Senior Specialist - Finance

The Red Sea Development Company; Riyadh; On-site; SAR 120,000 - 180,000; Full time

Job summary

Red Sea Sports & Entertainment (RSSE) is seeking a Finance Operations Accountant to support daily finance activities, maintain accurate records, and assist in month-end close and reporting. You will ensure IFRS compliance, internal controls, and coordination with central finance teams in a multi-entity environment.

The role requires 3–5 years of accounting experience, strong Excel skills, and familiarity with ERP systems.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• SOCPA Certification and CPA/CMA/ACCA or equivalent preferred.
• 3–5 years of finance or accounting experience.
• Experience with reconciliations, reporting, and financial analysis preferred.
• Exposure to ERP systems and intercompany accounting is an advantage.
• Working knowledge of ERP systems.
• Good Microsoft Excel skills including reporting and reconciliation functions.
• Basic understanding of VAT and WHT requirements.
• Knowledge of financial reporting processes.

Responsibilities

• Process and monitor daily financial transactions including AP, AR, and GL entries.
• Support daily finance operations activities.
• Assist in month-end closing and reporting activities.
• Maintain confidentiality and accuracy of financial information.
• Coordinate with internal stakeholders on finance-related matters.
• Assist in maintaining accurate accounting records and financial data.
• Support preparation of reconciliations and financial reports.
• Maintain proper supporting documents for financial transactions.

Skills

Financial accounting principles

ERP systems

Advanced Excel

Budgeting and forecasting

Cash flow monitoring

Audit support

Attention to detail

Communication & coordination

Multitasking

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

ERP systems

Microsoft Excel

Job description

Department: Sports and Entertainment Shared Services

Company: Sports and Entertainment Company

From Land to Sea - Active Experiences in Nature's Purest Form

Red Sea Sports & Entertainment (RSSE) is a subsidiary of Red Sea Global (RSG) and focuses on delivering land and marine experiences at The Red Sea destination. RSSE is responsible for managing and operating various sports and recreational activities at The Red Sea, including water sports (Galaxea), adventure sports (Akun), and general recreation (WAMA).

RSSE plays a central role in the partnership between Red Sea Global and the Saudi Olympic & Paralympic Committee, aiming to create more inclusive and accessible sports and recreation experiences.

We are purpose-driven and committed to people and planet. Our transformative programs are a driving force to achieving Vision 2030, as well as leading the world towards regenerative tourism.

Red Sea Sports & Entertainment – Where Nature Meets Elevated Adventure!

Job Purpose:

To support finance operations by maintaining accurate accounting records, processing financial transactions, preparing reconciliations, and assisting in financial reporting activities in compliance with company policies and financial procedures.

Job Responsibilities:

General

• Process and monitor daily financial transactions including AP, AR, and GL entries.
• Support daily finance operations activities.
• Assist in maintaining accurate accounting records and financial data.
• Support preparation of reconciliations and financial reports.
• Coordinate with internal stakeholders on finance-related matters.
• Assist in month-end closing and reporting activities.
• Maintain confidentiality and accuracy of financial information.
• Maintain proper supporting documents for financial transactions.

Policies, Systems, Processes, Procedures, Standards and Reports

• Follow company finance policies, procedures, and accounting standards
• Ensure proper documentation and supporting records for financial transactions
• Maintain compliance with IFRS guidelines and internal control requirements
• Support preparation of financial reports and audit requirements
• Coordinate with central finance and tax teams whenever required

Safety, Quality & Environment

• Comply with company health, safety, and environmental policies
• Ensure finance activities are performed in accordance with organizational controls
• Support adherence to risk management and compliance requirements
• Contribute to finance process improvement initiatives.
• Support automation and efficiency enhancement activities within finance operations.
• Identify opportunities to improve reporting accuracy and operational effectiveness.
• Participate in implementing best practices across finance activities.

Qualifications & Experience:

Education

Bachelor’s degree in Accounting, Finance, or related field

Professional Qualification

SOCPA Certified and CPA / CMA / ACCA or equivalent (preferred)

Experience

• 3–5 years of finance or accounting experience
• Experience in reconciliations, reporting, and financial analysis preferred
• Exposure to ERP systems and intercompany accounting is an advantage
• Working knowledge of ERP systems
• Good Microsoft Excel skills including reporting and reconciliation functions
• Basic understanding of VAT and WHT requirements
• Knowledge of financial reporting processes

Skills:

• Strong understanding of financial accounting principles and reporting standards.
• Ability to analyze financial data and identify discrepancies or variances.
• Proficiency in ERP systems and financial reporting tools.
• Advanced Excel skills including Pivot Tables, VLOOKUP, and financial analysis functions.
• Understanding of financial controls, compliance requirements, and audit support processes.
• Good analytical and problem-solving ability
• Knowledge of budgeting, forecasting, and cash flow monitoring.
• Ability to manage multiple tasks within deadlines
• Good communication and coordination skills
• Attention to detail and accuracy in financial records

Job Context

• Role operates within a multi-entity finance environment
• Requires coordination with internal departments and central finance teams as required
• Involves support for reporting, reconciliations, compliance, and audit activities
• Requires adherence to internal controls and company finance procedures
• Workload may increase during month-end and year-end closing cycles