Chief Accountant

منذ 5 أيام

Riyadh, 01, المملكة العربية السعودية Digitus_Group دوام كامل
Digitus Group is seeking an experienced Chief Accountant to lead the accounting and financial operations of our KSA business. The role will be responsible for overseeing day-to-day financial operations, ensuring compliance with international accounting standards and applicable Saudi regulations, and delivering timely and accurate financial reporting. The ideal candidate will bring strong leadership, technical accounting expertise, and a proactive mindset, with the ability to lead the accounting function, strengthen financial controls, support financial planning, and provide meaningful financial insights to management.

Key Responsibilities
- Lead and oversee the day-to-day accounting and financial operations of the KSA business.
- Manage the full accounting cycle, including General Ledger, Accounts Payable, Accounts Receivable, fixed assets, accruals, provisions, and reconciliations.
- Lead month-end, quarter-end, and year-end closing activities, ensuring accuracy and timely completion.
- Prepare monthly financial statements, management reports, account analysis, and supporting schedules.
- Oversee project accounting, job costing, cost allocation, and project financial performance.
- Monitor project budgets, actual and committed costs, Work in Progress, unbilled revenue, retentions, and project profitability.
- Ensure accurate revenue recognition in accordance with IFRS and applicable contractual requirements.
- Review project billing, progress invoices, variations, receivables, collections, supplier payments, and subcontractor-related transactions.
- Support annual budgeting, forecasting, cost control, and variance analysis.
- Monitor cash requirements, working capital, receivables, and project cash flow in coordination with Group Finance.
- Ensure compliance with Saudi VAT, withholding tax, Zakat, ZATCA, e-invoicing, and other applicable statutory requirements.
- Maintain effective financial controls and ensure transactions are properly supported, approved, and recorded.
- Coordinate with internal and external auditors and ensure timely completion of audit requirements.
- Work closely with Projects, Operations, Commercial, Procurement, HR, and other departments on financial matters.
- Provide management with clear financial analysis on costs, collections, project performance, and key financial risks.
- Ensure effective use of ERP and accounting systems and identify opportunities to improve financial processes and reporting.
- Lead, guide, and develop the local accounting team.
- Act as the primary point of contact for accounting and financial matters within the KSA operation. Qualifications & Experience
- Bachelor’s degree in Accounting, Finance, or a related discipline .
- Minimum 8 years of progressive accounting and finance experience , including experience in a senior or supervisory accounting role.
- Proven experience leading or supervising an accounting team or accounting function.
- Strong experience within project-based, contracting, construction, EPC, MEP, ICT infrastructure, telecommunications, systems integration, or a similar operational environment .
- Strong knowledge of project accounting, job costing, Work in Progress, revenue recognition, project billing, retentions, and project profitability .
- Strong working knowledge of IFRS .
- Good knowledge of Saudi VAT, withholding tax, Zakat, ZATCA, and e-invoicing requirements .
- Strong experience in financial reporting, closing, budgeting, reconciliations, cost control, and financial analysis.
- Hands-on experience with ERP systems and advanced Microsoft Excel skills.
- Experience with Microsoft Dynamics 365 or a similar ERP platform is an advantage .
- Professional certification such as CMA, CPA, ACCA, SOCPA, or equivalent is preferred .
- Strong analytical, organizational, and problem-solving skills.
- Strong leadership, communication, and stakeholder-management capabilities.
- Ability to work independently and take ownership of the KSA accounting function.
- Professional proficiency in English and Arabic . What We Are Looking For We are looking for a hands-on accounting leader who combines strong technical capability with a solid understanding of project-based businesses. The successful candidate should be comfortable working closely with operational teams, maintaining strong financial controls, and providing management with accurate and practical financial insight to support business performance.