Senior Accountant – Contracting & Fit-Out Industry
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Key skills for this role
About the Role
Euro Systems is seeking a Senior Accountant with 5+ years of experience in contracting or fit-out industry to manage accounting operations, financial reporting, and compliance. The role requires expertise in Letters of Credit, contract accounting, and VAT returns.
Key Skills for This Role
Responsibilities
- Manage full spectrum of accounting operations including General Ledger, AP, AR, and Bank Reconciliation.
- Prepare monthly, quarterly, and annual financial statements and management reports.
- Monitor project costs, job costing, and budget utilization for contracting and fit out projects.
- Handle contract accounting, including revenue recognition and project related financial transactions.
- Manage and monitor Letters of Credit, bank guarantees, and other trade finance activities.
- Prepare VAT returns and ensure compliance with Saudi tax and regulatory requirements.
- Coordinate with external auditors and support internal and statutory audit activities.
Requirements
- Bachelor's Degree in Accounting, Finance, or related discipline
- Minimum 5 years of experience as Senior Accountant in Contracting, Construction, or Fit Out industry
- Strong knowledge of project accounting and cost control
- Hands on experience with Letters of Credit, contract accounting, and banking transactions
- Experience preparing VAT returns and statutory financial reports
- Proficiency in ERP systems and Microsoft Excel
- Strong understanding of IFRS and financial reporting standards
Full Job Posting
Job Summary
- We are seeking a highly experienced and detail oriented Senior Accountant to join our Riyadh operations.
- The ideal candidate will have a strong accounting background within the contracting, construction, or fit out industry.
- Experience in Letters of Credit (LCs), contract accounting, and auditing is highly preferred.
Key Responsibilities
- Manage the full spectrum of accounting operations, including General Ledger, Accounts Payable, Accounts Receivable, and Bank Reconciliation.
- Prepare monthly, quarterly, and annual financial statements and management reports.
- Maintain accurate accounting records in accordance with company policies and accounting standards.
- Monitor project costs, job costing, and budget utilization for contracting and fit out projects.
- Handle contract accounting, including revenue recognition and project related financial transactions.
- Manage and monitor Letters of Credit (LCs), bank guarantees, and other trade finance activities.
- Prepare VAT returns and ensure compliance with Saudi tax and regulatory requirements.
- Coordinate with external auditors and support internal and statutory audit activities.
- Analyze financial data and provide recommendations to improve financial performance and cost control.
- Ensure timely month end and year end closing activities.
- Maintain strong internal controls and ensure compliance with company financial policies.
- Support management with budgeting, forecasting, and financial planning activities.
Requirements
- Bachelor's Degree in Accounting, Finance, or a related discipline.
- Minimum 5 years of experience as a Senior Accountant within the Contracting, Construction, or Fit Out industry.
- Strong knowledge of project accounting and cost control.
- Hands on experience with Letters of Credit (LCs), contract accounting, and banking transactions.
- Previous auditing experience or experience working with audit firms will be an advantage.
- Strong understanding of IFRS and financial reporting standards.
- Experience preparing VAT returns and statutory financial reports.
- Proficiency in ERP systems and Microsoft Excel.
- Excellent analytical, organizational, and problem solving skills.
- Ability to work independently with minimal supervision.
- Strong communication skills in English; Arabic is an added advantage.
Preferred Qualifications
- Professional certification such as CPA, ACCA, CMA, or SOCPA is an advantage.
- Experience working in Saudi Arabia or the GCC.
- Previous experience in external or internal auditing.
- Immediate joiners will be given preference.
Pay
- SAR 7,000 SAR 10,000 per month
Work Location
- In person
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