Opportunity at
FoodicsAccountant-ERP
Foodics, a restaurant management ecosystem and payment technology provider established in 2014, is seeking an Accountant-ERP to join its organization. The company maintains its headquarters in…
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About This Role
Foodics, a restaurant management ecosystem and payment technology provider established in 2014, is seeking an Accountant-ERP to join its organization. The company maintains its headquarters in Riyadh alongside regional offices in the UAE, Egypt, Jordan, and Kuwait, serving clients across more than 35 countries. This position centers on managing financial reporting, revenue recognition, and regulatory compliance, with a specific focus on the SaaS and restaurant sectors. The chosen professional will…
Job Description
Foodics, a restaurant management ecosystem and payment technology provider established in 2014, is seeking an Accountant-ERP to join its organization. The company maintains its headquarters in Riyadh alongside regional offices in the UAE, Egypt, Jordan, and Kuwait, serving clients across more than 35 countries.
This position centers on managing financial reporting, revenue recognition, and regulatory compliance, with a specific focus on the SaaS and restaurant sectors. The chosen professional will oversee routine accounting duties, handle subscription billing and deferred revenue, and collaborate with the Product team to evaluate and refine ERP accounting software features. Candidates should possess a background in SaaS financial operations alongside direct experience handling restaurant accounting in Saudi Arabia.
Foodics provides an inclusive work environment supporting in-office flexibility, along with competitive compensation that includes bonuses and share potential. Team members also receive professional development support through regular training and an annual learning stipend.
Responsibilities
- Handle daily accounting tasks including accounts payable, accounts receivable, and bank reconciliations
- Maintain general ledger accounts and prepare financial statements aligned with IFRS and GAAP standards
- Contribute to month-end and year-end closing processes
- Ensure adherence to local tax obligations such as VAT and income tax
- Collaborate with the Product team to test and validate ERP and accounting product features
- Supervise subscription billing cycles, deferred revenue, and recurring revenue calculations like ARR and MRR
- Assist with budgeting, forecasting, financial analysis, and process automation
- Prepare financial records and support internal and external audits
Requirements
- Four or more years of accounting experience
- One to two years of experience in a SaaS or subscription-based company
- Practical background managing accounting operations for restaurants or food and beverage businesses in Saudi Arabia
- Solid knowledge of IFRS and GAAP accounting principles
- Familiarity with accounting and ERP systems, specifically SAP S/4HANA
- Experience using subscription billing platforms and CRM software, such as Salesforce
- Advanced skills in Microsoft Excel for financial modeling and analysis
- Working knowledge of Saudi tax regulations, VAT, and ZATCA guidelines
- Proficiency in written and spoken English
Qualifications
- Bachelor's degree in accounting, finance, or a related discipline
- CPA, CMA, or ACCA certification
- Familiarity with transfer pricing principles and intercompany transactions
- Knowledge of SaaS financial metrics including CAC, LTV, churn rate, ARR, MRR, and expansion revenue
- Understanding of accounting automation tools and process optimization
Core Skills
Benefits
- Competitive compensation packages with bonuses and potential shares
- Regular training and an annual learning stipend
- In-office flexibility within a diverse multinational environment
Frequently Asked Questions
Answers are based only on the employer’s listing; where it doesn’t say, neither do we.
What is the employment type for this role?
The posting specifies that this is a full-time position.
Is this role remote?
The posting does not specify that the role is remote, but mentions flexibility in-offices.
What experience is required for the Accountant-ERP position?
Candidates must have four or more years of accounting experience, including one to two years in a SaaS or subscription business, and hands-on restaurant accounting experience in Saudi Arabia.
What salary does Foodics offer for this position?
The salary is not stated in the job posting, though it notes that competitive compensation packages including bonuses and potential shares are offered.
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