General Accountant📣 Job Ad

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.

Join the International Water Distribution Co. (Tawzea) as an Accountant under the Tamheer Program!

We are looking for a dedicated and qualified professional to be part of our team. Candidates will undergo a rewarding internship while contributing to our mission in managing industrial cities and maintaining essential water and wastewater facilities.

Responsibilities:
- You will participate in accounting tasks and support financial operations within the company.

Requirements:

• Bachelor's degree in Accounting.
• Good command of English, written and spoken.
• Must not have been registered in GOSI for the last six months.
• Must not be currently employed.
• Must not have previously participated in the Tamheer program.

Please Note: All candidates are subject to the terms and conditions of the Tamheer program.

Join Our Team as an Accountant!
Are you a qualified accountant looking for an exciting opportunity in the restaurants and cafés sector? Qawim for Professional Consulting is seeking a skilled Accountant to join our Finance and Administration Department and help us ensure financial accuracy and compliance.

Job Summary:
The Accountant will oversee daily accounting operations, maintain financial records across all branches, monitor sales and expenses, and ensure compliance with ZATCA requirements. You will also support payroll and administrative functions to ensure smooth operations.

Key Responsibilities:

• Record and review daily branch transactions, including sales, purchases, and cash deposits.
• Perform periodic financial closings in coordination with branches.
• Monitor daily cash collections and reconcile with POS system reports.
• Reconcile bank accounts, supplier balances, and financial statements.
• Prepare monthly and quarterly financial reports and performance analyses.
• File and submit VAT and ZATCA reports in compliance with regulations.
• Track inventory costs and control cost of goods sold (COGS).
• Support payroll processing and employee reimbursements.
• Organize accounting documents, invoices, and contracts.
• Coordinate with external auditors, suppliers, and financial partners.
• Contribute to improving internal financial policies and control procedures.

Qualifications and Requirements:

• Bachelor’s degree in Accounting or Finance.
• Minimum of 3 years of experience in accounting, preferably in the F&B industry.
• Proficiency in Excel and accounting software.
• Strong knowledge of VAT, ZATCA regulations, and accounting standards.
• Excellent organizational skills and accuracy.
• Able to manage accounts for multiple branches efficiently.