Showroom Accountant

Job description

#### Work Week: Sunday - Thursday Location: Riyadh, Saudia- On-site Work Timings: 9 AM - 6 PM (Saudi Arabian Time Zone) About Us Soum is on a mission to revolutionize e-commerce in the MENA region and beyond by building the most convenient and trustworthy re-commerce marketplace in the region. We're reshaping how C2C marketplaces operate, making buying and selling second-hand products seamless and reliable. Since our launch in July 2021, Soum has become one of the fastest-growing startups in the region, achieving rapid expansion in both our team and product offerings. In recognition of our impact and growth, we were proudly named one of the **Top 10 LinkedIn Startups in Saudi Arabia for 2024.** **About the Role** We are looking for a Finance professional to manage cash and bank reconciliations, inventory accounting, supplier ledgers, VAT, and month-end closing for our cars business. The ideal candidate will have 3–4 years of experience, be ACCA/Part-Qualified CA or equivalent, and be fluent in Arabic and English. Experience in process improvement and automation is a plus. ### Roles & Responsibilities ### ### **Cash, Bank & Receipts** - Handle all cash and bank matters for the cars business, including issuing and controlling all receipts. - Perform daily cash and bank reconciliations; escalate and resolve differences same-day. - Report all daily incomes and expenses, fully reconciled to the bank. ### **Inventory** - Prepare and maintain inventory ledgers, recording daily movement against sales. - Conduct periodic and surprise stock counts; investigate and clear variances. - Maintain inventory aging analysis and flag slow-moving or at-risk units. - Obtain formal sign-off on month-end closing inventory from the Operations team. ### **Recording & VAT** - Record each cost centre and each stream of business separately and accurately. - Own the VAT treatment of every transaction and ensure filings are supported by clean, traceable records. ### **Suppliers & Reconciliations** - Own key supplier ledgers; prepare statements and secure sign-offs from the Supply team and suppliers. - Work with the Inventory & Pricing Analyst to reconcile inventory value, price updates, and P&L. - Track marketing expenditure against approvals and budget. ### **Month-End Close** - Respond to ad hoc finance requests from the CFO and board. - Manage the Finance Analyst for reporting and dashboard maintenance. - Improve efficiency by reducing manual reporting through automation and tools. ### **Communication & Coordination** - Serve as the sole channel between the Cars and Finance teams for all financial matters, - requests, approvals, and follow-ups. - Keep both sides aligned with clear, documented, and timely communication. ### **Process Improvement** - Identify manual and duplicated steps in the current workflow and drive automation and system improvements. - Standardise and document processes so controls survive volume growth and staff changes. ### Requirements - 3-4 years of experience - Candidates should be fluent in Arabic and English. - Candidates should be ACCA / Part qualified CA / other similar professional qualifications - Hands-on experience with cash and bank reconciliations, inventory accounting, supplier reconciliations, and month-end closing. - Strong understanding of VAT, cost centre accounting, revenue and cost cut-offs, and financial record management. - Experience improving finance processes through automation, system improvements, or reducing manual workflows. ### Why Join Soum? • Be part of a fast-scaling Saudi marketplace where Finance has real influence over how the business is run. • Work directly with senior Finance leadership and gain broad exposure across accounting, audit, and financial operations. • A culture that values ownership, speed, and constant improvement over hierarchy and red tape.