Job Title: Bookkeeper

Company: Urbas Middle East

Location: Riyadh. Saudi Arabia

Job Type: Full-time

About Us:

URBAS is a dynamic multinational company with headquarters in Madrid, Spain, devoted to becoming a local player in developing infrastructure of all kinds in Saudi Arabia and, more specifically, in the Vision 2030 program.

URBAS is structured in three main working areas: real estate, infrastructure and energy, in a cloud of companies with complementary expertise. The company has been listed on the Spanish Stock Exchange since 1945. Nowadays, it has a footprint in 10 countries on five continents.

URBAS MIDDLE EAST is a subsidiary established in Saudi Arabia, headquartered in Riyadh, to spearhead the group’s activities in the GCC, and we are creating a local team under the supervision of the General Manager (GM). Currently the company has a running project as a real estate developer and it is aiming to expand its business activities through the GCC.

Job Summary:

We are seeking a highly skilled and experienced Bookkeeper to join our team. The ideal candidate will have a minimum of 5 years of progressive experience in managing financial records, including accounts payable, accounts receivable, payroll, and general ledger. This role requires a meticulous professional with a strong understanding of accounting principles, excellent organizational skills, and proficiency in accounting software. The Bookkeeper will be responsible for maintaining accurate financial records, preparing financial reports, and ensuring compliance with financial regulations.

Key Responsibilities:

• Financial Record Management:
• Maintain accurate and up-to-date financial records for all transactions, including purchases, sales, receipts, and payments.
• Perform daily bookkeeping tasks, including data entry, reconciliation of bank statements, and credit card statements.
• Ensure all financial transactions are recorded consistently and accurately in the accounting system.

• Accounts Payable (AP):
• Process and verify invoices, ensuring proper coding and authorization.
• Schedule and prepare payments, monitoring due dates to avoid late fees.
• Reconcile vendor statements and resolve any discrepancies.

• Accounts Receivable (AR):
• Generate and send out invoices to clients.
• Track and collect payments, following up on overdue accounts.
• Process and apply customer payments accurately.

• Payroll Processing:
• Process bi-weekly or monthly payroll, ensuring accurate calculation of wages, deductions, and taxes.
• Maintain employee payroll records and ensure compliance with federal and state payroll regulations.
• Prepare and submit payroll tax filings.

• General Ledger & Reconciliation:
• Perform general ledger reconciliations and prepare journal entries.
• Assist with month-end and year-end close processes.
• Ensure the integrity and accuracy of financial data.

• Financial Reporting & Analysis:
• Prepare various financial reports, including profit and loss statements, balance sheets, and cash flow statements, as needed.
• Assist in the preparation of budgets and financial forecasts.
• Provide financial data and insights to management for decision-making.

• Compliance & Audit Support:
• Ensure compliance with relevant accounting standards and tax regulations.
• Assist with internal and external audits by providing necessary documentation and explanations.
• Maintain organized financial files and documentation.

• Other Duties:
• Assist with administrative tasks as required.
• Continuously seek to improve bookkeeping processes and efficiencies.

Qualifications:

• Education: Bachelor's degree in Accounting, Finance, or a related field preferred. Associate's degree with significant relevant experience will be considered.
• Experience: Minimum of 5 years of proven experience as a Bookkeeper or in a similar financial role. Real estate experience and or construction is highly desirable.
• Technical Skills:
• Proficiency in accounting software (e.g., QuickBooks, Xero, Sage, NetSuite, SAP).
• Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUPs, financial modeling).
• Familiarity with Google Workspace (Docs, Sheets, Drive) is a plus.

• Knowledge:
• Strong understanding of International Accepted Accounting Principles (IAAP).
• Solid knowledge of financial regulations and tax compliance in Saudi Arabia.

Skills & Attributes:

• Attention to Detail: Exceptional accuracy and thoroughness in all tasks.
• Organizational Skills: Highly organized with the ability to manage multiple tasks and meet deadlines.
• Analytical Skills: Ability to analyze financial data and identify discrepancies.
• Problem-Solving: Proactive in identifying and resolving financial issues.
• Communication: Excellent verbal and written communication skills, with the ability to explain financial information clearly.
• Integrity: High level of integrity and discretion when handling confidential financial information.
• Adaptability: Ability to adapt to changing priorities and learn new systems quickly.
• Team Player: Collaborative mindset with the ability to work effectively within a team environment.
• Only Saudi Nationals or Iqama transferable residents will be considered.