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Chief Accountant
APT_ Advanced Power Technology Contracting · Riyadh
Riyadh · On-siteFull-TimePosted Jun 28, 2026
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Free · no credit card · 30 secondsJob 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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