Accounting Manager📣 Job Ad

About the Role

Madar Building Materials is seeking a highly capable Accounting Manager to join its Khobar headquarters as part of its nationwide operational expansion. This is a financial leadership role focused on managing daily accounting operations and providing strategic financial insights to support a large supply chain network. The position involves overseeing operations across 65 warehouses and factory-to-warehouse logistics, ensuring accurate financial reporting, guiding a team, and navigating enterprise systems.

Key Responsibilities

• Lead and technically supervise the daily operations of the accounting team, ensuring the accuracy of all financial outputs and final journal entries.
• Prepare comprehensive monthly management reports, including Profit & Loss (P&L) statements, balance sheets, expense analysis, and key financial indicators.
• Collaborate in preparing the annual budget, track performance against it, and analyze financial variances.
• Control and manage cash flows, ensuring necessary funds are secured for payroll and project expansions.
• Review major vendor and supplier accounts monthly, managing supplier accounts and following up on due payments.
• Review bank transfers, resolve pending issues in bank reconciliations, and manage differences between warehouse and accounting software.
• Coordinate with internal and external auditors during account reviews and respond effectively to their observations.
• Prepare economic feasibility studies and funding proposals to support executive decisions.

Qualifications and Requirements

• Bachelor's or Master's degree in Accounting or Finance.
• A minimum of 8 to 10 years of experience in accounting, with at least 3 years in a direct supervisory role.
• Proven track record in high-volume industries such as building materials, logistics, or B2B companies.
• Fluency in English.
• Strong leadership qualities with the ability to motivate teams, solve problems, and implement corrective and preventive solutions.
• Exceptional skills in planning and financial analysis.

Required Skills

• Accounting
• Financial Reporting
• Enterprise Systems
• Budgeting
• Financial Analysis
• Cash Flow Management
• Vendor Management
• Bank Reconciliation
• Auditing
• Economic Feasibility Studies
• Funding Proposals
• Leadership
• Problem Solving
• Planning
• Technical Report Writing
• Proficient computer skills, with an aptitude for utilizing and developing company software.

Work Environment

This is a full-time position based at the company's headquarters in Al Khobar, Eastern Province, Saudi Arabia. The role requires 5-10 years of experience.