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Senior Manager – Finance

DP World

Jeddah

On-site

SAR 250,000 - 350,000

Full time

Yesterday
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Job summary

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.

Qualifications

  • 8-12 years of senior-level experience in Finance within a multinational or logistics company.
  • 5 years in a managerial role.
  • Clear and persuasive communication skills in English.

Responsibilities

  • Lead the annual budgeting process and monitor budget adherence.
  • Oversee preparation of consolidated financial statements.
  • Manage cash flow forecasts and capital expenditure commitments.
  • Ensure compliance with KSA financial regulations.
  • Provide leadership and mentoring to finance team.

Skills

Strategic financial planning
Leadership
Budget management
Financial reporting
Risk management
Analytical ability

Education

Bachelor's degree in Accounting, Finance, Economics, or related discipline
Master's degree in Finance, Accounting, Economics, or Business Administration (MBA)
Professional certification (CPA, ACCA, CIMA, CA, or CMA)

Job description

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.

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