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Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationJeddah
Job Summary:
The Senior Accountant at 77 Media Services Company is responsible for managing and maintaining financial records, preparing financial statements, and ensuring compliance with regulatory requirements. This role involves consolidating financial information from various subsidiaries, providing accurate financial analysis, and supporting strategic decision-making processes.

Key Responsibilities:
  • Financial Reporting and Analysis:
    • Prepare consolidated financial statements for the holding company and its subsidiaries.
    • Analyze financial data and provide insights to support strategic planning.
    • Assist in the preparation of budgets, forecasts, and financial projections.
  • General Ledger and Accounting:
    • Maintain and reconcile general ledger accounts.
    • Ensure accurate and timely month-end and year-end close processes.
    • Prepare journal entries and ensure proper documentation.
  • Regulatory Compliance:
    • Ensure compliance with GAAP, IFRS, and other relevant accounting standards.
    • Coordinate with external auditors and manage audit processes.
    • Stay updated with changes in financial regulations and implement necessary adjustments.
  • Intercompany Transactions:
    • Monitor and reconcile intercompany accounts and transactions.
    • Ensure proper allocation of shared expenses and revenues among subsidiaries.
  • Tax Compliance:
    • Prepare and file tax returns for the holding company and its subsidiaries.
    • Ensure compliance with local, state, and federal tax regulations.
    • Liaise with tax advisors and regulatory bodies as needed.
  • Financial Systems and Processes:
    • Implement and maintain robust financial controls and procedures.
    • Enhance accounting processes to improve efficiency and accuracy.
    • Utilize accounting software and tools effectively.
  • Support and Collaboration:
    • Collaborate with subsidiary finance teams to ensure consistency and accuracy in financial reporting.
    • Provide support for mergers, acquisitions, and other corporate transactions.
    • Assist in special projects and perform ad hoc financial analysis as required.

Job Requirements:
Qualifications & Skills:
  • Education: Bachelor’s degree in Accounting, Finance, or related field. CPA or equivalent certification preferred.
  • Experience: 3-5 years of experience in accounting or finance, preferably within a holding company or corporate environment. Experience with consolidation of financial statements and intercompany accounting.
  • Language Skills: Fluent in Arabic and English (spoken and written) – required for professional communication.

Skills:
  • Strong knowledge of GAAP, IFRS, and other relevant accounting standards.
  • Proficiency in accounting software (*, QuickBooks, ZohoBooks, Oracle) and Microsoft Office Suite (Excel, Word, PowerPoint).
  • Excellent analytical, problem-solving, and organizational skills.
  • Strong attention to detail and accuracy.
  • Effective communication and interpersonal skills.

Competencies:
  • Analytical Thinking: Ability to analyze financial data and provide actionable insights.
  • Detail-Oriented: Keen attention to detail to ensure accuracy in financial reporting.
  • Integrity: High ethical standards and professionalism in handling sensitive financial information.
  • Collaboration: Ability to work effectively with cross-functional teams and subsidiaries.
  • Adaptability: Flexibility to adapt to changing business needs and regulatory requirements.

Working Conditions:
Standard office environment with occasional travel to subsidiaries as required. Full-time position with potential for extended hours during peak financial periods (*, month-end, year-end).

Requirements

  • Requires 2-5 Years experience

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