Director - Finance

The Red Sea Development Company; Saudi Arabia; On-site; SAR 450,000 - 900,000; Full time

Job summary

Amrak Facilities Management Company, a Red Sea Global subsidiary, seeks an experienced Finance Director to lead the finance department in Saudi Arabia. The role requires strong IFRS knowledge, GAAP expertise, and membership in a professional body such as ACCA/ACA/CIMA.

You will oversee budgeting, reporting, tax compliance, and internal controls to support strategic growth. Based in Saudi Arabia, this full-time position offers leadership of a skilled finance team and collaboration with

Qualifications

• Bachelor’s or Master’s degree in Accounting or Finance.
• Minimum 15 years in management accounting or related field.
• Excellent knowledge of GAAP and IFRS with professional body membership.

Responsibilities

• Coordinate finance team activities to align with project plans and policies.
• Lead budgeting, forecasting, and variance analysis for accuracy and improvements.
• Prepare IFRS-compliant financial statements and reports for management.
• Ensure tax compliance and timely tax returns, with strong internal controls.

Skills

Financial analysis

Leadership

IFRS knowledge

Education

Bachelor’s / Master’s degree in Accounting or Finance

Tools

ERP systems

Job description

Company: Amrak Facilities Management Company

Join Amrak Facilities Management – A Red Sea Global Company!

Amrak Facilities Management Company,a subsidiary of Red Sea Global, is a premier provider of world-class facilities management solutions, setting a new standard of excellence in the industry.

Driven by a commitment to operational excellence and shaping the future of FM, Amrak attracts, retains, and empowers top-tier talent to collaborate seamlessly with RSG’s world-class destinations and communities.

We deliver exceptional, sustainable, and professional services that not only meet but exceed industry standards, ensuring the seamless operation and maintenance of facilities.

Our focus on best-in-class standards and a highly skilled, experienced workforce allows us to preserve, enhance, and reinforce RSG’s brand identity while supporting long-term, both now and into the future.

The roles are based full time in Saudi Arabia.

Working with Red Sea Global allows you to align your professional goals with your personal values, making your work not just a job but a meaningful contribution to a better future for the planet and its inhabitants. It's a chance to be part of something bigger than yourself and leave a positive legacy for generations to come.

Job Purpose:

• We are looking for a highly skilled and experienced Finance Director to lead our finance department at Amrak Facilities Management Company, an in-house Facilities Management (FM) company.
• The ideal candidate will have strong knowledge of financial management, be familiar with the Facilities Management Sector and have extensive knowledge of IFRS (International Financial Reporting Standards) and hold membership in a relevant professional body (such as ACCA, ACA, CIMA).

Job Responsibilities:

• Coordinate the activities of the Facility Management team to ensure that all work is carried out efficiently, in line with the strategic project management plans, policies and procedures.
• Serve as a role model to ensure employees’ awareness and commitment to Amrak vision, mission, values, fundamentals and corporate strategy to establish a highly engaged and motivated human resources, and continuously improve performance
• Budgeting & Forecasting: Lead the budgeting and forecasting processes, monitoring actual performance against budget, and providing detailed analysis and recommendations for improvements.
• Analyzing and creation of financial statements to ensure accuracy and compliance with generally accepted accounting practices.
• Identifying potential cash flow problems and financial irregularities.
• Liaising with department heads to ensure that each department remains within budget.
• Accurately preparing tax returns and ensuring that company taxes are paid in a timely manner.
• Supervising and providing overall guidance to account clerks as well as junior accounting staff.
• Providing regular updates to management regarding company finances
• Ensuring that the company maintains compliance with accounting legislation.
• Setup/Build and develop Accounting Operation Team & supervise them.
• Reporting:
• Withholding Tax and VAT Return Filing and prepare Financial Report and monthly closing.
• Financial Strategy:
• Develop and implement the company’s financial strategies, ensuring alignment with business goals and growth objectives.
• Oversee the preparation of monthly, quarterly, and annual financial statements in compliance with IFRS standards. Ensure accurate and timely reporting of financial performance to senior management and stakeholders.
• Cash Flow Management:
• Manage the company’s cash flow, ensuring the business has sufficient liquidity to meet operational needs and strategic initiatives.
• Internal Controls & Compliance:
• Establish and maintain strong internal controls, ensuring compliance with all financial regulations, accounting standards, and company policies.
• Identify financial risks and develop strategies to mitigate them, ensuring the company’s financial stability.
• Oversee the implementation and maintenance of financial systems and software to ensure accurate and efficient financial processes.
• Lead and mentor the finance team, fostering a collaborative and high-performance environment. Ensure the team is equipped with the skills and resources necessary to succeed.
• Stakeholder Engagement:
• Liaise with internal and external auditors, tax advisors, and other key stakeholders to ensure smooth audits and compliance with tax regulations.
• Business Case Support:
• Lead or support special financial projects as needed, such as acquisitions, cost/ value or financial modeling.

Qualification/Experience:

• Bachelor’s / Master’s degree in Accounting or Finance or similar.
• A minimum of 15 years of relevant experience in Management Accounting related field.
• Excellent knowledge of accounting regulations and procedures, including the Generally Accepted Accounting Principles (GAAP)
• Hold membership in a relevant professional body (such as ACCA, ACA, CIMA, CPA).

Skills:

• Deep understanding of financial principles, practices, and regulations
• Strong analytical skills with the ability to interpret complex financial data and provide actionable insights.
• Excellent leadership and team management abilities.
• Proficiency in financial software and systems; experience with ERP systems is a plus
• Strong communication and presentation skills, with the ability to clearly convey financial information to non-financial stakeholders.

Job Context:

• All departments including but not limited to Admin, Legal, Finance, Projects, Procurements, Marketing, Audit, etc.