Fadras Group is a leading company specializing in building expansion joint systems, parking protection solutions, wall protection systems, stair nosing, and a comprehensive range of architectural finishing products.
With a strong commitment to quality, innovation, and performance, we provide engineered solutions that comply with international standards, ensuring durability, safety, and aesthetic excellence across commercial, industrial, and residential projects.
Position Overview
To manage daily accounting operations, ensure accurate financial records, and support month-end closing, reporting, and compliance activities in alignment with the company’s policies and accounting standards.
Key Responsibilities:
1. Accounting Operations:
Record and reconcile daily financial transactions in the ERP (Odoo).
Maintain general ledger accounts and ensure proper journal entries.
Handle accounts payable and receivable, invoices, and expense claims.
Perform bank reconciliations and cash flow updates on a weekly basis.
Ensure accurate posting of inventory and cost of goods sold.
2. Reporting & Analysis:
Prepare monthly, quarterly, and annual financial statements.
Support budget preparation and variance analysis.
Assist in preparing management and board financial reports.
Track project expenses, sales margins, and cost allocation by branch and product category.
3. Compliance & Audit:
Ensure all accounting transactions comply with ZATCA and IFRS requirements.
Prepare VAT returns, WHT, and Zakat submissions.
Support internal and external audits by providing necessary documentation.
4. Coordination:
Coordinate with the Purchasing, Production, and Warehouse teams for cost validation.
Collaborate with HR on payroll reconciliations and employee benefits accounting.
Work with banks and external stakeholders for LCs, guarantees, and payments.
5. Qualifications & Skills:
Bachelor’s degree in Accounting, Finance, or related field.
Minimum 3–5 years of experience in accounting (preferably in manufacturing or construction).
Strong knowledge of accounting principles, VAT, and Zakat regulations.
Proficiency in Odoo ERP (or similar systems), MS Excel, and financial reporting.
High attention to detail, analytical mindset, and strong organizational skills.
Fluent in English