Senior Accountant

2 weeks ago


القاهرة, Egypt Rize Full time

**Rize**is a groundbreaking rent-now-pay-later platform reshaping the rental landscape in Saudi Arabia. We're dedicated to making rentals more accessible and affordable, enabling tenants to manage their finances with ease and landlords to secure their income effortlessly. We're on a mission to revolutionize the rental industry, breaking down barriers and creating opportunities for all. We're a team of innovators, thinkers, and problem-solvers, committed to creating a positive impact and driving change in the market.

**Our Team**

We love working together, being creative, and doing things differently Our team is made up of over 20 people with different nationalities. We work from a cozy office in Riyadh, Saudi Arabia. And hey, we're not just smart—we're really good at coming up with new ideas Plus, you can work from wherever you want because we like to keep things flexible.

**Our core values & Principles**
- **Innovation**- We’re a technology-driven team with the purpose of uplifting the real estate sector. We are the leaders of the industry in innovation.
- **Customer Centricity** - We put the customer at the core of every decision and action.
- **Adaptability**:

- Being able to adapt quickly to changing market conditions and customer needs.
- **Empowerment & Collaboration** - Our team is the most valuable aspect of the company; We respect all ideas, our team enjoys authority, autonomy, and collaboration.
- **Ethical Excellence** - We perform within the highest ethical standard.

**Job Summary**
We are looking for a detail-oriented Senior Accountant to oversee tenant receipts and manage account reconciliations. In this key role, you will ensure accurate tracking and allocation of payments, monitor customer accounts for overdue invoices, and lead collection efforts. You will also prepare monthly journal entries for overdue receivables and play a critical role in onboarding new tenants while maintaining financial accuracy.

**What will you be doing?**
- Reconcile and offset tenant receipts via direct deposits and payment gateways according to established procedures.
- Monitor customer accounts for invoice due dates, credit limits, and payment irregularities.
- Ensure timely allocation of incoming payments against corresponding invoices.
- Regularly obtain and reconcile tenant account statements, proactively addressing disputes with internal departments.
- Calculate provisions for overdue receivables monthly and prepare necessary journal entries in line with company credit policy.
- Execute collection orders for overdue accounts in accordance with company practices and terms.
- Onboard new tenants, create payment schedules, and provide regular analysis of tenant account aging.
- Collaborate with suppliers to post due bills and reconcile vendor balances at month-end.
- Calculate accruals and provisions for expenses, updating the master sheet as necessary.
- Maintain a prepayment register, including amortization tables and schedules.
- Conduct quarterly tax report reviews, match them with invoices, and file VAT returns while assisting the team with VAT implications.

**You're a perfect match if you have**
- Bachelor’s Degree in Accounting or a related field.
- 3-5 years of accounting experience, with a focus on senior-level responsibilities.
- Experience in a **tech start-up** is a plus.
- Proficient in ERP systems (preferably **Odoo**) and knowledgeable in IFRS 15 and IAS 39.
- A basic understanding of the taxation environment in KSA (VAT, WHT, CIT & ZAKAT) is **Plus but not mandatory**.

**Benefits**:
**What do we offer?**
- **Competitive salary** - Receive a competitive salary package in USD or SAR, reflecting your skills and contributions in our industry.
- **Diverse International team** - Join a diverse international team where different perspectives and backgrounds enrich our collaborative culture.
- **Flexibility**:

- Enjoy the option to work full remote or hybrid, allowing you to balance work and life in a way that suits you best.
- **Innovation**:

- Shape the future of Proptech with your groundbreaking ideas and technological prowess.
- **Direct Impact** - See your ideas come to life and make tangible changes in an industry ripe for revolution.
- **Fast-paced Learning** - Grow personally and professionally every day with opportunities to master new skills in our dynamic start-up environment.
- **Creative Freedom** - Take the reins, innovate, and push boundaries with the freedom to experiment, learn, and grow at Rize.
- **Close-knit Community** - Join a collaborative, supportive team where your voice matters and your contributions are recognized and celebrated.



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