Finance Manager

Welspun World; Saudi Arabia; On-site; SAR 180,000 - 260,000; Full time

Job summary

Welspun World is seeking a senior finance leader to oversee end-to-end FP&A, governance, and controllership for its KSA operations. You will drive budgeting, forecasting, and performance reviews while ensuring robust controls and statutory compliance.

The role partners with operations, procurement, and commercial teams to evaluate investments, pricing, and cost optimization. Strong IFRS knowledge and SAP experience are preferred; 5–8 years of relevant experience is expected.

Qualifications

• Senior FP&A/finance controller with 5-8 years of progressive experience.
• Manufacturing or industrial sector experience preferred.
• CA/CMA would be an advantage.

Responsibilities

• Lead FP&A, budgeting, forecasting, and long-term planning.
• Prepare monthly management accounts and variance analyses.
• Provide governance, statutory compliance, and controls oversight.
• Partner with operations, procurement, and commercial teams on financial matters.
• Coordinate audits, regulatory reporting, and transfer pricing support.
• Drive continuous improvement in finance processes and reporting quality.
• Support ERP enhancements and digital reporting initiatives.
• Present financial insights to senior management and board.

Skills

FP&A

Budgeting

Forecasting

Management reporting

IFRS knowledge

Advanced Excel

PowerPoint

Stakeholder management

Financial modelling

Communication

Education

Chartered Accountant (CA)

CMA

Tools

SAP

Job description

Support the HOD in managing the end-to-end finance function for KSA operations by driving financial planning & analysis, management reporting, governance, statutory compliance, stakeholder coordination, and finance transformation initiatives while ensuring effective oversight of outsourced accounting operations

Financial Planning & Analysis

Lead annual budgeting, quarterly forecasting, and long-term business planning. Prepare monthly management accounts, variance analysis, and financial performance reviews. Develop financial models to support strategic and operational decision-making. Monitor KPIs: working capital, cash flow, profitability, and capital expenditure.

Management Reporting & Board Support

Prepare Board Packs, Management Committee presentations, and CEO review decks. Deliver timely MIS, business dashboards, and executive reports. Support business reviews with financial insights and actionable recommendations.

Finance Controllership

Oversee outsourced accounting activities performed by the Global Capability Centre (GCC). Review month-end and year-end closing, balance sheet reconciliations, and financial reporting. Ensure compliance with accounting policies, internal controls, and group reporting timelines. Drive continuous improvement in finance processes and reporting quality.

Business Partnering

Partner with operations, procurement, commercial, supply chain, and project teams on financial matters. Evaluate business proposals, pricing, investment decisions, and cost optimisation initiatives. Support strategic initiatives with financial analysis and commercial evaluation.

Governance, Compliance & Audit

Coordinate statutory, internal, tax, and group audits and ensure timely closure of audit observations. Maintain compliance with local regulations, corporate governance requirements, and internal policies. Support implementation and monitoring of internal financial controls.

Regulatory & Corporate Reporting

Coordinate Local Content Certification and reporting requirements. Manage Related Party Transaction documentation and reporting. Support transfer pricing documentation and regulatory disclosures. Coordinate with external consultants and government authorities on finance-related matters.

Treasury & Risk Management

Coordinate insurance renewals, claims, and risk management activities. Support banking relationships, guarantees, letters of credit, and financing documentation. Monitor cash flow forecasts and liquidity requirements.

Ad-hoc Projects

Prepare financial analysis and presentations for senior management and shareholders. Support ERP enhancements, finance automation, and digital reporting initiatives. Lead or participate in cross-functional strategic projects as assigned by the HOD. CA / CMA preferred. 5-8 years of progressive experience in FP&A, finance controllership, or corporate finance. Manufacturing or industrial sector experience preferred. Strong understanding of IFRS, financial controls, budgeting, and management reporting. Experience coordinating with shared service centres (GCC/SSC/BPO) is desirable. Advanced Excel and PowerPoint skills; SAP experience preferred. Excellent analytical, communication, and stakeholder management skills. Ability to work independently in a fast-paced, greenfield manufacturing environment.