More jobs:
Senior Finance Specialist
Job in
Tabuk, Tabuk Region, Saudi Arabia
Listed on 2026-08-11
Listing for:
SEVEN
Full Time
position Listed on 2026-08-11
Job specializations:
-
Accounting
Financial Reporting, Senior Accountant
Job Description & How to Apply Below
The Senior Finance Specialist (Inventory & Fixed Assets) is responsible for accurate accounting, control, and reporting of inventory and fixed assets in line with IFRS and company policies. The role manages inventory across Retail, F&B, and Spare Parts, and oversees the fixed asset lifecycle, including capitalization, depreciation, disposals, and reporting. It supports financial integrity, audit readiness, and effective asset management across projects and operating entities.
KeyAccountability Areas:
Fixed Assets Lifecycle Management
- Manage the full fixed asset lifecycle (creation, capitalization, transfers, depreciation, impairments, disposals) in line with accounting standards
- Monitor AUC/CWIP and ensure timely and accurate capitalization upon project completion
- Maintain and reconcile the Fixed Asset Register with the General Ledger and Trial Balance
- Ensure accurate asset classification, tagging, and useful life assignment
- Review CAPEX transactions and validate CAPEX vs OPEX classification.
- Monitor and validate inventory movements across ERP and warehouse systems.
- Perform stock counts, cycle counts, and reconciliations, including variance analysis.
- Support inventory valuation, including provisions, obsolescence, and write-offs (IAS
2). - Ensure accurate recording of inventory balances and consumption flows.
- Prepare and post depreciation, inventory, and related journal entries.
- Support month-end, quarter-end, and year-end closing activities.
- Perform sub-ledger to GL reconciliations (inventory and fixed assets).
- Prepare reports and schedules for management reporting and finance leadership.
- Ensure compliance with IFRS, internal policies, capitalization thresholds, and DoA.
- Support internal and external audits through documentation, reconciliations, and explanations.
- Participate in physical asset verification and inventory counts; resolve discrepancies.
- Coordinate with Procurement, Projects, Operations, and Finance on asset and inventory transactions
- Review PRs, POs, and invoices to ensure correct accounting treatment.
- Identify and drive process improvements and system enhancements.
- Support data accuracy and utilization across ERP/sub-systems.
- ERP systems (e.g., SAP - FI/MM)
- Inventory / warehouse management systems
- Fixed asset sub-ledgers and project systems
- Reporting tools (Excel, BI)
Minimum Qualifications
Bachelor's degree in accounting, Finance, or a related field.
Professional CertificationsProfessional certificate in Finance or Accounting certification (i.e.
E.g. CPA, SOCPA, CFA, CFP).
- 2 - 3 years of experience in Fixed Assets or Financial Accounting.
- Strong knowledge of IFRS, particularly IAS 16, IAS 36, and IAS 38.
- Working knowledge of IFRS inventory accounting (IAS
2) and internal controls. - Experience working in ERP-driven environments (ERP systems e.g., SAP - FI).
Position Requirements
10+ Years
work experience
Note that applications are not being accepted from your jurisdiction for this job currently via this jobsite. Candidate preferences are the decision of the Employer or Recruiting Agent, and are controlled by them alone.
To Search, View & Apply for jobs on this site that accept applications from your location or country, tap here to make a Search:
To Search, View & Apply for jobs on this site that accept applications from your location or country, tap here to make a Search:
Search for further Jobs Here:
×