Manager - Finance

Al Ghurair Giga; Saudi Arabia; On-site; SAR 150,000 - 230,000; Full time

Job summary

Al Ghurair Giga is seeking a senior finance leader to oversee the BU's financial management, ensuring accuracy, compliance, and strategic planning. The role requires overseeing monthly closings, budgets, audits, and internal controls across vehicle sales, service, and parts.

Collaboration with tax, treasury, and leadership teams is essential for optimized liquidity and profitability. The ideal candidate will have 7–10 years in progressive accounting roles, preferably within automotive

Qualifications

• B.Com or MBA (Finance) required.
• 7–10 years accounting experience; automotive dealership preferred.
• Strong knowledge of IFRS and financial reporting.

Responsibilities

• Review monthly TB, P&L, balance sheets, and cash flow statements.
• Lead variance analysis and provide insights to senior management.
• Develop financial models for pricing, promotions, and expansions.
• Prepare and monitor annual dealership budgets and cost control strategies.
• Analyze profit margins for vehicle sales, service, and parts.
• Ensure accurate invoicing and credit control for vehicle sales, service, and parts.
• Verify dealer financing transactions, LPOs, and commissions from banks & finance companies.
• Lead external, internal, and zakat audits within group timelines.
• Ensure tax and financial reporting compliance.

Skills

Financial reporting

IFRS

ERP systems

Tax regulatory knowledge

Strategic thinking

Leadership

Communication

Audits

Education

B.Com / MBA (Finance)

Tools

MS Dynamics

Job description

Job Description

Leads overall financial management of the BU, ensuring accuracy, compliance, and strategic financial planning.

Responsibilities

Strategic

• Review and submit monthly TB,P&L, balance sheets, and cash flow statements.
• Conduct variance analysis (actual vs. budget) and provide insights to senior management.
• Provide financial models to dealership management for pricing, promotions, and expansions.
• Prepare and monitor annual dealership budgets and cost control strategies.
• Analyze profit margins for vehicle sales, service, and parts to improve profitability.
• Ensure accurate invoicing and credit control for vehicle sales, service, and parts.
• Verify dealer financing transactions, LPOs, and commissions from banks & finance companies.
• Leads external and internal auditors by providing necessary financial records.
• Ensure Tax & Financial reporting compliance.

Operational

• Timely and accurate monthly closing of books of accounts. Ensured month closing is done as per the set deadline while ensuring that all the reconciliation i.e. sub-ledger to GL, inter company and bank reconciliation etc..... during or post-closing. Further improved the efficiency of the month-end process. Year end closing is done on time and ensure that there are no changes in year end closing numbers and audited numbers.
• Automate processes, enhance ERP system (D365) to optimize process effectiveness & efficiency and develop reports. Collaborate with the IT team to fix system Bugs.
• Provide support to VP Finance for effective treasury working capital management strategy aimed to optimize the liquidity and minimize the finance cost. This includes reviewing inventory and advising the BU management to maintain the stock at optimum level and reduce the DSO to improve the cash flow.
• Collaborate with Tax Business Partner to ensure BU tax compliance and timely filings, avoid penalties and maintaining regulatory adherence
• Leading External , Internal and Zakat Audits ( To complete Audits as per group timelines )

People Management

• Lead and mentor the accountants, AP, AR, and GL teams.
• Conduct regular training on financial policies and compliance.
• Work with internal departments (e.g., HR, marketing) and external parties (auditors, banks) to align financial activities with overall business strategy.

Education

Qualifications

B.com / Master of Business Administration- Finance

Experience

Atleast 7 years experience. Preferred 8–10 years of progressive accounting experience, preferably within an automotive Dealership

Knowledge & Skill

• Financial reporting, controls, governance, and accounting standards (IFRS)
• Finance operations and respective processes
• Broad understanding of ERP systems in the context of how they enable Finance operations and processes execution; exposure to MS Dynamics is a plus
• Familiar with Tax regulatory framework in KSA and its implications
• strong critical thinking, communication, presentation, and strategy development skills
• Personal gravitas and ability to interact with senior leadership of an organization and ability to inspire and motivate teams
• Broader knowledge on Zatca related audits and queries based on previous audit experience