Finance Manager – Treasury, FP&A & Commercial Finance

Wafi Energy Saudi Arabia | Official Licensee of Shell; Riyadh; On-site; SAR 240,000 - 360,000; Full time

Job summary

Wafi Energy Saudi Arabia, the official Shell licensee, is seeking a senior finance leader to report to the CFO and collaborate with senior management on financial performance, liquidity optimization, and governance. You will drive annual budgeting, rolling forecasts, and multi-year modelling while overseeing treasury operations and critical reporting.

The role requires 6–8+ years in finance, professional qualifications, and strong communication skills to translate insights to executives.

Qualifications

• 6–8+ years of progressive finance experience.
• Bachelor’s degree in Finance, Accounting, or a related field.
• Professional qualification such as ACCA, CPA, SOCPA, CIMA, or ACA.
• Experience in retail, fuel retail, FMCG, e-commerce, or multi-site environments.
• Strong financial modelling, Excel, Power BI, and ERP skills.
• Excellent communication and interpersonal skills, with the ability to effectively communicate financial insights to senior management and key stakeholders.
• Fluent in English, with strong written and verbal communication skills.

Responsibilities

• Lead annual budgeting, quarterly forecasting, and multi-year financial modelling.
• Develop executive management reports, KPI dashboards, and variance analysis.
• Oversee treasury operations, cash positioning, liquidity management, and banking relationships.
• Develop rolling cash-flow forecasts to optimize working capital and capital requirements.
• Lead commercial finance and investment evaluation, including DCF, IRR, and Payback analysis.
• Evaluate new retail site acquisitions, CAPEX projects, and commercial opportunities.
• Oversee month-end closing, journal approvals, and balance-sheet reconciliations.
• Analyze site-level P&L and unit economics across fuel and non-fuel revenue streams.
• Partner with operations to identify opportunities to improve margins, cost structures, and profitability.
• Act as a key point of contact for external auditors and support statutory reporting requirements.

Skills

Financial modelling

Excel

Power BI

ERP systems

Education

Bachelor's degree in Finance or Accounting

ACCA/CPA/SOCPA/CIMA/ACA

Tools

Power BI

ERP systems

Job description

About role

This is a key finance leadership role, reporting directly to the Chief Financial Officer (CFO) and partnering closely with senior management to drive financial performance, liquidity optimization, commercial decision-making, and strong financial governance.

Key Responsibilities

• Lead annual budgeting, quarterly forecasting, and multi-year financial modelling.
• Develop executive management reports, KPI dashboards, and variance analysis.
• Oversee treasury operations, cash positioning, liquidity management, and banking relationships.
• Develop rolling cash-flow forecasts to optimize working capital and capital requirements.
• Lead commercial finance and investment evaluation, including DCF, IRR, and Payback analysis.
• Evaluate new retail site acquisitions, CAPEX projects, and commercial opportunities.
• Oversee month-end closing, journal approvals, and balance-sheet reconciliations.
• Analyze site-level P&L and unit economics across fuel and non-fuel revenue streams.
• Partner with operations to identify opportunities to improve margins, cost structures, and profitability.
• Act as a key point of contact for external auditors and support statutory reporting requirements.

Qualifications

• 6 – 8+ years of progressive finance experience
• Bachelor’s degree in Finance, Accounting, or a related field
• Professional qualification such as ACCA, CPA, SOCPA, CIMA, or ACA
• Experience in retail, fuel retail, FMCG, e-commerce, or multi-site environments
• Strong financial modelling, Excel, Power BI, and ERP skills
• Excellent communication and interpersonal skills, with the ability to effectively communicate financial insights to senior management and key stakeholders
• Fluent in English, with strong written and verbal communication skills