Leverage your expertise and join a fast-growing startup transforming the auto spare parts industry through digital innovation. The company connects suppliers, retailers, and customers through a technology-driven marketplace that simplifies sourcing, inventory, and distribution across the region.
As Chief Accountant, you will lead the financial operations of the company, ensuring compliance, accuracy, and strategic financial insight. This is a hands-on leadership role overseeing all aspects of accounting, from inventory and cost management to financial reporting and taxation -while supporting the business’s rapid growth and operational excellence.
Key Accountabilities
- Lead and supervise all accounting functions, including accounts payable, accounts receivable, general ledger, inventory accounting, and fixed assets.
- Ensure accurate and timely monthly, quarterly, and annual closings, including trial balances, balance sheets, and income statements.
- Develop and maintain internal controls to safeguard company assets and ensure financial data integrity.
- Oversee the implementation and continuous improvement of ERP accounting systems and related workflows.
- Manage inventory valuation, cost of goods sold (COGS), and reconciliation processes across all warehouses and branches.
- Monitor stock movements and coordinate with the operations and procurement teams to ensure accurate recording and reporting.
- Conduct periodic inventory audits and variance analyses to maintain financial accuracy.
- Ensure full compliance with Saudi tax and financial regulations, including VAT, Zakat, Withholding Tax (WHT), and Income Tax requirements.
- Prepare and submit all tax filings and coordinate with external auditors, tax consultants, and government authorities.
- Maintain updated knowledge of evolving SOCPA, IFRS, and ZATCA regulations and their implications on company reporting.
- Prepare financial statements, management reports, and variance analyses to support strategic decision-making.
- Provide clear and accurate insights on cash flow, working capital, and financial performance to management.
- Support the Head of Finance in budgeting, forecasting, and financial planning processes.
- Supervise, mentor, and develop the accounting team, fostering a culture of accuracy, ownership, and accountability.
- Collaborate closely with cross-functional departments (Operations, Procurement, Sales, and Logistics) to ensure financial alignment across the business.
- Act as the primary point of contact for auditors, tax authorities, and financial institutions.
- Identify opportunities to streamline financial processes, automate reporting, and enhance internal controls.
- Lead initiatives to improve accounting efficiency and accuracy as the company scales.
Knowledge, Skills, and Experience
- Bachelor’s degree in Accounting, Finance, or a related field (Professional certifications such as SOCPA, CPA, CMA, or ACCA strongly preferred).
- 7–10 years of progressive accounting experience, including at least 3 years in a supervisory or chief accountant capacity, ideally within Saudi Arabia.
- Deep understanding of inventory and cost accounting, revenue recognition, and end-to-end accounting cycles.
- Strong command of Saudi tax laws and compliance requirements (VAT, Zakat, WHT, Income Tax).
- Hands-on expertise with ERP systems (e.g., SAP, Oracle, Odoo, or Microsoft Dynamics) and advanced Excel proficiency.
- Excellent analytical, organizational, and problem-solving skills with attention to detail.
- Exceptional communication and interpersonal skills in English and Arabic.