SENIOR ACCOUNTANT📣 Job Ad

About the Role

DP World is seeking a Senior Accountant to join its team in Jeddah, Makkah, Saudi Arabia. This full-time position is critical for the accurate and timely management of the company’s financial accounts and reporting activities, ensuring robust financial operations.

Role Context and Objectives

The Senior Accountant is responsible for maintaining financial records, completing month-end closing procedures, reviewing revenue and costs, and preparing essential reconciliations. A key objective of this role is to support budgeting and forecasting processes while ensuring strict compliance with accounting standards, company policies, and statutory requirements. This position involves close collaboration with operational and commercial teams to provide financial insights, strengthen internal controls, and ensure accurate accounting for all logistics activities.

Core Responsibilities

• Prepare and review monthly, quarterly, and annual financial statements and management reports.
• Complete month-end and year-end closing activities within agreed timelines.
• Prepare and post journal entries, accruals, provisions, prepayments, and cost allocations.
• Maintain the general ledger and ensure transactions are accurately recorded and supported.
• Review balance-sheet accounts and resolve outstanding reconciliation items.
• Support the preparation of audit schedules and respond to internal and external audit requirements.
• Ensure compliance with applicable accounting standards, statutory requirements, and company policies.
• Review revenue recognition and ensure income is recorded accurately and in the correct accounting period.
• Validate operational costs, including transport, warehousing, freight, customs, handling, subcontractor, and other logistics-related charges.
• Review customer billing and supplier costs to identify missing revenue, unbilled costs, or margin discrepancies.
• Monitor job profitability and investigate significant variances between expected and actual margins.
• Coordinate with operations and commercial teams to resolve billing, costing, and revenue-recognition issues.
• Maintain appropriate accruals for incomplete jobs, services received but not invoiced, and other outstanding liabilities.
• Review customer and supplier account reconciliations and ensure discrepancies are resolved promptly.
• Monitor receivables, overdue balances, and collections in coordination with the credit-control and commercial teams.
• Review supplier invoices and payment documentation to ensure accuracy, appropriate approval, and compliance with contractual terms.
• Support the resolution of disputed customer invoices and supplier charges.
• Ensure transactions are recorded against the correct customer, supplier, cost centre, business unit, and accounting period.
• Support the preparation of annual budgets, periodic forecasts, and long-term financial plans.
• Analyse actual performance against budget, forecast, and prior periods.
• Prepare variance analysis covering revenue, gross profit, operating expenses, and working capital.
• Provide financial analysis and commentary to support management decision-making.
• Assist with profitability analysis by customer, service line, branch, route, site, or project.
• Identify financial risks, cost-saving opportunities, and areas for process improvement.
• Ensure compliance with the company’s financial policies, delegation of authority, and approval requirements.
• Maintain accurate accounting records and supporting documentation.
• Support VAT, corporate tax, and other statutory reporting requirements, where applicable.
• Monitor adherence to credit limits, payment terms, and financial-control procedures.
• Identify control weaknesses and recommend appropriate corrective actions.
• Support the implementation and testing of finance policies, procedures, and internal controls.

Experience Requirements

Candidates for the Senior Accountant position should possess 5 to 10 years of relevant experience in accounting or a similar financial role.

Work Location and Type

This is a full-time position located in Jeddah, Makkah, Saudi Arabia.

Application Information

Interested candidates are invited to apply for this role.