Accountant
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About the Role
Position: Accountant Location: Jeddah, Saudi Arabia Employment Type: Full-Time Company Description Arena Fitness Innovation, also known as the Sports Academy Company for Specialized Training LLC, is a leading facility for fitness and martial arts, dedicated to providing personalized and innovative training experiences.
Key Skills for This Role
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Company Description
Arena Fitness Innovation, also known as the Sports Academy Company for Specialized Training LLC, is a leading facility for fitness and martial arts, dedicated to providing personalized and innovative training experiences.
Located in the heart of the region, the facility boasts state-of-the-art equipment, highly skilled trainers, and a holistic approach to health, focusing on physical and mental well-being.
Through its specialized programs like Arena Functional, Arena Defense, and Arena Heroes, Arena Fitness Innovation caters to fitness enthusiasts of all ages, including youth programs designed to foster personal growth and resilience.
Join us and be part of an empowered community dedicated to achieving optimal health and performance.
About the Role
We are looking for a detail-oriented Accountant to join our Finance team.
The successful candidate will be responsible for maintaining accurate financial records, managing daily accounting operations, ensuring compliance with VAT regulations, and supporting financial reporting and audit activities.
Requirements
- Bachelor’s degree in Accounting, Finance, or a related field (CA, ACCA, or MBA is a plus).
- Minimum 3 years of accounting experience.
- Strong knowledge of accounting principles and financial reporting.
- Proficiency in Microsoft Excel.
- Experience with ERP systems such as Odoo, QuickBooks, or similar.
- Good understanding of VAT regulations and compliance requirements.
- Strong analytical, organizational, and problem-solving skills.
- High attention to detail and accuracy.
Key Responsibilities
- Record and process financial transactions accurately, including Assets, Liabilities, Expenses, Equity, and Revenue.
- Maintain bookkeeping records and ensure proper accounting treatment of Prepaid Expenses, Accruals, Provisions, Deferred Revenue, and Earned Revenue.
- Manage accounts payable and accounts receivable.
- Perform daily bank reconciliations and monitor cash transactions.
- Process payments and conduct vendor reconciliations.
- Assist with monthly, quarterly, and annual financial closing activities.
- Support internal and external audits by preparing required documentation.
- Ensure accurate VAT recording and reporting.
- Prepare financial reports and support management with financial analysis.
- Maintain confidentiality and accuracy of financial records.
- Perform other accounting and finance-related duties as assigned.
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