Finance Specialist

Oivan Group Oy; Riyadh; On-site; SAR 120,000 - 180,000; Full time

Job summary

Oivan Group Oy seeks an experienced accounting professional in Riyadh to manage month-end closing, reporting, and payroll for multiple entities. You will ensure reconciliations, controls, and timely financial results, while supporting OTC and PTP processes and coordinating with auditors.

In this role, you will collaborate closely with stakeholders, maintain master data, and optimize finance systems. Strong Excel skills and English fluency are essential; Arabic is a local language requirement.

Qualifications

• Bachelor degree in Accounting or Finance (or similar).
• Preferable two years of experience in accounting and payroll.
• Good knowledge of local GAAP and tax; IFRS knowledge a plus.
• Strong communication and collaboration in English; Arabic local language.
• Strong analytical and data optimization skills.
• Proactive, customer-driven continuous improvement mindset.
• Independent and proactive approach with good teamwork.
• Digi-savvy with finance systems.

Responsibilities

• Handle accounting and reporting for multiple legal entities within Oivan Group.
• Manage monthly month-end close, reconciliations, and controls; ensure timely reporting.
• Coordinate with auditors for annual financial statements.
• Support OTC and PTP processes, including cash collection and supplier payments.
• Maintain vendor and customer master data; assist travel and expense processes.
• Assist in ongoing finance development projects and system optimizations.

Skills

Excel skills

English communication

Finance systems

Education

Bachelor degree in Accounting or Finance

Job description

What We Need

In this role you will be responsible for accounting and reporting fora number oflegal entities inscope of the Oivan Group. On a monthly basis youare in charge ofthe month-end closing process,ensuring quality and timely reporting of the financial results, ensure accounts are reconciled andkey controls are performed. The tasks might also include preparing monthly payrolls for thecompany’s employees. On an annual basis you support preparation of local financial statementsand coordinate with auditors. In this role you will be also responsible for finance activities within the Order-to-Cash (OTC) andPurchase-to-Pay (PTP) domains. OTC includes handling bank statement postings, allocation of incoming payments, customerrefunds and reconciliations. You have an important role in securing the companies’ cashflow bytaking ownership of collection activities, aging reporting and bad debt handling. This also includesliaising with key Oivan customers, analyzing the project POs & contracts and deliveries,communicating with customers during the delivery process, monitoring the agreed settlements,sending invoices and following up with customers, revisiting and reminding and keeping record ofcollection process. PTP includes handling purchase invoice processing, payments, query and escalation handling, APmaintenance, month-end closing activities including accruals, reconciliations and internalcontrols. You support the vendor master data maintenanceand also support the local travel &expense process including processing of claims, credit card and corporate travel accountadministration. You are ultimately responsible that master data (vendors, customer andemployees) of your entity is correct andup-to-datein Oivan financial systems. You are supported by other members of Oivan finance team and collaborate closely with businessstakeholders as well as other internal teams. You have strong excel skills and know how to optimizefinance systems and constantly look for continuous improvement of daily activities. Further, you play a key role in continuously improving and enhancing our local accounting andreporting processes. You are quickly able to adapt to new processes and tools, can resolve anyproblem quickly and understand how tooptimiseour systems and ways of working. The role alsoincludes participation in various finance development projects.

What You Have

Qualifications and requirements:

• Bachelordegree or similar, preferably a major in Accounting or Finance
• Preferable two years of experience in an accounting & payroll role
• Good knowledge of local GAAP and tax, basic IFRS knowledge considered a plus
• Strong communication and collaboration skills in English. Local language( Arabic)
• Strong analytical and data optimization skills
• Proactive, customer driven continuous improvement mindset
• An independent and proactive approach to work and good team playing skills
• Digi savvy, experience with finance systems