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Finance Lead - Aftermarket

TechnipFMC

Dammam

On-site

SAR 200,000 - 300,000

Full time

26 days ago

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Job summary

TechnipFMC is seeking a financial manager for its aftermarket division in Saudi Arabia. This role involves overseeing financial operations, ensuring compliance with accounting standards, and supporting project managers. The ideal candidate will have a strong accounting background, familiarity with IFRS, and excellent analytical skills.

Qualifications

  • Solid accounting knowledge, especially in revenue & margin recognition.
  • Experience in project accounting preferred.
  • Familiarity with IFRS and strong Excel skills required.

Responsibilities

  • Manage operations relating to the aftermarket division.
  • Prepare monthly forecasts and manage project costing.
  • Ensure compliance with financial standards and regulations.

Skills

Accounting knowledge
Financial analysis
Interpersonal skills
Analytical skills
Communication skills

Education

Accounting qualification

Tools

Microsoft Excel
ERP systems (SAP)

Job description

TechnipFMC is committed to driving real change in the energy industry. Our ambition is to build a sustainable future through relentless innovation and global collaboration – and we want you to be part of it. You’ll be joining a culture that values curiosity, expertise, and ideas as well as diversity, inclusion, and authenticity. Bring your unique energy to our team of more than 20,000 people worldwide, and discover a rewarding, fulfilling, and varied career that you can take in anywhere you want to go.

Job Purpose

This role will be an integral member of the team based in Saudi Arabia with responsibility for the overall management of the operations relating to the aftermarket division in Saudi Arabia. This role accepts full responsibility for the period-end close process relating to the aftermarket division. The role will require strong financial support and application of accounting governance; having a good grasp of accounting standards relating to revenue recognition is a key requirement. The individual will ensure compliance with local Saudi Arabia legal and regulatory requirements. This role also requires working closely with the operations team of the aftermarket division to ensure that the KPIs and operational performance targets are achieved.

Job Description
  1. Business Partner to the project and functional managers with regards to project costing, forecasting, budget preparation & reporting.
  2. Support the Sr Finance manager in miscellaneous activities (monthly reporting preparation, ad hoc financial analysis, forecast…).
  3. Manage forecasting of revenue, margin, and invoicing for the whole Aftermarket business on a monthly basis.
  4. Identify, investigate, and analyze potential operational improvements as appropriate.
  5. Lead change activity in the business ensuring benefits are delivered.
  6. Identify, investigate, and analyze any cost overruns on the aftermarket division.
  7. Maximize the cash flow and performance of the aftermarket division by implementing strong financial controls.
  8. Maintain compliance with company financial standards and participate in external and internal audits.
  9. Prepare monthly forecasts for the legal entity focusing on Aftermarket.
  10. Perform balance sheet reconciliations, quarterly balance sheet, and P&L review.
  11. Review the utilization of all assets and ensure proper asset utilization.
  12. Review and control bank payments, invoices, etc.
Must Have

You are meant for this job if:

  1. You possess an accounting qualification with solid accounting knowledge—particularly revenue & margin recognition over time, invoicing, cash flow, and working capital. Experience in project accounting, ideally within a manufacturing environment, is preferred.
  2. You are familiar with International Financial Reporting Standards (IFRS) and possess strong Microsoft Excel skills.
  3. Knowledge of ERP systems (SAP) would be advantageous.
  4. You have good interpersonal, communication, and analytical skills.
  5. You are a self-starter, team player, motivated, and capable of working independently.

We celebrate diversity and promote an inclusive environment. TechnipFMC is committed to equal opportunities for all, respecting the rights and dignity of everyone we work with, and adhering to internationally recognized human rights principles.

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