Finance Officer
الوصف الوظيفي
Finance Officer – Premium Residential Resort in North Riyadh
Join our dynamic team as a Finance Officer and play a pivotal role in ensuring seamless financial operations for a prestigious residential resort in North Riyadh. In this critical position, you will drive accuracy in financial record-keeping, optimize transaction processing, and collaborate closely with the Finance Manager to deliver transparent, compliant, and strategic financial insights. This is an opportunity to contribute to the financial health of a leading real estate asset while growing your expertise in property finance and accounting.
As the backbone of our financial operations, you will oversee key financial processes with precision, ensuring compliance with regional regulations while supporting the broader objectives of the resort. Your work will directly impact financial stability, operational efficiency, and stakeholder confidence—making this role essential to our success.
Key Responsibilities
In this full-time, on-site role, your responsibilities will span across core financial functions, including:
- Accounts Payable Management: Process vendor invoices with meticulous attention to detail, verify supporting documentation, and ensure alignment with approved budgets. Prepare payment instructions and coordinate with banking partners to guarantee timely and accurate disbursements. Maintain up-to-date vendor master files, payment schedules, and contract documentation while tracking outstanding payables and resolving discrepancies efficiently.
- Accounts Receivable & Tenant Financials: Lead invoicing, receipting, and payment reconciliation processes, ensuring seamless tenant transactions. Process tenant payments, issue receipts, and manage deposits and refunds with precision. Collaborate with the collections team to support receivables documentation and reporting, maintaining accurate and organized financial records.
- Financial Record-Keeping & Reconciliation: Maintain an accurate general ledger, perform regular transaction reconciliations, and prepare daily cash position reports. Reconcile utility invoices, meter readings, and tenant rebilling calculations to ensure financial accuracy. Organize both electronic and physical filing systems to ensure all records are audit-ready and readily accessible.
- Strategic Reporting & Financial Planning: Assist in preparing monthly management accounts and budget variance reports, providing actionable insights for decision-making. Support cash flow forecasting and financial planning initiatives, ensuring alignment with organizational goals. Compile data and documentation to facilitate internal and external audit processes, reinforcing financial transparency.
- Compliance & Regulatory Adherence: Ensure all transactions comply with Saudi Arabian tax regulations, including VAT, e-invoicing, and Withholding Tax (WHT) requirements. Support statutory filing obligations and maintain comprehensive documentation for audit trails and regulatory reviews. Implement and uphold financial policies and internal control procedures to mitigate risks.
- Cross-Functional Coordination: Interface with facilities management contractors to verify invoices and coordinate payments. Collaborate with property, leasing, and operations teams on financial matters, providing timely responses to internal queries regarding payments, invoices, and account statuses. Remain adaptable to additional financial tasks as assigned by the Finance Manager.
Qualifications & Skills
We are seeking a detail-oriented professional with a proven track record in real estate accounting or property finance. Your expertise will be instrumental in driving efficiency and accuracy across our financial operations. The ideal candidate will possess:
- A minimum of 3 years of experience in real estate accounting, property finance, or facilities management financial operations, with a preference for experience in the KSA or GCC property management sector.
- A degree in Finance, Accounting, or Business Administration from a recognized institution.
- Proficient knowledge of accounts payable, accounts receivable, and reconciliation processes, with hands-on experience in property management systems such as Yardi, Yarn, or similar platforms.
- A strong understanding of Saudi Arabian tax and compliance requirements, including VAT, e-invoicing, and regulatory reporting.
- Fluency in English (written and spoken), with Arabic proficiency being a significant advantage.
- Exceptional attention to detail and analytical skills, coupled with proficiency in Microsoft Excel (advanced formulas, pivot tables), Word, and PowerPoint.
- Strong numerical and organizational abilities, along with excellent communication and collaboration skills to interface effectively across teams.
- A commitment to professional integrity, adaptability, and continuous learning in a fast-paced environment.
Why Join Us?
This is more than just a job—it’s a chance to grow within a global real estate services leader and gain hands-on experience in institutional-grade property financial management. You will benefit from:
- Opportunities for career development and professional training tailored to your growth.
- A collaborative and supportive team environment that values your contributions.
- Competitive compensation and benefits designed to recognize your expertise.
- Exposure to cutting-edge financial systems and best practices in the GCC real estate sector.
If you are passionate about finance, thrive in a dynamic setting, and are eager to make a meaningful impact, we invite you to be part of our team. Join us in shaping the future of premium residential finance in Riyadh.
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