Senior Accountant
Role Overview
The Senior Accountant reports to the CFO and leads the accounting department at Dhuruma O&M Company Ltd.
The role handles plant accounting and reporting in accordance with utility practice, IFRS, SOCPA standards, legal and tax rules, contracts, and other requirements.
The role is based at Dhuruma power plant (PP11), stated as 125 km west of Riyadh.
Key Skills for This Role
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Role and purpose
The Senior Accountant reports to the CFO and leads the accounting department at Dhuruma O&M Company Ltd.
The role handles plant accounting and reporting in accordance with utility practice, IFRS, SOCPA standards, legal and tax rules, contracts, and other requirements.
The role is based at Dhuruma power plant (PP11), stated as 125 km west of Riyadh.
Accounting and financial responsibilities
- Perform daily plant accounting and coordinate related accounting activities.
- Execute monthly financial close and prepare management schedules, close reports, variance reports, and shareholder reporting.
- Assist with tax returns and coordinate with tax authorities and consultants on queries, responses, and audits.
- Coordinate the payment cycle with Finance, Procurement, and other departments.
- Maintain accurate Arabic accounting records in SAP as required by local law.
- Liaise with government officials, banks, tax advisors, owners, counterparties, contractors, suppliers, and vendors on financial matters.
- Support standardization of accounting policies, procedures, and internal controls; assist with SAP HANA ERP implementation and migration.
- Monitor the finance budget, assist with long-term business planning, and help organize the annual financial audit.
- Report KPIs and objectives, coordinate with operational departments, and support the company business plan.
- Set accounting department objectives, deliver targets, execute company strategy, and operate within approved budget limits.
Qualifications and experience
- University degree in accounting; additional qualifications such as ACCA or CMA are preferred.
- At least five years of accounting experience, preferably at a large combined-cycle power plant.
- Knowledge of IFRS and SOCPA accounting standards as applied to the IPP business in KSA.
- Knowledge or experience with SAP HANA, KSA tax laws, financial closing, and reporting.
- Knowledge of SAP and MS Office; excellent written and spoken English is required, while Arabic is an advantage.
- Familiarity with KSA or Middle East working practices and customs; multicultural experience is preferred.
- Delegation, communication, independent prioritization, cross-functional collaboration, and ability to empower staff are required.
- The description lists Saudi National as a qualification.
Work setting and safety
- The position is based at Dhuruma power plant, a combined-cycle power facility with 1,729 MW capacity and a 20-year PPA.
- The job holder works in a controlled hazardous environment and may perform inspections and site visits.
- Listed work-related risks include traffic or automobile accidents, ergonomic issues, and accidents; listed PPE includes a hard hat, ear protection, safety glasses, safety shoes, and dust mask.
- The job description includes recommended medical examinations and health-protection equipment.
Company and working relationships
Dhuruma O&M Company Ltd operates the facility under an O&M agreement for Dhuruma Electricity Company; its shareholders are Kahrabel FZE and Aljomaih Energy & Water Company Limited.
Internal contacts include the General Manager and Finance, Operations, Maintenance, Administration, HR, and HSE teams.
External contacts include the plant owner, service contractors, Saudi Electricity Company, Saudi authorities, and contractual counterparties.
General and cybersecurity responsibilities
Protect company and entrusted assets, confidential information, and personal data; use strong passwords and follow company cybersecurity procedures.
Adhere to company policies and procedures, act responsibly, live company values, and undertake reasonable additional duties.
Support quality, health, safety, and environmental policies and standards.
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