Finance Executive/Accountant

Role Overview

Financial Accounting & Reporting

• Maintain accurate accounting records in accordance with IFRS and company policies.
• Prepare monthly management accounts, profit & loss statements, balance sheets, and cash flow reports.
• Conduct month-end and year-end closing activities.
• Reconcile bank accounts, customer accounts, supplier accounts, staff costing and general ledger balances.
• Assist external auditors and regulatory authorities during audits and inspections.

Accounts Receivable & Revenue Control

• Monitor customer credit limits and aging reports.
• Follow up on outstanding customer balances and overdue invoices.
• Verify freight, customs clearance, transportation, and ancillary service revenues.
• Ensure timely invoicing and collection of customer payments.

Accounts Payable

• Verify supplier invoices against supporting documentation.
• Process supplier payments in accordance with company approval procedures.
• Manage vendor account reconciliations and payment schedules.

Saudi Compliance & Taxation

• Prepare and submit VAT returns accurately and on time.
• Ensure compliance with ZATCA requirements and e-invoicing regulations.
• Maintain proper accounting records as required under Saudi regulations.
• Support compliance with GOSI, WPS, and other applicable statutory requirements.

Payroll, HR and Finance Support

• Process monthly payroll accurately and confidentially.
• Reconcile payroll journals and employee-related accruals.
• Verify employee leave balances, deductions, allowances, and final settlements.
• Ensure payroll processing complies with Saudi labor regulations and company policies.

Freight Forwarding and Operational Finance

• Review job files to ensure accurate revenue and cost recognition.
• Verify freight charges, customs duties, transportation costs, and operational expenses.
• Monitor shipment profitability and job costing.
• Liaise with operations and commercial teams regarding billing discrepancies and recoverable costs.

Cash Flow & Treasury

• Monitor daily cash positions and banking transactions.
• Prepare cash flow forecasts and working capital reports.
• Manage petty cash and banking relationships.

Mandatory Requirements

• Bachelor's Degree in Accounting, Finance, or a related field.
• Minimum 5 years of accounting/finance experience within a Freight Forwarding, Logistics, Shipping, or Customs Clearance company.
• Strong understanding of freight forwarding operational processes and job costing.
• Experience with VAT, ZATCA compliance, and Saudi financial regulations.
• Proficiency in accounting software and Microsoft Excel.
• Experience preparing management reports and financial statements.
• Strong analytical, organizational, and problem-solving skills.
• Excellent English communication skills (spoken and written).

Preferred Qualifications

• SOCPA, ACCA, CMA, CPA, or equivalent professional qualification.
• Previous experience working in Saudi Arabia.
• Experience with ERP systems used within logistics and freight forwarding organizations.
• Arabic language skills are advantageous.