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.

About the Company:

In Alfa Laval, we are every single day contributing to a more sustainable future for our planet through engineering innovation. Alfa Laval is the world leader within the key technology areas of heat transfer, separation, and fluid handling. Our company was founded on a single brilliant invention, and innovation remains at the heart of everything we do. With more than 3700 patents, we provide worldwide solutions in areas that are vital to society both today and for the future. The people of Alfa Laval enjoy the freedom to pursue ideas and the resources to see those ideas become reality, in an environment that welcomes drive, courage, and diversity. The result is a company where we all can be very proud of what we do.

We are dedicated to optimizing the performance of our customers' processes. Our world-class technologies, our systems, equipment, and services must create solutions that help our customers stay ahead. Please feel free to peruse our website www.alfalaval.com

Main purpose of this job:

• 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

Key Tasks and responsibilities:

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.

Your background

• 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.

To be successful in this role:

• 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.

Who you are?

• 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 responsibility and ownership.
• Committed to continuous personal and professional development, seeking long-term career growth within the organization.

Key Relationship:

• Country General Manager, Regional Finance Manager, Regional Finance Director, VP Customer Excellence, Business Controller, Finance Shared Services, Accountants.

Why Should you apply?

• An exciting place to build your career with the global leader, having opportunity to expand your global network inside- outside Alfa Laval with different nationalities.
• We offer you an interesting and challenging position in an international, open, and friendly environment where we help each other to develop and create value for our customers.
• The position is on local contract with all provisions governed by the Local Labor Law.

"We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status."