Senior Accounting Manager – Retail Supermarket
Reports to: Head of Finance and Investment
Responsible for ensuring accurate accounting records, IFRS-compliant financial statements, effective internal controls, and timely financial performance reporting across retail operations.
Key Responsibilities:
· Oversee transaction processing, reconciliations, general ledger accuracy, and month-end and
· year-end closing.
· Prepare and review financial statements in accordance with IFRS and internal policies.
· Ensure compliance with VAT, Zakat, and ZATCA requirements.
· Lead budgeting, forecasting, cash-flow planning, variance analysis, and KPI monitoring.
· Analyse margins, costs, inventory, working capital, and profitability by branch and department.
· Recommend actions to improve profitability, control costs, and optimise cash flow.
· Systemise and automate accounting, reporting, and reconciliation processes to reduce reliance
· on manual Excel work.
· Use ERP and AI tools, including Manus and Claude, to accelerate reporting, improve accuracy,
· and support decision-making.
· Lead and develop the accounting team and report key financial insights to senior management.
Qualifications and Skills:
· Bachelor’s degree in Accounting, Finance, or a related field.
· Minimum 7 years of proven accounting experience, including managerial responsibility.
· Must have retail experience.
· Strong practical knowledge of IFRS, financial reporting, internal controls, budgeting, VAT, and Zakat.
· Proven experience in KPI management, cost optimization, profitability analysis, and process automation.
· Strong leadership, analytical, communication, and problem-solving skills.
· Experience with ERP systems, Microsoft Dynamics NAV, and AI-based financial tools is preferred.
· Must be Saudi