Accountant, Financial Reporting, Financial Analyst
Listed on 2026-09-23
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Accounting
Financial Reporting, Financial Analyst, Cost Accountant, Senior Accountant -
Finance & Banking
Financial Reporting, Financial Analyst
Role Overview
Saudi Gold Refinery SGR is seeking a Accountant in Riyadh Saudi Arabia to manage daily financial recording and reconciliation activities for our refining operations This role ensures accurate general ledger maintenance supports monthly closing processes and maintains compliance with Saudi tax regulations The position directly supports the Finance Manager in producing timely financial statements that reflect the cost of refining and bullion inventory valuation The Accountant will report directly to the Finance Manager and will play a key role in maintaining financial integrity across our operational and corporate functions This position requires a detail-oriented professional who can manage VAT compliance inventory reconciliations and payroll support in a regulated industrial environment
Key ResponsibilitiesThe Accountant will be responsible for the following key areas of financial management and compliance
General Ledger ManagementThe role maintains the general ledger by posting accurate journal entries for refining costs bullion inventory movements and corporate expenses
Tax ComplianceThis position calculates and files monthly and quarterly VAT returns through the ZATCA portal in full compliance with Saudi tax laws
Inventory ReconciliationThe Accountant reconciles physical bullion and dore inventory counts with system records to identify and resolve discrepancies promptly
Monthly Close SupportThe role prepares monthly balance sheet reconciliations for key accounts including cash inventory and accrued liabilities
Fixed Asset ManagementThe Accountant maintains the fixed asset register and calculates depreciation for plant equipment laboratory instruments and corporate assets
Audit PreparationThe role prepares audit schedules and retrieves supporting documentation for external auditors during interim and final audits
Cost Accounting SupportThis position allocates refining costs including chemicals and energy to specific production batches for accurate cost of goods sold reporting
Success Metrics- Achieves 100 on-time filing of VAT returns with zero penalties from ZATCA
- Completes monthly bank reconciliations within five working days of month-end
- Reduces general ledger reconciliation discrepancies to less than 1 of total transactions
- Successfully supports the annual external audit with no major findings in assigned areas
- Implements an improved fixed asset tracking process that aligns with physical verification
- Maintains an up-to-date fixed asset register with 100 accuracy in depreciation calculations
Saudi Gold Refinery welcomes applications from all qualified candidates Hiring decisions are made based on role requirements skills experience and alignment with Saudization and Vision 2030 priorities
Qualifications- Bachelor's degree in Accounting, Finance, or a related field from an accredited university
- Minimum of 5 years of accounting experience in an industrial, manufacturing, or trading environment
- Proficiency in Saudi VAT regulations and experience with ZATCA filing requirements
- Strong understanding of general ledger accounting, accruals, and balance sheet reconciliations
- Experience with inventory accounting and cost allocation methods is required
- Proficiency in Microsoft Excel, including pivot tables and VLOOKUP functions for financial analysis
- Fluency in English is required for reporting, with working proficiency in Arabic preferred
- Preferred / Nice-to-have Experience in the precious metals, mining, or commodities trading sector
- Professional accounting qualification such as SOCPA, CPA, or ACCA
- Experience with ERP systems such as SAP, Oracle, or Microsoft Dynamics 365
- Familiarity with LBMA financial reporting requirements or precious metal valuation standards
- Experience with fixed asset management in a heavy industrial or plant environment
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