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A multinational logistics company seeks a Finance Director to lead their finance function in Saudi Arabia. Responsibilities include strategic financial planning, budget management, financial reporting, and compliance with local regulations. The ideal candidate has 10-12 years of experience in a multi-national organization, a Bachelor's degree in Finance or related field, along with relevant professional certifications. The role emphasizes strong leadership and analytical skills.
JOB SUMMARY
To lead the finance function for DPWL Kingdom of Saudia Arabia, 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 organization-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 organizational 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) 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.
Excellent decision making and analytical ability
High level of integrity, ethics, and confidentiality.
Strong organizational skills and attention to detail.
Ability to adapt to change and manage multiple priorities.