Head of Accounting - KSA
Foodics, Saudi Arabia

Experience
1 Year
Salary
0 - 0
Job Type
Job Shift
Job Category
Traveling
No
Career Level
Telecommute
No
Qualification
Bachelor's Degree
Total Vacancies
1 Job
Posted on
Nov 7, 2022
Last Date
Dec 7, 2022
Location(s)

Job Description

About Foodics

roudly voted the best place to work in 2021-2022, Foodics, one of the most promising SaaS companies in MENA, was founded in 2014 in KSA with headquarters in Riyadh and offices in the United Arab Emirates Jordan, Kuwait, Egypt, Pakistan, and the Netherlands.

FOODICS is the leading Restaurant-Tech company in MENA and a pioneer in the regional Famp;B industry. Foodics is currently undergoing rapid expansion across MENA, Pakistan, Africa and Asia, servicing over 20,000 brands , and has achieved three rounds of funding, with the latest raising $170 million in the largest SaaS funding round in MENA, boosting its innovation capabilities to better serve business owners.

We provide a cloud-based point-of-sale SaaS ecosystem with tools that help Famp;B, and retail businesses start, track and grow. Our customers use Foodics to accept payments, track inventory, monitor sales, process orders, digitize menus, manage employees, create analytics and smart reports, provide secure cloud storage and enable the integration of third-party apps.

We pride ourselves on recognizing and retaining talent while promoting creativity and efficiency. We are constantly looking for people to help shape and be a part of our bright future!

Our Purpose: To create a growth-accelerating platform that enables the restaurant ecosystem to achieve the most remarkable performance

Our Vision: To be the most trusted one-stop-shop software amp; financial platform for restaurants

Our Mission: to empower every person who contributes to the success of a restaurant business and provide finance to fuel its growth


About the Role

Hi all! We are looking for a Head of Accounting to join our team in KSA managing all accounting functions and teams globally. In this position, you will be responsible for developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements. You will supervises multiple teams to ensure that work is properly allocated and completed in a timely and accurate manner. This position addresses tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, year end audit preparation and the support of budget and forecast activities. You will work closely with the CFO, and hence, expected to have strong interpersonal communication skills both written and verbal.You will also be expected to analyse, verify and report a myriad of financial information using relevant accounting systems.

If this opportunity excites you, hop on and apply now!

Main tasks and responsibilities

  • Obtain a thorough understanding of the financial reporting and general ledger structure
  • Ensure an accurate and timely week, month, and quarterly and year end close
  • Assign projects to the other staff members to ensure accuracy and compliance with company policies
  • Cash flow management and projections
  • Budgeting and cost control projects
  • Advise staff regarding the handling of non-routine reporting transactions
  • Oversee all of the AP and general accounting function
  • Respond to inquiries from the CFO regarding financial results and special reporting requests
  • Management reporting and variance analysis work
  • Work in partnership with the outside audit firm on all auditing and tax matters
  • Expense reports and cost control/analysis work
  • Provide training to new and existing staff as needed
  • Proactively review internal processes and implement improvements
  • Direct the day-to-day actions of the entire accounting department
  • Enforce the correct accounting policies, methods and principles
  • Produce financial statements by monitoring and evaluating accounting data
  • Streamline systems and processes and initiate corrective actions when necessary
  • Create and sustain fiscal records and other files to accurately document transactions
  • Recommend products and services to maximize sales margins
  • Keep knowledge up-to-date by attending workshops, conferences and other educational opportunities

Requirements

  • Bachelor’s and/or advanced degree in Accounting or Finance
  • A minimum of 5 years previous Accounting leadership role
  • Strong leadership and interpersonal skills for the management of accounting team
  • Advanced MS Excel skills including Vlookups and pivot tables
  • Excellent verbal and written communication skills
  • Ability to work with multiple deadlines in a fast-pace setting
  • Strong analytical skills and problem-solving skills
  • Passion for technology and for being a part of a fast-growing SaaS companies
  • A relevant accounting certificate

Job Specification

Job Rewards and Benefits

Foodics

Information Technology and Services - Riyadh, Saudi Arabia
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