(Accountant)

Posted 13 Days Ago
Be an Early Applicant
Riyadh, SAU
In-Office
Mid level
Real Estate
The Role
Support regional finance operations including G/L ownership, monthly accruals, invoice review and AP reconciliation, month-end close, intercompany postings, fixed asset management, cost analysis, tax return assistance, internal reporting, and process improvement.
Summary Generated by Built In

Bayut is the number one property portal in the Kingdom, connecting millions of users across the country. We are committed to delivering the best online search experience. As part of Dubizzle Group, Bayut is alongside some of the strongest classifieds brands in the market. With a collective strength of 10 brands, we have more than 200 million monthly users that trust in our dedication to providing them with the best platform for their needs.

As a Junior Accountant, you will support the regional operations which focuses on Cost Analysis, Accounts payable, Expense Recognition, Fixed Asset Management and Month End reporting.

In this role, you will:

● Own the G/L accounts to ensure consistent cost allocations;

● Be accountable for monthly accrual process;

● Review all invoices for appropriate documentation and approval prior to payment;

● Respond to all vendor inquiries;

● Reconcile vendor statements, research and correct discrepancies;

● Assist in month end closing;

● Post transactions to ledgers and other records;

● Reconcile accounts payable transactions;

● Prepare analysis of accounts;

● Ensure compliance to Group accounting policies in transaction processing;

● Oversee transaction posting in the area of AP and resolve any issues;

● Provide timely and relevant internal management reporting and performance analysis;

● Undertake intercompany posting and reconciliations;

● Assist in preparing the required tax returns;

● Actively participate in improving the internal processes;

● Update fixed asset registry and Capital Expenditure reporting;

● Perform monthly balance sheet reconciliations to investigate variances out of tolerance, liaise with the business to resolve, initiate corrective actions as required and follow up on outstanding issues;

● Provide backup assistance for other members of the team, and assist with various Ad-hoc and finance projects duties.


Requirements
  • Bachelor's Degree in Accounting from a recognized institution.
  • Minimum 3-5 years of G/L experience in a fast paced, deadline driven, high volume accounting environment, and 1-2 years dealing with Cost Analysis
  • Experience using an ERP system. Solid exposure to Netsuite preferred
  • Experience using PO software
  • Good knowledge of KSA Tax compliance
  • Good understanding of accounting/book-keeping and expense recognition principles
  • Intermediate to advanced Excel skills
  • Strong analytical and problem solving skills
  • Sound written and verbal communication skills
  • Demonstrate good interpersonal skills and the ability to communicate and influence across the business
  • Ability to prepare written reports and present to management
  • Action oriented and proactive
  • Deadline and result driven

Benefits
  • High-performing and fast-paced work environment.
  • Comprehensive Health Insurance
  • Rewards and recognition
  • Learning & Development

Bayut is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

#KSABayut

Skills Required

  • Bachelor's Degree in Accounting from a recognized institution
  • 3-5 years of G/L experience in a high-volume accounting environment
  • 1-2 years experience dealing with Cost Analysis
  • Experience using an ERP system
  • Solid exposure to NetSuite
  • Experience using PO software
  • Good knowledge of KSA Tax compliance
  • Good understanding of accounting/book-keeping and expense recognition principles
  • Intermediate to advanced Excel skills
  • Strong analytical and problem solving skills
  • Sound written and verbal communication skills
  • Ability to prepare written reports and present to management
  • Demonstrate good interpersonal skills and ability to communicate and influence across the business
  • Action oriented and proactive
  • Deadline and result driven
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The Company
HQ: Dubai
353 Employees
Year Founded: 2008

What We Do

Bayut.com is one of the top players of the UAE online real estate market. Bayut not only provides its audience with an exceptional online user experience but is also very well known among Real Estate Agencies for its team’s dedication in Account Management and for its qualified leads that contribute towards substantial business. UAE has a popular name in the world when it comes to Real Estate. Whether it’s an individual looking for a place to live or an investor looking to deploy their capital, Bayut is always there to help you make the most of this opportunity. We offer a comprehensive set of listings, with information that is hard to locate on other platforms. Our goal is to provide the best value to end-customers and offer the best service to agencies and brokers and we all strive every day to achieve that everyday

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