Accounting Manager

Position Overview

We are seeking a detail-oriented and proactive
Accounting Manager
to ensure the accuracy, efficiency, and compliance of our financial operations. This role plays a critical part in maintaining robust financial systems, guiding the accounting team, and supporting strategic decision-making across the organization. The ideal candidate will have deep expertise in accounting standards (IFRS), excellent leadership skills, and a passion for operational excellence.

Key Responsibilities

• ERP System Oversight:
  Ensure the ERP system operates effectively and accurately reflects real-time financial data.

• Policies & Procedures:
  Lead the development, implementation, and ongoing improvement of accounting policies and departmental procedures.

• Financial Compliance & Reporting:
  Oversee the preparation of comprehensive financial reports for construction projects, including cost reports, profit and loss statements, and cash flow projections. Prepare monthly, quarterly, and annual financial statements for senior management and stakeholders. Ensure financial reports comply with local regulations (SOCPA) and international standards (IFRS).

• Accounting Cycle Management:
  Oversee accounts payable, accounts receivable, general ledger, and inventory balances, ensuring timely reconciliations and financial integrity.

• Tax Management:
  Ensure full compliance with all tax filings over Zatka, including VAT, sales tax, payroll tax, stamp tax, and income tax, with a focus on timely and accurate submissions, Insure full awareness and updates of GCC tax regulations.

• Audit Coordination:
  Serve as the primary liaison with external auditors to facilitate the issuance of audited financial statements.

• Financial Analysis:
  Analyze financial reports to identify variances, recommend corrective actions, and support decision-making through data-driven insights.

• Process Optimization:
  Recommend and implement process improvements to increase efficiency, strengthen internal controls, and support sustainable growth.

• Team Leadership:
  Lead and mentor the finance team, ensuring high performance, accountability, and continuous professional development. Support team members in improving financial reporting skills, budgeting, and financial analysis capabilities.

• Asset Management:
  Oversee fixed asset tracking and ensure an up-to-date depreciation schedule is maintained.

• Stakeholder Reporting:
  Present financial data and analysis to senior management, providing actionable insights on project performance and financial outlook. Communicate with stakeholders and investors regarding project status, financial health, and forecasts.

Qualifications & Experience

• Bachelor's degree in accounting or finance; CPA or equivalent certification is preferred.
• 10 to 15 years of experience in accounting or financial management, with at least 5 years in a managerial role in KSA construction industry or a project-based environment.
• Deep knowledge of accounting principles and tax regulations .
• Proven track record of managing full accounting cycles, audits, and tax compliance.
• Strong analytical and problem-solving skills, with the ability to interpret complex financial data.
• Advanced proficiency in Microsoft Office and financial systems.
• Excellent communication skills in both English and Arabic.
• Demonstrated leadership abilities with experience managing and developing teams.
• A proactive mindset with the flexibility to adapt to changing priorities and regulations.

About EDECS:

EDECS is a leading organization with 30 years of experience in marine constructions, infrastructure, earthworks, and transportation projects in Egypt and Saudi Arabia, employing more than 2,000 employees. The organization provides innovative, sustainable, and cost-effective solutions for a wide range of projects, delivering excellence and meeting the highest standards of quality, safety, and sustainability.

The organization has a strong presence in logistics projects, including high-speed and light-speed railways, railway stations, and commercial and administrative buildings. The organization also has extensive experience in earthworks, water irrigation, and yacht marinas. EDECS is a trusted partner for employers seeking to make a positive impact on the communities they serve.