Finance Manager

Position Overview

We are seeking a highly motivated and experienced Finance Manager to join our dynamic team. In this pivotal role, you will provide strategic financial leadership, oversee comprehensive accounting functions, and ensure full compliance with regulatory requirements. The ideal candidate will possess a strong blend of technical expertise, analytical prowess, and leadership skills to drive financial excellence within our organization. This position offers a unique opportunity to shape financial strategies, optimize processes, and contribute to the company’s long-term success.

Key Responsibilities

The Finance Manager will serve as the backbone of our finance and accounting operations, with primary accountability for the following areas:

• Financial Leadership and Strategy: Develop and implement robust accounting strategies aligned with organizational goals, ensuring adherence to local and international financial standards. Collaborate closely with senior management to formulate annual budgets, forecasts, and long-range planning (LRP) strategies to support sustainable growth.
• Accounting and Reporting:
  • Prepare, maintain, and review all accounting-related documentation, ensuring accuracy and completeness.
  • Oversee financial transactions, including accounts receivable, accounts payable, banking operations, and reconciliations.
  • Prepare and submit quarterly VAT returns, monthly excise returns, and other statutory filings such as UBO and ESR submissions, as applicable.
  • Ensure compliance with ZATCA, Ministry of Finance, E-invoicing, and labor department reporting requirements.
  • Develop and maintain robust internal controls and workflows to safeguard financial integrity and align with current regulations.
  • Prepare and present financial reports, including MIS, cash flow analyses, and executive summaries for the CEO and Group Finance Controller.
  • Conduct inventory and stock valuations, perform intercompany reconciliations, and facilitate monthly submissions to headquarters.
• Audit and Compliance:
  • Lead the annual audit process, ensuring all compliance requirements are met and recommendations are implemented.
  • Act as the primary liaison with external auditors, regulatory bodies, and headquarters for all finance-related matters.
• Cash and Treasury Management:
  • Manage corporate banking accounts, including entries, reconciliations, and upkeep, while liaising with banks to complete KYC processes and negotiate terms.
  • Oversee payment processing, check issuance, remittances, and collections management, including follow-ups with sales teams and customers to address overdue accounts.
• Human Resources and Administration:
  • Oversee all HR functions in collaboration with the PRO, including visa applications, renewals, cancellations, contract management, and Saudization compliance.
  • Monitor and manage company contractual obligations, such as rentals, leases, insurance policies, and annual maintenance contracts.
  • Execute monthly payroll processing and ensure adherence to local HR policies and procedures.
  • Facilitate staff expense reimbursements, training initiatives, and development programs in alignment with CEO directives.
• Process Improvement and Collaboration:
• Identify opportunities for process enhancements to improve the quality, accuracy, and relevance of financial reporting and analytics.
• Actively participate in executive management meetings, providing strategic insights and financial guidance to support decision-making.
• Assist the CEO in budgeting processes, balancing the P&L, and conducting financial model simulations to evaluate potential business scenarios.

Qualifications and Competencies

To excel in this role, candidates must demonstrate the following qualifications, skills, and attributes:

• Education and Experience: Bachelor’s degree in Finance, Accounting, or a related field. Professional certifications such as CPA, CFA, or ACCA are highly desirable. Minimum of 7-10 years of progressive experience in finance and accounting, with at least 3 years in a managerial role.
• Technical Proficiency: Advanced expertise in Microsoft Excel, MS Access, and PowerPoint. Familiarity with ERP systems and financial software is a plus.
• Analytical and Problem-Solving Skills: Exceptional ability to analyze complex financial data, identify trends, and provide actionable insights. Strong problem-solving skills with a proactive approach to addressing challenges.
• Communication and Leadership: Excellent written and verbal communication skills, with the ability to articulate financial concepts clearly to non-financial stakeholders. Strong interpersonal skills to build collaborative relationships across departments.
• Organizational and Time Management: Highly organized, adaptable, and capable of managing multiple priorities in a fast-paced environment. Demonstrated ability to meet deadlines under pressure while maintaining attention to detail.
• Compliance and Ethical Standards: A strong commitment to ethical conduct, regulatory compliance, and corporate governance. Ability to forecast potential issues and implement preventive measures.
• Strategic Thinking: Capacity to think strategically, anticipate future financial needs, and align financial strategies with broader business objectives.

This role offers a challenging yet rewarding opportunity for a finance professional seeking to make a significant impact in a growing organization. If you are a results-driven leader with a passion for financial excellence, we invite you to apply and become an integral part of our success story.