Financial Manager

Al-Henaki Real Estate Development Co; Jeddah; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading real estate development company in Jeddah seeks a Finance Manager to oversee financial reporting, planning, and process improvements. The ideal candidate has a Bachelor's degree and at least 8 years of managerial experience in finance or accounting within mega companies in Saudi Arabia, particularly in real estate development. The role offers opportunities for leadership and the chance to drive significant organizational results.

Qualifications

• Minimum of 8 years of finance/accounting manager experience in mega companies in Saudi Arabia.
• Experience in real estate development, property management, and construction.

Responsibilities

• Produce timely and accurate financial and operational reporting.
• Lead monthly financial reporting package development.
• Manage investment evaluation and analysis.

Skills

Financial reporting

Operational analysis

Budget management

Process improvement

Leadership

Education

Bachelor’s degree in finance or accounting

Graduate Degree, MBA, CMA and/or CPA designation

Job description

Duties & Responsibilities

• Produce timely and accurate financial and operational reporting and analysis that provides actionable insights to the business
• Full cycle operational and financial planning and forecast management including income statement, balance sheet and cash flow
• Ensure effective controls are practiced to safeguard assets and provide confidence in the integrity and reliability of the financial reporting
• Improve relations with Banks and creditors and work on preserving the company history and image
• Manages investment evaluation analysis and works closely with team to recommend decisions
• Supports external financial, statutory and regulatory audits
• Works closely with business teams to identify and implement business process improvements
• Leads monthly financial reporting package development and communication to business teams and executive leadership
• Leads a team of professionals responsible and accountable for all business planning and decision support
• Owns the performance management process for the finance team including skills and capabilities assessment, identifying and solving for developmental needs, goal setting and measurement and succession planning
• Supports other accounting and business requirements as needed
• Complies with local, state, and federal law requirements
• Prepares, documents, and complies information for the annual Budgetary Compliance Report (BCR)
• Monitors accounts payable and receivable activities
• Monitors bank accounts; updates cash flow matrix daily and cash forecasting
• Reconciles general ledger accounts
• Oversees vendor management form process
• Completes month and year-end processes
• Establishes and enforces proper accounting methods, policies, and principles
• Improves systems, procedures, and initiates corrective actions
• Assigns projects and directs staff to ensure compliance and accuracy
• Provides leadership and strives to deliver outstanding results and service to internal and external customers
• Establishes and maintains fiscal files and records to document transactions
• Reviews, interprets and writes policies and procedures associated with accounting
• Completes special projects and performs other duties as assigned

Requirements & Skills

• Bachelor’s degree or equivalent in finance or accounting
• Graduate Degree, MBA, CMA and/or CPA designation preferred, but not mandated
• Minimum of 8 years’ finance and/or accounting manager experience in mega companies in Saudi Arabia with experience in real estate development, property management and construction

Equal Employment Opportunity Statement

The company is an equal opportunities employer and welcomes applications from all qualified candidates.