Senior Manager - General Ledger Controlling

The Red Sea Development Company; Riyadh; On-site; SAR 900,000 - 1,300,000; Full time

Job summary

The Red Sea Development Company in Riyadh, KSA seeks an experienced finance leader to oversee the Group's accounting, treasury, payroll and compliance functions. You will drive accurate financial booking, cashflow planning, and regulatory reporting, while leading the accounting team and improving processes across SAP ERP and related systems.

Responsibilities include managing bank funding, financial controls, and coordination with tax advisors and statutory auditors to ensure IFRS compliance and

Qualifications

• Qualified Accountant from IFAC accredited institution.
• 10+ years in mid-level finance leadership in a multinational, $300M+ business.

Responsibilities

• Book and record all financial transactions in line with budget ownership and IFRS.
• Execute treasury operations: payables, receivables, credit control, insurance, and bank funding.
• Monthly cash flow planning and forecasting to ensure liquidity.
• Manage bank debt funding portfolio through forecasting and KPI tracking.
• Prepare KSA fiscal reporting and regulatory compliance.
• Lead and develop the Accounting team.
• Support HR with payroll and reimbursements.
• Assist in SAP setups and integrations.
• Support adherence to FC policies, processes, and standards.

Skills

Data analysis

Presentation skills

Communication

Interpersonal skills

Attention to detail

Organizational skills

Education

IFAC-accredited accounting qualification

Tools

SAP

MS Office

ERP systems

Job description

Job Purpose

Leads the finance operations team which manages and ensures accurate booking of all financial transactions and execution of all treasury operations as well as employee payroll and other disbursements across the Group in line with commercial obligations budgetary ownership internal policies controls and IFRS Controls analyzes and optimizes the Group operating and financing cashflows and utilization of bank facilities through regular cash flow planning and forecasting with the CFO to ensure liquidity is always adequate and at the right cost to support the Group s current and future needs Responsible for Group compliance on fiscal matters in KSA VAT Zakat Supports the Group FC and CFO with monthly amp statutory reporting key procedures and the statutory audit and annual budget where required Key external relationships with the Group s banking partners statutory auditors credit insurers amp tax advisory

Job Responsibilities

Booking and recording of all financial transactions in line with budgetary ownership by entity and BU internal policies and controls and IFRSExecution of all treasury operations payables collections credit control amp insurance documentary credit financial guarantees and other instruments bank funding cash management amp pooling in support of all departments entities requirements and to fulfil the Group s commercial and funding obligationsMonthly cash flow planning and forecasting to ensure liquidity is always adequate and at the right cost to support the Group s current and future needs Actively manages and services bank debt funding portfolio through review forecasting and planning of operating amp financing cash flows and tracking KPI performance vs covenantsSupports the GM amp Corporate Commercial Finance team to develop the funding strategy and capital structure and to secure the right bank facilities to optimize financing costsPreparation of KSA fiscal reporting amp regulatory complianceLeading and developing the Accounting teamSupports HR amp serves Group employees with the review and disbursement of the monthly payroll business expenses and other reward mechanisms Helping Corporate Commercial Finance amp IT implement various setups of SAP and other integrationsVarious software s MS Office Advance ERPTo assist all the activities driven by Corporate Commercial Finance Policies Systems Processes Procedures Standards and ReportsFollow all relevant functional policies processes standard operating procedures and instructions to ensure that work is carried out in a controlled and consistent manner Assist in the preparation of accurate and timely functional MIS statements and reports to meet corporate and functional requirements policies and standards Continuous Improvement Contribute to the identification of opportunities for continuous improvement of the department s systems processes and practices considering international best practice improvement of business processes cost reduction and productivity improvement

Qualification and Experience

Qualified Accountant from IFAC accredited institution Min. 10 years in mid-level finance leadership role within a multi-national & suitable scale ($300M+ business) Background in Accounting & Reporting, Accounting Ops & Treasury management, Business Controls Skills: Excellent Data and Analytical Skills Strong Presentation & Communication Skills Interpersonal and communication skills with the ability to interact with various management levels Superior attention to detail and ability to successfully handle multiple competing priorities while maintaining a view of the big picture. Ability to analyzing, interpret and scrutiny of financial information. Should possess organizing capability and have a pleasing, get-going personality.