Accounting Manager

About the Role

Alesayi Beverages is seeking an Accounting Manager to oversee the company's accounting operations in Jeddah, Makkah, Saudi Arabia. This full-time role involves ensuring the accuracy and integrity of financial records, maintaining compliance with accounting standards and regulatory requirements, and preparing financial reports in a timely manner. The Accounting Manager will supervise general accounting, treasury, tax, and financial reporting activities, contributing to sound financial governance and internal controls.

Key Responsibilities

• Manage and supervise all accounting functions, including general ledger, accounts reconciliation, treasury, tax, and financial reporting activities.
• Ensure all accounting transactions are accurately recorded in accordance with IFRS, company policies, and applicable regulatory requirements.
• Review and approve journal entries, account reconciliations, and month-end and year-end closing activities.
• Prepare and review monthly, quarterly, and annual financial statements and management reports within established deadlines.
• Ensure timely reconciliation of bank accounts, intercompany accounts, and all balance sheet accounts.
• Supervise treasury activities, including cash management, bank transactions, payment processing, and liquidity monitoring.
• Oversee tax compliance activities, including VAT, withholding tax, ZATCA requirements, and other statutory filings, ensuring timely and accurate submissions.
• Coordinate the preparation of schedules and supporting documents for internal and external audits and facilitate audit requirements.
• Monitor compliance with company financial policies, internal controls, and accounting procedures while identifying opportunities for process improvements.
• Review accounting records to ensure completeness, accuracy, and proper documentation of financial transactions.
• Support the Finance Manager in preparing financial analyses, management reports, and recommendations to support strategic decision-making.
• Lead, coach, and develop the accounting team to enhance performance, technical competency, and compliance with company standards.
• Coordinate with internal departments to resolve accounting issues and ensure the smooth flow of financial information.
• Ensure compliance with company policies, applicable laws, financial regulations, and internal control requirements.
• Participate in ERP and financial system enhancements to improve accounting efficiency and reporting accuracy.
• Undertake any other duties assigned by the immediate supervisor.

Experience and Qualifications

Candidates for this position should possess 5-10 years of relevant experience in accounting management. A strong understanding of IFRS and regulatory requirements is essential.

Skills and Competencies

• Proficiency in managing all accounting functions, including general ledger, treasury, tax, and financial reporting.
• Strong analytical skills for financial statement preparation and management reporting.
• Ability to ensure compliance with accounting standards, company policies, and regulatory requirements.
• Experience in coordinating internal and external audits.
• Leadership skills to manage and develop an accounting team.
• Familiarity with ERP and financial systems for efficiency improvements.

Work Environment

This is a full-time position based in Jeddah, Makkah, Saudi Arabia, within the Alesayi Beverages team. The role requires collaboration with various internal departments and active participation in enhancing financial processes.

Application Process

Further details regarding the application process and salary will be discussed with qualified candidates.