We need a Senior Accountant,
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?
- To follow the established procedures for reconciling and offsetting the receipts from Tenants ( by direct deposits to company account, Ejar or payment Gateway) and offset any outstanding balance in our systems.
- Monitor customer account details for invoice due, Credit limits, Follow up of payments, delayed payments and other irregularities.
- To follow up the collection and to make sure that the all incoming payments are allocated against the invoices on a regular basis.
- To get the statement of accounts of Tenant regularly, reconcile the accounts and ensure any disputed invoices or unallocated payments are followed up with the concerned internal dept and resolved without any delay
- At the end of the month, calculate the provision against overdue receivable as per company credit policy and to prepare a journal entry for revising the provision.
- Filing and Najiz execution order against any overdue customer as per the collection and set our terms
- To onboard all new tenants and create a payment schedule for tenants as per contract, and send tenant account age analysis to the all concerned ones on regular basis and notify any undue delay in payments by any customer.
- At month end, follow up with all suppliers/service providers and post all the due bills and reconcile the vendor balance.
- At the month, for all expenses, calculate and accruals/provisions and update master sheet with the new one and reverse any previous, where invoice received.
- Maintain the prepayment register, with the amortization table and amortization schedule.
You're a perfect match if you have
- Bachelor’s Degree in Accounting or a related field.
- 4+ 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 but not a must) and knowledgeable in IFRS 15 and IAS 39.
- Understanding of the taxation environment in KSA (VAT, WHT, CIT & ZAKAT) is Plus but not mandatory.
If you’re ready to join a team of talented individuals and make a real impact, apply now!
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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