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Senior Finance Manager – Saudi Arabia, Bahrain & Oman

Savills Middle EastRiyadh, KSA3 days agoMid-Senior
Mid-Seniorfulltime

Skills

Financial Planning and Analysis (FP&A)Budgeting and ForecastingFinancial Reporting

About This Role

Overview

The Senior Finance Manager will oversee all finance operations across Saudi Arabia, Bahrain, and Oman, ensuring full compliance with IFRS, Group policies, and local regulatory requirements.

This role requires a highly strategic finance professional who can drive financial planning, support commercial decision-making, and provide insights that contribute to business growth across multiple jurisdictions with varying regulatory environments.

The position combines financial control, reporting, and strong business partnering capabilities in a complex regional setting.

Financial / Operational Oversight

  • Ensure AR and AP processes adhere to company policies and controls
  • Maintain accurate customer reconciliations and revenue recognition
  • Manage regional expenditures and monthly recharges to Group
  • Conduct regular intercompany reconciliations
  • Manage payroll, commissions, and employee provisions with HR
  • Lead credit control and ensure timely collections
  • Maintain balance sheet reconciliations
  • Oversee billing, invoicing, credit notes and aged receivables
  • Align provisions with Group ECL policy and communicate updates to the Director of Finance

Financial Reporting & Compliance

  • Lead the monthly closing process in line with IFRS and Group standards
  • Submit accurate and timely reports to Group Finance
  • Ensure accurate accounting treatment and posting of all transactions
  • Analyse P&L variances and provide actionable insights
  • Ensure compliance with local regulatory requirements across all jurisdictions
  • Oversee Corporate Tax, VAT and applicable withholding tax compliance

Budgeting & Forecasting

  • Drive the annual budgeting process and rolling forecasts
  • Maintain scenario planning models and support business decisions

Treasury & Cash Management

  • Oversee cash management, bank reconciliations, and liquidity planning
  • Manage banking relationships across multiple jurisdictions
  • Ensure strong treasury controls and working capital management
  • Support treasury reporting requirements for Group Finance and ensure alignment with global policies

Audit, Controls & Risk Management

  • Coordinate with internal and external auditors
  • Strengthen internal controls and process improvements
  • Support enterprise risk management and mitigation

Business Partnering & Commercial Support

  • Act as a trusted advisor to stakeholders and head of departments
  • Monitor KPIs and support performance improvements
  • Provide support on tendering, pricing, and project evaluations

Systems & Continuous Improvement

  • Drive reporting improvements through automation and dashboards
  • Support implementation and enhancement finance systems (e.g. D365, Hyperion)

Leadership

  • Lead, mentor and develop the finance team

Requirements

  • Minimum 7+ years of experience with leadership responsibilities
  • Professional qualification (CPA, ACCA, CMA, CA)
  • Experience across GCC markets (KSA, Bahrain, Oman preferred)
  • Experience in multi-entity corporates and finance environments
  • Experience in multi-national companies is preferred
  • Exposure to ERP systems (D365, Hyperion, SUN preferred)
  • Proficiency in managing finance systems and applications.
  • Demonstrated success in process improvement and automation.
  • Advanced analytical skills for interpreting complex financial data.
  • Effective leadership and mentoring capabilities.
  • Over 42,000 people work for us in more than 700 offices all over the world.
  • This breadth of global coverage, combined with specialist services and market insight, means we'll always have an expert who is local to you.

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