Senior Accountant - Urbas Middle East

Qureos


Date: 3 weeks ago
City: Riyadh
Contract type: Full time
We are seeking a hands-on, highly competent Senior Accountant capable of building and managing the full accounting and finance function of the company in Saudi Arabia.

This position is not limited to routine bookkeeping. It requires full ownership of accounting operations, financial reporting, compliance, treasury management, and support for project finance activities. The right candidate will be responsible for establishing the accounting system, policies, processes, and controls from the ground up.

This is an ideal role for someone who wants autonomy, leadership, and long-term growth inside a fast-scaling multinational developer.

Key Responsibilities

  • Financial Accounting & System Ownership
  • Set up and maintain the full chart of accounts and internal accounting system (ERP selection & rollout if required)
  • Manage the full accounting cycle: AP, AR, GL, bank reconciliation, payroll, fixed assets, accruals, and intercompany transactions
  • Implement internal controls, cost centers, project-based accounting, and approval workflows
  • Ensure proper archiving, digital documentation, and audit-ready records
  • Financial Reporting & Monthly Closing
  • Lead monthly, quarterly, and annual closing process
  • Issue financial statements: P&L, balance sheet, cash-flow, and project cost reports
  • Prepare management dashboards for Saudi leadership + group reporting package for HQ in Spain (IFRS)
  • Maintain cash-flow forecasts and liquidity planning
  • Tax, Compliance & Audit
  • Manage filings and compliance for: VAT, Withholding Tax, Zakat, GOSI, payroll taxes, and corporate income tax
  • Coordinate with external auditors (Saudi Arabia + Spain) and tax advisors
  • Ensure full compliance with ZATCA, Saudi GAAP, and IFRS
  • Payroll, Banking & Treasury
  • Execute monthly WPS payroll and expense reimbursements
  • Manage online banking, LCs, LGs, supplier payments, and collections
  • Maintain treasury worksheet, cash-burn rate, and payment schedules
  • Project & Corporate Finance Support
  • Support feasibility models, cost allocation, and budget tracking for real estate and PPP projects
  • Track subcontractor/supplier accounts, retention, certifications, advances, etc.
  • Assist with financial due-diligence for JV partners, investors, and lenders
  • Strategic & Growth-Support Functions
  • Prepare financial policies & procedures to support company scaling
  • Recommend automation, ERP upgrades, and process improvements
  • Potential to grow into Finance Manager / Regional Controller / CFO as the entity expands

Required Qualifications

RequirementDetailsEducationBachelor’s degree in Accounting, Finance, or related field (CPA / CMA as an advantage)ExperienceMinimum 6+ years of full accounting experience, ideally in construction, real estate development, or a multinational groupTechnical SkillsERP systems (SAP, Odoo, Oracle, Zoho, etc.), advanced Excel, IFRS reportingRegulatory KnowledgeStrong knowledge of Saudi tax laws, VAT, WHT, Zakat, payroll compliance, IFRSLanguageEnglish and Arabic requiredNationalitySaudi nationals or expats with a transferable Iqama

Soft Skills & Competencies

  • Self-starter able to build systems from scratch
  • High integrity and confidentiality in financial handling
  • Strong analytical and problem-solving mindset
  • Able to work independently and report to the executive level
  • Comfortable in dynamic, entrepreneurial, fast-growing environments

What We Offer

  • Competitive salary and benefits package
  • Full ownership of the finance function from day one
  • Real opportunity to grow into Finance Manager / Controller / CFO
  • Exposure to international HQ and high-profile Saudi projects
  • A leadership seat in a growing multinational developer

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