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.
