Manager - Finance

Manager - Finance

Description:

Location: Saudi Arabia

Role Type: Full Time

Key Responsibilities Financial Control & Accounting:

- Act as the Financial Controller for Saudi operations.

- Oversee day-to-day accounting, GL, AP, AR, fixed assets, and inventory accounting.

- Ensure accurate month-end, quarter-end, and year-end closures within defined timelines.

- Maintain strong internal controls, SOPs, and accounting policies.

- Review and approve journal entries, reconciliations, and provisions.

- Ensure proper cost allocation and control across departments/projects.

Financial Reporting & MIS:

- Prepare and present monthly, quarterly, and annual financial statements.

- Develop and manage MIS reports for management and HQ, including:

- P&L, Balance Sheet, Cash Flow

- Budget vs Actual analysis

- Cost center and project-wise reporting

- Provide insights on financial performance, risks, and opportunities.

- Support management with ad-hoc financial analysis and decision support.

Budgeting, Forecasting & Planning:

- Lead annual budgeting and periodic forecasting exercises.

- Track variances and recommend corrective actions.

- Support long-term financial planning and business expansion analysis.

- Monitor cash flow forecasts and working capital requirements.

Taxation & Compliance (Saudi Arabia):

- Ensure compliance with ZATCA regulations, including:

- VAT filings and reconciliations

- Withholding tax compliance

- Zakat / Corporate tax requirements

- Coordinate with tax consultants and auditors.

- Handle statutory audits and regulatory inspections.

- Ensure compliance with IFRS and local laws.

Treasury & Cash Management:

- Manage cash flow, banking relationships, and credit facilities.

- Monitor receivables, payables, and optimize working capital.

- Oversee payments, fund transfers, and bank reconciliations.

- Support FX management, if applicable.

Stakeholder & Team Management:

- Coordinate with internal stakeholders: operations, procurement, HR, and sales.

- Liaise with auditors, banks, tax advisors, and regulatory authorities.

- Lead, mentor, and develop the local finance team.

- Ensure finance processes support business growth and efficiency.

Qualifications & Experience:

- CA / CMA / ACCA / MBA (Finance) or equivalent.

- 8 to 12+ years of relevant finance experience, preferably in Saudi/GCC.

- Strong experience as Finance Manager / Financial Controller.

- Hands-on knowledge of IFRS, VAT, ZATCA, and Saudi compliance.

- Experience in manufacturing, engineering, contracting, or project-based industries preferred.

Skills & Competencies:

- Strong financial control and analytical skills

- Excellent reporting and presentation abilities

- Leadership and stakeholder management

- High attention to detail and compliance mindset

- Proficiency in ERP systems (SAP / Oracle / Dynamics / Tally, etc.)

- Advanced Excel and reporting tools