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  • Job type

    Permanent
  • Location

    Jeddah, Saudi Arabia
  • Specialism

    Accountancy And Finance
  • Industry

    Manufacturing & Production
  • Pay

    Competitive monthly salary SAR

Chief Accountant - Jeddah - FMCG organisation

Your new company

Hays have partnered with a leading FMCG organisation in their search for a Chief Accountant.


Your new role

  • Financial Reporting – To carry out month-end closing activities and submit latest financial statements within 2 working days of the next month, and ensure the financial position of the company reflects true and accurate information.

  • Credit Control - Maintain customer's credit limit and period as per company policy to avoid any financial risks.

  • Collection - Follow-up overdue payments to minimise the bad debts and highlight any deviations in the collection target and update the management accordingly.

  • Payments to Vendors – To ensure timely payments to vendors as per agreed payment terms.

  • Expenses Control – To make sure expenses do not exceed the set budget or forecast and highlight any deviation for management to take corrective action.

  • Cash Flow – Prepare a monthly cash flow statement covering the actual year-to-date period and projected cash flow requirements for the coming 6 months.

  • Internal Control – Oversee the correctness of the financial transactions to ensure the company financial statements are produced as per company policies and international accounting standards.

  • Policies and Procedure – Implement company policy and procedure to ensure a high standard of discipline across the department.

  • Staff Development – Manage and develop the accounting team to improve the team capabilities, career progression and department efficiency.

  • E-invoicing – To ensure E-invoicing is in place and compatible & ready to connect with the ZATCA platform.

  • Zakat Return – Prepare a yearly ZAKAT schedule and review Zakat Return provided by the service provider before filing.

  • To work closely with the Zakat service provider to make sure that the Company has an up-to-date Zakat certificate and no enquiry is pending.

  • VAT Return - Prepare periodically VAT filling documents / return and upload VAT and incase Company engage service provider, then, coordinate with service provider to ensure timely submission of VAT return.

  • Annual Audited Accounts – Cooperation with external auditors to carry out annual audit activities and obtain audited accounts in English and Arabic and finish by mid-January every year.

    What you'll need to succeed
  • Bachelor's degree in Accounting

  • 2 + years in a management role
  • 2 plus years of Middle East experience
  • FMCG experience and multicultural experience

What you need to do now

If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV.


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