Finance Manager For Saudi Arabia

Welspun World; Saudi Arabia; On-site; SAR 450,000 - 750,000; Full time

Job summary

Welspun World in Dammam (KSA) seeks a senior finance leader to manage end-to-end FP&A, governance, and finance transformation across KSA operations. You will drive budgeting, forecasting, and financial planning, deliver management reporting and board materials, and oversee outsourced accounting with a focus on process improvement and strong controls.

The role partners with operations, procurement, and commercial teams to drive financial insight and value across the business.

Qualifications

• CA/CMA preferred with professional accounting qualification.
• 58 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.

Responsibilities

• Lead FP&A, budgeting, forecasting, and long‑term planning.
• Prepare monthly management accounts, variance analysis, and reports.
• Oversee outsourced accounting activities and financial reporting.
• Partner with operations, procurement, commercial, supply chain and project teams.
• Coordinate audits, compliance, and internal controls.
• Support ERP enhancements, finance automation, and digital reporting.
• Drive continuous improvement in finance processes and reporting quality.
• Prepare board packs, MIS, dashboards, and executive presentations.

Skills

Analytical skills

Communication

Stakeholder management

Education

CA / CMA

Tools

Excel

PowerPoint

SAP

Job description

Location : Dammam - Industrial Area III Saudi Arabia

Purpose of the Role

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.

Key Responsibilities

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.

Desired Candidate Profile

• CA / CMA preferred.
• 58 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.