Overview

Chief Accountant Jobs in Riyadh, Saudi Arabia at Maleen Consultant Center

Title: Chief Accountant

Company: Maleen Consultant Center

Location: Riyadh, Saudi Arabia

Company Description

Maleen Medical Group is a growing multi-entity healthcare group operating medical clinics in the fields of dentistry, dermatology, laser, and aesthetic services in Riyadh, Saudi Arabia.

The Group manages multiple legal entities and healthcare branches and is currently strengthening its finance function, accounting governance, financial reporting, internal controls, and ERP capabilities.

We are committed to maintaining high standards of financial integrity, regulatory compliance, operational efficiency, and transparency. We offer a professional and collaborative environment in which experienced finance professionals can contribute to the development of a centralized and high-performing finance function.

Role Overview

We are seeking an experienced and technically strong Chief Accountant to lead the day-to-day accounting activities of the assigned company and support the Group’s finance transformation initiatives.

Reporting to the Chief Financial Officer, the Chief Accountant will be responsible for maintaining accurate accounting records, managing month-end and year-end closing, supervising the accounting team, preparing financial statements, reviewing reconciliations, and ensuring compliance with IFRS, Saudi tax regulations, and the Group’s accounting policies.

The successful candidate will have strong hands-on experience in financial closing, general ledger management, external audit coordination, internal controls, and multi-entity accounting. Experience in healthcare, medical clinics, or hospitals will be a strong advantage.

Key Responsibilities

  • Lead monthly, quarterly, and annual financial closing activities and ensure that all transactions are recorded accurately and within the correct accounting period.
  • Prepare and review monthly financial statements, including the statement of financial position, income statement, cash flow statement, and supporting schedules.
  • Manage and review the general ledger, journal entries, accruals, prepayments, provisions, depreciation, payroll entries, and other closing adjustments.
  • Review bank reconciliations, supplier reconciliations, customer balances, employee advances, and other balance-sheet account reconciliations.
  • Supervise accounts payable, accounts receivable, treasury-related accounting, fixed assets, inventory accounting, and general accounting activities.
  • Maintain accurate supporting schedules and working papers for all material financial statement balances.
  • Review supplier aging, payment schedules, outstanding liabilities, unrecorded invoices, and accrued expenses.
  • Monitor revenue recording and reconciliation between the medical operating system, point-of-sale transactions, bank collections, and accounting records.
  • Review inventory movements, stock reconciliations, physical count differences, weighted-average costing, expired items, and slow-moving inventory.
  • Maintain and reconcile the fixed asset register, including additions, disposals, transfers, depreciation, and physical asset verification.
  • Review doctors’ commissions, payroll-related accruals, employee benefits, leave provisions, and end-of-service benefit calculations.
  • Ensure accurate accounting and monthly reconciliation of intercompany transactions and balances between Group entities.
  • Support the preparation of consolidated or combined financial information and intercompany elimination entries.
  • Ensure compliance with IFRS, approved accounting policies, Saudi VAT requirements, Zakat regulations, withholding tax rules, and ZATCA requirements.
  • Prepare and review VAT reconciliations, tax schedules, supporting documentation, and responses to regulatory inquiries.
  • Coordinate with external auditors, prepare the PBC list, provide audit supporting documents, and follow up on audit findings and proposed adjustments.
  • Implement and monitor internal controls relating to journal entries, payments, bank transactions, supplier creation, revenue, inventory, and financial closing.
  • Support the implementation or enhancement of ERP systems, including chart-of-accounts design, master-data validation, testing, data migration, and user acceptance testing.
  • Prepare financial analyses and management reports to support the CFO and senior management in decision-making.
  • Supervise, coach, and develop accountants, allocate responsibilities, review their work, and ensure compliance with closing deadlines.
  • Identify accounting risks, unresolved balances, control deficiencies, and process weaknesses, and recommend appropriate corrective actions.

Qualifications

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • Professional certification or active membership with SOCPA is preferred.
  • CPA, CMA, ACCA, SOCPA Fellowship, or another recognized professional qualification is an advantage.
  • Minimum of 7 years of progressive accounting experience.
  • At least 2 to 3 years of experience as a Chief Accountant, Accounting Supervisor, Accounting Manager, or in an equivalent leadership position.
  • Strong practical experience in month-end and year-end closing and the preparation of complete financial statements.
  • Strong working knowledge of IFRS and financial reporting requirements.
  • Practical experience with Saudi VAT, Zakat, withholding tax, and ZATCA compliance.
  • Experience managing external audits and working with Big Four or other recognized audit firms is preferred.
  • Experience in healthcare, medical clinics, hospitals, or other multi-branch service businesses is highly preferred.
  • Experience in multi-entity accounting, intercompany reconciliations, and consolidation is highly preferred.
  • Strong experience with ERP and accounting systems. Experience with Odoo, Oracle, SAP, Microsoft Dynamics, or comparable systems is an advantage.
  • Advanced Microsoft Excel skills, including PivotTables, XLOOKUP, VLOOKUP, INDEX-MATCH, SUMIFS, data analysis, and reconciliation of large data sets.
  • Strong understanding of internal controls, segregation of duties, audit trails, and financial governance.
  • Proven ability to supervise and develop accounting staff and manage multiple priorities under strict deadlines.
  • Strong analytical, problem-solving, communication, and organizational skills.
  • High level of accuracy, integrity, confidentiality, and professional judgment.
  • Good written and verbal communication skills in both Arabic and English.
  • Currently based in Riyadh or willing to relocate and work on-site.

Preferred Candidate Profile

  • The ideal candidate is a hands-on accounting leader who can operate effectively in a developing finance environment, take ownership of financial closing and reconciliations, improve accounting processes, support finance centralization, and work closely with the CFO to strengthen the Group’s financial reporting and control environment.

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