Senior Accountant

About the Role

Front End Limited Company is seeking a Senior Accountant to join our team in Al Khobar. This full-time role is central to managing the month-end close process and ensuring accurate, timely, and compliant financial reporting for a fast-growing, project-driven business. The Senior Accountant will be responsible for maintaining the general ledger, leading statutory and tax compliance efforts, and strengthening accounting processes and controls.

Role Context

The finance team is expected to leverage AI tools to enhance efficiency, reduce manual tasks, and improve accuracy in financial operations. This role involves a strong focus on compliance with International Financial Reporting Standards (IFRS) and local regulations, including Zakat, Tax and Customs Authority (ZATCA) requirements and Saudi labor law.

Key Responsibilities

• Manage the month-end and year-end close processes, including journal entries, accruals, prepayments, and account reconciliations.
• Maintain the general ledger, ensuring accurate recording of transactions in accordance with IFRS.
• Prepare monthly financial statements, including income statements, balance sheets, and cash flow statements, with supporting schedules and analysis.
• Oversee accounts payable and accounts receivable cycles, including supplier payments, client invoicing against project milestones, and collections follow-up.
• Handle project accounting, including cost allocation, revenue recognition under percentage-of-completion, and work-in-progress reconciliations.
• Lead tax and statutory compliance, including VAT returns, withholding tax, and zakat filings with ZATCA, and ensure compliance with FATOORAH electronic invoicing requirements.
• Manage payroll accounting and related filings, such as General Organization for Social Insurance (GOSI) contributions and end-of-service benefit provisions in line with Saudi labor law.
• Support the annual external audit as the primary point of contact, preparing audit schedules and resolving auditor queries.
• Manage fixed assets, including capitalization, depreciation, and periodic verification.
• Utilize AI tools to automate reconciliations, reporting, and routine accounting workflows, and champion their adoption within the finance function.
• Strengthen internal controls, accounting policies, and documentation as the company expands.
• Mentor junior accountants and review their work.

Qualifications and Experience

• A minimum of 5 to 10 years of experience in accounting.
• Demonstrated experience with month-end close processes and financial reporting.
• Strong understanding of International Financial Reporting Standards (IFRS).
• Experience with statutory and tax compliance in Saudi Arabia, including VAT, withholding tax, zakat, and FATOORAH electronic invoicing.
• Proficiency in managing accounts payable, accounts receivable, and payroll accounting.
• Familiarity with project accounting principles, including cost allocation and revenue recognition.

Required Skills

• Analytical skills for financial statement preparation and analysis.
• Attention to detail for accurate transaction recording and reconciliation.
• Ability to lead and manage accounting processes and controls.
• Proficiency in leveraging AI tools for accounting automation.
• Mentorship and review skills for junior team members.

Work Environment

This is a full-time position based in Al Khobar. The role requires collaboration within the finance team and interaction with various departments to ensure seamless financial operations and compliance.