Finance Specialist

Adecco Careers; Makkah Region; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading HR solutions provider is seeking a Finance Specialist in Saudi Arabia to assess and organize the finance function of a newly acquired entity. The role includes redesigning accounting processes, ensuring compliance with local and group standards, and leading a finance team. A university degree in Finance or Accounting and 5+ years of experience in a multinational finance function are required. Strong analytical and leadership skills are essential.

Qualifications

• 5+ years’ experience in a finance function / BIG 4, preferably within a multinational environment.
• Experience in reporting to a western head office.
• Experience in setting up or restructuring a small finance function.

Responsibilities

• Assess current finance and accounting structure.
• Redesign accounting processes and implement controls.
• Design reporting package aligned with local and group requirements.

Skills

Analytical thinking

Leadership skills

Knowledge of local laws and tax regulations

Communication skills

Business orientation

Education

University Degree in Finance or Accounting

Job description

Our Client, a multinational manufacturing company, leader in their sector of activity is looking to appoint a Finance Specialist for a newly acquired entity in Jeddah. This is a strategic assignment to assess, analyse, structure and organize the existing finance and accounting function in compliance with local requirements and in line with the group/HQ standards.

This position will report to local Management as well as to HQ based in France.

Responsibilities

• Assess current finance and accounting structure.
• Redesign accounting processes and roll out control and policies as per group requirement.
• Design reporting package aligned with local specificities and group requirements.

Train and manage Finance and Administration department by ensuring compliance of accounting and reporting principles and processes with local GAAP procedures and group reporting and procedures, supporting and driving the preparation, analysis and justification of the P/L and balance sheet accounts every month; responsible for cash management and treasury; involved in pricing and costing strategies, inventory valuation: develop tools, monitor cost, provide financial analysis to support the business strategic decisions; ensuring timely production of accurate management, Group and statutory reporting; ensuring the compliance of the entity with the Group Policies; managing tax issues, ensuring the timely production of tax returns, payments and reporting; training and developing existing team to deliver at the requested standard.

Experience Required

• University Degree in Finance or Accounting.
• 5+ years’ experience in a finance function / BIG 4 preferably within a multinational environment.
• Experience in reporting to a western head office.
• Experience in setting up or restructuring a small finance function.
• Experience in cost accounting and cash management (industrial / manufacturing environment).

Quality and Skills Required

• Technical, organised, rigorous and process focused, ability to plan and anticipate.
• Highly developed analytical thinking abilities, conceptual and strategic work.
• Knowledge of local laws and tax regulations.
• Leadership skills and persuasive, team building/training skills.
• Confidence in decision-making, ability to make clear conclusions and express opinions.
• Strong personality with excellent communication skills.
• Business orientation.

About The Company

The Adecco Group is the world's leading provider of HR solutions. With more than 33,000 FTE employees and a network of 5,600 branches, in over 60 countries and territories around the world, we offer a wide variety of services, connecting close to 750,000 associates with well over 100,000 clients every day. The services we offer fall into the broad categories of temporary staffing, permanent placement, career transition, talent development and workforce management solutions, as well as outsourcing and consulting. The Adecco Group is based in Zurich-Glattbrugg, Switzerland and we are a Fortune Global 500 company listed on the SIX Swiss Exchange.