Accountant

About the Role

Sana Investment is seeking a qualified and motivated Accountant to join its team in Riyadh, Saudi Arabia. This full-time role involves managing the company's accounting operations and real estate project accounts. The successful candidate will ensure accurate financial records, regulatory compliance, and effective financial reporting in accordance with International Financial Reporting Standards (IFRS) and applicable Saudi regulations. The position requires 2-5 years of relevant experience.

Key Responsibilities

• Prepare trial balances, financial statements, and supporting notes in accordance with IFRS.
• Perform account reconciliations and ensure accurate month-end and year-end closing.
• Prepare and analyze periodic accounting and financial reports for management.
• Manage accounts payable and receivable and monitor financial transactions between projects.
• Monitor bank accounts, cash movements, and company cash balances.
• Coordinate bank transactions, contractor payments, and fund transfers.
• Monitor cash flows and prepare monthly cash flow forecasts for ongoing projects.
• Prepare and submit VAT returns in accordance with ZATCA requirements.
• Follow up on VAT refund claims related to real estate projects.
• Reconcile tax accounts and resolve discrepancies.
• Maintain and review project accounting records and journal entries.
• Monitor project budgets, costs, completion rates, and profit margins.
• Review contractor invoices, payment certificates, and contractual obligations.
• Coordinate with project managers to verify completed works and approve payments.
• Analyze cost variances and prepare project financial performance reports.
• Implement accounting policies and internal control procedures.
• Review accounting transactions and identify and correct discrepancies.
• Prepare supporting documents for external audits and follow up on audit recommendations.

Qualifications and Experience

• 2-5 years of experience in accounting.
• Proven ability to manage accounting operations and financial reporting.
• Familiarity with International Financial Reporting Standards (IFRS) and Saudi regulations.

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia, within the Sana Investment team.