General Accountant

Join Jobstronaut as an Accountant!
Jobstronaut is looking to hire a skilled Accountant for their team at Al-Hasa, Saudi Arabia. This role is crucial to manage financial operations in accordance with local regulations and international standards.

Key Responsibilities:

• Bookkeeping & Financial Management: Record daily transactions, maintain ledgers, and monitor project costs.
• Accounts Payable & Receivable: Manage vendor invoices, follow up on client payments.
• Taxation & Compliance: Ensure timely filing of VAT returns and assist with Zakat and WHT.
• Banking & Reconciliation: Manage cash flows and reconcile bank statements.
• Inventory & Cost Control: Collaborate with stores and production on stock valuation.
• Financial Reporting: Prepare monthly MIS and support budgeting.

Qualifications & Skills:

• Bachelor’s Degree in Accounting/Finance (CPA, CMA, or SOCPA preferred).
• 3-5 years of relevant experience, preferably in manufacturing.
• Proficiency in accounting software like Tally, SAP, or QuickBooks.
• Strong organizational and analytical skills.

Join Almays Catering Solutions as a Senior Accountant!

Welcome to where every role drives real change. At Almays Catering Solutions, we don't just offer jobs, we offer the chance to shape industries and transform communities. Join professionals who wake up knowing their work matters, solving challenges that impact millions. Whether leading breakthrough initiatives or starting your journey, you'll work on projects that leave a lasting legacy. Every decision, every idea here creates ripple effects that matter. Ready to do work that matters? Explore our roles and join those making a real difference.

Responsibilities:

• Supervise daily accounting operations and ensure the accuracy of journal entries.
• Prepare bank reconciliations and periodically review account balances.
• Monitor accounts receivable and payable and generate monthly reports.
• Prepare monthly, quarterly, and annual financial statements.
• Review expenses and costs for compliance with financial policies.
• Assist in preparing annual budgets and financial forecasts.
• Participate in inventory audits and year-end closing activities.
• Coordinate with auditors and provide necessary documentation.
• Conduct financial analysis and recommend improvements.
• Supervise accounting staff and assign tasks as necessary.

Requirements:

• Bachelor’s degree in Accounting, Finance, or related field.
• 4–6 years of experience in accounting.
• Strong knowledge of ERP systems (*, SAP, Oracle, Odoo).
• Solid understanding of IFRS and accounting regulations.
• Excellent skills in financial reporting and analysis.
• Proficiency in Microsoft Excel and Office tools.
• Able to work under pressure and meet deadlines.

Skills:

• High attention to detail.
• Strong analytical and problem-solving abilities.
• Excellent communication skills.
• Strong organizational and time-management skills.
• Teamwork abilities.

About the Role:
We are seeking a Senior Accountant to manage and oversee all accounting and financial activities related to the company’s real estate and development projects. This role is critical for ensuring accurate project cost tracking, revenue recognition, budgeting, and financial reporting, while maintaining compliance with IFRS (including IFRS 15) and internal financial controls.

Key Responsibilities:

• Project Accounting & Financial Control:
  • Oversee end-to-end project accounting processes, including cost allocation, WIP management, and project asset capitalization.
  • Maintain accurate project ledgers and ensure correct classification of expenditures (materials, contractors, consultants, manpower, and overheads).
  • Review and validate project-related invoices, progress certificates, retention, and milestone payments.
  • Monitor project cash flow, commitments, and actual costs versus approved budgets.
  • Ensure accurate and timely revenue recognition in line with IFRS 15 and applicable real estate accounting standards.
  • Prepare project financial statements and project-specific management reports.
  • Closely monitor payments to contractors and vendors, ensuring compliance with contractual terms.
• Project Cost Monitoring:
  • Track project cost performance and identify variances between budget, forecast, and actual expenditure.
  • Prepare monthly project cost reports, dashboards, and variance analyses for project managers and senior management.
  • Support project managers in preparing budgets and cost-to-complete forecasts.
  • Prepare and update project budgets and forecasts in alignment with approved plans.
  • Maintain and monitor the commitments register (POs, contracts, subcontracts, and variations).
• Project Governance & Compliance:
  • Ensure project spending complies with Delegation of Authority (DOA) and internal financial controls.
  • Support financial controls over procurement, contract management, and subcontractor billing.
  • Coordinate with Internal Audit to address project-related financial risks.
  • Prepare documentation required by external auditors for project assets, revenue, and cost validation.
• General Accounting (Project-Linked):
  • Support month-end and year-end closing activities related to project accounting.
  • Reconcile project accounts, intercompany charges, and project-related balance sheet accounts.
  • Prepare asset capitalization schedules (PPE, investment properties, development properties).
  • Assist in VAT, Zakat, and tax reporting related to project costs and revenues.

Qualifications & Experience:

• Bachelor’s degree in Accounting, Finance, or related field.
• Minimum 6 years of accounting experience, including at least 3 years in project accounting.
• Experience in real estate, construction, or project-based environments.
• Strong understanding of project accounting, cost control, and IFRS.