Finance Manager

Confidential; Al Khobar; On-site; SAR 300,000 - 550,000; Full time

Job summary

Confidential is seeking an experienced Finance Manager to lead our retail finance operations, driving month-end close, IFRS compliance, and robust internal controls across reporting, reconciliations, and statements.

You will partner with Commercial, Supply Chain, and Digital teams to monitor channel performance, margins, OPEX, and working capital, while coaching and developing a high-performing finance team through ERP-driven process improvements.

Qualifications

• Bachelor's degree in accounting or finance.
• Professional accounting qualification preferred (CPA/ACCA/CMA).
• 10–12 years of finance and accounting experience in retail, consumer, e-commerce, or large commercial org.
• Strong IFRS knowledge and internal controls.
• Experience with ERP systems and financial reporting tools.
• Advanced Excel and financial analysis skills.
• Experience leading finance teams.
• Retail and e-commerce exposure required.

Responsibilities

• Lead month- and year-end closing and IFRS-compliant reporting.
• Oversee journal reviews, reconciliations, and financial statements.
• Partner with Commercial, Supply Chain and Digital teams to track performance and margins.
• Manage inventory accounting, stock provisions, and COGS variances.
• Monitor daily liquidity, cash flow forecasting, and vendor payments.
• Support budgeting, forecasting, and variance analysis with the Finance Director.
• Drive ERP enhancements and automation to strengthen controls.

Skills

IFRS knowledge

Financial reporting

Team leadership

ERP systems

Excel

Financial analysis

Retail finance

E-commerce finance

Education

Bachelor's degree in Accounting, Finance, or related field

CPA/ACCA/CMA or equivalent

Job description

We are looking for an experienced Finance Manager to lead our retail finance operations.

Key Responsibilities:

• Financial Reporting & Closing: Lead month/year-end closing, ensure full IFRS compliance, and oversee journal reviews, reconciliations, and financial statements.
• Retail & E-Commerce Business Support: Partner with Commercial, Supply Chain, and Digital teams to track channel performance, sales, gross margins, and OPEX.
• Inventory & Cost Control: Oversee inventory accounting, stock provisions/write-offs, and POS-to-GL reconciliations while investigating COGS variances.
• Cash Flow & Treasury Management: Monitor daily liquidity, support cash flow forecasting, manage working capital, and align vendor payments with cash plans.
• Budgeting & Variance Analysis: Assist the Finance Director in annual budgeting, long-term forecasting, and performance-to-budget tracking.
• Tax & Regulatory Compliance: Ensure accuracy for VAT/statutory filings, manage external audit processes, and adhere to local regulatory requirements (ZATCA).
• Team Leadership & Development: Direct and mentor the finance team, set clear performance objectives, and build a culture of accuracy and accountability.
• Process Improvement & Automation: Drive ERP enhancements, automate manual workflows, and strengthen internal reporting controls.
• Key Deliverables & Success KPIs: Closing & Reporting Accuracy, Inventory & COGS Integrity, Optimized Cash Flow, Audit & Tax Compliance, and Operational Efficiency.

Essential Qualifications & Skills:

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional qualification such as CPA, ACCA, CMA, or equivalent is preferred.
• 10–12 years of relevant finance and accounting experience, preferably within retail, consumer, e-commerce, or a large commercial organization.
• Strong experience in financial reporting, accounting, reconciliations, controls, and month-end closing.
• Previous experience managing and developing finance teams.
• Strong knowledge of IFRS and financial controls.
• Experience working with ERP systems and financial reporting tools.
• Strong Excel and financial analysis skills.
• Retail and e-commerce experience is a must.