Senior Financial Specialist

Red Sea Global; Saudi Arabia; On-site; SAR 40,000 - 80,000; Full time

Job summary

Join a forward-thinking company contributing to the Kingdom's Vision 2030. This role offers the chance to manage comprehensive financial operations, including Accounts Receivable, Accounts Payable, and Treasury functions. You will play a crucial role in maintaining financial integrity while supporting dynamic supply chain processes. Ideal candidates will have a strong background in finance and accounting, with experience in high-volume transactional environments. This is a unique opportunity to make a significant impact while working in a collaborative setting that values innovation and growth.

Qualifications

• 3+ years of experience in Trading, Retail, or Supply Chain.
• Strong knowledge of financial operations and accounting principles.
• Experience in high-volume transactional environments preferred.

Responsibilities

• Manage full spectrum of financial operations including AP, AR, and payroll.
• Support internal and external audit activities.
• Execute SAP and Ariba implementation and integration.

Skills

Accounts Receivable

Credit Control

Accounts Payable

Payroll Management

Treasury Operations

SAP S/4 Hana

SAP Cloud Analytics

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Bachelor's degree in Business

Bachelor's degree in Commerce

Tools

SAP S/4 Hana

SAP Cloud Analytics

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.