Senior Accountant
📣 Job Ad| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Riyadh |
Job Description
About the Role
Savills, a global real estate leader with 700 offices and over 40,000 employees, is seeking a Senior Accountant to join its growing Property Management platform in Riyadh, Saudi Arabia. This full-time role requires 4-6 years of experience and focuses on supporting the financial management of the company's property management portfolio in the region. The Senior Accountant will manage the full accounting cycle for managed assets, ensuring accurate and timely financial information for landlords and compliance with ZATCA requirements, IFRS, and Savills accounting policies.
Key Responsibilities
- Manage day-to-day accounting for assigned properties, including general ledger maintenance, journal entries, and month-end and year-end closing processes.
- Prepare and issue rent and service charge invoices in accordance with lease terms and ZATCA e-invoicing requirements.
- Monitor accounts receivable, maintain aged debt reports, allocate receipts, and flag arrears for escalation to support collections.
- Process accounts payable for property-related expenditures, verifying supplier invoices against contracts, purchase orders, and approved budgets.
- Perform bank, client account, and intercompany reconciliations, ensuring client monies are handled in line with trust accounting requirements.
- Support service charge accounting, including budget uploads, expenditure tracking, accruals, and year-end reconciliations for managed assets.
- Prepare monthly client financial reports, including income statements, variance analysis against budget, and cash flow summaries.
- Ensure compliance with VAT, withholding tax, and Zakat requirements, and provide documentation and analysis for internal and external audits.
Required Skills and Experience
- Client-focused: Ability to liaise effectively with landlords, property managers, auditors, and tenants on financial matters.
- Analytical mindset: Capable of interpreting financial data, investigating variances, and presenting findings clearly.
- Highly accurate: Maintains rigorous attention to detail across reconciliations, reporting, and documentation.
- Problem solver: Able to resolve invoicing, reconciliation, and reporting discrepancies through to closure.
- Strong communicator: Capable of explaining financial information clearly to non-financial stakeholders.
- Deadline-driven: Ability to manage month-end close and multiple reporting cycles across a portfolio of assets.
- Team player: Works closely with property management, leasing, and FM teams while taking ownership of assigned entities.
Work Environment and Requirements
This role is based in Riyadh, Saudi Arabia, and may require occasional travel to managed assets within the Kingdom. Candidates must possess a valid driving license and reliable transportation.
Requirements
- Requires 2-5 Years experience
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