Finance Manager

ALMA Investment Holding; Al Maathar Municipality; On-site; SAR 180,000 - 220,000; Full time

Job summary

A financial services company seeks a Financial Manager to oversee financial operations, ensuring compliance with regulations and alignment with strategic goals. This role involves budgeting, forecasting, financial analysis, and leading the finance team to support business growth and profitability. A bachelor's degree and 7 years of relevant experience are required, with strong knowledge of IFRS/GAAP preferred.

Qualifications

• Minimum of 7 years of relevant experience in finance or accounting.
• At least 3 years in a managerial role.
• Strong knowledge of financial regulations and reporting standards (IFRS/GAAP).

Responsibilities

• Develop and implement financial strategies, policies, and procedures.
• Prepare, monitor, and manage budgets and forecasts.
• Analyze financial performance and provide recommendations.
• Ensure compliance with financial regulations and reporting standards.
• Lead and mentor the finance and accounting team.

Skills

Analytical Thinking

Attention to Detail

Leadership

Communication

Time Management

Decision-Making

Technical Proficiency

Integrity

Problem-Solving

Strategic Thinking

Education

Bachelor’s degree in Finance or Accounting

Master’s degree or professional certifications (CPA, CMA, CFA)

Tools

Financial software (e.g., SAP, Oracle)

Job description

Job Summary

The Financial Manager is responsible for overseeing the company’s financial operations, ensuring accuracy in reporting, compliance with regulations, and alignment with the company’s strategic goals. This role involves budgeting, forecasting, financial analysis, risk management, and leading the finance team to support business growth and profitability.

Key Responsibilities

• Develop and implement financial strategies, policies, and procedures.
• Prepare, monitor, and manage budgets and financial forecasts.
• Analyze financial performance and provide recommendations to improve profitability and cost-efficiency.
• Oversee financial reporting including income statements, balance sheets, and cash flow statements.
• Ensure compliance with financial regulations and international accounting standards (e.g., IFRS, GAAP).
• Supervise accounting operations and ensure accurate and timely month-end and year-end closing processes.
• Manage relationships with banks, auditors, tax authorities, and other stakeholders.
• Monitor and assess financial risks, and develop strategies to mitigate them.
• Lead and mentor the finance and accounting team.
• Support senior management in strategic planning and investment decisions.

Qualifications and Experience

• Bachelor’s degree in Finance, Accounting, or a related field (Master’s degree or professional certifications such as CPA, CMA, CFA are preferred).
• Minimum of 7 years of relevant experience in finance or accounting, with at least 3 years in a managerial role.
• Strong knowledge of financial regulations and international financial reporting standards (IFRS/GAAP).
• Proficiency in financial software and ERP systems.
• Excellent analytical and problem-solving skills.
• Proven leadership and team management capabilities.
• Experience in financial modeling and strategic planning is a plus.

Skills

• Analytical Thinking: Ability to interpret complex financial data and translate it into actionable insights.
• Attention to Detail: High level of accuracy in preparing and analyzing financial reports.
• Leadership: Strong leadership skills to guide and develop the finance team.
• Communication: Excellent verbal and written communication skills for reporting and stakeholder engagement.
• Time Management: Ability to prioritize tasks and meet tight deadlines.
• Decision-Making: Confident in making sound financial decisions that align with company objectives.
• Technical Proficiency: Advanced Excel skills and experience with financial software/ERP systems (e.g., SAP, Oracle).
• Integrity: High ethical standards and professionalism when dealing with sensitive financial information.
• Problem-Solving: Ability to identify issues quickly and develop effective solutions.
• Strategic Thinking: Capacity to align financial management with broader business goals.