Sector Accounting Manager

Zahran Operation & Maintenance; Riyadh; On-site; SAR 120,000 - 180,000; Full time

Job summary

A leading facilities management company in Saudi Arabia seeks a Sector Accounting Manager to oversee financial management for Operations & Maintenance projects. This role includes budgeting, forecasting, financial reporting, and leading a team of finance professionals to ensure compliance and operational efficiency. Candidates should have extensive experience within the Facilities Management sector and strong proficiency in financial tools and ERP systems.

Qualifications

• 10+ years of experience in financial management.
• 5 years in a leadership role.
• Experience in Operations & Maintenance, Facilities Management is a significant advantage.

Responsibilities

• Manage all sector financial aspects including accounting, forecasting, and reporting.
• Prepare project budgets and collaborate with project managers.
• Deliver monthly and annual financial reports, including P&L and cash flow statements.

Skills

Financial Management

Budgeting

Forecasting

Financial Reporting

Cost Control

Stakeholder Engagement

Education

Bachelor’s degree in finance, Accounting, Business Administration

Master’s degree (MBA) or equivalent

Professional certification

Tools

MS Excel

Financial Modeling

Reporting Tools (Power BI, Tableau)

ERP Systems (SAP, Oracle)

Job description

Zahran Facilities Managementis the Kingdom's leading facilities management company, with over 40 years of experience and a workforce of more than 30,000. We deliver integrated hard and soft facilities management (FM) services using advanced technologies to support Vision 2030. We value our people and invest in evaluating and developing employee performance to ensure continued growth and excellence.

Our Mission:

We provide reliable, high-quality facilities management services that fulfill client expectations and contribute to operational excellence.

Our Vision:

To lead innovative, sustainable, and technology-driven facilities management across the Kingdom.

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Job Purpose

The Sector Accounting Manager leads financial management, planning, analysis, and reporting for a specific sector or division. This role ensures that the sector's financial performance aligns with strategic and operational goals. Working closely with operations and project teams, the Sector Accounting Manager provides financial leadership, drives cost efficiency, ensures compliance, and enables data-driven decision-making across Operation & Maintenance projects and services within the assigned sector.

Key Roles and Responsibilities

1. Sector Financial Leadership

• Manage all sector financial aspects, including accounting, forecasting, and reporting.
• Align financial objectives with sectoral goals and monitor performance against key targets.

2. Budgeting & Forecasting

• Supporting the preparation of project budgets, reports, and quarterly forecasts for the sector.
• Collaborate with project managers, site leaders, and department heads to gather inputs and validate assumptions.
• Monitor budget utilization and provide early warnings of potential overruns or savings opportunities.
• Ensure timely and accurate forecast updates reflecting changes in operational dynamics or contract variations.

3. Financial Reporting & Analysis

• Deliver the sector's monthly, quarterly, and annual financial reports, including P&L, balance sheet, and cash flow statements.
• Conduct variance analysis and performance reviews, highlighting key trends, risks, and corrective actions.
• Provide profitability analysis at the project, contract, and asset levels.
• Support sector management in understanding financial drivers and improving performance metrics.

4. Operational Finance & Cost Control

• Review and analyze O&M cost structures, including workforce, materials, consumables, subcontractors, and equipment.
• Ensure alignment of financial planning with maintenance schedules, service level agreements (SLAs), and asset lifecycles.
• Lead initiatives to identify cost-saving opportunities and improve operational efficiency.
• Evaluate pricing models for new contracts or renewals in coordination with the procurement team.

5. Financial Governance & Compliance

• Ensure adherence to internal financial controls, corporate policies, and regulatory requirements.
• Support the auditing process by providing necessary documentation and responses.
• Oversee compliance with tax, VAT, and other statutory financial obligations relevant to the sector's operations.

6. People Management & Development

• Lead and mentor a team of accountants, analysts, and finance officers assigned to the sector.
• Foster a performance-driven culture focused on accountability and continuous improvement.
• Identify training and development needs for the finance team to enhance sector-specific financial competencies.

7. Stakeholder Engagement

• Coordinate closely with Group Finance, Procurement, HR, Operations, and Legal departments.
• Represent the finance function in sector leadership meetings, contract reviews, and strategic planning sessions.
• Build strong relationships with clients, partners, and external stakeholders where financial collaboration is required.

Skills

• Experience within the Operations & Maintenance, Facilities Management, Utilities, or Infrastructure sectors is a significant advantage.
• Bachelor’s degree in finance, Accounting, Business Administration, or a related field (mandatory)
• A master’s degree (MBA) or equivalent postgraduate qualification is preferred.
• Professional certification is strongly preferred.d
• Minimum 10+ years of experience in financial management, with at least 5 years in a leadership role
• Experience within the Operations & Maintenance, Facilities Management, Utilities, or Infrastructure sectors is a significant advantage.ge
• Advanced proficiency in MS Excel, financial modeling, and reporting tools (Power BI, Tableau, etc.)
• Experience working with ERP systems (SAP, Oracle, or similar).