Junior Accountant

About the Company

Bayut is the leading property portal in Saudi Arabia, connecting millions of users across the country. As part of the Dubizzle Group, Bayut is allied with multiple prominent classifieds brands, collectively serving over 200 million monthly visitors who rely on the platform for their property needs.

Role Overview

We are seeking a Junior Accountant to support regional operations, focusing on cost analysis, accounts payable, expense recognition, fixed asset management, and month-end financial reporting.

Key Responsibilities

• Manage general ledger accounts to ensure consistent cost allocation.
• Take ownership of the monthly accrual process.
• Review and verify invoices for accuracy, appropriate documentation, and approval before payment processing.
• Address vendor inquiries promptly and professionally.
• Reconcile vendor statements, investigate discrepancies, and correct errors.
• Support month-end closing activities and post transactions in ledgers and related records.
• Reconcile accounts payable transactions and prepare detailed account analyses.
• Ensure adherence to Group accounting policies during transaction processing.
• Oversee accounts payable postings and resolve associated issues.
• Generate internal management reports and conduct performance analysis in a timely manner.
• Perform intercompany postings and reconciliations.
• Assist with preparing necessary tax returns in compliance with regulations.
• Contribute to continuous improvement of internal accounting processes.
• Maintain and update the fixed asset register and capital expenditure reports.
• Conduct monthly balance sheet reconciliations to identify and investigate variances, liaise with business units to resolve issues, and initiate corrective measures.
• Provide support to colleagues as backup and assist with various ad-hoc finance projects as required.

Qualifications and Skills

• Bachelor's degree in Accounting or related field from an accredited institution.
• Between 3 to 5 years of general ledger experience in a fast-paced, deadline-driven, high-volume accounting environment.
• 1 to 2 years of experience managing cost analysis functions.
• Proficient experience with ERP systems; familiarity with Netsuite is preferred.
• Experience using purchase order software.
• Good understanding of Saudi Arabian tax compliance requirements.
• Solid knowledge of accounting principles, bookkeeping, and expense recognition.
• Intermediate to advanced expertise in Excel.
• Strong analytical and problem-solving abilities.
• Excellent written and verbal communication skills.
• Ability to effectively communicate and influence stakeholders across the business.
• Capability to prepare detailed reports and present findings to management.
• Proactive, action-oriented, with a focus on meeting deadlines and achieving results.

Benefits

• Dynamic, high-performing, and fast-paced work environment.
• Comprehensive health insurance coverage.
• Reward and recognition programs.
• Opportunities for learning and professional development.

Additional Information

Bayut is committed to fostering an inclusive and diverse workplace, embracing equal opportunity for all employees.