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Finance Manager

Confidential · Riyadh, Riyadh, Saudi Arabia

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Job TitleFinance ManagerDepartmentFinanceReports ToChief Executive Officer (CEO) / Chief Financial Officer (CFO)Employment TypeFull-TimeNationalitySaudi NationalExperienceMinimum 15 years of progressive experience in finance, accounting, and financial management, with at least 5 years in a managerial or leadership role.Job SummaryThe Finance Manager is responsible for leading the company's financial operations, ensuring sound financial management, regulatory compliance, and strategic planning. The role oversees budgeting, financial reporting, cash flow management, financial analysis, and internal controls while supporting executive management with financial insights that drive business growth and operational efficiency.Key ResponsibilitiesDevelop and implement financial strategies aligned with the organization's objectives.Prepare and oversee monthly, quarterly, and annual financial statements and management reports.Lead the annual budgeting process and monitor budget performance against actual results.Manage cash flow, liquidity, and working capital to ensure financial stability.Oversee general ledger, accounts payable, accounts receivable, payroll, and treasury functions.Ensure compliance with Saudi regulations, including ZATCA requirements, VAT, Corporate Income Tax (where applicable), and financial reporting standards.Coordinate internal and external audits and ensure timely resolution of audit findings.Develop, implement, and monitor financial policies, procedures, and internal controls.Conduct financial analysis, forecasting, and profitability assessments to support strategic decision-making.Identify financial risks and recommend mitigation strategies.Manage banking relationships and negotiate financing arrangements when required.Monitor key financial performance indicators (KPIs) and provide recommendations for continuous improvement.Lead, mentor, and develop the finance team to enhance performance and professional growth.Collaborate with department heads to optimize costs and improve financial performance.Ensure compliance with company policies, governance standards, and applicable laws.QualificationsBachelor's degree in Finance, Accounting, or a related field (Master's degree is preferred).Professional certification such as SOCPA, CPA, ACCA, CMA, or CFA is highly preferred.Minimum 10 years of relevant finance experience, including leadership responsibilities.Saudi National.Experience in manufacturing or industrial organizations is preferred.Strong knowledge of IFRS and Saudi financial regulations.Required SkillsFinancial planning and analysis (FP&A)Budgeting and forecastingFinancial reportingCash flow and treasury managementRisk management and internal controlsStrategic financial planningLeadership and team managementAdvanced analytical and problem-solving skillsExcellent communication and presentation skillsNegotiation and stakeholder managementHigh level of integrity and confidentialityAdvanced proficiency in Microsoft Excel and ERP systems (SAP, Oracle, Microsoft Dynamics, or similar)Key CompetenciesStrategic thinkingLeadership and decision-makingBusiness acumenAccountabilityAttention to detailTime managementAdaptabilityCollaborationResults-oriented mindsetWorking ConditionsOffice-based role with occasional travel if required.May require extended working hours during financial closing periods, audits, or budget planning cycles.