Finance Manager

Position Overview

As the backbone of StayKSA’s financial operations, the Finance Manager plays a pivotal role in shaping the company’s economic trajectory. This position is responsible for delivering robust financial reporting, strategic forecasting, and profitability analysis to ensure sustainable growth and operational excellence. By maintaining rigorous governance standards and providing actionable insights, the Finance Manager will drive decision-making that aligns with StayKSA’s objectives, ultimately contributing to the achievement of breakeven and beyond.

Core Responsibilities

The Finance Manager will oversee a comprehensive range of financial functions, including:

• Financial Modeling and Reporting: Develop and maintain detailed Profit & Loss (P&L), cash-flow, and balance-sheet models for all business segments, ensuring accuracy and alignment with strategic goals.
• Budgeting and Forecasting: Lead the annual budgeting process, perform variance analysis, and present findings to the board to support informed decision-making.
• Internal Controls and Governance: Implement and enforce robust internal financial controls and policies in strict adherence to Siad Holding’s standards, safeguarding the company’s financial integrity.
• Cost Optimization and Reconciliation: Analyze cost structures to identify opportunities for efficiency improvements, oversee payment gateway reconciliations, and manage supplier accounting to enhance financial performance.
• Strategic Financial Analysis: Provide critical insights through scenario modeling, evaluating key business decisions such as merchant versus agency models, pricing strategies, and customer acquisition cost (CAC) versus lifetime value (LTV) dynamics.
• Stakeholder Collaboration: Serve as the primary liaison with external partners, including auditors, legal advisors, and tax consultants, to ensure compliance and mitigate financial risks.

Key Performance Metrics

Success in this role will be measured by the following benchmarks:

• Operational Efficiency: Timely completion of monthly financial closings and accurate forecasting to support strategic planning.
• Financial Discipline: Effective reduction of operational expenditures (OPEX) while maintaining operational integrity.
• Strategic Insight: Comprehensive visibility into CAC/LTV ratios and unit economics to guide revenue optimization and growth initiatives.

Qualifications and Skills

Candidates for this role must possess the following qualifications and competencies:

• Professional Experience: A minimum of 6 to 10 years of progressive experience in finance, financial planning & analysis (FP&A), or controlling, with a focus on industries such as Online Travel Agencies (OTA), e-commerce, or Software-as-a-Service (SaaS).
• Technical Proficiency: Strong expertise in International Financial Reporting Standards (IFRS), budgeting methodologies, and management reporting practices.
• Technological Aptitude: Hands-on experience with enterprise resource planning (ERP) systems, particularly Microsoft Dynamics, and advanced Excel modeling capabilities to drive financial analysis and reporting.
• Language and Certification: Fluency in English is mandatory; proficiency in Arabic is advantageous. Professional certifications such as Certified Public Accountant (CPA) or Certified Management Accountant (CMA) are considered a plus.