Senior Financial Specialist

Red Sea Global; Jeddah; On-site; SAR 60,000 - 100,000; Full time

Job summary

An exciting opportunity awaits to join a forward-thinking company, contributing to a dynamic supply chain that supports the Kingdom's Vision 2030. In this role, you will handle a full spectrum of financial operations, including accounts receivable, accounts payable, payroll, and treasury activities. You will be pivotal in ensuring timely financial closings and compliance with internal controls and statutory requirements. This position offers the chance to specialize in key areas while collaborating with various departments. If you are ready to make a meaningful impact and thrive in a fast-paced environment, this role is perfect for you.

Qualifications

• Bachelor's degree in relevant field and 3+ years in financial operations.
• Experience in high-volume transactional environments preferred.

Responsibilities

• Manage full spectrum of financial operations including AP, AR, and payroll.
• Support internal and external audits while ensuring compliance with policies.

Skills

Financial Operations Management

Accounts Receivable

Accounts Payable

Credit Control

Payroll Management

Treasury Operations

SAP S/4 Hana

SAP Cloud Analytics (SAC)

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Bachelor's degree in Business

Bachelor's degree in Commerce

Tools

SAP

Ariba

Job description

An exciting opportunity to join one of Red Sea Global's subsidiaries, contributing to a dynamic and ever-evolving supply chain while making a meaningful impact on the Kingdom's Vision 2030.

Position Overview:

Handle full spectrum of financial operations: Accounts Receivable & Credit Control, Accounts Payable, Payroll & Expenses, Treasury/Bank operations and ensure timely closing of accounts and related reconciliations, following proper internal controls and adherence to statutory and legal requirements and to internal policies & procedures. Readiness to specialize in either AP, Credit Control/AR or Treasury activities as may be required.

• Maintaining Customer Account/Accounts receivable and related records: customer ledger management and SOA reconciliation (incl. Intercompany), regular booking of customer collections, customer master data management, supporting analysis.
• Credit Control and Ageing analysis in line with Credit Policy and in close partnership with the sales & CS team and credit insurers (maintain and comply with group cover and policy, apply for new limits and assess/address customer credit risks)
• Maintaining Supplier Accounts /Accounts Payable and related records: vendor ledger management and SOA reconciliation (incl. Intercompany), booking of supplier invoices & payments, supporting analysis
• Payroll (Staff/Management) review, payments and posting, accounting for employee allowances, benefits and expense claims.
• Operational Treasury support including preparation and execution of all payments from bank and bank reconciliations (incl. petty cash), servicing bank funding/debt, maintaining loan documentation and adherence to bank covenants
• Trade Treasury support including preparation of Letters of Credit (In-/Out-bound), CAD, Avalized Bills & other guarantees and documentary credit, maintaining of financial records for these transactions
• Supporting Group Finance Manager in Internal & External Audit Activities
• Internal Service Provider to dependent departments (Supply Chain, Admin functions, Sales, Production) providing data and analytical support where required for Payables/Receivables.
• Help Execute SAP & Ariba Implementation and Integration.

Location: Jeddah and Riyadh

Qualification and Experience:

• A bachelor's degree in accounting, finance, business, commerce, or related degree.
• Knowledge of accounting/financial/operational principles.
• Minimum 3 years of experience in Trading, Retail, Supply Chain, Logistics or other operational organization with minimum of $200M of business.
• Experience in dynamic high-volume transactional environment preferred.
• Experience with SAP S/4 Hana and SAP Cloud Analytics (SAC) preferred.