Manager, Finance (Saudi)

PaxOcean; Al Jubayl; On-site; SAR 300,000 - 480,000; Full time

Job summary

PaxOcean is seeking an experienced finance leader to oversee end-to-end operations, ensuring strong controls, compliance, and alignment with business objectives. You will manage cash flow, credit risk, costing accuracy, fixed assets, and daily S/D outstanding while driving process improvements in AP and payments.

The role leads budgeting, forecasting, and financial reporting, including variance analysis against budgets and CAPEX monitoring.

Qualifications

• Minimum 5 years of finance or accounting experience, with at least 3 years in an operational finance role.
• Experience leading a team of at least 5 staff.
• Proficiency in SAP and advanced Excel skills.
• Strong understanding of financial controls, compliance and risk management.
• Excellent analytical, problem solving and communication skills.
• Able to collaborate effectively with different depts.
• Hands-on to lead by example or coach the team.
• Able to manage multiple priorities and meet deadlines.

Responsibilities

• Oversee daily Finance operations, ensuring alignment with objectives, policies and budgets.
• Ensure targeted daily sales outstanding is met.
• Perform credit risk analysis on customers.
• Ensure compliance with financial policies and procedures across operations.
• Lead initiatives to optimize financial processes, especially AP and Payments.
• Manage cashflow and liquidity, including risk management.
• Oversee costing to ensure accuracy and clear delta costs.
• Partner with departments to develop financial strategies.
• Identify financial risks and mitigate them.
• Manage fixed asset register and CAPEX approvals.
• Lead annual budgets, monitoring and variance analysis.
• Prepare monthly financial reports with forecasts and variance analysis.
• Review and submit quarterly VAT for VAT compliance.
• Oversee annual tax compliance per ZATCA laws.
• Liaise with external auditors, tax agents, banks.
• Handle ad-hoc finance-related initiatives.

Skills

Finance leadership

Team leadership

SAP

Advanced Excel

Financial analysis

Regulatory knowledge

Communication

Cross-functional collaboration

Problem solving

Multitasking

Education

Bachelor's degree in Accounting or Business Administration

Tools

SAP

Job description

Job Summary

This role is responsible for overseeing end-to-end finance operations, ensuring strong financial control, compliance, and alignment with the company’s business objectives. Key responsibilities include managing cash flow and liquidity, credit risk, costing accuracy, fixed assets, and daily sales outstanding, while driving process improvements—especially in accounts payable and payments.

Job Summary

This role is responsible for overseeing end-to-end finance operations, ensuring strong financial control, compliance, and alignment with the company’s business objectives. Key responsibilities include managing cash flow and liquidity, credit risk, costing accuracy, fixed assets, and daily sales outstanding, while driving process improvements—especially in accounts payable and payments. The role leads budgeting, forecasting, and financial reporting, including variance analysis against budgets and project/CAPEX monitoring. It also ensures compliance with tax, VAT, and regulatory requirements (including ZATCA), and acts as the key liaison with external auditors, tax agents, and banks. Additionally, the position partners closely with other departments to support financial strategy, identify and mitigate financial risks, and supports ad-hoc finance-related initiatives.

Key Responsibilities

• Oversee the daily Finance operations, ensuring alignment with Company's objectives, policies and budgets
• Ensure targeted daily sales outstanding is met
• Perform credit risk analysis on customers
• Ensure compliance with financial policies and procedures across operations
• Lead initiatives to optimize financial processes esp. on AP and Payment
• Manage cashflow, ensuring enough liquidity to meet the operation needs while managing financial and interest risks
• Oversee costing function to ensure accuracy in reports, delta costs are promptly cleared and analyse unusual CM
• Partner with other departments to develop financial strategies that algin with overall business goals
• Identify financial risks associated with operational functions and mitigate them
• Manage and maintain the fixed asset register, ensure addition capex has been properly approved
• Lead the preparation, monitoring and management of annual budgets, ensuring alignment with business objectives
• Monitor actual expenditures against approved budgets, including detailed tracking of project/CAPEX costs and analysis of variances
• Prepare actual monthly financial reports, including forecasts and variance analysis comparing actual results against budgeted figures
• Review and submit quarterly VAT to ensure VAT submissions in compliance with regulatory requirements
• Oversee annual tax compliance activities, ensuring timely and accurate filings in accordance with ZATCA laws and regulations
• Liaise with external auditors, tax agents, banks
• Other ad-hoc projects

Key Requirements

• Minimum 5 years of finance or accounting experience, with at least 3 years in operational finance role
• Experience in leading team of at least 5 staff
• Proficiency in SAP and advanced Excel skills preferred
• Strong understanding of financial controls, compliance and risk management
• Excellent analytical, problem solving and communication skills
• Able to collaborate effectively with different depts
• Hands-on to lead by example or coach the team
• Able to manage multiple priorities and meet deadlines

Education

Bachelors in Accounting or Business Administration