Summary
BEC Arabia is hiring a General Ledger Team Leader for its Finance Department in Riyadh. The role leads the general ledger team, oversees financial statements and account reconciliations, coordinates audits, and supports budgeting and project accounting. Candidates need a bachelor’s degree in accounting, finance, or a related field, at least 8 years of relevant experience including 3 years in leadership, and a CPA, CMA, or equivalent certification. The position is office-based with occasional project-site visits; a competitive salary and benefits package, including housing and transportation allowances, is offered.
The posting
As published on becarabia.com. Pulled from the employer's site and shown as they wrote it.
Join BEC Arabia as a GL-Team Leader in Riyadh and play a pivotal role in shaping the financial backbone of one of Saudi Arabia's leading construction and engineering firms. Drive excellence in general ledger management and contribute to iconic projects aligned with Saudi Vision 2030.
About the Role
BEC Arabia is seeking a highly skilled GL-Team Leader to join our Finance Department in Riyadh. This role is critical to ensuring the accuracy, integrity, and compliance of our financial records, which underpin the success of our large-scale construction and infrastructure projects. As a GL-Team Leader, you will oversee the general ledger team, ensuring timely and accurate financial reporting in alignment with Saudi regulatory requirements and international accounting standards.
In this position, you will collaborate closely with cross-functional teams, including project managers, procurement, and senior leadership, to provide financial insights that drive strategic decision-making. You will also play a key role in streamlining processes, implementing best practices, and supporting the financial aspects of BEC Arabia’s participation in Saudi Vision 2030 mega-projects. This is an excellent opportunity for a finance professional to grow within a dynamic, fast-paced environment while contributing to the success of transformative infrastructure projects across the Kingdom.
Key Responsibilities
- Lead the general ledger team in managing day-to-day accounting operations, ensuring accuracy and compliance with IFRS and Saudi regulatory standards.
- Oversee the preparation and review of monthly, quarterly, and annual financial statements, ensuring timely submission to senior management.
- Develop and implement internal controls to safeguard financial data and ensure compliance with Saudi GOSI and tax regulations.
- Coordinate with external auditors during financial audits, providing necessary documentation and addressing audit findings.
- Monitor and reconcile balance sheet accounts, ensuring discrepancies are identified and resolved promptly.
- Ensure compliance with Saudization (Nitaqat) requirements and other local labor laws impacting financial reporting.
- Collaborate with project teams to track and report on project-specific financial performance, including cost allocations and revenue recognition.
- Implement process improvements to enhance efficiency in financial reporting and general ledger management.
- Train and mentor junior accountants, fostering a culture of continuous learning and professional development.
- Support the Finance Manager in budgeting, forecasting, and strategic financial planning activities.
Required Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field.
- Minimum of 8 years of experience in accounting or finance, with at least 3 years in a leadership role.
- Professional certification such as CPA, CMA, or equivalent.
- Proficiency in ERP systems (e.g., SAP, Oracle) and advanced Microsoft Excel skills.
- Strong knowledge of IFRS and Saudi-specific financial regulations, including GOSI and Zakat.
- Demonstrated experience in financial reporting, account reconciliation, and audit coordination.
- Excellent communication and leadership skills, with the ability to manage and develop a team.
Preferred Qualifications
- Master’s degree in Accounting, Finance, or Business Administration (MBA).
- Experience in the construction or engineering industry, particularly with project-based accounting.
- Familiarity with Saudi Vision 2030 projects and their financial implications.
- Knowledge of tax compliance in the GCC region.
- Experience with digital transformation initiatives in finance, such as automation or AI-driven analytics.
Working Conditions
- Location: Riyadh, Saudi Arabia.
- Work Environment: Office-based with occasional visits to project sites.
- Travel: Minimal travel within the Kingdom may be required.
- Hours: Standard working hours with occasional extended hours during reporting deadlines.
- Safety: Adherence to BEC Arabia’s safety-first culture, including compliance with all workplace safety regulations.
What We Offer
- Competitive salary and benefits package, including housing and transportation allowances.
- Opportunities for career growth within a leading construction and engineering firm.
- Access to professional development programs and certifications.
- Exposure to iconic mega-projects aligned with Saudi Vision 2030.
- A multicultural work environment that values diversity and inclusion.
- A strong focus on employee well-being and a safety-first culture.
SuggestedRequiredSkills
- "General Ledger Management"
- "IFRS Compliance"
- "ERP Systems (SAP, Oracle)"
- "Financial Reporting"
- "Audit Coordination"
- "Microsoft Excel (Advanced)"
- "Team Leadership"
- "GOSI and Zakat Compliance"
SuggestedPreferredSkills
- "Construction Industry Accounting"
- "Saudi Vision 2030 Project Experience"
- "Tax Compliance in GCC"
- "Digital Transformation in Finance"
- "AI-Driven Financial Analytics"
SuggestedEducation
- "Bachelor’s degree in Accounting, Finance, or related field"
SuggestedMinYearsExperience
8
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