Senior Finance Manager
Job Purpose
To lead and manage the financial operations of the organization by ensuring accurate financial reporting, effective cash flow management, and compliance with regulatory requirements. The role focuses on overseeing accounting, accounts payable, treasury functions, and supporting strategic financial decision-making to enhance overall business performance.
Key Responsibilities
Accounting & Finance
- Oversee day-to-day accounting operations across multiple entities, ensuring accuracy and timely financial reporting.
- Ensure adherence to group reporting requirements and timelines.
- Manage month-end and year-end closing processes, including reconciliations, accruals, and financial statements preparation.
- Support budgeting, forecasting, and financial analysis for management decision-making.
- Ensure compliance with accounting standards, tax regulations, and Saudi regulatory requirements.
- Improve financial systems, processes, and internal controls.
Accounts Payable
- Manage accounts payable processes for suppliers and subcontractors.
- Ensure invoices are verified, approved, and processed according to company procedures.
- Coordinate payment schedules and maintain accurate supplier records.
- Collaborate with procurement and project teams for smooth payment processes.
- Ensure proper documentation aligned with POs, contracts, and approvals.
Treasury
- Monitor cash flow and support cash flow forecasting.
- Coordinate payments for suppliers, subcontractors, and operational expenses.
- Maintain relationships with banks and manage banking facilities (guarantees, bonds, credit lines).
- Monitor receivables and support collections to maintain healthy cash flow.
Team & Stakeholder Management
- Build strong relationships with internal and external stakeholders.
- Lead and develop finance team members, including performance management.
Requirements
- Bachelor’s degree in Accounting or Finance.
- Minimum 8+ years of experience in financial reporting, preferably within construction or project-based industries.
- Strong experience in accounting systems implementation.
- Strong knowledge of Saudi financial regulations, including VAT (ZATCA), withholding tax, and e-invoicing.
- Strong proficiency in Microsoft Excel and financial analysis.
- Strong understanding of construction contracts and project financial controls.
- Experience in banking and treasury operations.
- Excellent communication, problem-solving, and organizational skills.
- Fluent in English; Arabic is an advantage.
Preferred Certifications
- CPA, ACCA, or equivalent professional certification.
Job Features
| Competitive salary package | SAR 25,000 – 30,000 |