Accountant

Description

Job Title: Accountant – Facilities ManagementLocation: Riyadh, Kingdom of Saudi ArabiaCompany - SBU of Abunayyan Holding CompanyIndustry: Integrated Facility ManagementRole PurposeThe Accountant is responsible for managing day-to-day financial operations within the Facilities Management (FM) function, ensuring accurate accounting, compliance with regulatory requirements, and timely financial reporting. The role supports business decision-making through financial analysis, budgeting, and performance monitoring across FM contracts and operations.Key Responsibilities1. Financial Accounting & OperationsMaintain accurate and up-to-date accounting records in accordance with company policies and applicable standards.Manage accounts payable (AP) and accounts receivable (AR) processes.Perform general ledger (GL) entries, reconciliations, and month-end closing activities.Monitor cash flow, expenses, and financial transactions.Ensure timely invoicing and collection in coordination with operations teams.2. Reporting & Financial AnalysisPrepare monthly, quarterly, and annual financial reports.Conduct variance analysis, cost analysis, and profitability assessment for FM contracts.Support management with budgeting, forecasting, and financial planning.Provide insights on cost optimization and operational efficiency.3. FM Contract Financial ManagementTrack and manage financial performance of FM contracts (Hard FM / Soft FM).Monitor revenue recognition, billing cycles, and contract profitability.Ensure alignment between operational activities and financial reporting.Coordinate with operations and project teams for accurate cost allocation.4. Compliance & ControlsEnsure compliance with Saudi regulations, tax laws, and company financial policies.Support VAT (ZATCA) compliance, filings, and reporting.Maintain proper documentation for audits and regulatory requirements.Assist in internal and external audits.5. Systems & Process ManagementUtilize ERP systems (e.g., SAP, Oracle) for financial transactions and reporting.Maintain accurate financial data and records within accounting systems.Support process improvements and automation initiatives in finance operations.6. Coordination & Stakeholder ManagementCollaborate with operations, procurement, and project teams for financial alignment.Coordinate with vendors, clients, and internal stakeholders on financial matters.Support management with ad-hoc financial analysis and reporting requests.Qualifications & ExperienceBachelor’s Degree in Accounting, Finance, or related field.Minimum 5+ years of relevant experience in accounting, preferably within:Facilities ManagementConstruction / EngineeringProperty ManagementExperience in Saudi Arabia or GCC preferred.Knowledge of FM contract accounting and project-based finance is an advantage.Technical SkillsStrong knowledge of:Financial accounting principles (IFRS preferred)AP, AR, GL, and financial reportingExperience with:ERP systems (SAP, Oracle, etc.)Advanced MS Excel (reporting, analysis, pivot tables)Familiarity with VAT (ZATCA) regulationsFinancial analysis and budgeting skillsCore CompetenciesStrong analytical and problem-solving skillsAttention to detail and accuracyFinancial planning and reporting capabilityTime management and ability to meet deadlinesCommunication and stakeholder coordinationIntegrity and confidentialityPreferred Certifications (Optional)SOCPA membership or eligibilityCPA / ACCA / CMA (preferred)Advanced Excel / Financial Modeling certifications