Accountant- Saudi Nationals

Role Overview

Accountant position with Al Jomaih Energy and Water, headquartered in Saudi Arabia. This role is open to Saudi Nationals.

Company Overview

Al Jomaih Energy & Water (AEW) is a fast-growing investor, lead developer, and operator of utility and infrastructure projects across KSA, GCC, Asia, and North Africa. Established in 2007 as a subsidiary of Al Jomaih Holding Company, a leading Saudi conglomerate with over 80 years of legacy, AEW manages investments in 6 GW of conventional and solar power plants and approximately 700,000 m3/day of water capacity. The company is focused on enabling sustainable, social, and economic progress in the Kingdom of Saudi Arabia and beyond.

Role Purpose

To manage financial transactions, reporting, and compliance for energy projects and operations, ensuring accuracy, transparency, and alignment with industry and regulatory standards.

Key Responsibilities

Financial Recording & Compliance

• Record and review financial transactions in compliance with IFRS and local accounting standards.
• Ensure correct accounting of VAT, Zakat, and other applicable tax requirements.
• Ensure proper application of accounting policies, procedures, and controls.

Period-End & Closing Processes

• Assist with month-end, quarter-end, and year-end closing processes, including journal entries, accruals, and reconciliations.
• Maintain general ledger accounts and prepare supporting schedules for reporting.
• Monitor bank transactions and prepare accurate bank reconciliations.

Project & Financial Performance Tracking

• Track and report on the financial performance of ongoing projects, including budgeting and cost management.
• Support variance analysis of actual vs. budget for revenues, costs, and cash flows.

Reporting & Analysis

• Assist in the preparation of management and statutory financial reports.
• Assist in weekly and monthly cashflow reporting.
• Provide financial data and insights to assist in forecasting and budgeting exercises.
• Support the finance team with financial analysis and report generation on an as-needed basis.

Systems & Controls

• Post and maintain transactions in ERP systems.
• Support the implementation and maintenance of effective internal controls.
• Contribute to improvements in financial reporting systems and tools.

Audit & Compliance

• Prepare schedules and documentation for internal and external audits.
• Prepare documentation to support compliance with regulatory filings.

Qualifications & Experience

• Bachelor's degree in accounting, finance, or related field.
• 2–5 years of accounting experience, preferably in utilities, energy, or infrastructure sectors.
• Knowledge of IFRS and GAAP and local accounting standards.

Skills & Competencies

• Experience with ERP systems; Oracle Fusion preferred.
• Strong Microsoft Excel and Microsoft Office skills.
• Analytical mindset with strong problem-solving skills and attention to detail.
• Good communication and interpersonal skills; ability to work effectively in a team.