Accounting Manager Jobs - Jubail Saudi

<h3 >Manager Finance at PaxOcean in Al Jubail</h3> <p >PaxOcean is seeking a <strong >Manager Finance</strong> to join our team in Al Jubail. This full-time role is central to overseeing the company's end-to-end finance operations, ensuring robust financial control, compliance, and strategic alignment with business objectives.</p> <h3 >Role Purpose and Scope</h3> <p >The Manager Finance will lead critical financial functions including cash flow and liquidity management, credit risk assessment, costing accuracy, fixed asset management, and daily sales outstanding. A key focus of this position is to drive continuous process improvements, particularly within accounts payable and payment systems. The role also encompasses leadership in budgeting, forecasting, and comprehensive financial reporting, including detailed variance analysis and project/CAPEX monitoring. Ensuring compliance with all tax, VAT, and regulatory requirements, including ZATCA, is paramount, as is acting as the primary liaison with external auditors, tax agents, and banks. This position requires close collaboration with other departments to support financial strategy and mitigate risks.</p> <h3 >Core Responsibilities</h3> <ul > <li >Oversee daily finance operations, ensuring alignment with company objectives, policies, and budgets.</li> <li >Manage cash flow to ensure sufficient liquidity while mitigating financial and interest risks.</li> <li >Perform credit risk analysis on customers and ensure targeted daily sales outstanding are met.</li> <li >Lead initiatives to optimize financial processes, especially in accounts payable and payments.</li> <li >Oversee the costing function to ensure report accuracy, prompt clearance of delta costs, and analysis of unusual contribution margins.</li> <li >Manage and maintain the fixed asset register, verifying proper approval for capital expenditure additions.</li> <li >Lead the preparation, monitoring, and management of annual budgets, ensuring alignment with business objectives.</li> <li >Monitor actual expenditures against approved budgets, including detailed tracking of project/CAPEX costs and variance analysis.</li> <li >Prepare monthly financial reports, including forecasts and variance analysis comparing actual results against budgeted figures.</li> <li >Review and submit quarterly VAT filings in compliance with regulatory requirements.</li> <li >Oversee annual tax compliance activities, ensuring timely and accurate filings in accordance with ZATCA laws and regulations.</li> <li >Act as the key liaison with external auditors, tax agents, and banks.</li> <li >Partner with other departments to develop financial strategies and identify and mitigate financial risks.</li> <li >Support other ad-hoc finance-related projects as required.</li> </ul> <h3 >Required Qualifications and Experience</h3> <ul > <li >Bachelor's degree in Accounting or Business Administration.</li> <li >Minimum of <strong >5 years of finance or accounting experience</strong>, with at least 3 years in an operational finance role.</li> <li >Demonstrated experience in leading a team of at least 5 staff.</li> </ul> <h3 >Essential Skills and Attributes</h3> <ul > <li >Strong understanding of financial controls, compliance, and risk management principles.</li> <li >Excellent analytical, problem-solving, and communication skills.</li> <li >Ability to collaborate effectively with diverse departments.</li> <li >Hands-on approach to leadership, capable of leading by example and coaching the team.</li> <li >Proven ability to manage multiple priorities and meet deadlines consistently.</li> </ul> <h3 >Application Process</h3> <p >We invite qualified candidates to apply for this full-time position. Further details regarding the application process will be provided upon inquiry.</p>

<h3 >About PaxOcean and the Role</h3> <p >PaxOcean is seeking a <strong >Manager Finance</strong> to join its team in Al Jubail, Al Jubayl. This full-time role is central to overseeing end-to-end finance operations, ensuring robust financial control, compliance, and strategic alignment with the company’s business objectives. The Manager Finance will drive process improvements and manage critical financial functions.</p> <h3 >Key Responsibilities</h3> <ul > <li >Oversee daily finance operations, ensuring adherence to company objectives, policies, and budgets.</li> <li >Manage cash flow and liquidity to meet operational needs while mitigating financial and interest risks.</li> <li >Perform credit risk analysis on customers and ensure targeted daily sales outstanding (DSO) is met.</li> <li >Oversee the costing function to ensure accuracy in reports, prompt clearance of delta costs, and analysis of unusual contribution margins (CM).</li> <li >Manage and maintain the fixed asset register, verifying proper approval for capital expenditure (CAPEX) additions.</li> <li >Lead initiatives to optimize financial processes, particularly in accounts payable (AP) and payments.</li> <li >Partner with other departments to develop financial strategies that align with overall business goals and identify and mitigate financial risks associated with operational functions.</li> <li >Support ad-hoc finance-related initiatives as required.</li> </ul> <h3 >Financial Planning, Reporting, and Compliance</h3> <ul > <li >Lead the preparation, monitoring, and management of annual budgets, ensuring alignment with business objectives.</li> <li >Monitor actual expenditures against approved budgets, including detailed tracking of project/CAPEX costs and variance analysis.</li> <li >Prepare actual monthly financial reports, including forecasts and variance analysis comparing actual results against budgeted figures.</li> <li >Ensure compliance with financial policies and procedures across all operations.</li> <li >Review and submit quarterly VAT to ensure compliance with regulatory requirements.</li> <li >Oversee annual tax compliance activities, ensuring timely and accurate filings in accordance with ZATCA laws and regulations.</li> <li >Act as the key liaison with external auditors, tax agents, and banks.</li> </ul> <h3 >Qualifications and Experience</h3> <ul > <li >Bachelor's degree in Accounting or Business Administration.</li> <li >Minimum of 5 years of finance or accounting experience, with at least 3 years in an operational finance role.</li> <li >Experience in leading a team of at least 5 staff.</li> </ul> <h3 >Required Skills and Competencies</h3> <ul > <li >Proficiency in SAP and advanced Excel skills are preferred.</li> <li >Strong understanding of financial controls, compliance, and risk management.</li> <li >Excellent analytical, problem-solving, and communication skills.</li> <li >Ability to collaborate effectively with different departments.</li> <li >Hands-on approach to lead by example and coach the team.</li> <li >Capable of managing multiple priorities and meeting deadlines.</li> </ul> <h3 >Application Information</h3> <p >Candidates who meet the above qualifications are encouraged to apply.</p>

<section><p class="heading jdMain">Job Description</p><p class="heading">Roles &amp; Responsibilities</p><div class="paragraph"><p>The Senior Accountant is responsible for overseeing day-to-day accounting operations, ensuring accurate and timely recording of financial transactions, compliance with IFRS, Saudi tax and statutory regulations, and effective financial controls. The role supports the Finance Manager by supervising accounting activities, maintaining accurate financial records, monitoring project costs, and contributing to efficient financial reporting and audit processes. </p><br><p>Minimum knowledge and understanding of IFRS, VAT, WHT and local regulations and compliance. </p><br><p> Processing the payments related to Suppliers and petty cash Responsible for the accounting of all cost/expenses in the ERP system. Make sure all expenses and payments booked as per the Department cost center, projects. Project costing – all components of costs in the projects are verifying and posting to the system and keeping all supporting documents. Verifying payroll &amp; employees benefits and related provisions. Inventory and its movement and costing Support to Estimation Department in SABIC / ARAMCO audit conducting. Responsible for fixed assets’ acquisition, depreciation, and dispersal. Maintaining records of prepaid and accruals schedules and periodic charges. Accuracy of project costing and profitability and concerned report. Supervising the annual physical inventory and submit the report to Finance Manager and coordinate with Auditor. Coordinate accounts team. Coordination with external auditors Local content and Iktva data submission Perform any other assignments given by Finance Manager. </p><br><p>Must be able to read, write and speak proficient in English Moderate skills in Arabic are an added advantage</p><br><p>Very good with MS Excel, ERP systems.</p></div></section><section><p class="heading">Desired Candidate Profile</p><p class="paragraph"></p><p> Bachelor's Degree in Commerce, Accounting, or Finance (B. Com) CMA qualification preferred MBA in Finance is an added advantage </p><p></p></section>