Finance Manager

KAFAAT Recruitment; Eastern Province; In loco; SAR 300.000 - 520.000; Tempo pieno

Descrizione del lavoro

KAFAAT Recruitment is assisting a client in Saudi Arabia seeking an experienced Finance Manager to oversee financial operations across property development, management, investments and leasing. The role focuses on budgeting, reporting, cash flow management and strict financial controls to drive performance and value creation.

The ideal candidate will have 7–10 years in finance with at least 3 years in a leadership role, plus strong knowledge of IFRS and Saudi tax regulations.

Competenze

• Bachelor's degree in Finance, Accounting, or related field.
• CPA/CMA/ACCA/CFA certifications preferred depending on background.
• 7–10 years of progressive finance experience, with at least 3 years in leadership.
• Real estate, property development, or investment sector experience preferred.
• Strong knowledge of financial reporting, budgeting, forecasting, cash flow and analysis.

Mansioni

• Oversee financial operations, accounting activities, and internal controls.
• Develop and manage annual budgets, forecasts, and long-term plans.
• Prepare monthly, quarterly, and annual financial statements and reports.
• Monitor cash flow, liquidity, and financial commitments.
• Manage project budgets, cost control, and profitability analysis for real estate.
• Track rental income, lease receivables, and property-level profitability.
• Oversee AP/AR, GL, reconciliations, and month-end closing.
• Evaluate real estate investments, ROI, and financial risks.
• Coordinate with banks, auditors, tax consultants, and external stakeholders.
• Ensure compliance with IFRS, ZATCA, VAT, and Saudi regulations.
• Establish financial policies, reporting systems, and internal controls.

Conoscenze

Financial reporting

Budgeting

Forecasting

Cash flow management

Financial analysis

Excel

ERP/Accounting systems

Leadership

Formazione

Bachelor's degree in Finance/Accounting

CPA/CMA/ACCA/CFA preferred

Strumenti

Microsoft Excel

ERP/Accounting systems

Descrizione del lavoro

One of our clients are seeking an experienced Finance Manager to oversee the financial operations of a real estate company, ensuring effective financial planning, budgeting, reporting, cash flow management, and financial control. The successful candidate will be responsible for managing financial performance across property development, property management, real estate investments, and leasing activities, while ensuring compliance with applicable accounting standards.

Key Responsibilities:

• Oversee the company's financial operations, accounting activities, and internal financial controls.
• Develop and manage annual budgets, financial forecasts, and long-term financial plans.
• Prepare and analyze monthly, quarterly, and annual financial statements and management reports.
• Monitor cash flow, working capital, liquidity, and financial commitments.
• Manage project budgets, cost control, profitability analysis, and financial performance for real estate developments.
• Monitor rental income, lease receivables, collection performance, operating expenses, and property-level profitability.
• Oversee accounts payable, accounts receivable, general ledger, bank reconciliations, and month-end closing.
• Evaluate real estate investments, project feasibility, return on investment (ROI), and financial risks.
• Coordinate with banks, financial institutions, auditors, tax consultants, and other external stakeholders.
• Ensure compliance with applicable IFRS requirements, Zakat, Tax and Customs Authority (ZATCA) regulations, VAT, and other relevant Saudi financial regulations.
• Establish and improve financial policies, procedures, reporting systems, and internal control processes.
• Support management in strategic decision-making, investment planning, financing arrangements, and business expansion.
• Supervise, develop, and evaluate the performance of the finance and accounting team.

Qualifications:

• Bachelor's degree in Finance, Accounting, or a related field.
• Professional certifications such as CPA, CMA, ACCA, or CFA are preferred, depending on the candidate's background.
• Minimum 7–10 years of progressive experience in finance and accounting, preferably within the real estate, property development, property management, or investment sectors.
• At least 3 years of experience in a finance leadership or managerial position.
• Strong knowledge of financial reporting, budgeting, forecasting, cash flow management, and financial analysis.
• Experience in real estate project costing, property profitability, rental income, and investment feasibility.
• Proficiency in Microsoft Excel and ERP/accounting systems.
• Proven experience in leading finance teams and presenting financial insights to senior management.