Branch Accountant

Job Title: Branch AccountantReports To: Commercial Controller Function: Finance Location: Riyadh Grade: L04Purpose of the RoleResponsible for managing all accounting activities at the branch, ensuring accurate, timely, and compliant financial reporting while supporting operational efficiency and business performance.Key AccountabilitiesRecord daily sales, expenses, and branch transactions accurately and on time.Monitor and reconcile accounts receivable (customer collections) and accounts payable.Manage branch petty cash and ensure timely submission of expense claims.Perform monthly inventory reconciliations and report discrepancies immediately.Ensure adherence to company accounting policies, internal controls, and reporting timelines.Support internal and external audits by providing necessary documentation.Submit periodic financial reports (daily/weekly/monthly) to the Finance Department and Branch Manager.Support the Commercial Controller in branch operations and ad-hoc assignments.Key Performance Indicators (KPIs)Compliance with company accounting policies and procedures.Accuracy and timeliness of financial records and reports.Effective monitoring of accounts receivable, cash collection, and working capital.Resolution of discrepancies in inventory and financial reporting.Act as the finance Single Point of Contact (SPOC) for the branch.Requirements (Experience, Knowledge, Qualifications)Experience:Minimum 3–4 years of relevant finance/accounting experience.Prior experience in a similar accounting role.Experience in FMCG or similar industries is preferred.Knowledge & Skills:Excellent communication, negotiation, and interpersonal skills.Strong analytical and problem-solving abilities.Proficiency with ERP/accounting software and advanced MS Excel skills.Effective decision-making and problem-solving capabilities.Qualifications:Diploma or Bachelor’s degree in Finance, Accounting, or related field.Professional accounting qualification (CPA/ACCA) preferred.Ability to work independently and manage multiple tasks in a fast-paced environment.Strong knowledge of accounting principles and financial reporting standards.Decision RightsApprove petty cash disbursements within defined limits.Authorize branch-level expense claims as per company policy.Recommend corrective actions for financial discrepancies.Escalate financial risks or irregularities to the Commercial Controller.Competencies RequiredFinancial Acumen: Strong understanding of accounting principles, financial statements, and cash flow management.Attention to Detail: Ensures accuracy in all financial transactions and reporting.Analytical Thinking: Ability to analyze financial data, identify trends, and provide actionable insights.Problem Solving: Proactively addresses issues, discrepancies, and operational challenges.Communication: Clear and effective communication with internal teams and external stakeholders.Teamwork & Collaboration: Works effectively across cross-functional teams.Integrity & Ethics: Upholds high ethical standards and ensures compliance with policies.Adaptability: Ability to manage multiple priorities and respond to changing business needs.Role Positioning within Operating ModelStrategic Direction: Supports branch financial strategy and working capital optimization; contributes to decision-making for branch profitability.Operational Leadership: Manages daily financial operations, ensures process compliance, and drives efficiency in branch accounting.Administrative Execution: Oversees accurate reporting, reconciliations, and timely submission of financial records; supports audits.Functional Support: Acts as finance liaison for commercial and operations teams; supports cross-functional collaboration.Career PathPrevious Role: Assistant Accountant / Junior AccountantCurrent Role: Branch AccountantNext Potential Role: Senior Accountant / Associate Finance ManagerDirect Reports (if Any)2 Assistant Accountants1 Cashier