Accounting Manager

Reposted 13 Days Ago
Be an Early Applicant
Karachi, Sindh
In-Office
Senior level
Consumer Web • Digital Media • On-Demand
Buy & sell with convenience, trust, and ease.
The Role
Lead accounting operations, ensure financial statement compliance with IFRS, oversee bookkeeping, manage vendor payments, prepare reports, support budgeting, and mentor junior accountants.
Summary Generated by Built In
About Us:
Soum is on a mission to revolutionize e-commerce in the MENA region and beyond by building the most convenient and trustworthy re-commerce marketplace in the region. We're reshaping how C2C marketplaces operate, making buying and selling second-hand products seamless and reliable. Since our launch in July 2021, Soum has become one of the fastest-growing startups in the region, achieving rapid expansion in both our team and product offerings. In recognition of our impact and growth, we are proud to have been named one of the Top 10 LinkedIn Startups in Saudi Arabia for 2024.

Work Week: Sunday – Thursday
Availability Hours: 9:00 AM – 6:00 PM (Saudi Arabia Standard Time)
Location: Karachi, Pakistan (Kickstart, shahrah e faisal 187/H)

Role and Responsibilities:

  • Lead daily accounting operations, including AP, AR, GL, bank reconciliations, and month-end close.
  • Ensure timely and accurate preparation of financial statements in compliance with IFRS.
  • Oversee bookkeeping, documentation, and maintenance of audit-ready records.
  • Manage vendor payments, employee reimbursements, and treasury activities.
  • Prepare monthly MIS reports, variance analysis, and performance insights for senior management.
  • Support budgeting, forecasting, and cash-flow planning.
  • Assist the Group Finance Manager in FP&A initiatives and strategic modeling.
  • Maintain and enhance internal controls, accounting policies, and SOPs.
  • Identify process gaps and drive automation and efficiency improvements.
  • Ensure tax compliance (sales tax, withholding, VAT coordination with KSA team).
  • Partner with operations, commercial and product teams to ensure financial discipline across the organization.
  • Support KSA finance operations, ensuring alignment of processes between multinational teams.
  • Supervise and mentor junior accountants.
  • Develop accounting documentation, dashboards, and SOPs for scale.

Requirements:

  • ACA / ACCA / ICAP finalist / CA / EMBA preferred
  • 5-8 years of experience in Finance, Accounting, or Audit
  • Experience in fast-paced environments (startups, retail or e-commerce)
  • Strong knowledge of IFRS, taxation basics, and internal controls.
  • Exceptional command of financial operations and accounting cycles.
  • Strong analytical and reporting capabilities
  • Proven process improvement & automation mindset
  • Leadership, team management, and cross-functional communication skills
  • Proficiency in ERP systems and advanced Excel / Google Sheets
  • Ability to work under pressure and manage tight deadlines

Top Skills

Erp Systems
Excel
Google Sheets
Ifrs
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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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