Finance Associate – Riyadh KSA

Aspen Holdings; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading pharmaceutical company in Riyadh is seeking a Finance Associate to ensure accurate budgeting and cost reporting while supporting the Finance team with various tasks. The role requires a Bachelor’s degree in finance or similar, along with 2-5 years of relevant experience in the MENA region, preferably in the pharmaceuticals or FMCG sectors. Strong Excel skills and knowledge of ERP systems are essential, alongside proactive problem-solving abilities.

Qualifications

• 2-5 years of relevant experience, preferably in the Pharmaceuticals, FMCG in MENA Region.

Responsibilities

• Maintain Debit notes and tracker updates.
• Ensure correct booking & payment on time as per the Authority matrix.
• Submit monthly Expense reports with periodic variance analysis.
• Serve as point of contact for distributors regarding outstanding payments.
• Coordinate with finance team and Tax team.
• Manage third-party accounts and audit requirements.

Skills

Excel – Advanced

PowerPoint – Good working knowledge

ERP – Good working knowledge

Education

Bachelor’s in finance, accounting or equivalent (CA, ACCA, CIMA, CGMA)

Job description

ROLE PURPOSE

The Finance Associate is required to ensure that all costs are correctly budgeted and captured, making sure all stakeholders are aligned with the reporting of costs. In addition, to support the commercial Finance function with ad‑hoc tasks.

RESPONSIBILITIES

• Maintaining Debit notes and tracker updates.
• Seeking approvals as per the Authority matrix, ensuring correct booking & payment on time.
• Monthly Expense reports submission to cost centre owners, along with periodic variance analysis.
• Point of contact for all distributors – outstanding payments in terms of reasons for non‑settlement.
• Coordinate with the finance team, Tender team and Aspen TESS team.
• Coordinate with the Tax team and ZATCA (Saudi tax authority) and Zakat.
• Track and process all monthly payments with Tess, Rent, utilities, team expenses, etc, for RHQ.
• Process payment on the distributor system other than payroll (OPEX, Expenses, etc).
• Manage third‑party accounts.
• Managing Audit requirements & Tax compliance for KSA entity.
• Ad‑hoc tasks supporting the commercial & Finance teams with projects in the region.

EDUCATION QUALIFICATIONS AND EXPERIENCE

• Bachelor’s in finance, accounting or any degree/diploma equivalent to Finance (CA, ACCA, CIMA, CGMA)
• 2‑5 years of relevant experience, preferably in the Pharmaceuticals, FMCG in MENA Region

TECHNICAL SKILLS

• Excel – Advanced
• PowerPoint – Good working knowledge
• ERP – Good working knowledge

KEY ATTRIBUTES

• Information seeking
• Business analysis and Financial skills
• Proactive
• Result oriented
• Active listening
• Informal communication skills
• Team player
• Ethical conduct
• High Standards
• Technical/Professional knowledge
• Honesty

ASPEN COMPETENCIES

BUSINESS

• Accountability/Ownership
• Performance Driven

PEOPLE

• Communicate Effectively
• Capacity for and resistance to Stress

SELF

• Continuously Grow & Develop
• Capacity for and resistance to Stress

At Aspen, our culture is built on core values that drive our success and foster a supportive, innovative environment. We value Teamwork, where diverse perspectives and skills come together to enhance creativity and problem‑solving. Innovation is at our core, as we continually seek better ways to achieve our goals and remain at the forefront of our industry. We demonstrate Commitment by exceeding expectations and building long‑term relationships, while always striving for Excellence in everything we do. Our foundation of Integrity ensures that honesty, ethical behavior, and accountability guide our decisions. By proceeding with this job application, we understand that you share these values, and we look forward to reviewing your application and engaging with you further.

Location: Riyadh