Position Overview
A leading international cable manufacturer is seeking a detail-driven and proactive Plant Accountant to manage day-to-day accounting and financial operations at its manufacturing facility in SPARK, Dammam.
This role is responsible for general ledger maintenance, manufacturing cost accounting, inventory control, accounts payable/receivable, payroll accounting, and full compliance with Saudi tax regulations (ZATCA, VAT, E-Invoicing, and Zakat) under SOCPA and IFRS standards.
Key Responsibilities
1. General Ledger & Financial Reporting
- Record Keeping & Ledger Integrity: Maintain daily accounting entries (cash, bank, journals, accruals, prepayments) and manage the Fixed Asset Register with proper depreciation schedules.
- Reconciliations & Controls: Perform monthly bank reconciliations, audit petty cash, and reconcile vendor, customer, and intercompany ledgers while upholding internal financial controls.
- Financial Close: Support monthly, quarterly, and annual closing cycles; prepare supporting schedules for Trial Balance, P&L, Balance Sheet, and Cash Flow in accordance with SOCPA and IFRS standards.
2. Taxation & ZATCA Compliance
- VAT Filings: Prepare, reconcile, and file monthly/quarterly VAT returns via the ZATCA portal, maintaining audit-ready documentation.
- E-Invoicing (Fatoora): Oversee electronic invoicing workflows and support ERP integration to maintain full compliance with ZATCA Phase 2 E-Invoicing regulations.
- Zakat & Withholding Tax (WHT): Maintain schedules for annual Zakat filings, prepare WHT returns for non-resident payments, and coordinate with statutory auditors and tax advisors.
3. Manufacturing Cost Accounting & Inventory Control
- Production Costing: Track and analyze manufacturing expenditures across raw materials, direct labor, and factory overhead; monitor cost variances against standard Bills of Materials (BOMs).
- Inventory Governance: Monitor movements across raw materials, work-in-progress (WIP), and finished goods; support ERP inventory valuation and lead periodic physical stock verification and variance reconciliation.
4. Working Capital Operations (AP & AR)
- Accounts Payable: Execute 3-way matching (PO, GRN, and Supplier Invoice); process payments per approved credit terms, reconcile vendor accounts, and resolve billing discrepancies.
- Accounts Receivable: Generate customer invoices, monitor aging receivables, support cash collections, and produce periodic customer statement reconciliations.
5. Payroll Accounting & Statutory Provisions
- Payroll Processing: Audit monthly payroll calculations and attendance inputs alongside HR; facilitate salary disbursement in compliance with the Wage Protection System (WPS).
- Liabilities & Provisions: Calculate and maintain monthly accruals for End-of-Service Benefits (EOSB), annual leave, flight allowances, and insurance amortizations.
Candidate Profile
Experience
- 3 to 5 years of hands-on accounting experience in Saudi Arabia.
- Proven background in manufacturing, industrial assembly, or cable production is strongly preferred.
- Demonstrable experience with ERP-based financial workflows, standard costing, and physical inventory reconciliations.
Education
- Bachelor’s degree in Accounting, Finance, Commerce, or a related field.
Certifications
- Professional qualifications such as SOCPA, CMA, ACCA, CPA (or active pursuit thereof) are highly advantageous.
Technical & Regulatory
- Thorough operational command of ZATCA regulations (VAT, Fatoora E-Invoicing, WHT, Zakat), Wage Protection System (WPS), Saudi Labor Law provisions (EOSB), and SOCPA/IFRS frameworks.
Language Skills
- Professional fluency in English (verbal and written); working proficiency in Arabic is a distinct advantage.
