Accounting Manager📣 Job Ad

About the Role

ALFA LAVAL is seeking an Accounting Manager to join their team in Al Khobar, KSA. This full-time position involves leading the financial accounting function, ensuring all financial, cost accounting, and reporting activities align with company protocols and procedures.

Role Purpose

The primary purpose of this role is to assume full ownership of the financial statements for AL Arabia and AL RHQ. This includes responsibility for all finance-related processes and internal controls, ensuring that reporting and accounting systems comply with local laws, IFRS, ALMEA, and Group Policies.

Key Responsibilities

• Drive the adoption and implementation of the strategic direction within the Finance Department.
• Manage statutory and group accounting, book closing, and monthly reporting for all KSA entities, ensuring data quality, compliance, and timeliness.
• Prepare financial reports, including income statements and balance sheets, and analyze deviations.
• Oversee fund investments, manage associated risks, and supervise cash management activities.
• Handle disbursement and accounting for Payroll, Bonus, Leave & EOSB, coordinating with HR to ensure compliance with local labor laws.
• Establish and monitor accounting control procedures, ensuring compliance with statutory and group rules.
• Forecast costs and financial affairs of the companies.
• Manage cash flow and associated risks.
• Uphold procedures for the custody and control of assets, records, loan collateral, and securities.
• Coordinate risk and insurance programs.
• Keep ALMEA management informed of new applicable legal requirements and propose adequate actions.
• Liaise with local banks on relevant financial issues.
• Prepare for and execute financial and tax audits in cooperation with ALMEA finance management and the appointed audit firm.
• Ensure compliance with VAT, Income Tax, Payroll taxes, and WHT regulations, including tax return filing.
• Ensure compliance with Transfer Pricing regulations.
• Manage staff performance, coach, and provide on-the-job training.
• Undertake ad hoc tasks, initiatives, and projects as required.

Qualifications and Experience

• Bachelor’s degree in accounting or finance.
• Professional certification (ACCA, AICPA, CA, or CIMA).
• A minimum of 5-10 years of relevant experience.
• Proven experience working with external audits.
• Strong practical knowledge of IFRS and applicable tax regulations.
• Solid experience within internal control frameworks, including business process design, implementation, and continuous improvement.
• Relevant industry experience in a similar role and level of responsibility.

Required Competencies

• Structured work methodology with a solutions-oriented mindset.
• Above-average relationship-building skills, with relevant business communication and written skills.
• Solid hands-on experience with accounting principles and their practical application.
• Good knowledge of KSA accounting framework, taxation, and IFRS standards.
• Ability to work with large volumes of data and strong multitasking capabilities.
• Capacity to deliver accurate work within strict deadlines and maintain precision under pressure.
• Ability to focus and prioritize tasks effectively.
• Demonstrates high standards of integrity, professionalism, and ethical business conduct.
• Trustworthy and reliable with a strong ethical mindset and commitment to compliance.
• Dedicated and hardworking, capable of managing significant responsibility and ownership.
• Committed to continuous personal and professional development.

Work Environment and Relationships

This is a full-time position based in Al Khobar, KSA. The role involves working within an international, open, and friendly environment. Key relationships include the Country General Manager, Regional Finance Manager, Regional Finance Director, VP Customer Excellence, Business Controller, Finance Shared Services, and Accountants.