Summary
Syarah is a digital car-buying company operating in Saudi Arabia and the Middle East. The Accounting Operations Lead oversees Procure-to-Pay and Order-to-Cash processes, including accounts payable, customer billing, collections, and reconciliations. The role leads accounting staff, strengthens financial controls and compliance, supports closing and reporting, and identifies process improvements. Applicants need a bachelor’s degree in Accounting or Finance and at least 6 years of relevant experience.
The posting
As published on syarah.com. Pulled from the employer's site and shown as they wrote it.
Syarah is on a mission to transform the way people buy cars in Saudi Arabia and the Middle East. We offer customers an end-to-end digital car buying experience, allowing them to purchase their next vehicle from the comfort of their homes. Behind the scenes, we build and operate systems that manage vehicle sourcing, inspection, photography, merchandising, reconditioning, financing, insurance, shipping, and much more. Our goal is to make car buying a seamless, transparent, and enjoyable experience.
We are looking for an experienced and results-driven Accounting Operations Lead to join our team. In this role, you will be responsible for overseeing daily operations, driving process improvements, ensuring operational efficiency, and leading cross-functional initiatives to support business growth. You will work closely with different departments to optimize workflows, resolve operational challenges, and ensure the highest standards of service delivery.
The ideal candidate is a proactive leader with strong analytical and problem-solving skills, excellent communication abilities, and a passion for operational excellence in a fast-paced environment.
All Syarah employees are expected to work in accordance with Syarah's core values: Tolerance, Transparency, Respect, Integrity, and Positivity.
Key Responsibilities:
The senior accountant is responsible for managing and optimizing the end-to-end finance processes related to Procure-to-Pay (P2P) and Order-to-Cash (O2C). This role ensures operational accuracy, compliance, and efficiency in financial transactions with vendors and customers. The role also involves leading a team, streamlining workflows, and collaborating across departments to support strong financial control and business growth.
Procure-to-Pay (P2P)
- Oversee the accounts payable function, including invoice processing, payment scheduling, and vendor reconciliations.
- Ensure timely and accurate posting of supplier invoices and credit notes.
- Coordinate with procurement and operations teams to resolve discrepancies and optimize the purchasing process.
Order-to-Cash (O2C)
- Supervise accounts receivable, billing.
- Ensure proper application of receipts and timely customer invoicing.
- Monitor O2C KPIs such as days sales outstanding (DSO), billing accuracy, and collection effectiveness.
- Collaborate with sales and other departments to resolve billing disputes.
Operational Control & Compliance
- Develop and enforce internal controls across P2P and O2C cycles to mitigate risks.
- Ensure compliance with tax regulations (VAT, withholding, etc.), accounting standards, and company policies.
- Support month-end and year-end closing activities, including accruals, reconciliations, and reporting.
Team Leadership & Process Improvement
- Lead and mentor accounting staff responsible for P2P and O2C.
- Identify opportunities for automation and process improvement.
Requirements
- Bachelor's degree in Accounting or is Finance required.
- 6+ years or more of relevant experience is required.
- Proficient in Microsoft Excel and other MS Office applications.
- Strong organizational skills and ability to manage multiple tasks.
- Good communication skills, both written and verbal.
- Fast learner with a positive attitude and willingness to improve skills.