CFO – Financial Controller (Regulated Role) - Associate

0507 Deutsche Bank Aktiengesellschaft, Filiale Riad; Riyadh; On-site; SAR 90,000 - 130,000; Full time

Job summary

A leading bank in Saudi Arabia is looking for a finance professional to support the Head of Finance in Riyadh. The position involves managing audits, regulatory compliance, and ensuring accurate financial reporting. The ideal candidate will have strong accounting expertise and a proactive approach, along with opportunities for development and flexible working arrangements.

Benefits

Life Insurance

Permanent Partial Disability Insurance

Private Medical Insurance

Flexible working arrangements

30 days paid annual leave

Qualifications

• 2-3 years post-qualification experience or 4-5 years relevant finance experience.
• Experience managing audits and liaising with banking regulators.
• Ability to analyze operational and product booking risks.

Responsibilities

• Liaise with SAMA and manage audits.
• Handle regulatory returns and month-end close processes.
• Ensure internal controls are in place.

Skills

Product accounting knowledge

Operational risk analysis

Finance systems proficiency

Interpersonal skills

Proactive initiative

Education

Recognized accounting qualification

Relevant finance experience

Tools

SAP

Janus

BCS

FIM

Job description

Deutsche Bank in the MEA region has expanded, and an opportunity has arisen in the Group Finance function in our Kingdom of Saudi Arabia (KSA) office.

This position involves supporting the Head of Finance, KSA (based in Riyadh), in providing comprehensive Finance support under the Regional Finance function to the main businesses in KSA: Corporate Banking and Wealth Management.

The direct reporting line is to the Head of Finance, KSA.

What we will offer you :

We are committed to creating a healthy, engaged, and well-supported workforce that can do their best work and enjoy a balanced life. Our environment focuses on your development and wellbeing.

You can expect :

• Life Insurance
• Permanent Partial Disability Insurance
• Private Medical Insurance for you, your spouse, and dependent children
• Flexible working arrangements
• 30 days of paid annual leave, plus public holidays and flexible working options
• DB contributions to the Employee Workplace Savings "Gosy" plan (for Saudi nationals only)

Your key responsibilities :

• Demonstrate solid banking and markets finance experience with hands-on expertise in areas such as:
• Liaising with the main banking regulator SAMA
• Managing external and internal audits, resolving issues promptly, and coordinating with relevant parties
• Handling regulatory and taxation returns, including reviewing monthly, quarterly, and annual tax submissions
• Controlling the month-end close process, ensuring accurate revenue and cost bookings, and liaising with front office and operational staff in Riyadh
• Facilitating month-end balance sheet substantiation (MRP) as a secondary finance owner
• Ensuring internal controls are in place by liaising with business management and infrastructure functions
• Supporting the completion of new product approval risk assessments for new business initiatives
• Providing onshore KSA coverage for core finance roles

Your skills and experience :

• Strong product accounting knowledge for vanilla markets and banking products
• Ability to analyze and communicate operational or product booking risks and propose solutions
• Proficiency with finance systems (SAP, Janus, BCS, FIM) and data standards
• Recognized accounting qualification with 2-3 years post-qualification experience (total 5-6 years), or 4-5 years relevant finance experience without qualification
• Excellent interpersonal and communication skills to support multi-functional relationships
• Proactive, with a hands-on approach and capacity for initiative

How we’ll support you :

• Flexible working arrangements to balance personal priorities
• Coaching and support from experienced team members
• A culture of continuous learning and career progression
• Tailored flexible benefits
• Training and development opportunities