Finance Manager

Black & Grey HR; Jeddah; On-site; SAR 180,000 - 300,000; Full time

Job summary

Black & Grey HR is seeking an experienced Finance Manager to oversee finance operations across a multi-site retail environment in Saudi Arabia. The role emphasizes strengthening controls, streamlining reporting, and partnering with operations to enable timely decision-making.

Key tasks include budgeting, forecasting, cash flow management, audits coordination, and driving finance transformation initiatives. The successful candidate will lead a finance team and ensure regulatory compliance while

Qualifications

• 8+ years of progressive experience in accounting/finance, preferably in large retail/FMCG or multi-site organizations.
• Strong knowledge of IFRS, financial reporting, and internal controls.
• Experience with VAT/ZATCA and regulatory requirements in Saudi Arabia.

Responsibilities

• Oversee day-to-day finance operations and ensure accurate, timely financial reporting.
• Lead budgeting, forecasting, cash flow management, and management reporting.
• Coordinate internal and external audits and support governance activities.
• Drive process improvements across finance operations to increase efficiency.
• Collaborate with store operations and business teams to improve financial discipline and reporting.
• Support ERP implementation, automation, and finance transformation initiatives.
• Provide insights and analyses to support business decisions.
• Lead, develop, and manage the finance team with accountability.
• Ensure compliance with policies, controls, and regulatory requirements.
• Support growth and governance in a transforming organization.

Skills

Financial analysis

Budgeting & forecasting

Financial reporting

Internal controls & risk management

Stakeholder management

Leadership & team management

Accounting principles (IFRS)

Education

Bachelor’s degree in Accounting or Finance

CPA/ACCA/CMA/SOCPA or equivalent

Tools

SAP

ERP systems

Microsoft Excel

Job description

Role Overview

We are seeking an experienced Finance Manager to oversee finance operations within a large-scale, multi-site retail environment in Saudi Arabia. The role requires a proactive finance professional who can streamline processes, improve reporting efficiency, strengthen financial controls, and work closely with business and operations teams to support timely decision-making.

Key Responsibilities

• Lead day-to-day finance operations and ensure accurate and timely financial reporting.
• Manage budgeting, forecasting, financial planning, cash flow, working capital and management reporting.
• Oversee audit activities and coordinate effectively with internal and external stakeholders.
• Drive process improvements across finance operations, identifying bottlenecks and implementing faster, more efficient ways of working.
• Work closely with store operations and business teams to improve financial discipline, reporting and operational efficiency.
• Support ERP, automation and finance transformation initiatives to improve processes and data visibility.
• Monitor financial performance and provide management with relevant insights to support business decisions.
• Lead, develop and manage the finance team, ensuring accountability and timely delivery.
• Ensure compliance with company policies, financial controls and applicable regulatory requirements.
• Support the organisation through a period of growth, transformation and increased reporting and governance requirements.

Industry Background

• Experience in retail, FMCG or another large-scale, multi-site business is preferred.
• Experience working across multiple stores, branches, entities or business units will be highly valued.

Core Compentencies:

8+ years of progressive experience in accounting and finance, preferably within a large retail, FMCG, multi-site, or diversified organization.

• Strong knowledge of IFRS, accounting principles, financial reporting, and financial controls.
• Good knowledge of Saudi Arabia's VAT, ZATCA, taxation, and applicable financial regulatory requirements.
• Strong understanding of budgeting, forecasting, financial analysis, cash flow, working capital, and cost management.
• Strong experience in account reconciliation, month-end/year-end closing, audit coordination, and financial reporting.
• Good knowledge of ERP systems and financial applications, preferably SAP or equivalent.
• Advanced Microsoft Excel and strong financial reporting and data analysis skills.
• Ability to analyze financial information, identify trends and variances, and provide practical business recommendations.
• Strong understanding of internal controls, segregation of duties, authority matrices, and risk management.
• Strong communication, interpersonal, negotiation, and stakeholder management skills.
• Ability to manage multiple priorities, meet strict deadlines, and work effectively in a fast-paced retail environment.
• High level of integrity, confidentiality, accuracy, and attention to detail.

Education

Bachelor's degree in accounting, Finance preferable with relevant certifications such as CPA, ACCA, CMA, SOCPA, or equivalent is preferred.

Location

Jeddah, Saudi Arabia