Accounting Jobs in Saudi Arabia

• Monitoring project budgets to ensure financial efficiency.
• Analyzing cost variances and preparing detailed cost reports.
• Providing critical support and insights to project management teams to enhance decision-making.

• Strong knowledge of cost control principles and techniques.
• Proficiency in budget management and cost analysis.
• Experience in preparing accurate cost reports and forecasts.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal capabilities.
• Bachelor's degree in Engineering.
• Certification in Cost Engineering is a plus.
• 10 to 15 years of relevant experience, preferably in fabrication and installation projects.
• Current residency in Saudi Arabia is preferred.

• Manage procurement and contract activities including selecting reliable sources of supply.
• Prepare and approve purchase orders and oversee contract supervision.
• Implement comprehensive procurement procedures for the team.
• Prepare procurement plans and budget cost estimates for key equipment and materials.
• Evaluate vendor bids and make recommendations for award.
• Monitor suppliers' performance and manage contract compliance.
• Conduct procurement group audits and review purchase orders and contracts.
• Ensure quality assurance practices and compliance with safety procedures.

• Bachelor's degree or Diploma.
• A minimum of 15 years of experience in procurement, with at least 10 years in the oil & gas or petrochemical industry.
• 5 years of experience as a contract specialist in the oil & gas industry.

• Develop and implement cost control strategies and procedures.
• Monitor and analyze financial data for cost-saving opportunities.
• Prepare and present financial reports, budget forecasts, and variance analysis.
• Coordinate with project managers to track and control project costs.
• Review and approve purchase orders, invoices, and expense reports.
• Conduct regular audits of financial records.
• Train and mentor cost control staff.
• Collaborate on cost reduction initiatives.
• Stay updated on industry trends and best practices.
• Provide guidance to the finance team on cost control matters.

• Bachelor/Master Degree in Accounting or Engineering from an accredited university.
• Minimum 15 years of experience in cost control on major initiatives.
• Extensive knowledge of project costs management.
• Ability to negotiate with stakeholders for project costs.
• Fluent in Arabic and English with excellent communication skills.

• Enforce company policy and legal best practices regarding suppliers.
• Monitor and analyze trends in spending and inventory control.
• Negotiate terms with suppliers to secure optimal pricing and conditions.
• Develop strategies to motivate vendors for superior service.
• Evaluate potential suppliers and manage vendor relationships.
• Ensure timely procurement processes and maintain accurate purchasing records.

• 10 to 15 years of procurement experience, including leadership roles.
• Strong negotiation skills and experience in fit-out construction or joinery.
• Excellent verbal and written English communication skills.
• Proficiency in Excel, Word, and procurement software.

• Assist in negotiating contracts for food and beverages, linens, and equipment, achieving cost savings on assigned categories.
• Collaborate with business units to understand procurement requirements and translate them into actionable sourcing plans.
• Ensure compliance with all local and corporate policies, rules, internal controls and procedures related to the Purchasing Department.
• Manage purchase orders and expedite deliveries, maintaining on-time delivery and resolving shipment issues within 24 hours.
• Manage supplier relationships, ensuring performance meets agreed KPIs and SLAs, and drive continuous improvement initiatives.
• Monitor PAR levels for all food items to ensure proper levels; refuse acceptance of damaged, unacceptable, or incorrect items.
• Prepare weekly spend reports, highlighting cost trends and savings opportunities for leadership.
• Identify and address risks in the supply chain, implementing mitigation strategies.
• Maintain records for carbon footprint reduction aligned with company ESG goals.
• Train junior staff on procurement workflows.
• Partner with Finance and Operations to align purchase requests with budget limits.

• Bachelor’s degree in Supply Chain Management, Business Administration, or related field.
• 2+ years of procurement experience, preferably in luxury hospitality, retail, or manufacturing.
• Proficiency in ERP systems (SAP, BirchStreet), MS Excel (PivotTables, VLOOKUP), and e-procurement tools.

• Exciting opportunities for personal and professional development at all levels.
• Competitive compensation package.
• Access to exclusive perks, complimentary nights, and benefits within Red Sea Global Hospitality.
• Health Insurance coverage whilst in service.
• A supportive and inclusive work environment that values diversity and collaboration.
• Employee Recognition Programmes.
• Daily meals on duty and uniform dry-cleaning services.
• Year-round events of social, wellness programs, charity drives, and sports activities.

• Assist in negotiating contracts for food and beverages, linens, and equipment, achieving cost savings on assigned categories.
• Collaborate with business units to understand procurement requirements and translate them into actionable sourcing plans.
• Ensure compliance with all local and corporate policies, rules, internal controls and procedures related to the Purchasing Department.
• Manage purchase orders and expedite deliveries, maintaining on-time delivery and resolving shipment issues within 24 hours.
• Manage supplier relationships, ensuring performance meets agreed KPIs and SLAs, and drive continuous improvement initiatives.
• Monitor PAR levels for all food items to ensure proper levels; refuse acceptance of damaged, unacceptable, or incorrect items.
• Prepare weekly spend reports, highlighting cost trends and savings opportunities for leadership.
• Identify and address risks in the supply chain, implementing mitigation strategies.
• Maintain records for carbon footprint reduction aligned with company ESG goals.
• Train junior staff on procurement workflows.
• Partner with Finance and Operations to align purchase requests with budget limits.

• Bachelor’s degree in Supply Chain Management, Business Administration, or related field.
• 2+ years of procurement experience, preferably in luxury hospitality, retail, or manufacturing.
• Proficiency in ERP systems (SAP, BirchStreet), MS Excel (PivotTables, VLOOKUP), and e-procurement tools.

• Exciting opportunities for personal and professional development at all levels.
• Competitive compensation package.
• Access to exclusive perks, complimentary nights, and benefits within Red Sea Global Hospitality.
• Health Insurance coverage whilst in service.
• A supportive and inclusive work environment that values diversity and collaboration.
• Employee Recognition Programmes.
• Daily meals on duty and uniform dry-cleaning services.
• Year-round events of social, wellness programs, charity drives, and sports activities.

We are seeking a detail-oriented General Accountant to join our finance team, responsible for maintaining accurate financial records, preparing reports, and ensuring compliance with accounting principles and regulatory requirements. The ideal candidate will have a Bachelor's degree in Accounting or Finance, along with 35 years of experience in general accounting and proficiency in accounting software.

Key responsibilities include:
• Preparing and posting journal entries, reconciling accounts, and maintaining the general ledger
• Processing accounts payable and receivable, including vendor payments and customer invoicing
• Assisting with month-end and year-end closing procedures
• Creating financial statements and reports for management review
• Participating in audit preparations and working with external auditors
• Managing fixed assets and depreciation schedules
• Analyzing financial data and identifying trends or discrepancies
• Supporting budget preparation and forecasting activities
• Ensuring compliance with accounting policies and procedures

• Oversee the procurement process for various materials and tools.
• Build and maintain relationships with suppliers and vendors throughout the Gulf region.
• Negotiate contracts to secure optimal pricing and terms.
• Monitor market trends and supplier performance to guarantee quality and efficiency.
• Collaborate with internal teams to understand project needs.
• Ensure adherence to company procurement policies and procedures.
• Prepare procurement reports and forecasts for senior management.
• Contribute to the development and implementation of procurement strategies aligned with business objectives.

• Bachelor's degree in Business, Supply Chain Management, or a related field.
• 35 years of procurement experience, preferably in construction or hardware.
• Strong negotiation and communication skills.
• Proficient in Microsoft Office and procurement software.
• In-depth knowledge of Gulf market dynamics.
• Able to thrive in a fast-paced, multicultural workplace.

• Analytical and problem-solving abilities.
• Excellent project and priority management skills.
• Detail-oriented and well-organized.

• Handle cash investments and ensure funds availability.
• Manage daily treasury operations to meet financial obligations.
• Oversee borrowings, debt management, and cash allocation.
• Manage banking activities for smooth operations.
• Negotiate favorable interest rates on deposits.
• Assess investment opportunities to enhance ROI.
• Develop strategies to mitigate financial risks.
• Prepare and present financial reports to senior leadership.

• Bachelor’s degree in Finance or related field.
• Preferred: Master’s degree in a relevant field.

• Estimate and establish cost parameters and budgets for purchases.
• Create and maintain relationships with vendors/suppliers.
• Make professional decisions in a fast-paced environment.
• Maintain records of purchases, pricing, and other important data.
• Review and analyze all vendors/suppliers, supply, and price options.
• Negotiate pricing and supply contracts.

• 03 years of experience in procurement.
• Bachelor's degree in Supply Chain, Business, Engineering, or equivalent experience.
• Proficient in Microsoft Office Suite (Word and Excel).
• Understanding of cost analysis principles.
• Excellent communication and organizational skills.

• Experience with Microsoft Dynamics 365 is a plus.

• Oversee daily operations for the procurement activities ensuring compliance with client objectives.
• Manage vendor selection, negotiation, and contract awards.
• Coordinates procurement with all stakeholders and ensure alignment with the Local Content policy.
• Implement best practices and identify opportunities for improvement.
• Engage with local and international vendors to secure participation in Requests for Proposals.

• Graduate degree required; post-graduate preferred.
• 10 years of relevant experience including managerial experience.
• Prior experience in Saudi Arabia and familiarity with PIF Development Companies.
• Expertise in Procurement and knowledge of industry regulations.
• Fluency in English with excellent communication skills.

• Procurement Execution:
  Implement procurement plans to optimize the acquisition process. Execute the end-to-end procurement process and manage purchase orders and timely delivery.
• Vendor Collaboration:
  Cultivate and maintain strong relationships with vendors, ensuring adherence to negotiated terms and agreements. Liaise with suppliers to ensure adherence to contracts and service levels. Maintain vendor records and communication logs.
• Sourcing Support:
  Conduct basic supplier research and assist in identifying qualified vendors for assigned categories. Provide input and support in strategic sourcing initiatives. Sourcing for regional vendors to cut down lead times and ensuring deliveries of goods or services.
• Compliance and Risk Mitigation:
  Ensure procurement activities align with relevant regulations and internal policies. Collaborate with relevant teams to identify and mitigate risks associated with the procurement process. Ensure procurement practices meet internal policies and external regulations.
• Cross-functional Collaboration:
  Support internal stakeholders in demand planning for forecasted purchases. Collaborate with other departments for procurement needs, aligning with planning and operational requirements.
• Reporting and Analysis:
  Generate reports on procurement metrics, cost savings, and vendor performance. Assist in identifying trends and opportunities for improvement.

• Procurement Knowledge
• Negotiation Skills
• Vendor Management
• Analytical Skills
• Communication Skills
• Collaboration
• Problem-Solving
• Attention to Details
• Ethical Conduct
• Continuous Learning

• Internal and external coordination: Work closely with vendors, clients, and engineers to ensure timely delivery of documents, materials, and equipment.
• Order Expediting: Monitor and expedite purchase orders to ensure they are delivered on time.
• Documentation Management: Ensure all procurement documentation is complete, accurate, and up to date.
• Progress Reporting: Provide regular updates on the status of material requisitions and deliveries.
• Issue Resolution: Address and resolve any issues that may cause delays in the procurement process.
• Compliance: Ensure all procurement activities comply with company policies and industry standards.

• Educational Background: Bachelor’s degree in engineering (Chemical, Mechanical, Electrical, or Instrumentation) or a related field.
• Experience: 1015 years of experience in procurement and expediting within the oil/gas/petrochemical industry, with at least 5 years in the Gulf region.
• Skills: Strong understanding of procurement workflows, excellent communication and negotiation skills, proficiency in Microsoft Office and other relevant software.
• Personal Attributes: Detail-oriented, proactive, and able to work under pressure to meet tight deadlines.