Finance Manager

Top Notch Consultancy; Jeddah; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading F&B company in Jeddah is seeking an experienced Finance Manager to lead its finance department. This role involves financial planning, reporting, and risk management while fostering a strong financial culture. The ideal candidate will have a Bachelor's degree in Finance or Accounting, 5-7 years of experience in financial management, and strong communication skills in both English and Arabic. This position is located in Saudi Arabia, with a focus on collaboration across departments.

Qualifications

• 5-7 years of progressive experience in financial management.
• Understanding of corporate finance, accounting, financial reporting, and analysis.
• Proficient in English & Arabic and already based in KSA.

Responsibilities

• Assist in the development of the company's financial strategies and budgets.
• Oversee the preparation of accurate financial statements.
• Monitor and manage the company's cash flow effectively.
• Support decision-making through financial planning and scenario planning.
• Build a strong financial culture within the company.

Skills

Financial analysis

Risk management

Leadership

Communication

Team collaboration

Education

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

Tools

Financial software tools (e.g., ERP systems, Excel)

Job description

Our client, a leading F&B company in Jeddah, KSA, is seeking an experienced and dynamic Finance Manager to lead their Finance department.

Responsibilities

• Financial Planning and Analysis
  • Assist in the development of the company's financial strategies, forecasts, and budgets.
  • Perform financial analysis to support decision-making, including trend analysis, margin analysis, cost control, and profitability reviews.
  • Provide reports on financial performance and key performance indicators (KPIs) to senior leadership and the board.
  • Monitor and analyze financial results to ensure alignment with organizational goals.
• Financial Reporting and Compliance
  • Oversee the preparation of accurate and timely financial statements (balance sheet, income statement, cash flow).
  • Ensure compliance with accounting standards, tax regulations, and corporate policies.
  • Liaise with external auditors and manage the audit process to ensure the company meets regulatory requirements.
  • Assist with the preparation of year-end financial reports and other regulatory filings.
• Cash Flow Management
  • Monitor and manage the company's cash flow to ensure operational needs are met, including working capital.
• Strategic Business Support
  • Support decision-making through financial planning, cost-benefit analysis, and scenario planning.
  • Collaborate with other departments to drive cost efficiencies and operational improvements.
  • Provide financial insights to assist in strategic planning, pricing models, and long-term business forecasting.
• Team Leadership
  • Help build a strong financial culture within the company that encourages transparency, accountability, and growth.
• Risk Management
  • Identify financial and operational risks and develop strategies to mitigate them.
  • Ensure adherence to internal controls and financial policies.
  • Work closely with internal and external stakeholders to ensure a balanced approach to risk and reward.

Required Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 5-7 years of progressive experience in financial management.
• Understanding of corporate finance, accounting, financial reporting, and analysis.
• Experience with financial forecasting, budgeting, and financial software tools (e.g., ERP systems, Excel).
• Knowledge of tax regulations, corporate governance, and risk management.
• Leadership, communication, and interpersonal skills.
• Ability to work collaboratively across various functions and levels of the organization.
• Proficient in English & Arabic and already based in KSA.