Soum is on a mission to revolutionize e-commerce in the MENA region and beyond by building the most convenient and trustworthy re-commerce marketplace in the region. We're reshaping how C2C marketplaces operate, making buying and selling second-hand products seamless and reliable. Since our launch in July 2021, Soum has become one of the fastest-growing startups in the region, achieving rapid expansion in both our team and product offerings. In recognition of our impact and growth, we were proudly named one of the Top 10 LinkedIn Startups in Saudi Arabia for 2024.
About the Role
We are looking for a Finance professional to manage cash and bank reconciliations, inventory accounting, supplier ledgers, VAT, and month-end closing for our cars business. The ideal candidate will have 3–4 years of experience, be ACCA/Part-Qualified CA or equivalent, and be fluent in Arabic and English. Experience in process improvement and automation is a plus.
Handle all cash and bank matters for the cars business, including issuing and controlling all receipts.
Perform daily cash and bank reconciliations; escalate and resolve differences same-day.
Report all daily incomes and expenses, fully reconciled to the bank.
Prepare and maintain inventory ledgers, recording daily movement against sales.
Conduct periodic and surprise stock counts; investigate and clear variances.
Maintain inventory aging analysis and flag slow-moving or at-risk units.
Obtain formal sign-off on month-end closing inventory from the Operations team.
Record each cost centre and each stream of business separately and accurately.
Own the VAT treatment of every transaction and ensure filings are supported by clean, traceable records.
Own key supplier ledgers; prepare statements and secure sign-offs from the Supply team and suppliers.
Work with the Inventory & Pricing Analyst to reconcile inventory value, price updates, and P&L.
Track marketing expenditure against approvals and budget.
Respond to ad hoc finance requests from the CFO and board.
Manage the Finance Analyst for reporting and dashboard maintenance.
Improve efficiency by reducing manual reporting through automation and tools.
Serve as the sole channel between the Cars and Finance teams for all financial matters,
requests, approvals, and follow-ups.
Keep both sides aligned with clear, documented, and timely communication.
Identify manual and duplicated steps in the current workflow and drive automation and system improvements.
Standardise and document processes so controls survive volume growth and staff changes.
3-4 years of experience
Candidates should be fluent in Arabic and English.
Candidates should be ACCA / Part qualified CA / other similar professional qualifications
Hands-on experience with cash and bank reconciliations, inventory accounting, supplier reconciliations, and month-end closing.
Strong understanding of VAT, cost centre accounting, revenue and cost cut-offs, and financial record management.
Experience improving finance processes through automation, system improvements, or reducing manual workflows.
• Be part of a fast-scaling Saudi marketplace where Finance has real influence over how the business is run.
• Work directly with senior Finance leadership and gain broad exposure across accounting, audit, and financial operations.
• A culture that values ownership, speed, and constant improvement over hierarchy and red tape.
Job details are sourced from the employer's original posting.
Open job postingAbout the company
Soum is a company focused on building production software, with a specialization in shipping LLM and ML-powered features at scale. They utilize Python for backend services and data pipelines, and TypeScript/React for integrating AI features into their products.