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Chief Accountant

APT_ Advanced Power Technology Contracting · Riyadh

Riyadh · On-siteFull-TimePosted Jun 28, 2026

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Job description

  • Oversee all accounting operations, including General Ledger, Accounts Payable, Accounts Receivable, Payroll, and Financial Reporting.
  • Prepare monthly, quarterly, and annual financial statements and ensure timely completion of financial closing activities.
  • Provide financial analysis, management reports, and recommendations to support strategic decision-making.
  • Manage project accounting functions, including job costing, Work-in-Progress (WIP), revenue recognition, and project profitability analysis.
  • Monitor project budgets against actual expenditures and report cost variances to management.
  • Review and verify subcontractor payments, progress billings, retention balances, and contract variations.
  • Ensure compliance with VAT regulations, taxation laws, accounting standards, and company policies.
  • Establish and maintain effective internal controls and accurate financial documentation.
  • Coordinate with internal and external auditors and ensure timely resolution of audit findings.
  • Supervise monthly payroll processing and ensure accurate and timely salary payments through the Wage Protection System (WPS).
  • Manage payroll-related provisions, including annual leave, air ticket entitlements, and End of Service (EOS) benefits.
  • Monitor project cash flows, working capital requirements, and overall liquidity management.
  • Manage company bank accounts, payment planning, fund utilization, and banking relationships.
  • Lead, supervise, and develop accounting staff to ensure operational efficiency and professional growth.
  • Improve accounting procedures, reporting systems, and financial processes to enhance accuracy, control, and efficiency.
  • previous experience in contracting companies preferable to be in MEP field

minimum 5 years experience as chief accounting

  • able to work under pressure with small team members

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