General Ledger Accountant Job Khobar area,Eastern Province Saudi Arabia,Finance & Banking

Maintain the accuracy and integrity of the general ledger across all group entities, ensuring complete, timely, and auditable records.
Prepare and post journal entries, accruals, prepayments, and period-end adjustments in strict adherence to IFRS.
Perform monthly, quarterly, and annual financial close activities, including balance sheet reconciliations and inter-company eliminations.
Monitor and control chart-of-accounts structure, enforcing consistent coding and classification across all business units.
Support the preparation of standalone and consolidated financial statements in compliance with applicable IFRS standards.

Project Finance

Set up, maintain, and monitor project cost centres and revenue tracking in the accounting system for all active engagements.
Analyse project profitability, cost-to-complete, and revenue recognition schedules in line with IFRS 15 (Revenue from Contracts with Customers).
Work closely with Project Managers and Business Unit Heads to provide timely financial insight, flagging budget variances and risk exposures.
Prepare project billing schedules and milestone-based invoices, ensuring accuracy and alignment with contractual obligations.
Assist in preparing project-level cash flow forecasts and supporting documentation for management reporting.

Banking & Treasury Relations

Serve as the primary operational contact for the group’s banking partners, managing day-to-day correspondence and service requests.
Oversee bank account reconciliations across all entities, ensuring all transactions are identified, matched, and resolved promptly.
Manage facilities utilisation, Letters of Credit (LC), bank guarantees, and any other banking instruments as required by the business.
Support treasury planning by monitoring liquidity positions and flagging cash shortfalls or surpluses to senior management.
Coordinate with banks for audit confirmation letters, facility renewals, and regulatory compliance submissions.

Accounts Receivable & Collections

Own the accounts receivable ledger, ensuring all invoices are accurately recorded and aging reports are reviewed on a weekly basis.
Proactively manage collections from clients across government, semi-government, and private sectors, escalating overdue accounts in line with company policy.
Build and maintain productive relationships with client finance teams to facilitate timely payments and resolve billing disputes efficiently.
Prepare monthly collection performance reports with actionable recommendations for senior leadership.
Identify and propose improvements to billing, collection, and credit control processes to reduce debtor days.

Systems, Reporting & Compliance

Leverage Zoho Books and other ERP or accounting platforms to automate workflows, improve data quality, and enhance reporting capability.
Design and maintain structured financial reports, dashboards, and KPI trackers for Finance leadership and executive management.
Ensure all accounting practices, disclosures, and reports comply fully with IFRS and any applicable Saudi GAAP or regulatory requirements.
Liaise with external auditors during annual audits, providing schedules, reconciliations, and explanations as required.
Identify control weaknesses and recommend improvements to internal financial controls and procedures.

Qualifications & Experience Education

Bachelor’s Degree in Accounting, Finance, Business Administration, or a closely related field (mandatory).
Master’s Degree in Finance or an MBA with an Accounting/Finance concentration is advantageous.

Professional Certifications (Preferred)

Experience

A minimum of 5 years of progressive experience in a general ledger, financial reporting, or group accounting role.
Demonstrated track record of managing GL across multiple entities or within a group-of-companies structure.
Hands-on experience with project finance accounting, including IFRS 15-compliant revenue recognition.
Proven ability to manage banking relationships and treasury functions at an operational level.
Solid background in accounts…