Accounting Operations Lead

About Syarah

Syarah aims to transform the car buying experience in Saudi Arabia and the Middle East by offering an end-to-end digital platform. The company develops and operates systems for vehicle sourcing, inspection, photography, merchandising, reconditioning, financing, insurance, and shipping, with the goal of providing a seamless and transparent customer experience.

The Role

Syarah is seeking an experienced Accounting Operations Lead to join its team in Riyadh, Saudi Arabia. This full-time role involves overseeing daily accounting operations, driving process improvements, and ensuring operational efficiency. The lead will manage end-to-end finance processes related to Procure-to-Pay (P2P) and Order-to-Cash (O2C), ensuring accuracy, compliance, and efficiency in financial transactions. The role also includes leading a team and collaborating across departments to support financial control and business growth.

Key Responsibilities

• Oversee the accounts payable function, including invoice processing, payment scheduling, and vendor reconciliations.
• Ensure timely and accurate posting of supplier invoices and credit notes.
• Coordinate with procurement and operations teams to resolve discrepancies and optimize the purchasing process.
• Supervise accounts receivable and billing processes.
• Ensure proper application of receipts and timely customer invoicing.
• Monitor O2C KPIs such as days sales outstanding (DSO), billing accuracy, and collection effectiveness.
• Collaborate with sales and other departments to resolve billing disputes.
• Develop and enforce internal controls across P2P and O2C cycles to mitigate risks.
• Ensure compliance with tax regulations (VAT, withholding, etc.), accounting standards, and company policies.
• Support month-end and year-end closing activities, including accruals, reconciliations, and reporting.
• Lead and mentor accounting staff responsible for P2P and O2C.
• Identify opportunities for automation and process improvement within accounting operations.

Qualifications and Requirements

• Bachelor's degree in Accounting or Finance.
• 6+ years of relevant experience.
• Proficiency in Microsoft Excel and other MS Office applications.
• Strong organizational skills and the ability to manage multiple tasks.
• Good written and verbal communication skills.
• A proactive leader with strong analytical and problem-solving abilities.
• Fast learner with a positive attitude and willingness to improve skills.

Company Values

All Syarah employees are expected to uphold the company's core values: Tolerance, Transparency, Respect, Integrity, and Positivity.