Senior Finance Manager

TestHiring; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading financial services company in Saudi Arabia is seeking a Financial Manager to lead the preparation of financial statements, oversee budgeting processes, and provide insights to senior leadership. The ideal candidate should possess a Bachelor's degree in Finance or Accounting, along with relevant certifications (CPA, CFA, ACCA). Key responsibilities include conducting financial analyses, mentoring a finance team, and ensuring compliance with local regulations. This role offers an opportunity to thrive in a dynamic financial environment.

Qualifications

• Bachelor’s degree in Finance, Accounting, or a related field; CPA, CFA, or ACCA qualification preferred.
• 2–5 years of experience in financial management within Financial Services.
• Proficiency in financial modeling, forecasting, and variance analysis.

Responsibilities

• Lead preparation and analysis of financial statements ensuring accuracy.
• Oversee budgeting and forecasting processes collaborating with department heads.
• Conduct financial analysis to evaluate performance and provide insights.

Skills

Financial modeling

Forecasting

Variance analysis

Communication skills

Interpersonal skills

Education

Bachelor’s degree in Finance, Accounting, or a related field

CPA, CFA, or ACCA qualification

Tools

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

Excel

BI tools (e.g., Power BI, Tableau)

Job description

Job Description

• Lead the preparation and analysis of monthly, quarterly, and annual financial statements, ensuring accuracy, compliance, and timely delivery.
• Oversee the budgeting and forecasting process, collaborating with department heads to develop realistic financial plans aligned with strategic objectives.
• Conduct in-depth financial analysis to evaluate performance, identify trends, and provide actionable insights to senior leadership.
• Ensure adherence to Saudi Arabian financial regulations, IFRS, and internal controls; manage audits and regulatory reporting requirements.
• Optimize financial processes and systems to improve efficiency, reduce costs, and enhance reporting capabilities.
• Lead and mentor a team of finance professionals, fostering a culture of accountability, continuous improvement, and professional development.
• Partner with cross-functional teams to support strategic initiatives, including mergers and acquisitions, new product launches, and expansion plans.
• Monitor key financial KPIs and deliver executive-level presentations to highlight performance, risks, and opportunities.
• Implement and maintain robust risk management frameworks to safeguard financial assets and ensure business continuity.

Requirements

• Bachelor’s degree in Finance, Accounting, or a related field; CPA, CFA, or ACCA qualification is highly preferred.
• 2–5 years of progressive experience in financial management within the Financial Services industry, with exposure to banking, asset management, or investment services.
• Proven expertise in financial modeling, forecasting, and variance analysis.
• Strong proficiency in ERP systems (e.g., SAP, Oracle) and advanced Excel skills; experience with BI tools (e.g., Power BI, Tableau) is a plus.
• In-depth knowledge of IFRS, Saudi Central Bank (SAMA) regulations, and local tax compliance.
• Excellent communication and interpersonal skills with the ability to present complex financial data to non-financial stakeholders.
• Demonstrated leadership experience with a track record of team development and performance management.
• Ability to thrive in a fast-paced, evolving environment with a strong focus on accuracy, integrity, and strategic thinking.