Senior Accountant
by Caliberly in Food & Beverage Management
The Senior Accountant is responsible for overseeing financial accounting, reporting, budgeting, compliance, and financial control activities to ensure the integrity and accuracy of the organization's financial operations. Supporting a leading organization within the food & beverage and hospitality sector, the role manages day-to-day accounting operations, maintains the General Ledger, prepares journal entries, oversees month-end and year-end closing processes, and ensures compliance with accounting standards and regulatory requirements. Responsibilities include preparing monthly, quarterly, and annual financial statements, management reports, profitability analysis, revenue analysis, operating expense analysis, variance analysis against budgets and forecasts, and providing financial insights to support strategic business planning and management decision-making. The position oversees Accounts Payable, Accounts Receivable, cash flow management, working capital management, banking transactions, bank reconciliations, supplier, customer, and intercompany account reconciliations. The role supports annual budgeting, financial forecasting, business planning, departmental expense monitoring, cost control initiatives, operational efficiency improvements, profitability enhancement, and resource utilization optimization. Additional responsibilities include ensuring compliance with Saudi tax regulations, VAT, Zakat, statutory reporting, IFRS, accounting policies, regulatory standards, and internal controls while coordinating internal and external audit activities. The Senior Accountant strengthens financial controls, recommends process improvements, supports ERP implementation and finance system enhancements, maintains financial documentation, and collaborates closely with operations, procurement, Human Resources, management, and the Finance Manager. The role also provides guidance to junior accountants, supports finance team development, and promotes accountability, financial accuracy, operational excellence, and continuous improvement. Candidates should possess a Bachelor's Degree in Accounting, Finance, Commerce, or a related field, professional certification such as SOCPA, ACCA, CPA, CA, CMA, or equivalent is highly preferred, together with 6–10 years of accounting or finance experience, including senior accounting responsibilities. Previous experience within restaurant, food & beverage, retail, hospitality, or consumer goods industries is highly preferred along with strong knowledge of IFRS, VAT regulations, financial reporting, internal controls, ERP systems, and advanced Microsoft Excel.