Finance Manager - Telecommunications | Saudi Arabia

Rawaj HCM Jobs; Riyadh; On-site; SAR 600,000 - 900,000; Full time

Job summary

A leading telecommunications company in Saudi Arabia is seeking a Finance Manager to oversee all financial operations and ensure compliance with regulatory standards. In this role, you will handle financial planning, budgeting, and reporting, while also managing a finance team. The ideal candidate has over 8 years of experience in finance within corporate environments and possesses strong leadership and analytical skills. This position is critical for driving the company’s growth and profitability.

Qualifications

• Minimum of 8 years of experience in finance or accounting, preferably in telecommunications.
• Strong knowledge of IFRS and Saudi financial regulations.
• Proven experience managing financials for medium to large organizations.
• Experience in telecommunications or large-scale corporate environments is desirable.
• Strong knowledge of IFRS and Saudi financial regulations.

Responsibilities

• Oversee all financial operations and reporting.
• Manage daily financial operations, including accounts payable and receivable.
• Develop financial strategies aligned with company objectives.
• Ensure compliance with IFRS and Saudi regulatory requirements.
• Lead audit processes and liaise with external auditors and regulators.

Skills

Strong leadership skills

Excellent analytical abilities

Strong communication skills in Arabic and English

Financial reporting

Arabic & English communication

Education

Bachelor’s degree in Finance, Accounting, Business Administration or related field

Master’s, CPA, or CMA (preferred)

Job description

Leverage your expertise and join the dynamic team of a leading Saudi telecommunications company.

As a Finance Manager, you will oversee all financial operations, ensuring compliance with regulatory standards, optimizing financial performance, and supporting strategic decision-making to drive the company’s growth and profitability.

Key Accountabilities

The position involves:

• Oversee all aspects of financial planning, budgeting, and forecasting to ensure accurate and timely financial reporting.
• Manage daily financial operations, including accounts payable, receivable, general ledger, and cash flow management.
• Develop and implement financial strategies aligned with the company’s objectives, considering a business scale of approximately SAR 300 million turnover.
• Ensure compliance with Saudi regulatory requirements, IFRS standards, and internal control procedures.
• Prepare and analyze financial statements, performance reports, and variance analysis for management and board review.
• Monitor and manage financial risks, including loan portfolios (approx. SAR 500 million) and capital structure, ensuring financial stability.
• Oversee asset management and utilization efficiency for assets valued at approximately SAR 500 million.
• Collaborate with cross-functional teams to align financial goals with operational and strategic initiatives within the telecommunications environment.
• Lead audit processes and liaise with external auditors and regulatory bodies to ensure full compliance and transparency.
• Optimize cost structures, enhance operational efficiency, and identify opportunities for financial improvement.
• Lead, mentor, and develop the finance team to ensure high performance and continuous professional growth.

Knowledge, Skills, and Experience

We are Looking for:

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field (Master’s, CPA, or CMA is preferred).
• Minimum of 8 years of progressive experience in finance or accounting, preferably within the telecommunications or large-scale corporate environments.
• Strong knowledge of IFRS and Saudi financial regulations.
• Proven experience managing financials for medium to large organizations (turnover, assets, and loans of significant scale).
• Strong leadership skills with a track record of managing and developing finance teams.
• Excellent analytical, problem-solving, and strategic thinking abilities.
• Strong communication and presentation skills in both Arabic and English.
• Ability to work under pressure, manage multiple priorities, and meet strict deadlines with high accuracy.