Finance Officer

About the Role

We are seeking a meticulous and proactive Finance Officer to join our team at a distinguished residential resort located in the premium district of North Riyadh. In this pivotal role, you will play a critical part in overseeing and optimizing our financial operations, ensuring the integrity, accuracy, and compliance of all financial transactions. Your responsibilities will encompass the full spectrum of accounts payable and receivable, financial record-keeping, reconciliation, and reporting, all while adhering to the highest standards of financial governance and regulatory compliance. This position offers a unique opportunity to contribute to the financial health of a high-caliber real estate asset, working within a dynamic and collaborative environment.

Key Responsibilities

The Finance Officer will be responsible for a diverse range of financial activities, including:

• Accounts Payable Management: Process vendor invoices with precision, verifying supporting documentation against approved budgets to ensure compliance and accuracy. Prepare and coordinate payment instructions with banking partners to facilitate timely disbursements. Maintain comprehensive vendor master files, payment schedules, and contract documentation to support efficient financial operations.
• Accounts Receivable Oversight: Assist in the invoicing, receipting, and payment reconciliation processes to ensure timely and accurate financial transactions. Process tenant payments, issue receipts, and maintain meticulous records of all receipts. Support deposit management and refund processing while collaborating with the collection team to resolve discrepancies and enhance cash flow efficiency.
• Financial Record-Keeping & Reconciliation: Maintain accurate general ledger accounts and perform regular reconciliations to ensure the integrity of financial data. Prepare daily cash position reports and monitor bank account activity to support informed decision-making. Reconcile utility invoices, meter readings, and tenant rebilling calculations to ensure billing accuracy and compliance with contractual obligations.
• Reporting & Analysis: Assist in the preparation of monthly management accounts and budget variance reports to provide actionable insights into financial performance. Support cash flow forecasting and financial planning activities to align with organizational objectives. Maintain organized electronic and physical filing systems for financial documentation, ensuring readiness for internal and external audits.
• Compliance & Documentation: Ensure all financial transactions adhere to Saudi Arabian tax regulations, including VAT, e-invoicing, and withholding tax requirements. Support statutory filing obligations and compliance reporting to mitigate risks and maintain regulatory adherence. Maintain accurate documentation for audit trails and regulatory reviews, implementing and adhering to financial policies and internal control procedures.
• Cross-Functional Coordination: Collaborate closely with facilities management contractors to verify invoices and coordinate payments. Work seamlessly with property, leasing, and operations teams to address financial inquiries, resolve discrepancies, and support operational efficiency. Respond promptly to internal queries regarding payments, invoices, and account statuses while performing additional financial tasks as assigned by the Finance Manager.

Key Requirements

To excel in this role, candidates must meet the following qualifications and possess the following skills:

• Education & Experience: A bachelor’s degree in Finance, Accounting, or Business Administration is required. A minimum of three years of relevant experience in real estate accounting, property finance, or facilities management financial operations is essential. Experience within the Kingdom of Saudi Arabia or the GCC region, particularly in property management, is highly advantageous.
• Technical Proficiency: Demonstrated expertise in accounts payable, accounts receivable, and reconciliation processes is critical. Familiarity with property management systems such as Yardi, Yarn, or similar platforms is preferred. A solid understanding of Saudi Arabian tax and compliance requirements, including VAT and e-invoicing, is necessary.
• Language & Communication: Fluency in English (written and spoken) is mandatory. Proficiency in Arabic is a strong asset, given the operational context in Saudi Arabia.
• Core Competencies: Exceptional attention to detail, accuracy, and organizational skills are vital for success in this role. Strong numerical and analytical abilities, coupled with proficiency in Microsoft Excel (including advanced formulas and pivot tables), Word, and PowerPoint, are required. Excellent time management, communication, and teamwork skills are essential to thrive in a collaborative environment.

What We Offer

As a Finance Officer at our premium residential resort, you will benefit from a range of professional and personal development opportunities within a globally recognized real estate services organization. This role provides hands-on experience in managing the financial operations of an institutional-grade property, offering exposure to best practices in financial governance and compliance. You will join a supportive and dynamic team environment, where collaboration and continuous learning are encouraged. In addition to a competitive compensation package, we provide comprehensive benefits and opportunities for career advancement in a thriving industry.

Location & Employment Type

This is a full-time, on-site position based in Riyadh, Kingdom of Saudi Arabia. We are committed to fostering a diverse and inclusive workplace where your contributions are valued and your professional growth is prioritized.