Accountant

About the Role

Awtad, a real estate development company in Saudi Arabia, is seeking an Accountant to join its financial team in Riyadh. This full-time role is essential for maintaining the integrity of financial operations and ensuring compliance with regulatory standards. The Accountant will manage various accounting functions, supporting financial reporting and analysis for the company's projects.

Key Responsibilities

• Manage and monitor accounts for suppliers and contractors related to projects.
• Review contracts, payment certificates, and invoices to ensure compliance with agreements, purchase orders, and payment terms.
• Reconcile supplier and contractor balances and perform necessary accounting adjustments.
• Monitor project costs, operating expenses, and petty cash transactions.
• Review due payments, amounts paid, and outstanding balances for each project.
• Record project-related journal entries and ensure the accuracy of financial documents.
• Follow up on invoices and payments, coordinating with suppliers, contractors, and relevant departments.
• Prepare periodic financial reports covering project costs, expenses, and financial obligations.
• Monitor Value Added Tax (VAT) and electronic invoicing requirements in accordance with Saudi Arabian regulations.
• Perform periodic accounting reconciliations and month-end and year-end closing activities.
• Maintain and organize financial records and supporting documents related to projects.
• Coordinate with Finance and Operations departments to ensure data accuracy and compliance with accounting procedures.

Qualifications and Experience

• Bachelor's degree in Accounting.
• 5-10 years of practical experience in accounting, preferably in project accounting or within contracting and operations companies.
• Good knowledge of supplier and contractor accounts.
• Experience reviewing contracts, payment certificates, and invoices, and matching them against payments.
• Ability to reconcile account balances and perform accounting adjustments.
• Knowledge of project cost monitoring, operating expenses, and petty cash management.
• Knowledge of VAT and electronic invoicing requirements in Saudi Arabia.

Required Skills

• Proficiency in Microsoft Excel and accounting systems; experience with Odoo is preferred.
• Strong analytical and accounting skills, with excellent attention to detail.
• Strong organizational and time management skills, with the ability to prioritize tasks and manage multiple projects simultaneously.

Work Location

This position is based in Riyadh, Saudi Arabia.