Finance Manager – Treasury, FP&A & Commercial Finance
Wafi Energy Saudi Arabia | Official Licensee of Shell · Riyadh, Saudi Arabia
Apply & track with Apply EdgeAbout WafiWafi Energy is a Saudi energy company focused on managing, operating, and expanding retail fuel service stations across the Kingdom of Saudi Arabia. As the official licensee of Shell in Saudi Arabia, Wafi operates and develops the Shell-branded retail network in line with global operational and safety standards. The company is a wholly owned affiliate of Asyad Holding Group, providing strong institutional support and a long-term strategic growth vision. With a commitment to operational excellence, safety, and customer experience, Wafi continues to expand its presence. The company plays an active role in supporting Saudi Arabia’s evolving mobility and energy landscape.About roleThis is a key finance leadership role, reporting directly to the Chief Financial Officer (CFO) and partnering closely with senior management to drive financial performance, liquidity optimization, commercial decision-making, and strong financial governance.Key ResponsibilitiesLead annual budgeting, quarterly forecasting, and multi-year financial modelling.Develop executive management reports, KPI dashboards, and variance analysis.Oversee treasury operations, cash positioning, liquidity management, and banking relationships.Develop rolling cash-flow forecasts to optimize working capital and capital requirements.Lead commercial finance and investment evaluation, including DCF, IRR, and Payback analysis.Evaluate new retail site acquisitions, CAPEX projects, and commercial opportunities.Oversee month-end closing, journal approvals, and balance-sheet reconciliations.Analyze site-level P&L and unit economics across fuel and non-fuel revenue streams.Partner with operations to identify opportunities to improve margins, cost structures, and profitability.Act as a key point of contact for external auditors and support statutory reporting requirements.Qualifications
- 6 – 8+ years of progressive finance experience
- Bachelor’s degree in Finance, Accounting, or a related field
- Professional qualification such as ACCA, CPA, SOCPA, CIMA, or ACA
- Experience in retail, fuel retail, FMCG, e-commerce, or multi-site environments
- Strong financial modelling, Excel, Power BI, and ERP skills
- Excellent communication and interpersonal skills, with the ability to effectively communicate financial insights to senior management and key stakeholders
- Fluent in English, with strong written and verbal communication skills
- Strong analytical, commercial, and problem-solving skills
- Ability to work effectively in a fast-paced, cross-functional environment