Finance Manager (Must have strong expertise in IFRS 15 and IAS 38)

Avensys Consulting; Saudi Arabia; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading consulting firm in Saudi Arabia is seeking a Finance Manager to lead the finance function for a growing IT SME. This role demands strong expertise in IFRS 15 and IAS 38, alongside 8+ years of relevant experience. The ideal candidate will manage financial statements, budgeting, and compliance while collaborating with business leaders to drive profitability. Competitive salary and benefits offered.

Benefits

Excellent base salary

Attractive company benefits

Collaborative work environment

Career progression opportunity

Qualifications

• 8+ years of experience in project-based accounting.
• Strong expertise in IFRS 15 and IAS 38.
• Proven ability to build finance processes in growing organizations.

Responsibilities

• Lead timely month-end closes and financial reporting.
• Manage project accounting frameworks for IT projects.
• Drive budgeting, forecasting, and financial analysis.

Skills

Expertise in IFRS

Project accounting

Budgeting and forecasting

Financial analysis

Bilingual in English and Arabic

Education

Bachelor's degree in Finance, Accounting or related field

Tools

Financial systems (Odoo experience a plus)

Job description

Finance Manager (Must have strong expertise in IFRS 15 and IAS 38)

Global Talent Acquisition Consultant -Technical Lead | APAC & EMEA |

Avensys is a reputed global IT professional services company headquartered in Singapore. Our service spectrum includes enterprise solution consulting, business intelligence, business process automation and managed services. Given our decade of success, we have evolved to become one of the top trusted providers in Singapore and service a client base across banking and financial services, insurance, information technology, healthcare, retail and supply chain.

We are currently looking to hire a Finance Manager

About the Role

We're seeking an experienced Finance General Manager to lead the end-to-end finance function for a growing Saudi-based SME specializing in IT infrastructure projects (IFRS 15 focused) and software products (IAS 38 focused). This critical role reports directly to the CEO and balances hands-on accounting leadership with strategic business partnership.

Key Responsibilities

• Lead timely month-end closes, financial reporting, and IFRS-compliant financial statements
• Manage project accounting frameworks (IFRS 15 %-of-completion) for IT infrastructure projects
• Establish capitalization policies (IAS 38) for software product development costs
• Drive budgeting, forecasting, and financial analysis to support business decisions
• Optimize cash flow, working capital, and treasury management
• Ensure compliance with ZATCA, VAT, Zakat, and KSA regulatory requirements
• Build scalable finance processes, controls, and governance frameworks for growth
• Partner with business leaders to monitor performance and drive profitability
• Bachelor's degree in Finance, Accounting or related field
• 8+ years of experience in project-based accounting (IT infrastructure, engineering) and/or software products
• Strong expertise in IFRS, particularly IFRS 15 and IAS 38
• Proven ability to build finance processes from scratch in growing organizations
• Hands-on experience with financial systems (Odoo experience a plus)
• Bilingual proficiency in English and Arabic (written and spoken)
• SOCPA, IFRS Certification, CPA or CMA preferred

WHAT’S ON OFFER

You will be remunerated with an excellent base salary and entitled to attractive company benefits. Additionally, you will get the opportunity to enjoy a fun and collaborative work environment, alongside a strong career progression.

To submit your application, please apply online or email your UPDATED CV in Microsoft Word format to [e-mail]. Your interest will be treated with strict confidentiality.

CONSULTANT DETAILS

Consultant Name: Mohammad Ahsan

EA Licence 12C5759

Privacy Statement: Data collected will be used for recruitment purposes only. Personal data provided will be used strictly in accordance with the relevant data protection law and Avensys' personal information and privacy policy.