Senior Accountant
Description
We are looking for an experienced Senior Accountant to join our Finance team within a fast-paced e-commerce company.
The successful candidate will be responsible for ensuring the accuracy and integrity of accounting operations and financial records, managing financial closing, reconciliations, and reporting, with direct responsibility for key e-commerce accounting activities including sales, payment gateways, collections, returns, inventory, and Cost of Goods Sold (COGS).
We are looking for a detail-oriented and analytical accounting professional with solid hands-on experience in a high-volume e-commerce environment.
Key Responsibilities
• Manage and review day-to-day accounting operations and General Ledger (GL) activities, including accruals, prepayments, fixed assets, and adjusting entries.
• Perform and review month-end and year-end closing activities, analyze the Trial Balance, Profit & Loss and Balance Sheet accounts, and ensure the accuracy and completeness of financial records.
• Prepare and review bank reconciliations, Accounts Receivable and Accounts Payable balances, and investigate and resolve outstanding items and discrepancies.
• Reconcile e-commerce sales with ERP systems, payment gateways, and bank collections, including refunds, chargebacks, payment gateway fees, commissions, and settlements.
• Review and reconcile courier and Cash on Delivery (COD) settlements, where applicable, and investigate related outstanding balances and discrepancies.
• Review inventory accounting and Cost of Goods Sold (COGS), reconcile inventory balances across systems, and investigate variances related to physical counts, returns, damaged inventory, and adjustments.
• Support the preparation and review of monthly and annual financial statements and management reports, including account analysis, variance analysis, and investigation of unusual transactions.
• Ensure appropriate accounting and tax treatment of transactions and support VAT, Zakat, ZATCA, and e-invoicing compliance requirements.
• Prepare reconciliations, schedules, and supporting documentation for internal and external audits and follow up on audit findings.
• Ensure compliance with internal controls, company accounting policies, applicable accounting standards, and relevant International Financial Reporting Standards (IFRS).
• Contribute to accounting process improvement and automation, including enhancing integrations and reconciliations between e-commerce platforms, ERP, inventory systems, and payment gateways.
• Review the work of junior accounting team members where required, provide technical accounting support, and contribute to maintaining high accounting standards across the team.
Skills
Requirements & Qualifications
• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum 4 years of relevant accounting experience.
• Previous direct hands-on accounting experience in the e-commerce sector is mandatory.
• Strong experience in financial closing, General Ledger, bank reconciliations, and financial reporting.
• Hands-on experience in e-commerce accounting, including sales, payment gateways, collections, refunds, chargebacks, and financial reconciliations.
• Good experience in inventory accounting and Cost of Goods Sold (COGS).
• Good knowledge of IFRS and applicable accounting and tax requirements in Saudi Arabia.
• Practical knowledge of Saudi VAT, ZATCA requirements, and e-invoicing.
• Hands-on experience with ERP and accounting systems.
• Advanced Microsoft Excel and financial data analysis skills.
• Excellent command of English, both written and spoken.
• Strong analytical and problem-solving skills, excellent attention to detail, and the ability to work effectively under financial closing deadlines.
• Professional qualifications such as SOCPA / CPA / CMA / ACCA are considered an advantage.