Group Head of Accounting at Foodics

Amman, Amman, Jordan -

Full Time

Start Date

Immediate

Expiry Date

31 Aug, 26

Salary

0.0

Posted On

02 Jun, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Group Consolidation, IFRS Compliance, Financial Reporting, Revenue Recognition, Intercompany Accounting, Transfer Pricing, External Audit Management, Budgeting & Forecasting, SaaS Metrics, ERP Implementation, Leadership, Technical Accounting

Industry

IT Services and IT Consulting

Description

Who Are We❓ We Are Foodics! a leading restaurant management ecosystem and payment tech provider. Founded in 2014 with headquarters in Riyadh and offices across 5 countries, including UAE, Egypt, Jordan and Kuwait. We are currently serving customers and partners in over 35 different countries worldwide. Our innovative products have successfully processed over 6 billion (yes, billion with a B) orders so far! making Foodics one of the most rapidly evolving SaaS companies to ever emerge from the MENA region. Also Foodics has achieved three rounds of funding, with the latest raising $170 million in the largest SaaS funding round in MENA, boosting its innovation capabilities to better serve business owners. The Job in a Nutshell💡 The Group Head of Accounting owns the integrity, accuracy, and timeliness of the group's financial records across a multinational, multi-entity SaaS and FinTech business. The role supports group consolidation, IFRS-compliant financial reporting, and the external audit process. Based in Amman, it provides dedicated support to the group's operations in KSA while overseeing accounting across all entities. It combines deep technical accounting expertise — particularly around subscription revenue, financial instruments, intercompany and transfer pricing complexity — with the leadership to standardize processes and build a high-performing finance function across multiple jurisdictions and currencies. What Will You Do❓ Group Consolidation & Financial Reporting - Support the monthly, quarterly, and annual consolidation of all group entities, including intercompany eliminations, multi-currency translation, and minority interests. - Oversee intercompany transactions and transfer pricing arrangements, ensuring correct accounting treatment and supporting documentation across jurisdictions. - Produce accurate, timely consolidated financial statements in full compliance with IFRS. - Maintain the group reporting calendar and drive a faster, more reliable close. - Bridge local GAAP / statutory results to group IFRS reporting where entities report under differing standards. Technical Accounting (IFRS) - Act as the group's technical accounting authority on IFRS application and policy. - Own revenue recognition under IFRS 15 for subscription, usage-based, and multi-element SaaS contracts, including deferred revenue and ARR/MRR reconciliation to the GL. - Govern capitalization of internally developed software (IAS 38) and lease accounting (IFRS 16). - Maintain a group accounting policy manual and ensure consistent application across entities. External Audit & Compliance - Lead the group external audit and coordinate statutory audits across all jurisdictions. - Serve as primary liaison with external auditors, managing timeline, deliverables, and resolution of findings. - Ensure statutory filing obligations are met on time in every jurisdiction. - Strengthen the internal control environment over financial reporting. Budgeting & Reporting - Lead the annual budgeting process and periodic reforecasts across all entities. - Deliver insightful monthly management reporting with variance analysis. - Track and report key SaaS/FinTech metrics (ARR, MRR, churn, gross margin) in alignment with statutory results. Process, Systems & Standardization - Support the adoption of AI and automation across the accounting function, identifying, evaluating, and implementing tools that streamline the close, automate reconciliations and intercompany matching, surface anomalies, and improve the speed and accuracy of reporting. - Standardize the chart of accounts, processes, and close procedures across the group. - Drive automation and improvement of the ERP / consolidation tooling. - Implement scalable controls that support rapid entity growth and new market entry. Leadership & People - Build, lead, and develop a geographically distributed accounting team. - Set performance standards, mentor talent, and foster a culture of accuracy and accountability. What We Offer You❗ We believe you will love working at Foodics! We offer highly competitive compensation packages, including bonuses and the potential for shares. We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment. Join a talented team of over 30 nationalities working in 14 countries, and gain valuable experience in an exciting industry. We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company. What Are We Looking For❓ Professional accounting qualification (ACA, ACCA, CPA, or equivalent). 10+ years of progressive accounting experience, including significant time at group / consolidation level. Proven experience leading group consolidation for a multinational, multi-entity, multi-currency business. Strong, demonstrable IFRS technical expertise, including IFRS 15 revenue recognition. Audit and/or accounting training gained at a Big Four firm. Fluent, business-level English (written and verbal). Track record of leading and developing finance teams. Authoritative command of IFRS and complex consolidation. Strong analytical skills and process orientation. Effective leadership of distributed teams across cultures and time zones. Resilience and reliability under tight close and audit deadlines. Who Will Excel❓ Experience in SaaS, subscription, or FinTech / regulated financial services businesses. Exposure to GCC / MENA reporting and regulatory environments, particularly KSA. Working knowledge of transfer pricing principles, documentation, and intercompany arrangements. Experience leading or supporting an ERP migration or implementation (e.g. Oracle to SAP). Experience scaling finance operations through rapid growth, fundraising, or M&A.

Responsibilities

Oversee the integrity and accuracy of financial records across a multinational SaaS and FinTech business, focusing on group consolidation and IFRS-compliant reporting. Lead the external audit process and standardize accounting processes across multiple jurisdictions and currencies.