Finance Manager

Budget: 4,000 SR

Key Responsibilities

• Develop and execute the Group Financial Strategy aligned with the company’s growth objectives and expansion plans.
• Lead financial planning, forecasting, and long-term financial modeling to support strategic business decisions.
• Oversee the preparation and management of the annual corporate and departmental budgets, including budget performance tracking (Budget vs. Actual).
• Establish and improve financial planning and forecasting processes across business units.
• Manage and optimize cash flow, liquidity planning, and working capital to ensure financial sustainability.
• Design, implement, and enhance financial policies, internal controls, and governance frameworks.
• Oversee the preparation of management reports, financial dashboards, KPIs, and executive reporting to support decision-making.
• Lead financial analysis related to profitability, cost optimization, performance measurement, and operational efficiency across different business sectors.
• Lead the selection, implementation, optimization, or enhancement of ERP systems, ensuring proper financial integration with operational functions.
• Improve financial workflows, documentation cycles, and internal financial controls.
• Manage and develop the finance and accounting team to build a high-performing finance function.
• Manage relationships with external auditors, banks, tax/zakat authorities, and other regulatory stakeholders.
• Conduct financial feasibility studies, investment analysis, and business case evaluations for new projects and ventures.

Skills

• Bachelor’s degree in Finance, Accounting, Business Administration,
• Minimum of 8 years of progressive finance experience, including leadership experience within diversified business groups or multi-sector organizations.
• Proven experience in developing financial strategies and building finance functions.
• Strong hands-on experience with ERP systems (such as SAP, Oracle, Microsoft Dynamics, Odoo, Zoho, or similar platforms).
• Strong experience in corporate and departmental budgeting, financial planning, and performance management.
• Advanced expertise in cash flow management, financial forecasting, financial modeling, and financial analysis.
• Strong understanding of financial governance, internal controls, and management reporting frameworks.
• Experience in diversified business groups or multi-business operations is highly preferred.

Key Skills & Competencies

• Strong strategic and analytical mindset.
• Ability to build and enhance financial systems and frameworks.
• Strong leadership and team management capabilities.
• Excellent business partnering and stakeholder management skills.
• High proficiency in financial reporting and executive-level communication.
• Strong problem-solving and decision-making abilities.

Key Performance Indicators (KPIs)

• Improvement in cash flow and liquidity management.
• Accuracy and effectiveness of budgeting and financial forecasting.
• Enhancement of profitability and financial efficiency.
• Successful ERP implementation and optimization.
• Quality and timeliness of financial and management reporting.
• Strengthening of financial governance and internal controls.