Opening For Finance Manager

Balajee Group; Jeddah; On-site; SAR 60,000 - 100,000; Full time

Job summary

An established industry player in the infrastructure sector is seeking a Finance Manager to spearhead financial planning and compliance for projects in Saudi Arabia. This pivotal role involves managing budgets, overseeing project funding, and ensuring adherence to local regulations. The ideal candidate will possess extensive experience in financial management within the construction or engineering sectors, showcasing strong analytical skills and leadership capabilities. Join a forward-thinking organization that values strategic growth and offers a dynamic environment for professional development.

Qualifications

• 8-10 years of experience in finance, with 3 years in a similar role.
• Strong knowledge of KSA financial regulations and tax environment.

Responsibilities

• Lead financial planning and budgeting for infrastructure projects.
• Ensure compliance with KSA financial laws and IFRS standards.
• Manage cash flow and working capital requirements.

Skills

Financial Planning

Budgeting

Financial Reporting

Compliance with KSA regulations

Project Finance

Risk Management

Team Leadership

Analytical Thinking

Education

Bachelor's degree in Finance

Master's degree in Finance (preferred)

Professional certifications (CMA, CPA, ACCA)

Tools

ERP systems (SAP, Oracle)

Job description

Designation: Finance Manager Infrastructure Sector

Location: Jeddah, Kingdom of Saudi Arabia (KSA)

Reporting To: Chief Finance Officer / Regional Managing Director

Industry: Infrastructure / Construction / Engineering

Salary: As per Industry Standards

About Company: Balajee Group is a leading civil infrastructure company based in Mumbai, India with core expertise in large-scale Infrastructure projects. Currently expanding operations in Saudi Arabia, we are hiring for above position roles to drive growth and strategic partnerships in the region.

Job Purpose: To lead the financial planning, budgeting, reporting, and compliance functions for infrastructure projects in Saudi Arabia, ensuring alignment with corporate objectives and compliance with local regulations.

Key Responsibilities:

Financial Planning & Analysis: Develop and manage annual budgets, forecasts, and long-term financial plans. Provide financial analysis and insights to support strategic decisions and project execution.

Project Finance: Monitor capital expenditure and cost control for ongoing infrastructure projects. Oversee project funding, including bank facilities, loans, and investor relations.

Reporting & Compliance: Ensure timely and accurate monthly, quarterly, and annual financial reporting. Ensure compliance with KSA financial laws (ZATCA, VAT, WHT, etc.) and IFRS standards.

Cash Flow & Treasury: Manage cash flow and working capital requirements. Maintain relationships with banks and financial institutions in KSA.

Risk Management: Identify and manage financial risks including currency, tax, and regulatory changes. Implement internal controls and audit procedures

Team Leadership: Lead and mentor a team of accountants and financial analysts. Drive a culture of accountability, performance, and continuous improvement.

Qualifications:

Bachelors degree in Finance, Accounting, or related field (Masters preferred).

Professional certifications (CMA, CPA, ACCA, or equivalent) are highly desirable.

Minimum 8–10 years of experience, with at least 3 years in a similar role within the infrastructure, construction, or engineering sectors.

Strong knowledge of KSA financial regulations and tax environment.

Experience with ERP systems (e.g., SAP, Oracle).

Bilingual preferred – English is mandatory, Arabic is an advantage.

Key Competencies:

Strategic Financial Management

Analytical Thinking and Problem Solving

Regulatory Knowledge (ZATCA, IFRS, etc.)

Project Costing & Budget Control

Leadership and Team Management

Communication and Stakeholder Engagement