Job Description

1. Financial Management & Reporting

Maintain and oversee accurate books of accounts in line with company policies and Saudi accounting standards. Prepare and review monthly, quarterly, and annual financial statements including profit & loss, balance sheet, and cash flow statements. Ensure timely month-end and year-end closing activities in coordination with internal teams and external auditors.
2.

Regulatory Compliance & Taxation

Ensure full compliance with

ZATCA (Zakat, Tax and Customs Authority)

requirements including

VAT filings

,

Withholding Tax

, and

Zakat

obligations. Oversee and manage

e-invoicing (Fatoora)

as per Phase 1 & Phase 2 guidelines, ensuring proper integration with accounting systems. Liaise with tax consultants and regulatory bodies for audits, clarifications, and dispute resolutions.
3.

Accounts Receivable & Payable

Monitor billing, invoicing, and collection processes ensuring accuracy and timeliness in receivables. Implement and enforce credit control policies to reduce overdue receivables and improve DSO. Ensure accurate processing and timely payment of vendor invoices while maintaining strong vendor relationships.
4.

Budgeting & Cost Control

Assist in preparing the annual budget and forecasts, and provide variance analysis with actionable insights. Review departmental and project-specific expenditures and recommend cost optimization measures. Monitor and report on shipment-level profitability and operational cost allocations.
5.

Cash Flow & Treasury Operations

Manage day-to-day banking activities, including fund transfers, bank reconciliations, and forex transactions. Ensure adequate cash flow for operations while optimizing utilization of credit facilities and working capital. Coordinate with banks for issuance of Letters of Credit (LCs), bank guarantees, and import/export transactions.
6.

ERP & Financial Systems

Oversee the integrity and effectiveness of accounting software Ensure integration between logistics, warehousing, and finance modules for real-time tracking and reporting. Identify areas for process automation and system enhancements to improve accuracy and efficiency.
7.

Team Leadership & Internal Controls

Supervise and guide the accounting team to ensure timely and accurate transaction recording. Establish and monitor robust internal controls to prevent errors and fraud. Support internal audits and ensure prompt implementation of audit recommendations.
8.

Logistics-Specific Accounting

Handle revenue and cost recognition for services such as air/ocean freight, customs clearance, warehousing, and inland transportation. Reconcile freight payable accounts with overseas agents and maintain proper records for cross-trade shipments. Ensure accurate treatment of intercompany transactions related to regional and global offices.
Job Types: Full-time, Permanent

Pay: ₹50,000.00 - ₹100,000.00 per month

Benefits:

Health insurance
Application Question(s):

Are you willing to work as per the KSA Calendar and timings
(11.00am to 8.00pm IST) Are you willing to travel to Saudi Arabia on a need basis

Experience:

Accounting: 7 years (Required)
Work Location: In person