Accounting Specialist

Client of AreebHR

Posted 30+ days ago

Experience

1 - 3 Years

Job Location

Riyadh - Saudi Arabia

Education

Bachelor of Commerce(Commerce)

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

Job Summary :


The Accounting Specialist plays a critical role in
managing and reconciling all sales-related financial transactions and ensuring
accurate cash handling procedures. This position is responsible for recording
sales revenue, managing cash receipts and disbursements, performing daily
reconciliations, and contributing to the overall financial integrity of the
company, with a particular focus on revenue streams and liquid assets.


Responsibilities :

  • Lead and manage the accounting operations related to sales and cash management.
  • Accurately record daily sales transactions, discounts, and returns in the accounting system.
  • Perform daily, weekly, and monthly reconciliations for sales, cash, and bank accounts.
  • Oversee cash handling procedures and ensure compliance with company policies.
  • Prepare financial reports on sales performance and cash balances for management.
  • Collaborate with sales, operations, and suppliers to resolve discrepancies.
  • Ensure compliance with IFRS standards and local tax regulations (VAT).
  • Support month-end and year-end closing activities.
  • Leadership Provide guidance and support to team members in accounting-related tasks.
  • Foster a culture of accuracy, integrity, and accountability within the finance team.
  • Identify opportunities for process improvement and implement efficient solutions.
  • Collaborate cross-functionally to enhance communication and workflow between departments.


Requirements
  • Bachelor s degree in Accounting, Finance, or a related field.
  • Experience: 2 4 years of experience in accounting, with a strong focus on sales accounting and cash management (experience in hospitality or F&B is preferred).
  • Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks, Xero).
  • Strong knowledge of POS systems and experience in data extraction and reconciliation.
  • Advanced Microsoft Excel skills (Pivot Tables, VLOOKUP, etc.).
  • Familiarity with IFRS standards and local tax regulations (VAT).


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Company Industry

Department / Functional Area

Keywords

  • Accounting Specialist

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