Role Summary:
We are looking for an experienced and hands-on Accountant to join our growing Finance team. You will work closely with the Finance Manager and take ownership of the company's day-to-day accounting activities, ensuring that our books are accurate, reconciled, and up to date.
This role is suited to someone who is independent, proactive, detail-oriented, and comfortable taking responsibility for accounting operations, while also supporting the Finance Manager with reporting, compliance, and financial analysis.
What You Will Do
- Manage day-to-day accounting and ensure all transactions are accurately recorded.
- AP, AR, bank reconciliations, general ledger, and balance sheet reconciliations.
- Manage month-end closing activities and prepare supporting schedules and journals.
- Assist with monthly financial reporting and management accounts.
- Manage VAT accounting and compliance, including VAT returns and WHT returns.
- Support budgeting, forecasting, cash-flow monitoring, and financial analysis.
- Coordinate with auditors and provide required information and supporting schedules.
- Follow up on outstanding accounting issues and ensure timely resolution.
- Work with other departments to resolve finance and accounting queries.
- Support the Finance Manager with ad-hoc analysis, reporting, and finance projects.
- Help improve accounting processes, controls, and reporting as the company grows.
What We Are Looking For:
- 4–5 years of relevant accounting experience.
- ACCA, CPA, CA, or equivalent qualification required.
- Strong practical experience in general accounting and month-end closing.
- Good understanding of IFRS, company law, WHT and VAT.
- Ability to independently manage accounting responsibilities with minimal supervision.
- Strong attention to detail and ability to identify and resolve discrepancies.
- Highly organised, responsive, and comfortable working with tight deadlines.
- A proactive mindset: you don't just identify problems; you follow them through to resolution.
Desirable Skills & Experience
Candidates with experience in the following areas will have an additional advantage:
- Experience with QuickBooks.
- Experience in a SaaS, technology, or subscription-based business.
- Experience with multi-entity accounting.
- Knowledge of Saudi VAT and cross-border transactions.
- Experience with accounting integrations and finance automation.
About Penny:
Penny is building the ultimate procurement and sourcing platform, one that enables organizations to issue tenders, discover suppliers, and manage purchases faster, more efficiently, and cost-effectively. As we expand across the GCC, we are looking for high-impact finance professionals to help us scale.