F
Accountant-Pay
Foodics
Riyadh, Saudi ArabiaAED 5,000-12,000/mo≈ SAR 5.1K-12.2K/moYesterday
Saudi ArabiaFinance & AccountingFull Time
Skills Required
ExcelAccountingCommunicationArabicEnglish
Job Description
OverviewWho Are We? Foodics is a leading restaurant management ecosystem and payment tech provider. Founded in 2014 with headquarters in Riyadh and offices across 5 countries, including UAE, Egypt, Jordan and Kuwait. We are serving customers and partners in over 35 countries worldwide. Our innovative products have processed over 6 billion orders. Foodics has achieved three rounds of funding, with the latest raising $170 million in the largest SaaS funding round in MENA, boosting innovation capabilities to better serve business owners.The Job in a NutshellThe Accountant - Foodics Pay will be responsible for reconciling all financial transactions related to merchant operations, including POS activities, ensuring accuracy, compliance, and timely reporting in alignment with regulatory and internal standards (e.g., SAMA). This role requires strong analytical skills, a high level of accuracy, and good knowledge in financial reconciliation within FinTech or payment processing environments.ResponsibilitiesPerform daily reconciliation of Merchant Service Fee (MSF) files against merchant payouts and bank statementsRecord daily financial entries from all accounts associated with merchant operationsReconcile payout transactions, collections, and settlements with corresponding bank statements and payment gatewaysInvestigate and resolve discrepancies in merchant transaction data, settlements, and chargebacksSupport in preparing monthly regulatory reports to SAMA and other relevant authorities in a timely mannerEnsure compliance with internal controls, accounting policies, and regulatory guidelinesHandle merchant financial inquiries and claims related to settlements, collections, and discrepanciesMonitor merchant balances and ensure accurate disbursement of payoutsParticipate in system testing and enhancement projects for FinTech accounting and settlement modulesSupport month-end and year-end closing activities related to merchant operationsWhat Are We Looking ForBachelor's degree in accounting or finance, or related fields0-2 years of experience in AccountingSaudi NationalProfessional certifications (SOCPA, CMA, CPA) are a plusPreferred SkillsStrong attention to detail and accuracySolid understanding of accounting principlesAbility to meet deadlines and manage multiple prioritiesExcellent communication in both English and Arabic (written and oral)Strong Excel skillsHigh level of integrity and confidentialityMust be flexible to work in a fast-paced and evolving environmentWhat We Offer YouWe believe you will love working at Foodics!Inclusive and diverse culture that encourages innovation and flexibility in officesHighly competitive compensation packages, including bonuses and the potential for sharesRegular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environmentJoin a talented team of over 30 nationalities working in 14 countries, gaining experience in an exciting industryAutonomy, mentoring, and challenging goals that create opportunities for both you and the company#J-18808-Ljbffr
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