The Role

The real estate company is hiring a Senior Accountant to support financial management across its property management portfolio in Saudi Arabia. The role covers the full accounting cycle for managed assets, including client accounting, invoicing, collections reporting, reconciliations, and statutory compliance. The position is based in Riyadh, with occasional travel to managed assets within the Kingdom.

Key Responsibilities

• Manage day-to-day accounting for assigned properties, including general ledger maintenance, journal entries, and month-end and year-end closing.
• Prepare and issue rent and service charge invoices in line with lease terms, ensuring compliance with ZATCA e-invoicing requirements.
• Monitor accounts receivable, maintain aged debt reports, allocate receipts, and flag arrears for escalation.
• Process accounts payable for property-related expenditure, verifying supplier invoices against contracts, purchase orders, and approved budgets.
• Perform bank, client account, and intercompany reconciliations, ensuring client monies are handled in line with trust accounting requirements.
• Support service charge accounting, including budget uploads, expenditure tracking, accruals, and year-end reconciliations for managed assets.
• Prepare monthly client financial reports, including income statements, variance analysis against budget, and cash flow summaries.
• Ensure compliance with VAT, withholding tax, and Zakat requirements.
• Support internal and external audits with documentation and analysis.

Skills & Experience

• Bachelor's degree in Accounting, Finance, or a closely related field.
• 4–6 years of accounting experience, ideally including real estate or property management experience in KSA or the GCC.
• Advanced proficiency in Microsoft Excel is required.
• Experience with ERP or property management systems such as Yardi, Oracle, or SAP is an advantage.
• Working knowledge of KSA VAT, ZATCA e-invoicing, and IFRS is required.
• Fluency in English, both spoken and written, is required; Arabic is highly preferred.
• Ability to liaise with landlords, property managers, auditors, and tenants on financial matters.
• Ability to interpret financial data, investigate variances, and present findings clearly.
• Ability to manage month-end close and multiple reporting cycles across a portfolio of assets.
• Valid driving licence and reliable transportation required.

About MENA Careers

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