Finance Business Partner KSA

Otis SE; Jeddah; On-site; SAR 650,000 - 1,000,000; Full time

Job summary

Otis Elevator Company Saudi Arabia Ltd seeks a Finance Director to lead the financial management of Otis – Entity in Saudi Arabia. You will oversee budgeting, cash flow, accounting, and policy matters, aligning financial operations with strategic goals and ensuring compliance with regulations.

You will drive annual budgeting, monitor financial performance, liaise with auditors, manage payroll validation, and deliver timely financial reporting across departments to support business growth and

Qualifications

• Experience leading corporate finance in a multinational or local entity.
• Strong understanding of budgeting, forecasting, and financial controls.
• Proven ability to liaise with auditors and regulatory bodies.

Responsibilities

• Acts as strategic financial partner to the GM on financial positioning and policy matters.
• Monitors results, communicates risks and opportunities to management.
• Leads annual budgeting process to align with strategic goals.
• Ensures financial controls, accuracy, and timely reporting.
• Coordinates with internal and external auditors and manages payroll summaries.

Skills

Strategic financial planning

Budgeting & forecasting

Cash flow management

Financial reporting

Job description

Date Posted: 2026-11-06 Country: Saudi Arabia Location: Otis Elevator Company Saudi Arabia Ltd, 11th Floor, Tower B, Zahran Business Center, Prince Sultan Street, Salamah District, Jeddah, Saudi Arabia

The role holder is responsible for leading the financial management of Otis – Entity including highlighting strategic plans, financial budgeting, cash flow, and accounting and policy matters. The role holder identifies unsatisfactory processes and potential performance improvement opportunities within the Finance Department to enable the business productivity. The role holder shall carry out his duties in accordance with the stipulated business policies and procedures.

Core Responsibilities

• Acts as a strategic financial partner to the General Manager on the financial positioning of Otis – Entity, highlighting strategic plans, financial budgeting, cash flow, accounting and policy matters.
• Monitors, interprets and challenges financial results and communicate issues, risks, opportunities and trends, and performance outlook to the management on a timely basis.
• Leads the annual budgeting process for Otis – Entity and its functions in order to ensure that budgeting requirements are aligned to the strategic goals and objective of the organization.
• Monitors the overall financial performance including anticipated costs / revenues, excesses / deficits, areas of unsatisfactory performance and potential performance improvement opportunities to identify risk mitigation strategies.
• Ensures efficient and effective management of Otis – Entity’s finances through all necessary financial controls, systems and processes, and ensures accuracy and integrity of the company’s financial records.
• Liaises with internal and external auditors and ensures that they are provided close cooperation and assistance in the discharge of their responsibilities, including all Otis –KSA’s financial statements and reports.
• Directs all financial accounting activities related to accounts payables, accounts receivables, general ledger and cash management.
• Manages the execution of all financial operations including accounts payables and receivables etc. and ensure delivery of effective service levels to all departments within Otis – Entity.
• Ensures completeness, accuracy and timeliness of all financial reporting including the coordination and completeness of annual audit reviews, and ensuring compliance with all legal and statutory requirements.
• Advices management on any changes in legislation or regulations that may affect Otis - Entity’s business operation.
• Approves and reviews monthly payroll summary report from HR Department and critically evaluate any discrepancies/variances.

Otis is the world’s leading elevator and escalator manufacturing, installation, and service company. We move 2.4 billion people every day and maintain approximately 2.4 million customer units worldwide, the industry's largest Service portfolio. You may recognize our products in some of the world’s most famous landmarks including the Eiffel Tower, Empire State Building, Burj Khalifa and the Petronas Twin Towers! We are 72,000 people strong, including engineers, digital technology experts, sales, and functional specialists, as well as factory and field technicians, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse, global team with a proven legacy of innovation that continues to be the bedrock of a fast-moving, high-performance company.

When you join Otis, you become part of an innovative global industry leader with a resilient business model. You’ll belong to a diverse, trusted, and caring community where your contributions, and the skills and capabilities you’ll gain working alongside the best and brightest, keep us connected and on the cutting edge. We provide opportunities, training, and resources, that build leadership and capabilities in Sales, Field, Engineering and Major Projects and our Employee Scholar Program is a notable point of pride, through which Otis sponsors colleagues to pursue degrees or certification programs. Today, our focus more than ever is on people. As a global, people-powered company, we put people – passengers, customers, and colleagues – at the center of everything we do. We are guided by our values that we call our Three Absolutes – prioritizing Safety, Ethics, Quality in all that we do.

Become a part of the Otis team and help us #Buildwhatsnext!

Otis is An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other protected class according to applicable law. To request an accommodation in completing an employment application due to a special need or a disability, please contact us at [e-mail].

We go to great lengths to hire and develop the best people, and offer a supportive environment where employees are motivated and empowered to perform at their full potential. Today, we continue pushing the boundaries of what's possible to thrive in a taller, faster, smarter world.