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Contract TypeFull-time
Workplace typeOn-site
LocationRiyadh

Job Description

About Saudi Gold Refinery Co.

Saudi Gold Refinery (SGR) is a Saudi mining and precious-metals company specializing in the refining of gold and precious metals, bullion production, and value-added precious-metal services. Operating within the Kingdom’s mining value chain, SGR aligns with the Vision 2030 mining pillar and adheres to the regulatory framework set by the Ministry of Industry and Mineral Resources (MIM), as well as applicable Saudi and international standards. The company produces responsibly sourced, traceable, and certified bullion, operating to LBMA Good Delivery and ISO-aligned quality standards.

The Role of Accountant

Saudi Gold Refinery (SGR) is seeking a full-time Accountant in Riyadh, Saudi Arabia. This role is crucial for managing daily financial recording and reconciliation activities within our refining operations. The Accountant will report directly to the Finance Manager and is responsible for ensuring accurate general ledger maintenance, supporting monthly closing processes, and maintaining compliance with Saudi tax regulations. This position requires a professional with 5-10 years of relevant experience.

Key Responsibilities

  • Maintain the general ledger by posting accurate journal entries for refining costs, bullion inventory movements, and corporate expenses.
  • Calculate and file monthly and quarterly VAT returns through the ZATCA portal in full compliance with Saudi tax laws.
  • Reconcile physical bullion and dore inventory counts with system records to identify and resolve discrepancies promptly.
  • Prepare monthly balance sheet reconciliations for key accounts including cash, inventory, and accrued liabilities.
  • Maintain the fixed asset register and calculate depreciation for plant equipment, laboratory instruments, and corporate assets.
  • Prepare audit schedules and retrieve supporting documentation for external auditors during interim and final audits.
  • Allocate refining costs, including chemicals and energy, to specific production batches for accurate cost of goods sold reporting.

Performance Objectives

  • Achieve 100% on-time filing of VAT returns with zero penalties from ZATCA.
  • Complete monthly bank reconciliations within five working days of month-end.
  • Reduce general ledger reconciliation discrepancies to less than 1% of total transactions.
  • Successfully support the annual external audit with no major findings in assigned areas.
  • Implement and maintain an improved fixed asset tracking process that aligns with physical verification and ensures 100% accuracy in depreciation calculations.

Candidate Profile

This position requires a detail-oriented professional with 5-10 years of experience who can manage VAT compliance, inventory reconciliations, and payroll support effectively within a regulated industrial environment. The ideal candidate will play a key role in maintaining financial integrity across operational and corporate functions, directly supporting the Finance Manager in producing timely financial statements.

Application Process

Saudi Gold Refinery welcomes applications from all qualified candidates. Hiring decisions are made based on role requirements, skills, experience, and alignment with Saudization and Vision 2030 priorities. To apply, please submit your application through the following link: https://***********************************************************


Requirements

  • Requires 5-10 Years experience

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