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Job Description
About the Role:
We are seeking a highly experienced Finance Manager to lead and oversee all financial operations of the company. The ideal candidate will have a strong background in banking facilities, documentary credits, loans, and financial management, along with deep knowledge of Saudi tax regulations (VAT, Zakat, and tax filings). Experience in cost accounting for contracting and job-order-based industries is essential.
This position reports directly to the CEO and plays a key role in shaping the company’s financial strategy.
Key Responsibilities:
- Manage banking relationships, facilities, letters of credit (LCs), loans, and financing arrangements.
- Prepare and review VAT and Zakat returns, ensuring full compliance with Saudi tax laws.
- Oversee the preparation of consolidated financial statements.
- Implement and manage cost accounting systems, especially job-order costing.
- Supervise contracts and handle financial negotiations with suppliers and customers.
- Ensure accurate and timely financial reporting in line with local regulations.
- Lead, mentor, and develop the accounting and finance team.
- Ensure full understanding and compliance with Saudi financial regulations, labor laws, and commercial laws.
- Manage and review contracts related to construction projects, including agreements with clients, subcontractors, and suppliers.
- Perform monthly closing activities and prepare monthly financial statements and reports for management review.
- Coordinate with internal and external auditors to ensure timely and accurate issuance of financial statements and audit reports.
- Report directly to the CEO and provide strategic financial insights to support executive decision-making.
Job Requirements
- Minimum 10 years of experience in a similar financial leadership role, preferably within industrial or contracting sectors.
- Strong knowledge of Saudi tax laws (VAT, Zakat, tax filings).
- Proven experience in managing banking facilities, LCs, and financing.
- Expertise in cost accounting and job-order costing systems.
- Experience in preparing consolidated financial statements.
- Proficiency in Odoo ERP is mandatory.
- Fluent in English (written and spoken).
- Bachelor’s degree in accounting, Finance, or a related field (CPA, ACCA, or CMA preferred).
- Thorough knowledge of Saudi financial systems, regulations, and compliance requirements.
- Extensive experience in managing construction and contracting agreements with clients and vendors.
- Strong experience in working with internal and external auditors to ensure compliance and timely reporting.
