Finance Operations & Cost Control Lead

Larsen & Toubro Limited; Riyadh; On-site; SAR 100,000 - 167,000; Full time

Job summary

Larsen & Toubro Limited in Riyadh invites an experienced accounting professional to supervise day-to-day finance activities, maintain accurate books, ensure compliance with internal policies and statutory requirements, and contribute to robust financial governance.

The role involves coordinating with project teams on cost allocation, reviewing supplier invoices, monitoring receivables, supporting month-end closes and cash-flow forecasting, preparing MIS reports, assisting audits, and mentoring

Responsibilities

• Supervise and coordinate day-to-day accounting and finance activities.
• Maintain accurate books of accounts and financial records.
• Handle accounts payable, accounts receivable, general ledger, and bank transactions.
• Review and process supplier invoices, payment requests, and supporting documents.
• Monitor customer receivables and follow up on outstanding payments.
• Prepare and review monthly closing activities and financial reports.
• Reconcile bank accounts, supplier accounts, customer accounts, and general ledger balances.
• Monitor project-wise expenses, costs, and budgets.
• Coordinate with project/site teams regarding cost allocation, invoices, expenses, and supporting documents.
• Verify subcontractor and supplier invoices against contracts, purchase orders, work orders, and approvals.
• Assist in project cost control and budget monitoring.
• Support preparation of cash-flow statements and payment forecasts.
• Ensure proper documentation and filing of accounting records.
• Assist with internal and external audits and provide required financial information.
• Ensure compliance with company accounting policies, procedures, and applicable statutory requirements.
• Coordinate with procurement, commercial, HR, and project teams for finance-related matters.
• Identify accounting discrepancies and ensure timely resolution.
• Prepare MIS and other financial reports as required by management.
• Supervise junior accounting staff and allocate daily accounting tasks.

Job description

Larsen & Toubro Limited in Riyadh invites an experienced accounting professional to supervise day-to-day finance activities, maintain accurate books, ensure compliance with internal policies and statutory requirements, and contribute to robust financial governance.

The role involves coordinating with project teams on cost allocation, reviewing supplier invoices, monitoring receivables, supporting month-end closes and cash-flow forecasting, preparing MIS reports, assisting audits, and mentoring