Accounts Executive

<div><p>Seddiqi Holding is a Family-owned and managed company with a unique, diversified portfolio of businesses and brands across numerous sectors. The business includes Ahmed Seddiqi, Seddiqi Properties, Swiss Watch Services and Mizzen.</p><p>We are looking for an experienced accounts executive who will be supporting the Senior Accountant in executing day-to-day accounting operations, ensuring accuracy, compliance, and timely processing of financial transactions across retail and corporate functions. The role involves handling petty cash, reconciliations, documentation, vendor payments, and audit support.</p><h3>Key Responsibilities:</h3><h3>Retail Operations Support</h3><ul><li>Manage petty cash for retail doors: booking vouchers, initiating approval requests, maintaining documentation, and coordinating replenishment with KSA Head Office.</li><li>Assist the senior accountant on daily reconciliation of credit card payments and cash sales across retail doors; investigate and resolve discrepancies.</li><li>Record daily card payment collections based on bank statements.</li><li>Monitor accumulated cash sales in boutiques and follow up for timely deposits as per SOP.</li><li>Conduct cash counts in stores as required or requested.</li></ul><h3>Accounts Receivable&Customer Interaction</h3><ul><li>Assist in tracking customer payments and follow up on outstanding accounts.</li><li>Interact with customers regarding e-invoice billing inquiries.</li><li>Prepare and submit monthly bank reconciliations and provide bank transfer confirmations.</li><li>Monitor bounced cheques and coordinate with leasing/logistics teams for resolution and tracking.</li><li>Liaise with Dubai AR team on daily uploads of all bank files.</li></ul><h3>Documentation&Compliance</h3><ul><li>Electronically archive all tax documents signed and stamped by ZATCA, categorized by type (Tax/Simplified) and location.</li><li>Archive all vouchers processed from Riyadh office and share them electronically and physically with Jeddah Head Office.</li><li>Ensure proper documentation and compliance with internal standards for all financial transactions.</li><li>Verify and book vendor invoices and prepare payments as directed by Senior Accountant.</li><li>Coordinate with Dubai AP team regarding vendor payments.</li><li>Assist in inspecting payments to suppliers for compliance with contracts and internal policies.</li><li>Support in managing vendor master data and resolving supplier queries.</li></ul><h3>Audit&Reporting</h3><ul><li>Assist in fulfilling internal and external audit requirements by providing necessary documentation and clarifications.</li><li>Support in preparing schedules such as prepaid expenses, vendor ageing, AR ageing and advance reports.</li><li>Help in maintaining the integrity of financial records and ensuring proper posting in the system.</li></ul><p>In order to be successful in this role, you should have:</p><ul><li>Bachelor’s degree in finance / accounting/ business administration</li><li>4+ years of relevant experience in accounting preferably in Luxury retail/Retail/FMCG in KSA.</li><li>Knowledge of Local GAAP and financial reporting standards.</li><li>SAP experience is a plus but not mandatory.</li><li>Working towards Professional qualification (e.g. CPA/ACCA/ACA/CIMA)</li></ul></div>#J-18808-Ljbffr