The Accounting Specialist plays a critical role in managing and reconciling all sales-related financial transactions and ensuring accurate cash handling procedures. This position is responsible for recording sales revenue, managing cash receipts and disbursements, performing daily reconciliations, and contributing to the overall financial integrity of the company, with a particular focus on revenue streams and liquid assets.
- Lead and manage the accounting operations related to sales and cash management.
- Accurately record daily sales transactions, discounts, and returns in the accounting system.
- Perform daily, weekly, and monthly reconciliations for sales, cash, and bank accounts.
- Oversee cash handling procedures and ensure compliance with company policies.
- Prepare financial reports on sales performance and cash balances for management.
- Collaborate with sales, operations, and suppliers to resolve discrepancies.
- Ensure compliance with IFRS standards and local tax regulations (VAT).
- Support month-end and year-end closing activities.
- Leadership Provide guidance and support to team members in accounting-related tasks.
- Foster a culture of accuracy, integrity, and accountability within the finance team.
- Identify opportunities for process improvement and implement efficient solutions.
- Collaborate cross-functionally to enhance communication and workflow between departments.
Requirements
- Bachelor’s degree in Accounting, Finance, or a related field.
- Experience: 2–4 years of experience in accounting, with a strong focus on sales accounting and cash management (experience in hospitality or F&B is preferred).
- Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks, Xero).
- Strong knowledge of POS systems and experience in data extraction and reconciliation.
- Advanced Microsoft Excel skills (Pivot Tables, VLOOKUP, etc.).
- Familiarity with IFRS standards and local tax regulations (VAT).
Skills Required
- Bachelor's degree in Accounting, Finance, or related field
- 2-4 years accounting experience with focus on sales accounting and cash management
- Experience in hospitality or F&B
- Proficiency in accounting software (SAP, Oracle, QuickBooks, Xero)
- Strong knowledge of POS systems and experience in data extraction and reconciliation
- Advanced Microsoft Excel skills (Pivot Tables, VLOOKUP)
- Familiarity with IFRS standards and local tax regulations (VAT)
What We Do
Areeb is a specialized provider of comprehensive human resources solutions in Saudi Arabia. The company focuses on bridging the gap between job seekers and organizations through services such as staffing, executive search, and HR process outsourcing. Committed to empowering Saudi human capital, Areeb aims to improve the quality of human resources solutions while adhering to the objectives of the Saudi 2030 Vision.
