For the latest updates, you can join our WhatsApp group.
The Minister of Human Resources and Social Development, Ahmed Al-Rajhi, issued a ministerial decision to localize the accounting professions in the private sector that employ 5 or more workers with accounting professions at a rate of 30%.
The decision aims to provide decent job opportunities for qualified national cadres in the labor market, and to promote productive and sustainable localization.
The decision to localize the accounting professions aims to provide more than 9,800 job opportunities. Where many accounting professions were targeted, most notably: (Accounts Manager, Director of Zakat and Taxes Department, Director of Financial Reports Department, Director of General Auditing Department, Internal Auditor, Cost Accountant) and others.
Saudi accountants must obtain professional accreditation from the Saudi Organization for Accountants, and for the calculation of the Saudi accountant, his wages should not be less than 6 thousand riyals for holders of bachelors and 4.5 thousand riyals for diploma holders.