About the role

Job Description – Finance Manager (Saudi Arabia)

Location: Saudi Arabia

Reporting to: CFO / Head – Finance / Country Head

Role Type: Full Time

Job Summary

We are seeking an experienced Finance Manager to oversee end-to-end finance operations in Saudi Arabia. The role will act as a Financial Controller for the region, responsible for financial reporting, compliance, budgeting, internal controls, and supporting business decision-making. The candidate must ensure compliance with Saudi regulations, ZATCA, VAT, and IFRS standards.

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.
8–12+ 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.

What Success Looks Like in This Role

Timely and accurate financial reporting.
Zero compliance lapses.
Strong cash flow and cost control.
Management receives actionable financial insights.
Robust internal controls and audit outcomes.