Accountant - ERP (SaaS & Restaurant)

About the role

Foodics, a restaurant management ecosystem and payment technology provider founded in 2014 and headquartered in Riyadh, is looking for an Accountant with a strong background in financial reporting, revenue recognition and regulatory compliance, ideally within the SaaS and restaurant sectors. The role combines day-to-day accounting operations with close collaboration with the Product team to test, validate and improve the ERP/Accounting product.

Key responsibilities

• Manage daily accounting operations, including AP, AR and bank reconciliations, and maintain and reconcile general ledger accounts.
• Prepare and review financial statements under IFRS/GAAP and support month-end and year-end closing.
• Ensure compliance with local tax regulations, including VAT and income tax.
• Oversee subscription billing, deferred revenue and recurring revenue reporting, and reconcile deferred revenue schedules to support accurate ARR and MRR calculations.
• Monitor customer contracts, invoicing and revenue recognition in line with SaaS accounting standards.
• Support budgeting, forecasting and financial planning, and analyse financial data to identify trends and process improvements.
• Contribute to the automation and optimisation of financial processes.
• Support internal and external audits, maintain internal controls, and establish best practices in accounting and compliance.
• Work with the Product team to test and validate ERP/Accounting product features, and support intercompany reconciliations.

Required profile

• Bachelor's degree in Accounting, Finance or a related field; CPA, CMA or ACCA is a plus.
• 4+ years of accounting experience, preferably including 1-2 years in a SaaS or subscription business.
• Hands-on experience managing accounting for restaurants or F&B businesses in Saudi Arabia.
• Strong understanding of IFRS/GAAP and working knowledge of Saudi tax regulations, including VAT and ZATCA.
• Understanding of transfer pricing and intercompany transactions.
• Excellent analytical, problem-solving and communication skills, attention to detail, and proficiency in written and spoken English.

Required skills

• Experience with accounting and ERP systems, preferably SAP S/4HANA.
• Familiarity with subscription billing systems and CRM platforms, preferably Salesforce.
• Advanced Excel and financial analysis and modelling.
• Experience with SaaS financial KPIs such as CAC, LTV, churn rate, ARR and MRR.

What we offer

• Competitive compensation including bonuses and the potential for shares.
• Regular training and an annual learning stipend.
• An inclusive, diverse culture with flexible off-site work.
• A team of over 30 nationalities across 14 countries, with autonomy, mentoring and challenging goals.