Chief Accountant Position at Jad Executive in Eastern Province, KSA

Jad Executive is currently recruiting for a Chief Accountant position to be based in the Dammam/Khobar area of the Eastern Province, Saudi Arabia. This opening presents a significant career opportunity for seasoned accounting professionals seeking to take on a leadership role within a dynamic work environment and assume critical responsibilities in the financial sector.

Job Description and Key Responsibilities

The Chief Accountant will hold a pivotal role within the company's financial structure, responsible for leading and overseeing all accounting and finance activities. The core responsibilities associated with this senior position are expected to include:

• Full Oversight of the Accounting Cycle: Supervising the accurate and timely preparation of periodic financial statements (Balance Sheet, Income Statement, Cash Flow Statement).
• Compliance and Control: Ensuring all financial and accounting operations comply with local Saudi regulations (such as ZATCA - Zakat, Tax and Customs Authority) as well as International Financial Reporting Standards (IFRS) or Saudi Organization for Certified Public Accountants (SOCPA) standards.
• Audit Management: Coordinating with external auditors to facilitate the annual audit process smoothly and preparing responses to audit queries.
• Team Leadership: Leading, guiding, and developing the accounting team, delegating tasks, and fostering a productive work environment.
• Budgeting and Forecasting: Contributing to the operational budgeting and financial forecasting processes, and monitoring performance against financial targets.
• Cash Flow Management: Monitoring cash inflows and outflows and ensuring sufficient liquidity for operational obligations.
• Process Improvement: Proposing and implementing enhancements to accounting systems, policies, and procedures to increase efficiency and accuracy.

Essential Qualifications and Requirements

To be considered for this leadership role, candidates must meet the following criteria:

• Educational Background: A Bachelor's degree in Accounting or Finance. A relevant professional certification (such as CMA, CPA, ACCA) is a significant competitive advantage and highly desirable.
• Work Experience: Proven professional experience of 7 to 10 years in accounting and finance, with at least 3 years in a similar leadership role (Chief Accountant or Accounting Manager).
• Technical Knowledge: Deep proficiency in accounting software and financial systems (e.g., SAP, Oracle, Microsoft Dynamics) and advanced spreadsheet skills (Excel).
• Regulatory Knowledge: Strong understanding of applicable tax laws and accounting regulations in the Kingdom of Saudi Arabia.
• Soft Skills: Excellent leadership and managerial abilities, effective communication skills across all management levels, high accuracy and attention to detail, and the capacity to work under pressure and meet challenges.
• Language: Fluency in both English and Arabic, written and spoken.

Benefits and Compensation

While specific details of the compensation package are not disclosed in the initial posting, senior-level positions like this at firms such as Jad Executive typically come with a competitive benefits package that may include:

• A attractive monthly salary commensurate with experience and qualifications.
• Comprehensive medical insurance for the employee and family.
• Annual leave entitlement.
• Annual flight tickets.
• A stimulating work environment that provides opportunities for professional growth and career advancement.

How to Apply for This Position

Applications for this role are being accepted directly through the prominent professional platform Naukrigulf. Please search for the job listing titled "Chief Accountant jobs in Jad Executive in Dammam/Khobar/Eastern Province" on the Naukrigulf website or mobile app. Ensure your Curriculum Vitae (CV) is updated to highlight your relevant experience and qualifications for the role, and attach a concise Cover Letter outlining your motivation for applying and the value you can bring to the company.

Given the competitive nature of such leadership roles, interested candidates are advised to apply at their earliest convenience after confirming they meet all the stated requirements.