Senior Finance Manager

3 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia RecruitMe Plus Full time

About the job Senior Finance Manager

Job Title: Senior Finance Manager

Location: Riyadh, Saudi Arabia

Reports to: CFO or CEO

Working Hours: 5 days a week, 8 hours per day

Job Summary:

We are seeking a highly experienced Senior Finance Manager to oversee the financial operations of large-scale construction projects in Riyadh. The ideal candidate will have extensive experience in managerial finance roles within the construction sector in GCC or KSA, with a strong background in financial planning, budgeting, cost control, reporting, forecasting, risk management, and accounting. The role will ensure compliance with KSA financial regulations and drive strategic financial decision-making.

Key Responsibilities:

  1. Financial Planning & Budgeting: Develop and manage financial plans, ensuring alignment with business objectives and construction project budgets.
  2. Cost Control & Analysis: Oversee cost management strategies to optimize profitability while ensuring efficient use of resources.
  3. Financial Reporting & Forecasting: Prepare and present financial reports, forecasts, and variance analyses to the executive team.
  4. Risk Management: Identify financial risks, implement mitigation strategies, and ensure adherence to financial policies.
  5. Compliance & Taxation: Ensure compliance with KSA finance laws, VAT, Zakat, and other tax regulations, as well as best practices in construction finance.
  6. ERP & Financial Systems: Utilize Microsoft Dynamics ERP and other financial tools for accurate and streamlined financial management.
  7. Stakeholder Management: Collaborate with internal and external auditors, financial institutions, suppliers, and project teams.
  8. Budget Oversight: Manage large-scale project budgets (minimum SAR 100 million), ensuring financial efficiency across multiple departments.
  9. Process Improvement: Implement and refine financial processes to enhance efficiency and cost-effectiveness.

Qualifications & Experience:

  1. Education: Bachelor's degree in Finance, Accounting, or a related field. A Master's degree or professional certification (CPA, CMA, ACCA) is a plus.
  2. Experience: Minimum 15 years of experience in finance, with at least 5 years in a senior managerial role within the construction industry.
  3. Industry Expertise: Strong background in general contracting or large subcontracting, preferably with modern financial systems or experience in an international construction company.
  4. Technical Skills: Proficiency in Microsoft Dynamics ERP is an advantage.
  5. Regulatory Knowledge: In-depth understanding of KSA finance regulations, construction accounting, and reporting standards.
  6. Language: Must be proficient in English. Arabic is a plus.
  7. Location Preference: KSA-based candidates are preferred, with strong experience in the KSA construction market and local finance and tax regulations.

Preferred Competencies:

  1. Strong analytical and strategic thinking abilities.
  2. Leadership and team management skills.
  3. Excellent communication and stakeholder management capabilities.
  4. Ability to work under pressure and meet tight deadlines.
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