Accounting Manager
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Rize is a groundbreaking rentnowpaylater platform reshaping the rental landscape in Saudi Arabia. Were dedicated to making rentals more accessible and affordable enabling tenants to manage their finances with ease and landlords to secure their income effortlessly. Were on a mission to revolutionize the rental industry breaking down barriers and creating opportunities for all. Were a team of innovators thinkers and problemsolvers committed to creating a positive impact and driving change in the market.
Our Team
We love working together being creative and doing things differently! Our team is made up of over 20 people with different nationalities. We work from a cozy office in Riyadh Saudi Arabia. And hey were not just smart were really good at coming up with new ideas! Plus you can work from wherever you want because we like to keep things flexible.
Our core values & Principles
Innovation We re a technologydriven team with the purpose of uplifting the real estate sector. We are the leaders of the industry in innovation.
Customer Centricity We put the customer at the core of every decision and action.
Adaptability Being able to adapt quickly to changing market conditions and customer needs.
Empowerment & Collaboration Our team is the most valuable aspect of the company; We respect all ideas our team enjoys authority autonomy and collaboration.
- Ethical Excellence We perform within the highest ethical standard.
Job Summary
We are seeking an experienced Accounting Manager to oversee the financial operations. you will manage daily financial operations including accounts payable receivable payroll and general ledger functions ensuring accuracy and timeliness. You will play a key role in optimizing cash flow leading monthend and yearend closing processes and managing internal controls.
What will you be doing
1. Financial Record Keeping and Bookkeeping:
a. Maintain accurate financial records for all business transactions (accounts payable accounts receivable payroll general ledger).
b. Record daytoday financial transactions and complete the posting process.
c. Ensure that financial statements are reconciled monthly and discrepancies are investigated and resolved promptly.
d. Manage the companys accounts ensuring completeness accuracy and compliance with internal policies and external regulations.
2. Financial Management and Reporting:
a. Prepare monthly quarterly and annual financial reports including profit and loss statements balance sheets and cash flow statements.
b. Prepare and present the investor report including dealing with the Venture capitalbased investor and calculate all KPIs required by the investor.
c. Provide insights into the company s financial performance and present forecasts to senior management.
d. ist in developing financial strategies by forecasting cash flow and anticipating capital needs.
e. Monitor budgets and compare them with actual costs and revenues to ist in budget planning.
3. Compliance and Regulatory:
a. Ensure compliance with Saudi tax regulations Zakat VAT and any other applicable local tax obligations.
b. Liaise with external auditors and tax authorities to ensure accurate and timely submissions of tax filings and annual audits.
c. Stay updated on local accounting regulations (GAAP IFRS) and BNPLspecific financial guidelines.
4. Accounts Payable and Receivable:
a. Oversee and manage all aspects of the billing process ensuring timely and accurate customer invoicing.
b. Manage accounts receivable to maintain healthy cash flow including payment tracking and followups.
c. Ensure accounts payable are paid in a timely manner and manage vendor relationships.
d. Work closely with BNPL partners to manage their payment schedules and ensure the reconciliation of transactions.
5. Internal Controls and Process Improvement:
a. Develop implement and maintain accounting policies and procedures to ensure robust financial management and control.
b. Continuously ess and improve accounting processes to enhance accuracy and efficiency.
c. Elish and monitor internal controls to prevent fraud and financial errors.
6. Collaboration and Leadership:
a. Lead a small accounting team (if applicable) providing training and guidance on accounting policies and procedures.
b. Work closely with the operations and technology teams to streamline BNPL transaction data into the accounting system.
c. Collaborate with senior management to support decisionmaking through accurate financial ysis.
7. Systems and Software:
a. Utilize accounting software (e.g. Odoo SAP or other financial systems) to record transactions and generate reports.
b. Ensure proper integration of BNPL technology platforms with the accounting system to streamline reconciliation processes.
c. Oversee the implementation of financial systems and recommend improvements to existing tools.
Requirements
Youre a perfect match if you have
1. Educational Background:
a. Master degree in Accounting Finance or a related field from a reputed university
b. Professional accounting qualifications (e.g. AECPA CA ACCA) preferred.
2. Experience:
a. Minimum of 8 years of experience in accounting or financial management preferably in the fintech BNPL or banking sectors.
b. Strong knowledge of accounting regulations in Saudi Arabia including Zakat VAT and local tax compliance.
c. Experience in managing the accounting for a fastpaced highgrowth business.
3. Technical Ss:
a. Proficiency in accounting software (e.g. Odoo SAP or similar).
b. Strong Excel ss for financial ysis and reporting including the power Query and Power pivot.
c. Filing Experience of local regulatory requirements in KSA including the VAT WHT Zakat and CIT.
4. Personal Attributes:
a. Strong ytical ss and attention to detail and Excellent organizational and time management ss.
b. Ability to work independently and lead financial projects.
c. Strong communication and interpersonal ss.
d. Fluency in both Arabic and English is highly preferred.
5. Additional Requirements:
a. Knowledge of BNPL industry operations and key metrics.
b. Ability to work in a fastpaced environment and handle multiple tasks simultaneously.
c. Previous experience in a similar position in the Middle East region is a plus.
Benefits
What do we offer
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Competitive salary Receive a competitive salary package in USD or SAR reflecting your ss and contributions in our industry.
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Diverse International team Join a diverse international team where different perspectives and backgrounds enrich our collaborative culture.
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Flexibility Enjoy the option to work full remote or hybrid allowing you to balance work and life in a way that suits you best.
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Innovation Shape the future of Proptech with your groundbreaking ideas and technological prowess.
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Direct Impact See your ideas come to life and make tangible changes in an industry ripe for revolution.
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Fastpaced Learning Grow personally and professionally every day with opportunities to master new ss in our dynamic startup environment.
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Creative Freedom Take the reins innovate and push boundaries with the freedom to experiment learn and grow at Rize.
- Closeknit Community Join a collaborative supportive team where your voice matters and your contributions are recognized and celebrated.
Employment Type
Full Time
