Payment Accountant Jobs in Riyadh

• Review invoices and supporting documents for payment transactions to ensure completeness and compliance with contracts and approved financial policies.
• Prepare and review payment orders and verify financial data accuracy prior to approval based on delegated authority.
• Process supplier and vendor payments while monitoring due dates to ensure timely settlement.
• Accurately record all payment transactions in the financial system and ensure correct accounting entries.
• Review operating and capital expenditures to ensure proper classification and allocation to the correct cost centers.
• Prepare and review accounts payable reconciliations, monitor open balances, and resolve discrepancies in coordination with relevant departments.
• Coordinate with the treasury function to ensure sufficient liquidity is available before executing scheduled payments.
• Monitor advance payments and pending settlements to ensure timely closure and reconciliation.
• Prepare periodic reports on payments, including overdue payments analysis and recommendations for improvement.
• Communicate with vendors to resolve payment inquiries, discrepancies, and outstanding claims.
• Support month-end and year-end closing activities through payment schedules and reconciliations.
• Ensure compliance with internal financial controls and contribute to improving payment processes efficiency.
• Participate in the automation and enhancement of accounts payable processes to improve data quality and reduce operational errors.

The job description of the General Accountant in English

The General Accountant is the employee responsible for recording and analyzing all financial transactions within the organization. The General Accountant prepares daily and monthly financial reports and supervises the implementation of all accounting operations in accordance with the approved standards. He also collaborates with other departments to ensure the accuracy of accounts and compliance with financial regulations and local and international legislation.

Tasks and Responsibilities:

• Recording daily financial transactions such as revenues and expenses.
• Preparing monthly and annual financial reports and analyzing financial data.
• Ensuring compliance with accounting standards and financial regulations.
• Reviewing invoices and ensuring their accuracy and matching with financial records.
• Monitoring customer and supplier accounts and ensuring transaction accuracy.
• Conducting bank reconciliations and ensuring balance between bank and accounting records.
• Preparing necessary financial statements for managers and senior management.
• Assisting in preparing the general budget and monitoring expenditures.

Required Qualifications:

• Bachelor's degree or diploma in accounting or finance.
• At least 2 years of experience in general accounting.
• Full proficiency in using accounting software and ERP systems and other related accounting programs.
• Ability to work under pressure and meet deadlines.

Required Skills:

• Strong analytical skills.
• Accuracy in dealing with numbers and financial information.
• Strong communication skills to work with teams and management.
• Ability to effectively solve financial problems.

About the Finance Accountant Role

Safari Group is seeking a diligent and organized Finance Accountant to join our team in Riyadh, Saudi Arabia. This full-time position is crucial for maintaining the accuracy and efficiency of our financial operations. The ideal candidate will be responsible for the coordination and execution of key accounting functions, including account reconciliations, budget compilation, and providing essential support to the accounts payable department. This role offers an opportunity for a finance professional to grow within a reputable organization, contributing to the overall financial health of the company.

Key Responsibilities

• Record daily bank transactions, including deposits, withdrawals, and transfers, ensuring accuracy and completeness.
• Manage all aspects of Bank Guarantees (LG/BG), including their issuance, tracking, and maintenance of related records.
• Handle bank loans, encompassing their booking, processing repayments, and accurately entering interest charges.
• Process Letters of Credit (LC), from initial issuance and any subsequent amendments through to final settlement.
• Record and allocate all bank charges and fees to the appropriate accounts.
• Perform comprehensive monthly bank reconciliations to ensure alignment between internal records and bank statements.
• Assist with budget compilation processes.
• Provide backup support for the accounts payable function as needed.

Qualifications and Experience

• An Associate's degree in accounting or equivalent practical experience in an accounting role.
• A minimum of 3 years of progressive experience in accounting.

Required Skills and Competencies

• Proficiency in Account Reconciliations.
• Experience with Budget Compilation.
• Knowledge of Accounts Payable processes.
• Skilled in recording Bank Transactions.
• Expertise in managing Bank Guarantees (LG/BG).
• Competency in handling Bank Loans.
• Experience in processing Letters of Credit (LC).
• Ability to record Bank Charges and Fees accurately.
• Proficiency in performing Monthly Bank Reconciliations.
• Demonstrated ability to be highly organized with excellent attention to detail.

Work Details

This is a full-time position based in Riyadh, Saudi Arabia. The role requires 2-5 years of experience in accounting.

• Experience of no less than five years in the field of accounting.
• Proficiency in using accounting software.
• High accuracy in work and the ability to handle task pressure.
Job responsibilities
• Recording daily accounting entries.
• Disbursing advances and following up on their settlement.
• Inventory and preparing necessary adjustments.
• Recording invoices and expenses.
• Matching customer and supplier balances.
• Preparing periodic financial statements and reports.
• Preparing value-added tax returns.

Job Description Overview

We are an ambitious startup in the Food & Beverage (F&B) sector based in Riyadh. We are looking for a distinguished and accurate accountant with two years of experience to join our team, manage daily financial operations, and ensure the accuracy of records and compliance with financial regulations.



Key Tasks and Responsibilities

Accounting Entries: Record all daily financial transactions and ensure the general ledger is accurately updated.

Contract Management and Recording: Monitor and document all company contracts (suppliers, leases, services) to ensure adherence to deadlines and payments.

Tax Compliance (ZATCA): Prepare and manage Value Added Tax (VAT) returns and tax reports in accordance with the regulations in force in the Kingdom of Saudi Arabia.

Excel Proficiency: Use advanced spreadsheets for financial data entry, modeling, and tax reporting.

Financial Reporting: Assist in preparing monthly and annual financial statements.

Bank Reconciliations: Periodically monitor and reconcile bank statements and cash flows.



Requirements and Qualifications

Experience: Minimum of two years of professional experience in accounting (preferably with experience in the cafes and restaurants sector).

Technical Skills: High professionalism in using Microsoft Excel and the ability to accurately record entries manually.

Knowledge: Strong understanding of Saudi tax laws (VAT) and International Financial Reporting Standards (IFRS).

Education: Bachelor's degree in Accounting or Finance.

Language: Good communication skills in both Arabic and English.

Soft Skills: Extreme accuracy, ability to work in a fast-paced startup environment, and strong organizational skills.

About the Accountant Role

Awj Media Group is seeking a motivated and detail-oriented Accountant to join its team in Riyadh, Saudi Arabia. This full-time position is designed for an individual with 0-1 years of experience who will support the company's financial operations and ensure the accurate recording of financial transactions. The successful candidate will play a crucial role in maintaining financial records, preparing essential reports, and supporting day-to-day accounting activities while upholding company policies and accounting standards.

Key Responsibilities

• Record and maintain accurate financial transactions and accounting entries.
• Manage accounts payable and accounts receivable processes efficiently.
• Prepare bank reconciliations and assist with various account reconciliations.
• Support month-end and year-end closing activities to ensure timely financial reporting.
• Prepare financial reports and schedules as required by management.
• Maintain proper documentation and organized filing of all accounting records.
• Assist in budget tracking and monitor expenses to ensure financial control.
• Support internal and external audit requirements by providing necessary documentation and information.
• Ensure strict compliance with all accounting policies, procedures, and regulatory requirements.
• Collaborate effectively with different departments to ensure the accuracy and integrity of financial information.

Qualifications and Requirements

• Bachelor's degree in Accounting, Finance, or a related field.
• A minimum of 1 year of experience in Accounting or Finance.
• Good understanding of fundamental accounting principles and financial reporting practices.
• Proficiency in Microsoft Excel and experience with accounting software.
• Strong analytical and problem-solving skills to address financial discrepancies.
• High attention to detail and a commitment to accuracy in all tasks.
• Ability to manage multiple tasks simultaneously and meet strict deadlines.

Required Skills

• Proficiency in accounting principles and financial reporting.
• Strong command of Microsoft Excel and various accounting software.
• Excellent analytical and problem-solving abilities.
• Exceptional attention to detail and a focus on accuracy.
• Effective task management and the ability to meet deadlines consistently.
• Familiarity with ERP systems is advantageous.
• Knowledge of IFRS and general accounting standards.
• Strong communication and organizational skills.
• Ability to work effectively in a fast-paced environment.

Work Environment and Details

This is a full-time position based in Riyadh, Saudi Arabia. The role requires 0-1 years of experience, making it suitable for individuals early in their accounting careers.