Chief Accountant

Industry: Consciousness and Self-Improvement

Location: Riyadh

Job Type: Full-Time

About Us: is a Saudi company based in Riyadh, pioneering in the consciousness and self-improvement space. We develop innovative ventures such as sumaya369.net, and the Lax app on the iOS store. Our mission is to empower individuals through self-development tools and resources, enabling them to achieve their fullest potential. We aim to serve the local and global community by promoting individual development and enhancing the quality of life through creating digital knowledge content, offering consultations, and developing applications and films by leveraging human and technical resources.

Overview

The Chief Accountant is responsible for overseeing the daily operations of the accounting department, ensuring the accuracy of financial records, compliance with accounting standards, and timely preparation of financial statements. This role plays a key part in supporting the company's financial health and decision-making processes.

Responsibilities

• Supervise and manage the accounting team.
• Prepare detailed month-end reports, including profit and loss statements, balance sheets, and cash flow statements, and annual financial reports.
• Ensure accurate and timely closing of accounts.
• Strong knowledge Financial Reporting Standards (IFRS).
• Review and approve journal entries, reconciliations, and payroll.
• Monitor and analyze accounting data and produce financial reports or statements.
• Ensure compliance with local accounting laws and internal policies.
• Coordinate and support external audits.
• Improve accounting processes and internal controls.
• Assist in budgeting and forecasting processes.
• Liaise with other departments regarding financial matters.
• Prepare and file VAT, withholding tax, and Zakat/Corporate Income Tax returns in compliance with local regulations.

Qualifications

• Experience: Minimum 5 years of experience in accounting.
• Education: Bachelor's degree in accounting, Finance, or related field (CPA/ SOCPA is a plus).
• Mandatory requirement: Proven experience in the role of Chief Accountant, with a solid background in managing accounting operations, preparing financial statements, ensuring compliance with relevant standards and regulations, and leading the accounting team effectively.

Skills

• Strong knowledge of accounting principles and financial reporting.
• High attention to detail and strong analytical skills.
• Strong leadership and communication abilities.
• Proficiency in English and Arabic.