Finance Manager

confidential; Jeddah; On-site; SAR 90,000 - 130,000; Full time

Job summary

A leading manufacturing firm in Jeddah seeks a Finance Manager to manage financial planning, accounting, and compliance with regulations. The ideal candidate should have 8–15 years of experience in finance within the manufacturing industry, with a strong focus on costing and budgeting. The role requires excellent leadership and communication skills, and familiarity with Saudi fiscal regulations. Competitive benefits and strategic role in a dynamic environment await the successful applicant.

Qualifications

• 8–15 years experience in Finance & Accounts, with at least 3–5 years in Manufacturing Industry.
• Strong background in costing, budgeting, and management reporting.
• Knowledge of Saudi VAT, WHT, ZATCA regulations.

Responsibilities

• Develop annual budgets, forecasts, and financial plans aligned with business objectives.
• Supervise accounting teams for AP/AR, GL, Payroll, and Fixed Assets.
• Manage product costing, BOM calculations, and production cost variance analysis.

Skills

Strategic financial mindset

Leadership & team management

Analytical thinking

Excellent communication

Proficiency in MS Excel

Education

Professional certifications (CA / CPA / CMA / ACCA)

Tools

SAP

Oracle

Job description

Job Title: Finance Manager

Location: Jeddah, Saudi Arabia

Industry: Manufacturing (Metals, Plastics, Industrial Products)

Department: Finance & Accounts

Reports To: CEO / General Manager / Board

Job Summary

The Finance Manager will lead and manage the financial planning, accounting, reporting, and commercial functions of the manufacturing facility. The role ensures financial discipline, cost control, profitability improvement, budgeting accuracy, and compliance with company policies and local regulations. The position works closely with operations, procurement, sales, and top management to support business growth and strategic decisions.

Key Responsibilities

Financial Planning & Strategy

• Develop annual budgets, forecasts, and financial plans aligned with business objectives.
• Monitor financial performance and provide variance analyses with corrective recommendations.
• Advise management on investment, expansion, and profitability strategies.

Accounting & Reporting

• Supervise accounting teams for AP/AR, GL, Payroll, and Fixed Assets.
• Ensure month-end and year-end closing processes are completed accurately and on time.
• Prepare financial statements in accordance with IFRS and internal reporting structures.

Costing & Manufacturing Finance

• Manage product costing, BOM calculations, and production cost variance analysis.
• Support cost reduction initiatives across materials, operations, and overheads.
• Work closely with production and procurement to control wastage, optimize inventory, and improve working capital.

Commercial & Controls

• Implement internal financial controls, audit compliance, and risk management practices.
• Oversee banking, treasury, LCs, supplier payments, collections, and cash flow planning.
• Manage insurance, tax filings (ZATCA / VAT / WHT), and regulatory compliance.

ERP & Systems

• Enhance ERP utilization for finance, costing, and reporting (SAP/Oracle/ERP systems preferred).
• Ensure system-driven financial discipline and transparency.

Skills

Qualifications & Experience

• Professional certifications preferred: CA / CPA / CMA / ACCA Basketball
• 8–/ver>15 years experience in Finance & Accounts, with at least 3–5 years in Manufacturing Industry (Metals, Plastics, Building Materials, Industrial Products).
• Strong background in costing, budgeting, and management reporting.
• Knowledge of Saudi VAT, WHT, ZATCA regulations.
• Experience in handling audits, tax matters, and banks.

Skills & Competencies

• Strategic financial mindset with hands‑on execution.
• Leadership & team management capabilities.
• Analytical thinking and data‑driven decision‑making.
• Excellent communication & stakeholder management.
• Proficiency in MS Excel & ERP systems.