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Accountant-Pay Job Description

An Accountant-Pay's day-to-day work in Finance & Accounting centres on Accounting, Compliance and Excel. In the GCC market, this role is actively hired across Saudi with 2 recent postings.

Gulf postings
2
Active markets
1
Typical experience
0-2 years
In brief

An Accountant-Pay in the GCC region requires Excel, communication, analytical, arabic, english. Employers typically expect 0-2 years of experience for Finance & Accounting roles at this level. This role is in demand across the Gulf Cooperation Council countries.

Accountant-Pay salary in the UAE

Median monthly gross in AED for a mid-level Accountant-Pay. See the full breakdown by country and seniority.

25th percentile
16,000
Median
24,500
75th percentile
35,500

Key responsibilities

  • 01The Job in a Nutshell
  • 02Perform daily reconciliation of Merchant Service Fee (MSF) files against merchant payouts and bank statements.
  • 03Record daily financial entries from all accounts associated with merchant operations.
  • 04Reconcile payout transactions, collections, and settlements with corresponding bank statements and payment gateways.
  • 05Investigate and resolve discrepancies in merchant transaction data, settlements, and chargebacks.
  • 06Support in preparing monthly regulatory reports to SAMA and other relevant authorities in a timely manner.
  • 07Ensure compliance with internal controls, accounting policies, and regulatory guidelines.
  • 08Handle merchant financial inquiries and claims related to settlements, collections, and discrepancies.
  • 09Monitor merchant balances and ensure accurate disbursement of payouts.
  • 10Participate in system testing and enhancement projects for FinTech accounting and settlement modules.
  • 11What Are We Looking For❓
  • 12Professional certifications (SOCPA, CMA, CPA) are a plus

Required qualifications

  • : The Job in a Nutshell
  • : What Will You Do❓
  • : Perform daily reconciliation of Merchant Service Fee (MSF) files against merchant payouts and bank statements.
  • : Record daily financial entries from all accounts associated with merchant operations.
  • : Reconcile payout transactions, collections, and settlements with corresponding bank statements and payment gateways.
  • : Investigate and resolve discrepancies in merchant transaction data, settlements, and chargebacks.
  • : Support in preparing monthly regulatory reports to SAMA and other relevant authorities in a timely manner.
  • : Ensure compliance with internal controls, accounting policies, and regulatory guidelines.

Preferred qualifications

  • : Preferred Skills:

Education requirements

  • : Bachelor's degree

Hiring companies we see

  • Foodics

Hired across

  • Saudi Arabia

FAQ

  • What does an Accountant-Pay do in the GCC?

    An Accountant-Pay in the GCC performs core duties related to Excel, communication, analytical, adapted to the regional business environment and regulatory framework.

  • What qualifications do I need to be an Accountant-Pay?

    Typically a Bachelor's degree is required, with 0-2 years of experience in the field.

  • What is the demand for Accountant-Pay in the GCC?

    The role is actively hired across Saudi, with consistent demand from both local and multinational employers.

  • What skills are needed for an Accountant-Pay role?

    Key skills include Excel, communication, analytical, arabic, english, accounting, along with strong communication and teamwork abilities.

  • Do I need Arabic to work as an Accountant-Pay in the GCC?

    Arabic language proficiency is often preferred but not always required. It depends on the employer, sector, and client-facing nature of the role.

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