For a Multi-Subsidiary Business Group
Job Title: Staff Accountant
Department: Group Finance & Accounts
Reporting To: Group General Manager
Location: Jeddah
Job Summary
We are seeking an experienced and qualified Chartered Accountant to oversee the financial operations of a group of companies with multiple subsidiaries. The candidate will be responsible for consolidated financial reporting, intercompany transactions, budgeting, cash flow management, taxation, audits, and financial controls across all subsidiaries, ensuring compliance with applicable Saudi regulations and international accounting standards.
Key Responsibilities
- Manage accounting and financial operations across multiple subsidiaries and business units.
- Prepare consolidated financial statements and individual company financial reports.
- Handle intercompany transactions, reconciliations, and elimination entries.
- Monitor accounts payable, accounts receivable, general ledger, and bank reconciliations.
- Develop group budgets, cash flow forecasts, and financial performance reports.
- Monitor profitability, operating expenses, working capital, and financial risks for each subsidiary.
- Ensure compliance with applicable ZATCA requirements, including VAT, withholding tax, and other relevant tax obligations.
- Coordinate internal and external audits and ensure timely submission of financial statements.
- Implement standardized accounting procedures, internal controls, and financial policies across the group.
- Monitor cash positions and fund requirements across subsidiaries.
- Support management with financial analysis, cost optimization, investment evaluations, and strategic planning.
- Supervise finance and accounting teams and coordinate with banks, auditors, and regulatory authorities.
- Ensure accurate financial records and timely monthly, quarterly, and annual closing.
Qualifications & Experience
- Qualified Chartered Accountant (CA) from a recognized professional body.
- Minimum 5–8 years of relevant accounting and finance experience, preferably in a group of companies with multiple subsidiaries.
- Strong experience in consolidated accounts, intercompany accounting, budgeting, and financial reporting.
- Good knowledge of IFRS and Saudi tax and regulatory requirements.
- Proficiency in Microsoft Excel and ERP/accounting systems.
- Strong analytical, leadership, communication, and problem-solving skills.
Preferred Candidate
- Experience in trading, distribution, manufacturing, or diversified business groups.
- Ability to manage multiple company accounts and deadlines simultaneously.
- High standards of integrity, accuracy, confidentiality, and financial discipline.
Employment Type Full-time
Application:** Interested candidates may submit their CV along with details of their qualifications, experience, and current salary expectations.
[email protected]
0505450414