Senior Accountant
FinanceInformation Technology and Services
About the role
Who Are We❓
We Are Foodics! 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 currently serving customers and partners in over 35 different countries worldwide. Our innovative products have successfully processed over 6 billion (yes, billion with a B) orders so far! making Foodics one of the most rapidly evolving SaaS companies to ever emerge from the MENA region. Also Foodics has achieved three rounds of funding, with the latest raising $170 million in the largest SaaS funding round in MENA, boosting its innovation capabilities to better serve business owners.
The Job in a Nutshell💡
We are seeking a highly skilled Senior Accountant with a strong background in financial reporting, revenue recognition, and compliance, particularly within the Software-as-a-Service (SaaS) industry. The ideal candidate will have 3+ years of experience in accounting, with expertise in SaaS financial operations. This role requires strong analytical skills, attention to detail, and a deep understanding of accounting principles to support financial planning, audits, and operational efficiency.
What Will You Do❓
Financial Reporting & Compliance
- Manage and oversee daily operations of the accounting department, including AP, AR, and bank reconciliations
- Maintain and reconcile general ledger accounts
- Prepare and review financial statements in compliance with IFRS/GAAP.
- Assist in month-end and year-end closing processes, ensuring timely and accurate financial reporting.
- Maintain compliance with local tax laws and regulations, including VAT, income tax, and any relevant financial policies.
Revenue & Subscription Accounting
- Oversee subscription billing cycles, deferred revenue, and recurring revenue reporting.
- Monitor customer contracts, invoicing, and revenue recognition, ensuring alignment with SaaS industry standards.
- Reconcile deferred revenue schedules and ensure a…