Accounting Associate

Reposted 19 Days Ago
Be an Early Applicant
Karachi, Sindh
In-Office
Mid level
Consumer Web • Digital Media • On-Demand
Buy & sell with convenience, trust, and ease.
The Role
The Accounting Associate will process payments, identify errors, maintain financial records, support month-end and year-end closing, and collaborate with stakeholders for accurate financial reporting.
Summary Generated by Built In
Role: Accounting Associate
Location: Karachi, Pakistan (Onsite)
Work Week: Saturday – Thursday
Work Timings: 9:00 AM – 6:00 PM (Saudi Arabian Time Zone)

Overview:
We are seeking a detail-oriented Accounting Associate to join our team. The ideal candidate will be responsible for processing payments, identifying and correcting errors, maintaining financial records, and supporting month-end and year-end closing processes. This role involves collaboration with internal and external stakeholders, ensuring accuracy in financial reporting, and contributing to the audit process.

Key Responsibilities:

  • Payment Processing:
  • Process customer and vendor payments accurately and efficiently.
  • Ensure all payments are recorded in the financial system promptly and accurately.
  • Reconcile payment discrepancies and resolve any issues with vendors or customers.

  • Error Identification and Correction:
  • Review financial transactions to identify errors or inconsistencies.
  • Correct errors in a timely manner to maintain accurate financial records.
  • Investigate and resolve discrepancies in financial data.

  • Accounting and Financial Bookkeeping/Reporting:
  • Support month-end and year-end closing processes.
  • Maintaining asset cycle, processing accounts payable and receivable transactions in a timely manner.
  • Prepare and maintain accurate financial records, including invoices, receipts, and other documentation.
  • Reconcile bank statements and assist with month-end closing procedure
  • Support the audit process by providing necessary documentation and information.
  • Knowledge of relevant laws and regulations (e.g., IRFS, ISA) is a plus.

  • Collaboration and Communication:
  • Work closely with other departments to gather necessary accounting and financial information.
  • Communicate effectively with internal and external stakeholders regarding financial matters.
  • Support the finance team in various accounting tasks and projects as needed.

  • Others:
  • Proficiency in accounting software and Microsoft Office Suite (Excel, Word).
  • Excellent communication and interpersonal skills.
  • Ability to work independently and as part of a team.
  • Strong analytical and problem-solving skills.

Qualifications:

  • CAF/ACCA/ICMA Finalist or Bachelor’s degree in Accounting, Finance, or related field (or equivalent experience).
  • 2 years and above proven experience in accounting or finance roles.
  • Attention to detail and accuracy in financial reporting.

Top Skills

Accounting Software
Excel
Microsoft Office Suite
Word
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The Company
HQ: Riyadh
111 Employees
Year Founded: 2021

What We Do

At Soum, we're on a mission to build a marketplace that enables users to buy and sell anything online with convenience, trust, and ease starting in the MENA market. We began with second-hand electronics in KSA, becoming market leaders, and are now expanding to used cars and collectibles. In just two years, we've facilitated hundreds of thousands of transactions across 150+ locations in the Kingdom, maintained 10,000 active listings at any given time, earned the distinction of being the 10th most downloaded e-commerce app in KSA for 2023, and received more than 5 million app downloads.

Our team, Soumers, have worked in over 14 countries from the US to South Korea. We are always on the look out for the best and brightest to join. We look beyond resumes and titles, we look for the innovators, the hungry, the go-getters. We offer them the autonomy to experiment, learn, fail, and grow.

Every transaction on Soum is guaranteed; we hold funds until the item is delivered and confirmed by the buyer, thanks to our proprietary fulfillment and payment systems. This ensures a secure and reliable marketplace experience.

Soum has pioneered a solution that have transformed digital commerce for sellers in the wider region:

Individuals: Enjoy unique home pick-up and delivery services, secure payments, and transaction guarantees for worry-free selling.
Small Businesses: Sell faster and reach a wider audience with our dedicated "Merchant App."
Teleco and retail partners: Gain optimal returns with bulk-selling options, comprehensive inspections, and efficient warehouse management.

We deploy AI models to power our marketplace with personalized recommendations, dynamic pricing, predictive analytics, and fraud detection, ensuring a smarter, safer, and more efficient platform for our users.

Soum is backed by local and regional investors including, amongst others, Jahez Group, Isometry Capital, and Al Rajhi Partners and have raised $22Mn to date.

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