Finance Policies Development Consultant

Manzumh; Riyadh; Remote; SAR 250,000 - 350,000; Full time

Job summary

A company specializing in financial consulting is seeking an experienced Financial Management Policies and Procedures Development Consultant to enhance its financial policies in line with Saudi regulations. The role requires a minimum of 10 years of experience in financial management and strong consulting skills within Saudi Arabia. Responsibilities include reviewing financial policies, ensuring compliance, and enhancing internal controls. This position allows for remote work with some onsite visits.

Qualifications

• 10+ years of experience in financial management policies.
• Strong understanding of Saudi regulations and accounting standards.
• Proven consulting experience in Saudi Arabia.

Responsibilities

• Review and update financial management policies.
• Evaluate compliance with regulatory standards.
• Provide recommendations for improving governance.

Skills

Financial management policies

Internal controls

Risk management

Budgeting

Accounting standards (IFRS)

Analytical skills

Tools

ERP systems (SAP, Oracle)

Job description

We are seeking to engage an experienced Financial Management Policies and Procedures Development Consultant to review, update, and enhance the organization’s financial policies, procedures, and manuals in line with best practices, Saudi regulatory standards, and sound governance principles.

Scope of Work

• Review and assess the current financial management policies, procedures, and manuals, including budgeting, accounting, payments, and financial reporting.
• Evaluate compliance with applicable regulatory, accounting, and internal control standards.
• Develop and update policies and procedures that strengthen financial governance, transparency, and operational efficiency.
• Provide recommendations to improve internal controls, risk management, and financial compliance.
• Deliver updated and professionally formatted policy and procedure manuals ready for management approval.
• Conduct awareness or training sessions with relevant finance and accounting teams to ensure proper implementation.

Qualifications and Experience Required

• Minimum of 10 years of proven experience in developing, reviewing, and implementing financial management policies and procedures.
• Demonstrated consulting experience with organizations in Saudi Arabia (please include project references if available).
• Strong understanding of accounting standards (IFRS), budgeting, treasury operations, accounts payable/receivable, and internal controls.
• Advanced documentation, analytical, and policy drafting skills in Arabic and English.
• Familiarity with Saudi regulations, Ministry of Finance guidelines, SOCPA standards, and relevant governance frameworks.
• Knowledge of ERP and financial systems (SAP, Oracle, etc.) is an advantage.

Work Location

Remote, with scheduled onsite visits as required.