Finance Lead - Aftermarket 1

TechnipFMC; Dammam; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading company in Saudi Arabia seeks a finance professional to manage operations within the aftermarket division. This position plays a critical role in financial governance, reporting, and compliance, requiring a strong accounting background and effective interpersonal skills. The role involves collaboration with various teams to enhance performance and ensure legal compliance.

Qualifications

• Solid accounting knowledge especially in revenue and margin recognition.
• Experience in project accounting, preferably in manufacturing.
• Familiarity with IFRS required.

Responsibilities

• Manage forecasting of revenue, margin, invoicing for aftermarket business.
• Comply with local legal requirements and internal controls.
• Lead change activities for operational improvements.

Skills

Analytical Skills

Interpersonal Skills

Communication Skills

Self-starter

Team Player

Education

Accounting Qualification

Tools

Microsoft Excel

ERP Systems (SAP)

Job description

Job Purpose

This role will be an integral member of the team based in Saudi Arabia, responsible for the overall management of operations related to the aftermarket division in Saudi Arabia. The role accepts full responsibility for the period-end close process related to the aftermarket division. It requires strong financial support and application of accounting governance, with a good understanding of accounting standards related to revenue recognition. The individual will ensure compliance with local Saudi Arabia legal and regulatory requirements. Additionally, this role involves working closely with the operations team of the aftermarket division to ensure that KPIs and operational performance targets are achieved.

Job Description

• Business Partner to project and functional managers regarding project costing, forecasting, budget preparation, and reporting.
• Support the Senior Finance Manager in activities such as monthly reporting, ad hoc financial analysis, and forecasting.
• Manage forecasting of revenue, margin, and invoicing for the entire aftermarket business on a monthly basis.
• Identify, investigate, and analyze potential operational improvements.
• Lead change activities within the business to ensure benefits are realized.
• Identify, investigate, and analyze any cost overruns in the aftermarket division.
• Maximize cash flow and performance of the aftermarket division by implementing strong financial controls.
• Ensure compliance with company financial standards and participate in internal and external audits.
• Prepare monthly forecasts for the legal entity focusing on the aftermarket division.
• Perform balance sheet reconciliations and review quarterly balance sheets and P&L statements.
• Review and control bank payments, invoices, etc.

You are meant for this job if:

Must have:

• An accounting qualification. Solid accounting knowledge is required, especially in revenue and margin recognition over time, invoicing, cash flow, and working capital. Experience in project accounting, preferably within a manufacturing environment.

• Familiarity with International Financial Reporting Standards (IFRS) and strong Microsoft Excel skills.

• Knowledge of ERP systems (SAP) is advantageous.

• Good interpersonal, communication, and analytical skills.

• Must be a self-starter, team player, motivated, and capable of working independently.