Finance Manager

Confidential Careers; Riyadh; On-site; SAR 300,000 - 420,000; Full time

Job summary

Confidential Careers in Riyadh is seeking a seasoned Finance Manager to oversee financial and accounting operations, ensuring accurate reporting and strong internal controls in a fast-paced business environment.

The role partners with senior management and cross-functional teams to drive performance, optimize processes, and provide strategic financial insights for decision-making in Saudi Arabia.

Qualifications

• Bachelor's degree in Accounting or Finance is required.
• Professional accounting certification such as ACCA, CPA, CMA, SOCPA, ACA or equivalent is mandatory.
• 8–10 years of relevant experience in finance and accounting, including managerial responsibilities.
• Strong knowledge of IFRS and applicable accounting standards is essential.
• Extensive experience in financial reporting, budgeting, forecasting, and cash flow management.
• Proficient in Saudi tax regulations, VAT, ZATCA, and statutory compliance.
• ERP systems experience, especially Oracle Fusion, is highly advantageous.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong Arabic and English communication skills are required.

Responsibilities

• Oversee the preparation and accuracy of monthly, quarterly, and annual financial statements and management reports.
• Manage month-end and year-end closing processes, ensuring timely and accurate financial reporting.
• Monitor financial performance, analyze variances, and provide actionable insights to management.
• Oversee budgeting, forecasting, cash flow management, and financial planning activities.
• Ensure proper management of the balance sheet, including reconciliations and fixed assets.
• Supervise AP/AR/GL and general accounting operations; ensure internal controls.

Skills

Analytical skills

Communication skills

Arabic & English proficiency

Problem-solving

Education

Bachelor's degree in Accounting or Finance

ACCA/CPA/CMA/SOCPA/ACA or equivalent

Tools

ERP systems (Oracle Fusion)

Job description

The Finance Manager will be responsible for overseeing the company's financial and accounting operations, ensuring accurate financial reporting, regulatory compliance, effective financial controls, and sound financial management.

The role requires a commercially minded finance professional with strong technical accounting expertise and business acumen, capable of driving process improvements, challenging financial results, and providing strategic financial insights to support management decision-making.

The Finance Manager will work closely with senior management and cross-functional departments to ensure financial efficiency, transparency, and alignment with the company's business objectives.

Key Responsibilities

• Oversee the preparation and accuracy of monthly, quarterly, and annual financial statements and management reports.
• Manage month-end and year-end closing processes, ensuring timely and accurate financial reporting.
• Monitor financial performance, analyze variances, and provide actionable insights to management.
• Oversee budgeting, forecasting, cash flow management, and financial planning activities.
• Ensure proper management of the company's balance sheet, including reconciliations, accruals, provisions, and fixed assets.

2. Accounting Operations & Internal Controls

• Supervise daily accounting operations, including Accounts Payable (AP), Accounts Receivable (AR), General Ledger (GL), and fixed assets.
• Ensure compliance with IFRS and applicable accounting standards.
• Establish, review, and enhance financial policies, procedures, and internal control frameworks.
• Ensure accurate account reconciliations and appropriate financial documentation.
• Identify accounting risks and discrepancies and implement corrective actions.

3. Compliance, Tax & Audit

• Ensure compliance with Saudi financial, tax, and regulatory requirements, including VAT and ZATCA regulations.
• Coordinate with external auditors and support internal audit activities.
• Ensure timely completion of statutory financial reporting and audit requirements.
• Maintain appropriate financial records and ensure adherence to regulatory obligations.

4. Business & Commercial Support

• Provide financial analysis and recommendations to support business decisions and operational performance.
• Work closely with Operations, Supply Chain, HR, and other departments to ensure effective financial planning and cost control.
• Oversee project and contract accounting, including revenue recognition and project financial performance.
• Evaluate financial risks, investigate cost variances, and identify opportunities for operational and financial improvements.
• Support management in evaluating business performance, financial risks, and investment decisions.
• Lead, supervise, and develop the finance and accounting team.
• Establish clear performance objectives and ensure effective task allocation and accountability.
• Drive continuous improvement and automation of finance processes.
• Promote a culture of financial discipline, transparency, and accountability across the organization.

Qualifications & Requirements:

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional accounting certification such as ACCA, CPA, CMA, SOCPA, ACA, or equivalent is mandatory.
• 8–10 years of relevant experience in finance and accounting, including substantial experience in a Finance Manager or similar managerial position.
• Previous experience in a commercial or business environment.
• Strong knowledge of IFRS and applicable accounting standards.
• Extensive experience in financial reporting, budgeting, forecasting, cash flow management, and financial closing.
• Strong understanding of AP, AR, GL, fixed assets, accruals, provisions, and balance sheet management.
• Experience in project/contract accounting and revenue recognition is highly preferred.
• Good knowledge of Saudi tax regulations, VAT, ZATCA, and statutory compliance.
• Strong ERP systems experience; Oracle Fusion experience is a significant advantage.
• Proven experience dealing with external auditors and supporting internal audit requirements.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong communication skills in both Arabic and English.