Senior Finance Manager - Jeddah

DP World; Jeddah; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading logistics company is seeking a Finance Leader to oversee financial planning, reporting, and compliance for their KSA operations. The ideal candidate will have 8-10 years of experience in finance, with strong leadership skills and a background in logistics. A Bachelor’s degree in a relevant field is mandatory, with advanced degrees and certifications preferred. This role will ensure financial performance and adherence to KSA regulations while fostering team development.

Qualifications

• 8-10 years of experience in a senior finance role, preferably in logistics or a multinational company.
• 5 years of experience in a managerial role.
• Bachelor's degree in Accounting, Finance, Economics, or related discipline.
• Master's degree in Finance, Accounting, Economics, or Business Administration (MBA) preferred.
• Professional certification (CPA, ACCA, CIMA, CA, or CMA) strongly preferred.

Responsibilities

• Lead the finance function for DP World KSA, ensuring compliance and financial performance.
• Oversee budgeting, financial reporting, cash flow management, and audit processes.
• Provide leadership and development for the finance team in KSA.

Job description

JOB SUMMARY

To lead the finance function for DPWL- KSA, providing strategic financial planning, accurate reporting, and effective budget management. The role ensures compliance with KSA regulations and accounting standards, safeguards company assets, and drives financial performance through strong leadership, stakeholder engagement, and process optimization.

KEY RESPONSIBILITY

1. Strategic Financial Planning & Budgeting

• Lead the annual budgeting process in coordination with the Finance Director, including the design of budget templates and clear guidance for Heads of Departments.
• Analyse proposed departmental budgets against historical performance to identify trends, risks, and opportunities.
• Consolidate departmental submissions into an organisation-wide budget, ensuring accuracy, completeness, and strategic alignment.
• Monitor and report on budget adherence, providing timely variance analysis and recommending corrective measures.

2. Financial Reporting & Performance Management

• Oversee the timely preparation of consolidated financial statements (balance sheet, profit & loss, and other statutory reports) in compliance with applicable accounting standards.
• Validate statistical and management information from departments before submission to leadership.
• Ensure the accuracy and integrity of financial data through regular review of accounting entries and reconciliation processes.
• Oversee the preparation and analysis of Management Information System (MIS) reports to support informed decision-making.

3. Cash Flow, CapEx & Cost Control

• Direct the preparation and maintenance of cash flow forecasts, incorporating capital expenditure commitments and operational needs.
• Monitor CapEx projects and oversee cost studies for business cases, proposals, and strategic initiatives.
• Establish and maintain strong internal controls to safeguard company assets and optimise working capital.

4. Compliance, Audit & Risk Management

• Ensure full compliance with KSA financial regulations, accounting standards, and internal governance policies.
• Lead the statutory and internal audit processes, ensuring timely resolution of audit queries and implementation of recommendations.
• Maintain proactive relationships with banks, financial institutions, and government bodies (including GOSI) to ensure smooth operations and regulatory adherence.
• Stay informed of changes in financial policies, regulations, and industry best practices, adapting processes accordingly.

5. Leadership & Team Development

• Set clear KPIs and performance standards for the Finance team in KSA, aligned with organisational goals.
• Provide leadership, coaching, and mentoring to enhance team capability and performance.
• Drive process improvement initiatives, ensuring efficiency, accuracy, and compliance across all finance operations.
• Foster a culture of accountability, continuous improvement, and professional growth within the finance function.

QUALIFICATIONS, EXPERIENCE AND SKILLS

• Experience at a senior level in the Finance department of any multi-national organization or logistics/freight forwarding company : Mandatory: 8 - 10 years (Preferable: 10 – 12 years)
• Experience in managerial role : Mandatory: 5 years
• Bachelor’s degree in Accounting, Finance, Economics, or a related discipline (mandatory).
• Master’s degree in Finance, Accounting, Economics, or Business Administration (MBA) is preferred.
• Professional certification (CPA, ACCA, CIMA, CA, or CMA) strongly preferred.
• Strong leadership and relationship building skills
• Clear and persuasive communication skills, both written and verbal.