Accounting Manager

We are hiring Accounting Manager – Al Khobar, KSA

Alfa Laval is looking for Accounting Manager – Al Khobar, KSA Managing and developing financial accounting function and assume a leadership role within the organization to make sure all financial accounting, cost accounting and reporting activities are performed according to the company's reporting protocols and procedures.

• Managing and developing financial accounting function and assume a leadership role within the organization to make sure all financial accounting, cost accounting and reporting activities are performed according to the company's reporting protocols and procedures.
• Full ownership of AL Arabia and AL RHQ financial statements.
• Internal control is responsible for all finance related processes.
• Responsible for ensuring that reporting and accounting systems comply with local laws, IFRS, ALMEA and Group Policies

In this job the Accounting Manager will be responsible for:

• Responsible for driving adoption of strategic direction and ensuring implementation of the same within the Finance Department.
• Responsible for statutory and group accounting, book closing, reporting on monthly basis for all KSA entities ensuring data quality, compliance and timeliness.
• Preparation of financial reports, such as income statements, balance sheets, analyze deviations.
• Oversee the investment of funds, manage associated risks, supervise cash management activities.
• Disbursement and Accounting for Payroll, Bonus, Leave & EOSB and coordination with local and regional HR to comply with the local labour laws.
• Establish & monitor the implementation and maintenance of accounting control procedures ensuring compliance with statutory & group rules
• Responsible for Forecasting of Costs and Financial affairs of the companies.
• Responsible for cash flow management and management of associated risks.
• Responsible for upholding procedures for custody and control of assets, records, loan collateral, and securities, to ensure safekeeping.
• Coordinate risk and insurance programs of establishments to control risks and losses.
• Keep the ALMEA management up to date with new applicable legal requirements, rules and regulations in time and propose adequate action.
• Liaise and coordinate all relevant issues with the local banks.
• Prepare and execute financial and tax audits in close cooperation with the ALMEA finance management and the appointed audit firm.
• Ensure compliance with VAT, Income Tax, Payroll taxes and WHT regulations and monthly, quarterly and annual tax returns filing
• Ensure compliance with Transfer Pricing (DFCT, CbCr etc.) regulations
• Performance management, coaching and on job training of staff under area of responsibility
• Ad hoc tasks, initiatives and projects.

• Bachelor’s degree in accounting or finance, with professional certification (ACCA, AICPA, CA, or CIMA) and a minimum of 3 years’ post-qualification experience.
• Proven experience working with external audits and strong practical knowledge of IFRS and applicable tax regulations.
• Solid experience within internal control frameworks, including business process design, implementation, and continuous improvement.
• Relevant industry experience in a similar role and level of responsibility.

• Work-methodology: structured approach to tasks given with a solutions-oriented mindset.
• Team-work attitude: above-average relationship building skills partnered with relevant business communication & written skills.
• Solid hands-on experience with accounting principles and their practical application in a business environment
• Good knowledge of KSA accounting framework, taxation and IFRS standards.
• Ability and capacity to work with a lot of data & strong ability to multitask.
• Ability to deliver accurate work within strict deadlines, maintaining precision under pressure
• Ability to focus and prioritize tasks.

• Demonstrates the highest standards of integrity, professionalism, and ethical business conduct.
• Trustworthy and reliable, with a strong ethical mindset and commitment to compliance.
• Dedicated and hardworking, with the ability to manage significant…