Finance Manager (KSA)

XAD Technologies; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A dynamic finance firm based in Saudi Arabia is seeking an experienced Finance Manager to oversee financial operations, ensure compliance with KSA VAT laws, and manage relationships with local banks. The ideal candidate will have over 5 years of experience in corporate finance and a deep understanding of the banking system in Saudi Arabia. This role offers competitive salary and benefits along with professional growth opportunities.

Benefits

Competitive salary and benefits

Opportunities for professional growth

Supportive work environment

Qualifications

• 5+ years of experience in financial management, focusing on corporate finance and VAT in Saudi Arabia.
• Proven experience in obtaining and managing loans from KSA-based banks.
• Strong knowledge of KSA VAT laws and tax regulations.

Responsibilities

• Manage financial operations including budgeting, forecasting, and financial planning.
• Collaborate with local banks to secure loans and manage financing needs.
• Ensure VAT compliance and prepare VAT returns in line with KSA VAT laws.

Skills

Corporate finance expertise

Financial reporting

Negotiation skills

Advanced Excel

Education

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

CFA, ACCA, or CPA certifications

Tools

Financial software

Job description

Job Advertisement: Finance Manager (Based in KSA)

We are looking for an experienced and highly skilled Finance Manager who is currently residing in Saudi Arabia. The ideal candidate should have extensive experience in corporate finance, particularly in securing loans and managing financial operations through banks. A deep understanding of KSAs banking system, VAT regulations, and the documentation requirements of the KSA government is essential. Additionally, having a strong network within local banks and financial institutions will be a key asset.

Key Responsibilities:

• Oversee and manage the companys financial operations, including budgeting, forecasting, and financial planning.
• Collaborate with local banks to secure company loans, manage financing needs, and maintain effective financial liquidity.
• Build and maintain strong relationships with KSA-based financial institutions and banks to ensure smooth financial transactions.
• Prepare and organize all documentation required to secure bank loans, ensuring full compliance with KSA banking regulations.
• Ensure VAT compliance, including timely preparation and submission of VAT returns in line with KSA VAT laws.
• Manage internal audits and coordinate with external auditors, ensuring that all financial records are accurate and compliant with regulations.
• Handle all necessary documentation for financial reporting and ensure compliance with KSA government requirements.
• Provide strategic financial guidance and support to senior management for key business decisions.
• Manage cash flow, company investments, and mitigate financial risks.
• Keep updated with KSAs local tax laws and financial reporting standards, ensuring the company is always compliant with changing regulations.

Qualifications:

• Bachelors degree in Finance, Accounting, or a related field. CFA, ACCA, or CPA certifications are an advantage.
• 5+ years of experience in financial management, with a focus on corporate finance, banking, and VAT management in Saudi Arabia.
• Proven experience in obtaining and managing loans from KSA-based banks.
• Strong knowledge of KSA VAT laws, tax regulations, and local financial documentation requirements.
• Experience in working with government agencies for audit and compliance purposes.
• Excellent negotiation, communication, and financial reporting skills.
• Proficient in financial software and advanced Excel skills.
• Ability to manage multiple tasks, work under pressure, and meet deadlines.

What We Offer:

• Competitive salary and benefits.
• Opportunities for professional growth within a dynamic and growing company.
• A supportive and collaborative work environment.