Accountant

About Alboom Marine KSA

Alboom Marine Saudi Arabia is the local branch of Alboom Marine Kuwait, specializing in marine workshop services such as FRP repairs, outboard engine servicing, electrical and mechanical work, welding, and trailer fabrication. The company also operates a showroom for marine accessories, spare parts, fishing and diving equipment, handles government supplies and tenders, and manages vessel operations and charters.

Role Overview

The Accountant will be responsible for managing all daily accounting activities of the Jubail branch. This includes bookkeeping, invoicing with VAT and Zakat compliance, payroll management, inventory oversight, job costing, and preparing monthly financial reports for both local management and the headquarters in Kuwait.

Responsibilities

• Perform complete bookkeeping using Zoho Books including journal entries, bank reconciliations, accounts payable and receivable, and petty cash management.
• Issue government-compliant electronic invoices (Fatoora Phase 2) for workshop, showroom, government, and charter clients.
• Prepare and submit VAT return filings; assist with annual Zakat filings and coordinate with external auditors.
• Handle payroll processes including GOSI contributions, Mudad/WPS payments, staff advances, and work closely with HR on Iqama and government fee payments.
• Monitor inventory and stock flow for spare parts, accessories, and consignment products; conduct regular stock audits.
• Calculate job costing for workshop tasks including parts, labor, and subcontractors, and report margins by job and showroom sales.
• Provide financial support for government tenders, including document preparation for Etimad registrations, pricing bids, bank guarantees, and contract invoicing and collections.
• Follow up on accounts receivable and supplier payments, maintain cash flow forecasting.
• Prepare monthly management accounts including profit & loss, balance sheet, cash flow, and deliver inter-company reports to Kuwait headquarters.
• Maintain fixed asset registers for boats, equipment, vehicles, and trailers, including depreciation calculations.
• Ensure compliance and upkeep of company registrations and certificates such as Commercial Registration, VAT certificate, Zakat certificate, GOSI registration, and Chamber of Commerce membership.

Requirements

• Bachelor's degree in Accounting or Finance.
• 3 to 5 years practical accounting experience within Saudi Arabia, preferably in trading, workshop, or contracting sectors.
• Proficient understanding of Saudi ZATCA VAT regulations, electronic invoicing, Zakat obligations, and GOSI requirements.
• Experience using Zoho Books or comparable cloud-based ERP systems (e.g., Odoo, QuickBooks) and advanced skills in Microsoft Excel.
• Knowledge and experience in inventory management and job costing practices.
• Excellent command of English, both written and spoken.
• SOCPA membership or active pursuit of CMA/CPA certification is advantageous.
• Transferable Iqama is preferred for expatriate candidates; Saudi nationals are welcome to apply.

Benefits

• Competitive salary commensurate with experience.
• Housing and transportation allowance or as per company policy.
• Medical insurance coverage and GOSI benefits.
• Annual leave and air ticket in accordance with Saudi Labour Law.
• Opportunity to grow professionally within a developing marine enterprise exposed to government projects.