Finance Manager

Overview

Job Summary

Job Responsibilities

• Treasury Management, Cash Flow Planning & Liquidity Monitoring
• Manage weekly, monthly, and quarterly cash flow forecasting incorporating operations, projects, collections, financing, and expenditures to ensure liquidity visibility and funding adequacy.
• Monitor daily/weekly cash positions and banking balances to ensure optimal liquidity and operational funding.
• Capture changes in business activities, collection timelines, supplier obligations, payroll commitments, and capital expenditure requirements.
• Track treasury KPIs including cash conversion cycle, working capital, liquidity ratios, and free cash flow.
• Analyze short-term and long-term funding requirements and proactively recommend financing and working capital solutions to support business growth and operational stability.

Financial Reporting, Profitability Analysis & Business Performance

• Prepare comprehensive monthly Profit and Loss reports, management accounts, and financial performance packs
• Develop gross margin analyses for individual projects, business units, identify performance trends, and margin leakage
• Conduct monthly financial reviews with business leaders to evaluate project performance against project sheets, forecasts, and profitability targets.
• Support executive leadership with financial modeling and scenario analysis by providing reliable financial information in form of AD hoc reports.

General Ledger Management & Financial Close Process

• Oversee monthly financial close ensuring accurate and timely reporting in compliance with IFRS and company policies.
• Review post depreciation, amortization, accruals, payroll journal vouchers, and provisions.
• Ensure monthly reconciliation of accounts receivable, account payable, loans, tax, fixed assets, and intercompany balances.
• Analyze payroll and account variances to ensure accuracy and control over financial records.

Revenue Recognition, Sales Reporting & Collection Forecasting

• Monitor revenue reporting dashboards and key performance indicators for financial accuracy and business insights.
• Review collection forecasts regularly and challenge assumptions where necessary to ensure cash flow forecasts accurately reflect expected customer payment behavior.

External Audit, Financial Statements & IFRS Compliance

• Lead annual external audit process for standalone and consolidated financial statements.
• Prepare financial statements, disclosures, reconciliations, and audit support schedules.
• Perform trial balance mapping, chart of accounts reviews, and financial statement classifications ensuring compliance with IFRS.

Tax Compliance & Regulatory Reporting

• Oversee tax compliance including CIT, VAT, WHT, Zakat, and Transfer Pricing filings.
• Ensure accurate calculation, timely filing, and compliance with statutory tax requirements.
• Coordinate with tax advisors and authorities on audits, inquiries, and regulatory matters.

Budgeting, Forecasting & Financial Planning

• Lead annual budgeting and forecasting cycles in collaboration with business and functional leaders.
• Consolidate departmental budgets into corporate financial plans aligned with strategic objectives.
• Develop financial models, scenario analysis, and business cases for decision-making support.

Intercompany Accounting & Transfer Pricing Compliance

• Manage intercompany recharges, cost allocations, and reconciliations across group entities.
• Ensure Transfer Pricing compliance and arm’s-length documentation standards.
• Review intercompany invoices and maintain audit-ready supporting schedules.

ERP Governance, Process Improvement & Internal Controls

• Oversee ERP systems governance and ensure finance modules support business and reporting needs.
• Drive automation, process optimization, and system improvements to enhance efficiency and accuracy.
• Strengthen internal controls and financial reporting processes across finance functions.

Corporate Governance, Legal Documentation & Restructuring Activities

• Manage corporate governance documentation including board resolutions, shareholder approvals, and regulatory filings.
• Support entity setup, banking arrangements, licensing, and regulatory registrations.
• Participate in restructuring activities including mergers, liquidations, and ownership changes.

Corporate Credit Card Administration & Financial Controls

• Manage corporate credit card program ensuring compliance with company policies and controls.
• Reconcile credit card transactions monthly and resolve discrepancies with supporting documentation.

Compensation Planning & Revenue Assurance Scheme Programs

• Manage incentive schemes, commissions, and bonus structures aligned with financial performance.
• Ensure accurate accruals and cash flow planning for compensation-related payments.
• Support revenue assurance programs for key employees and stakeholders.

Business Partnering & Strategic Leadership

• Act as a finance business partner to leadership teams providing insights for strategic decision-making.
• Drive profitability, cost optimization, and operational efficiency initiatives across the business.
• Support board reporting, investment analysis, restructuring, and strategic financial projects.

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field.
• 10+ years of progressive experience in finance, accounting, treasury, and financial planning roles.
• Strong knowledge of IFRS, financial reporting, taxation, and compliance frameworks in KSA.
• Experience in budgeting, forecasting, cash flow management, and financial modeling.
• Proficiency in ERP systems and advanced Excel/financial reporting tools.
• Strong stakeholder management and business partnering skills at senior management level.

What We Offer

• Upon joining our team, you will have the opportunity to:
• Expand your horizons by supporting leading enterprises in solving challenging business issues.
• Gain experience in breakthrough business thinking and methodologies employed by an experienced, motivated, and passionate team.
• Work with a culturally diverse team that encourages and values fresh perspectives.
• Accelerate your professional growth with international exposure to enhance your skills
• Be part of a culture that fosters a flexible work environment that supports personal needs while driving professional growth.