--- title: 'Showroom Accountant at SOUM' canonical: 'https://feeny.ai/job/showroom-accountant-soum-riyadh-e5bqd6ta03m6' type: 'job' last_seen: '2026-09-08' --- # Showroom Accountant at SOUM - **Company:** SOUM - **Location:** Riyadh, Saudi Arabia - **Employment:** full-time - **Work type:** onsite - **Posted:** 2026-09-02 - **Last confirmed live:** 2026-09-08 - **Apply:** https://jobs.lever.co/soum/9b8d5955-0f64-4086-8bcb-32dde7f94194 ## Job description Work Week: Sunday - Thursday Location: Riyadh, Saudia- On-site Work Timings: 9 AM - 6 PM (Saudi Arabian Time Zone) ## About Us 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. Roles & Responsibilities Cash, Bank & Receipts - 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. Inventory - 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. Recording & VAT - 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. Suppliers & Reconciliations - 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. Month-End Close - 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. Communication & Coordination - 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. Process Improvement - 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. ## Requirements - 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. Why Join Soum? - 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. ## About SOUM ## Company Overview - **One-liner**: Soum is a re-commerce marketplace platform based in Saudi Arabia that enables individuals and businesses to buy and sell pre-owned goods—starting with electronics and expanding into automobiles and collectibles—with guaranteed, end-to-end transaction support. - **Entity Type**: Private (Series A) - **Headquarters**: Riyadh, Saudi Arabia - **Founded**: 2021 - **Founders**: Bader Almubarak (CEO), Fahad Al Hassan, Fahad Albassam ## Core Business - **Primary industry**: Internet Marketplace Platforms / Re-commerce - **Target customers**: B2C (individual buyers and sellers), B2B (small businesses via Merchant App), and B2B2C (telecom/retail partners with bulk-selling options) - **Mission or purpose statement**: "Build a marketplace that enables users to buy and sell anything online with convenience, trust, and ease starting in the MENA market." ## Products & Services - **Peer-to-Peer Marketplace**: A platform for individuals to list and sell second-hand electronics, used cars, and collectibles. Soum manages the entire transaction cycle including listing approval, logistics coordination, payment holding, and delivery guarantee. - **Merchant App**: A dedicated tool for small businesses to sell faster and reach a wider audience through the Soum marketplace. - **Bulk-Selling Solutions for Partners**: Tailored services for telecom and retail partners (e.g., bulk inspections, warehouse management, optimal returns) for high-volume inventory. - **AI-Powered Platform Features**: Personalized recommendations, dynamic pricing, predictive analytics, and fraud detection models deployed across the marketplace. ## Market Standing - **Valuation/Market Cap**: Not disclosed - **Total Funding**: $22M USD to date - **Notable Investors**: Jahez Group (lead, Series A), Isometry Capital (New York-based), Al Rajhi Partners, Khwarizmi Ventures, Outliers Venture Capital - **Growth Signals**: - 10th most downloaded e-commerce app in KSA in 2023 - Over 5 million app downloads - 10,000+ active listings at any given time - 30,000+ new listings every month - Facilitated hundreds of thousands of transactions across 150+ locations in Saudi Arabia - Headcount grew +10.3% YoY (90 employees as of latest data) - Expanding into UAE and other MENA markets, and testing new categories (used cars, collectibles) ## Competitive Advantages - **Trust & Safety Moat**: Proprietary fulfillment and payment systems hold funds until the buyer confirms delivery—reducing fraud risk in a high-friction category (used goods). - **Full-Stack Marketplace**: Unlike pure listing platforms, Soum manages pre-approval of listings, logistics, and payment escrow, creating a controlled, consistent user experience. - **AI Integration**: Uses machine learning for recommendations, dynamic pricing, and fraud detection, making the platform smarter and safer as it scales. - **First-Mover in MENA Re-commerce**: Dominant position in Saudi Arabia’s second-hand electronics market with a trusted brand and strong local logistics network. ## Strategic Focus - Geographic expansion across the MENA region, starting with the United Arab Emirates - Category expansion beyond electronics into automobiles and collectibles - Extending return windows (from 24 hours to a week or month) to increase buyer confidence - Scaling the merchant and partner programs to drive B2B revenue - Continued investment in AI/ML to improve personalization, pricing, and fraud detection ## Why Work Here - **Culture**: Soum describes itself as looking for "innovators, the hungry, the go-getters" and offers autonomy to experiment, learn, fail, and grow. The team is called "Soumers" and has worked across 14+ countries from the US to South Korea. - **Remote/Hybrid Policy**: Mixed. Many roles are remote (e.g., Cairo-based positions), but some roles (e.g., Senior Compliance Officer, Operations roles) are on-site in Riyadh or Jeddah. The company has offices in Riyadh and Cairo. - **Global & Diverse Team**: 90 employees spread across 8 countries (Saudi Arabia, Egypt, Pakistan, UAE, South Korea, Nigeria, Uzbekistan, US). Engineering and product teams are distributed. - **Engineering Culture**: AI/ML is core to the product; they deploy models for recommendations, dynamic pricing, predictive analytics, and fraud detection. The technical team makes up ~12% of headcount. - **Growth Trajectory**: High-growth startup (10%+ YoY headcount growth, expanding geographies and categories) offering significant ownership and impact. - **Compensation**: Senior Software Engineer roles reported at ~SAR 128,877/month. Overall employer rating is 3.7/5 (19 reviews on LinkedIn), with Culture rated 3.6 and Career growth rated 3.5. - **AI in Hiring**: Soum discloses that they use AI tools to support parts of the hiring process (reviewing applications, analyzing resumes, identifying signals), but final decisions are made by humans. ## Sources 1. [soum.sa](https://soum.sa) 2. [jobs.lever.co/soum](https://jobs.lever.co/soum) 3. [linkedin.com/company/soum-sa](https://linkedin.com/company/soum-sa) 4. [techcrunch.com](https://techcrunch.com/2023/12/20/soum-18m-series-a-funding/) 5. [cbinsights.com](https://www.cbinsights.com/company/soum) 6. [builtin.com](https://builtin.com/company/soum) ## Other roles at SOUM - [B2C Sales Team Lead — Cars](https://feeny.ai/job/b2c-sales-team-lead-cars-soum-remote-nxz70y3ygf06) - [Inventory & Pricing Analyst](https://feeny.ai/job/inventory-pricing-analyst-soum-cairo-ydm5xxmpxjn3) — Cairo, Egypt - [Car Inspector](https://feeny.ai/job/car-inspector-soum-riyadh-7ywe6d08nv3a) — Riyadh, Saudi Arabia - [Logistics Specialist](https://feeny.ai/job/logistics-specialist-soum-riyadh-hyee12vy4ns8) — Riyadh, Saudi Arabia - [Finance Operations Associate / Accountant](https://feeny.ai/job/finance-operations-associate-accountant-soum-remote-wastrhafb082) - [Senior Recruiter](https://feeny.ai/job/senior-recruiter-soum-cairo-1xaa61x3wqpg) — Cairo, Egypt - [Automotive Content Creator](https://feeny.ai/job/automotive-content-creator-soum-riyadh-e0eskm8m0f0p) — Riyadh, Saudi Arabia - [Key Accounts Manager](https://feeny.ai/job/key-accounts-manager-soum-riyadh-t094pq55cmvr) — Riyadh, Saudi Arabia - [Operations Manager — Electronics Vertical](https://feeny.ai/job/operations-manager-electronics-vertical-soum-riyadh-m6rg0j95cbmj) — Riyadh, Saudi Arabia - [B2B Salesman](https://feeny.ai/job/b2b-salesman-soum-riyadh-s9j2k9f8k3at) — Riyadh, Saudi Arabia