Accounting Director

Our client is a well-established Food Manufacturing company with a diversified product portfolio such as biscuits, cakes, snacks, candy, chocolates, nuts and many more. They are looking to hire a well experience Accounting Director for their head office in Riyadh.The Accounting Director will play a pivotal role in overseeing the financial operations of the company, ensuring accuracy, compliance, and strategic alignment with organizational objectives.Main Objectives:Financial Leadership & Oversight:Provide strategic financial leadership and direction for the finance department.Oversee the preparation of all financial statements in accordance with GAAP and regulatory requirements.Manage and supervise the department, ensuring adherence to policies and procedures.Develop and implement internal controls to safeguard company assets and ensure compliance.Manage the day-to-day operations of the finance department, fostering a culture of accuracy, efficiency, and continuous improvement.Financial Reporting & Analysis:Lead the team in preparing accurate and timely monthly, quarterly, and annual financial reports for internal and external stakeholders.Conduct in-depth financial analysis to identify trends, assess performance, and support strategic decision-making.Collaborate with department heads to understand the financial implications of business initiatives and investments.Budgeting & Forecasting:Work closely with the Finance team to develop and maintain the annual operating budget and long-term financial forecasts.Monitor budget performance and analyze variances against actual results.Provide insights and recommendations to improve budget accuracy and operational efficiency.Regulatory Compliance:Stay abreast of industry trends, best practices, and regulatory changes affecting financial operations.Ensure adherence to all relevant accounting standards, tax regulations, and internal audit requirements.Coordinate with internal and external auditors to facilitate audits and address findings.Qualifications and Competencies:Bachelors or higher education in Accounting or related field.8+ years of Leadership Experience in Accounting or related field.Experience in Food Industry, Accounting firms, or Multinational Companies is Preferred.Professional Qualification such as CPA, ACCA, CA, CMA, or CIMA is a Must.Familiarity with Financial ERP Systems (SAP Financials).Advanced Microsoft Office Suite skills.Understanding of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) to ensure accurate financial reporting and compliance.Must be an Arabic Speaker with English Fluency.