Finance Manager

Globe 24-7; Jeddah; On-site; SAR 150,000 - 200,000; Full time

Job summary

A global staffing firm is seeking an experienced Arabic Finance Manager to oversee financial operations in Jeddah. The ideal candidate will manage financial reporting, payroll, and compliance in accordance with Saudi regulations. With 2-5 years of experience in financial roles, particularly in mining or heavy industry, you will support budgeting processes and treasury management. A competitive remuneration package is offered for this critical role within the KSA operations.

Benefits

Competitive remuneration package

Qualifications

• 2–5 years of financial experience required.
• Experience in mining, construction, or heavy industry preferred.
• Proven experience in payroll management and financial controls.

Responsibilities

• Manage all finance and accounting functions for KSA operations.
• Prepare financial statements, ensure IFRS compliance.
• Oversee payroll processing and compliance with regulations.
• Lead budgeting and forecasting for KSA operations.

Skills

Financial Management

Payroll Management

Financial Analysis

Accounting Compliance

Budgeting

Cash Flow Management

Education

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

Job description

Overview

Globe 24-7 in partnership with a key client are working together to source experienced and qualified Arabic Finance Manager for their office in Jeddah.

Responsibilities

Financial Management & Reporting

• Manage all finance and accounting functions for the company’s KSA operations.
• Prepare accurate and timely financial statements, including profit & loss, balance sheet, and cash flow statements.
• Ensure compliance with IFRS and Saudi financial regulations.
• Provide financial analysis, insights, and recommendations to senior management.

Payroll Management

• Oversee and manage end-to-end payroll processing for all KSA employees.
• Ensure payroll compliance with Saudi Labor Law, GOSI, and statutory deductions.
• Maintain accurate payroll records and coordinate with HR on employee changes, benefits, and terminations.
• Reconcile payroll accounts and resolve discrepancies in a timely manner.

Accounting Records – KSA Format

• Maintain and manage financial records in accordance with KSA statutory requirements.
• Ensure proper documentation, filing, and retention of financial records in the required KSA format.

Budgeting, Forecasting & Cost Control

• Lead the annual budgeting and financial planning process for KSA operations.
• Monitor actual performance against budget and provide variance analysis.
• Support project and exploration cost tracking, control, and reporting.
• Provide financial forecasts and scenario analysis to support strategic decision-making.

Treasury & Cash Flow Management

• Manage cash flow, banking relationships, and financial transactions.
• Monitor working capital and ensure sufficient liquidity for operations.
• Oversee payments to suppliers, contractors, and service providers.
• Implement financial risk management and internal controls.

Liaison with Parent Company

• Act as the primary finance contact between the KSA entity and the parent company.
• Provide regular financial updates, reports, and analyses to the parent company finance team.
• Align local financial practices with group policies and reporting requirements.
• Support group consolidation and audit processes as required.

Support for Potential Joint Venture (JV) Company

• Support financial planning and structuring for a potential JV company in KSA.
• Assist in setting up financial systems, policies, and reporting frameworks for the JV.
• Liaise with parent company finance managers regarding JV financial operations, budgeting, and governance.
• Provide financial insights and recommendations related to JV feasibility and performance.

The Requirements

Education

• Bachelor’s degree in Finance, Accounting, or related field.
• Arabic speaking

Experience

• 2–5 years financial experience
• Experience in mining, construction, or heavy industry is highly preferred.
• Proven experience in payroll management, statutory reporting, and financial controls.

Rewards

The position offers a competitive remuneration package.

Contact Us

Please apply directly by submitting your resume, preferably as a Microsoft Word document.