company, external auditors, banking partners, and fund administrators to facilitate smooth financial operations, resolve discrepancies, and ensure alignment with audit and regulatory expectations.
• Budgeting and Cash Flow Management: Support the development and monitoring of annual budgets, track cash flow trends, and prepare detailed management reports to provide actionable financial insights to partners and leadership.

Qualifications and Experience

• Education: Bachelor’s degree in Accounting, Finance, or a closely related field from an accredited institution.
• Professional Experience: Minimum of five years of progressive accounting experience, with a strong preference for candidates who have worked within investment-focused environments such as investment firms, holding companies, or family offices. This specialized experience is essential to success in this role.
• Technical Proficiency: In-depth knowledge of International Financial Reporting Standards (IFRS) and a solid understanding of Saudi zakat and tax regulations, including ZATCA compliance requirements. Exceptional proficiency in Microsoft Excel and hands-on experience with accounting software and ERP systems are required.
• Analytical and Communication Skills: Demonstrated ability to analyze complex financial data, identify trends, and communicate findings clearly and effectively to both technical and non-technical stakeholders.

If you are a detail-oriented accounting professional with a passion for financial excellence and a commitment to driving operational integrity, we invite you to apply and take the next step in your career with our dynamic organization.