Senior Accountant

About the Role

Malama is seeking a Senior Accountant to lead the accounting function across all brands and branches. This full-time position is based in Al Khobar, Eastern Province, and involves overseeing daily accounting operations, ensuring accuracy in financial records, and timely month-end closings. The role requires 2-5 years of experience and includes supervising and developing the accounting team.

Key Responsibilities

• Supervise all daily accounting operations and review journal entries and supporting documents for accuracy.
• Ensure expenses are charged to the correct account, branch, and brand, and follow up on accounting errors until corrected.
• Review sales from POS systems (Foodics), apps, and delivery platforms, including commissions, discounts, and promotions.
• Oversee customer and supplier accounts, review supplier balances, and reconcile statements and invoices.
• Manage cash and bank accounts, and review and approve monthly bank, cash, and POS reconciliations.
• Lead month-end closing processes and the preparation of final accounts.
• Review fixed assets, depreciation, and accounting adjustments.
• Review VAT data for accuracy before return filing.
• Prepare and review actual P&L and periodic financial reports, explaining accounting variances between periods.
• Coordinate with Finance, Operations, and Financial Analysis on financial data, and support external and internal audits.
• Ensure compliance with approved financial and accounting policies, develop procedures and internal controls, and manage system access to maintain segregation of duties.
• Directly supervise, assign tasks to, and review the work of accountants, providing training and development.
• Ensure closing and reporting deadlines are met, and assign backups for roles during leave.

Qualifications and Experience

• A minimum of 2-5 years of experience in accounting.
• Demonstrated ability to lead accounting functions and supervise a team.
• Proficiency in reviewing financial data, journal entries, and reconciliations.
• Experience with POS systems and delivery platform accounting is preferred.
• Strong understanding of VAT regulations and financial reporting standards.

Work Environment

This is a full-time position located in Al Khobar, Eastern Province, Saudi Arabia. The role involves working closely with Finance, Operations, and Financial Analysis teams, and directly supervising a team of accountants.