Lead Accountant📣 Job Ad

About the Role

The Zakat, Tax and Customs Authority (ZATCA) is seeking an experienced Senior Accountant to join its team in Riyadh, Saudi Arabia. This is a full-time position, requiring a professional capable of working under general direction and developing solutions for complex challenges. The Senior Accountant will be responsible for performing complex operational activities, reviewing issues referred by junior team members, and ensuring accurate and timely processing of financial transactions. Professionals at this level are expected to be competent in analyzing and resolving problems, managing complex operational tasks, and providing support to junior staff. This position plays a crucial role in maintaining the integrity and efficiency of ZATCA's financial operations.

Key Tasks and Responsibilities

• Accurately record accounting transactions and journal entries related to accounts payable and payroll, in accordance with accounting standards and principles.
• Review invoices and payment requests, ensuring they comply with approved purchase orders, and investigate and escalate any discrepancies.
• Review vendor accounts and transactions to ensure timely payments in accordance with Service Level Agreements (SLAs) and pre-defined schedules.
• Reconcile ZATCA payroll statements provided by stakeholders, identifying deviations and investigating discrepancies with relevant parties.
• Prepare necessary requests for bank transfers and other payment documentation.
• Manage business transactions with banks, including deposits, withdrawals, and transfers, ensuring daily reconciliation.
• Process payments for invoices, payroll, benefits, pensions, and employee bonuses accurately and on time, verifying that invoiced amounts are authorized and ready for disbursement on scheduled payment dates.
• Reconcile petty cash and replenish funds according to the approved budget.
• Follow all relevant policies, processes, and standard operating procedures to ensure work is performed in a controlled and consistent manner.
• Assist in resolving referred issues and provide necessary support to the junior team to ensure efficient work execution.
• Escalate complex issues to relevant personnel to ensure proper closure of cases and issues.
• Perform other duties as requested by management.

Qualifications and Requirements

• Bachelor's degree in Accounting or equivalent qualification.
• Minimum of 4 years of relevant accounting experience.
• Experience in reviewing vendor accounts and transactions.
• Experience in preparing transfer requests and other payment documents.
• Experience in reconciling bank accounts and payroll statements.
• Experience in investigating financial discrepancies.
• Experience in handling business transactions with banks.
• Experience in processing payments for invoices, payroll, benefits, pensions, and employee bonuses.
• Experience in petty cash reconciliation.

Required Skills

• Proficiency in financial planning and analysis.
• Advanced collaboration and communication skills.
• High professionalism.
• Advanced asset management skills.
• Proficiency in accounting standards and practices.
• Results-oriented.
• Proficiency in financial reporting and control.
• Customer focus.
• Risk assessment and management.
• Advanced change enablement and innovation skills.
• Knowledge of information systems.

Job Details

Job Title: Senior Accountant
Company: Zakat, Tax and Customs Authority
Location: Riyadh, Saudi Arabia
Job Type: Full-time
Required Experience: 2-5 years