Finance Manager
4 months ago
Finance Manager - KSA
**Who Are We?**
**Thndr **was founded with a dream to democratize investing. We wanted to give anyone with a smartphone the ability to grow and preserve their wealth. What access and knowledge only few had, we wanted to extend to many. This, we believe, can only be achieved by increasing (and deepening) participation in local capital markets.
History has shown that investing is the single greatest way to build long term wealth. However, there are a lot of barriers that prevent every day Saudi individuals from meaningfully participating in the stock market. The most significant of which is low financial literacy - personal finance and investing are rarely taught at home or school.
**The journey so far** Thndr launched in Egypt in 2020 and in less than four years, we've introduced 296K first-time investors to the Egyptian Stock Exchange. That's 66% of all investors on the EGX. Thndr's app is sleek and easy to use, but that alone doesn't explain why users felt confident to start their investing journey with us. We attribute much of that result to our commitment to educational content, be it easy-to-understand articles or accessible videos on social media.
**Our KSA Vision** We're coming to Saudi with the same mindset. Similar to Egypt, Saudi society struggles with low rates of financial literacy. This problem has been identified by the Saudi Ministry of Finance and is best quantified by the household savings rate, which currently stands at 1.6% of total household income. Saudi's Vision 2030 National Savings and Financial Literacy Strategy has set a target of increasing this to 10% by 2030. Through code and content - our bread and butter - we will work diligently to help achieve this goal.
**Thndr in Numbers**
On our short journey we've validated that there is a need for our solution, as illustrated by these key figures in Egypt:
- 3 million app downloads
- 84% of users are first time investors
- 65% of users live outside Cairo, Giza and Alex
- Grew from 8 to 250 employees in 4 years across Egypt and UAE
- Became Egypt's largest retail broker: $8.8bn in annualized traded value
- Raised $20M Series A from Beco Capital, Prosus Ventures, Tiger Global ++
- Built a sustainable business with sound unit economics and an accelerating user acquisition rate: acquired 31K users in Q1'23 vs 73K in Q1'24 (235% growth)
**Role in A Nutshell**
**What You'll Do**
**Financial Reporting and Control**:
- Prepare company financial statements in compliance with KSA accounting standards, regulations, taxation and zakat law.
- Implement financial controls to safeguard company assets and maintain accurate records.
- Work with 3rd party auditors & tax consultants to deliver audits & submissions in a timely manner.
- Ensure adherence with company internal policies.
**Budget Management**:
- Develop Thndr KSA's annual budget & financial model in cooperation with the GM and with the help of the Finance Team in Egypt.
- Conduct financial analysis & forecasts to support decision-making.
- Monitor budget performance regularly and provide guidance to control costs and achieve financial targets.
- Support strategic planning and business initiatives.
**Payroll and Banking Operations**:
- Assist the people team with payroll management.
- Oversee banking operations, including managing relationships with banks.
- Ensure efficient and accurate processing of payroll and banking transactions.
**What We're Looking For?**
- High integrity, high agency, and high attention to detail.
- CME1A & CME1B certification (or willingness to take the exams).
- Self-motivation and biased towards actions.
- Experience managing a budget and owning a financial reporting function.
- Solid understanding of financial management and accounting.
- Excellent communication and presentation skills.
- Ability to think clearly and solve problems.
- Ability to work in a fast-paced, dynamic startup environment and adapt to evolving needs
Thndr's culture rewards resourcefulness, self-initiative, and high-ownership. If you have that, and are also passionate about democratizing investing, we would love to speak with you.
Job ID TIJQy26XpzK8
-
Finance Manager
4 months ago
الرياض, Saudi Arabia One Tech Capital LLC Full timeFinance Manager Job Title: Finance Manager Department: Finance Department Reporting to: CFO Company Name: One XYZ company Location: KSA Job brief We are looking for a reliable Financial Manager that will analyze everyday financial activities and subsequently provide advice and guidance to upper management on future financial...
-
Finance Manager
2 months ago
الرياض, Saudi Arabia Compass Project Consulting Full timeThe Role **About Us**: - Compass Project Consulting is a leading consultancy firm specializing in construction, project management, and built environment solutions. Known for our commitment to quality and client satisfaction, we bring strategic insights and innovative solutions to complex projects across the GCC and beyond. We are now seeking an experienced...
-
Finance Manager
1 month ago
الرياض, Saudi Arabia Shams Addawaa Medical Est Full time**Finance Manager** **Department **:Finance **Location **:Riyadh **Job Summary**: Responsible for financial planning, organizing, and directing all accounting and functions in the Finance Department. Responsible for safeguarding organization assets and fiscal record keeping. Responsible for the preparation of reports for Senior Management. Monitors...
-
Finance Manager
2 days ago
الرياض, Saudi Arabia AstroLabs DMCC Full time**Location: KSA** **Reporting to**:VP of Finance and Ops **Who we Are - AstroLabs, the Gulf’s leading Business Expansion Platform**: At AstroLabs, we specialize in facilitating high-growth companies' entry into the Saudi and UAE markets. We offer comprehensive growth services including business setup, co-working spaces, and recruitment, alongside...
-
Finance Manager
1 month ago
الرياض, Saudi Arabia Ascott Full timeAbout Us - When you build a career at Ascott, we want to bring out the best in you. Whether you're an experienced professional pursuing a hospitality career or a student aspiring to learn more about the dynamic serviced residence sector, Ascott offers ample opportunities for individuals seeking to expand their horizons beyond boundaries.- Across a variety of...
-
Finance Manager
3 months ago
الرياض, Saudi Arabia AtkinsRéalis Full time**Join us in engineering a better future for our planet and its people.** AtkinsRéalis is a world-leading design, engineering and project management organization. We connect people, data and technology to transform the world's infrastructure and energy systems. Together, with our industry partners and clients, and our global team of consultants, designers,...
-
Finance Manager
3 months ago
الرياض, Saudi Arabia AL ADRAK CONTRACTING CO LLC Full timeThe Finance Manager will oversee all financial activities within Al Adrak group of Companies, Saudi Arabia, ensuring accurate financial reporting, effective budgeting, and compliance with local and international financial regulations. This role requires a strategic thinker with strong analytical skills and the ability to lead a finance team in a...
-
Finance Manager
2 months ago
الرياض, Saudi Arabia Agile Consultants Full timeThe Role **Job Brief**: Our client is looking for an experienced Finance Manager to oversee financial reporting, accounting, compliance, and operational financial management. This role is responsible for ensuring accuracy in financial records, supporting corporate reporting requirements, and managing financial compliance under ZATCA regulations. The Finance...
-
Finance Manager
3 months ago
الرياض, Saudi Arabia Dr Nutrition UAE Full time**Key Responsibilities**: - Lead and manage the finance team, ensuring timely and accurate financial reporting. - Develop, monitor, and implement financial strategies, including budgeting and forecasting. - Ensure compliance with local regulations, tax laws, and accounting standards. - Analyze financial performance and provide recommendations for...
-
Manager - Finance Operations
2 months ago
الرياض, Saudi Arabia Qiddiya Investment Company Full timeQiddiya Investment Company is redefining entertainment in Saudi Arabia, and we are in search of an organized and proactive individual to fill the position of Manager - Finance Operations. This role is integral to ensuring that our finance operations are running efficiently and effectively, supporting our dynamic growth ambitions. As the Manager of Finance...
-
Finance Manager
6 days ago
الرياض, Saudi Arabia Durar Masagh Trading Est. Full timeDevelop and manage budgets, forecasts, and financial plans. - Analyze financial data to provide insights and recommendations. - Prepare monthly, quarterly, and annual financial reports. - Develop and implement credit policies and procedures. - Monitor outstanding invoices and customer credit limits. - Oversee collection activities, including following up...
-
Finance Manager
1 month ago
الرياض, Saudi Arabia Marriott International, Inc Full time**Additional Information** **Job Number**24119563 **Job Category**Finance & Accounting **Location**The St. Regis Riyadh, 2941 Makkah Al Mukarramah Road, Riyadh, Saudi Arabia, Saudi Arabia, 12912 **Schedule**Full Time **Located Remotely?**N **Position Type** Management **JOB SUMMARY** Supports the day-to-day execution of general ledger impacted processes,...
-
Senior Manager
3 months ago
الرياض, Saudi Arabia Majid Al Futtaim Full timeDescription **JOB TITLE** Senior Manager - Finance | MAF Retail | Head Office KSA **ROLE SUMMARY** The Senior Manager - Finance will oversee and direct the financial operations of a number of stores within the different district. The role involves managing district finance managers, ensuring financial integrity, driving profitability, and providing...
-
Sr. Finance Manager
3 months ago
الرياض, Saudi Arabia Career Maker Full timeThe Senior Finance Manager will lead and manage the organization’s financial operations, ensuring accurate, timely, and compliant financial reporting across all areas. This position involves close collaboration with subsidiaries to enforce adherence to reporting deadlines and financial policies. The role includes establishing accounting policies,...
-
Finance & Accounting Manager
4 weeks ago
الرياض, Saudi Arabia Greenberg Traurig Full timeGreenberg Traurig (GT), a global law firm, has an exciting full-time employment opportunity for a Finance & Accounting Manager of our Riyadh regional headquarters office. We offer competitive compensation and an excellent benefits package. Position Summary: Duties & Responsibilities: - Oversees the accounting/finance/revenue management functions of the...
-
Manager Accounts and Finance
2 weeks ago
الرياض, Saudi Arabia Xad Technologies LLC Full time**Job Summary** **Key Responsibilities** **Project Accounting**: Monitor and manage project-specific budgets, costs, and revenues. Oversee project cost tracking, revenue recognition, and profitability analysis. Coordinate with project teams to ensure accurate financial forecasting and reporting. **Financial Management**: Prepare and manage annual...
-
Finance and Administrative Manager
2 months ago
الرياض, Saudi Arabia Danfoss Full timeRequisition ID: 40637- Job Location(s): Riyadh, SAWe are looking for a Financial and Administrative Manager who is responsible for managing all finance services of our sales company and ensuring that all financial transactions, systems, and reporting comply with regulations, accounting principles, and standards established by the Company and by authorities....
-
Finance Manager
2 months ago
الرياض, Saudi Arabia GEN PLUS Group Full timeAbout Plus Group Gen Plus Group is a vibrant global collective of agencies reshaping industry norms with a commitment to surpassing expectations. Rooted in the 'Plus' philosophy, our dedication goes beyond the ordinary, creating connections that transcend transactions. As industry-leading Story-Tellers, Story-Shapers, and Story-Makers, we unite the...
-
Finance Assistant
3 months ago
الرياض, Saudi Arabia EVOLUTION Full time**Role Description**: The Finance and Administrative Manager is responsible for overseeing the financial operations, accounting, and administrative functions of the organization. This role ensures the company's financial activities are conducted in compliance with all relevant laws, regulations, and internal policies. The manager will lead a team of finance...
-
Finance Manager
3 months ago
الرياض, Saudi Arabia Syarah Full time**Syarah **is on a mission to change how people buy their cars in Saudi and the Middle East. We offer buyers an end-to-end digital car buying experience where they can buy their next car from the comfort of their living rooms. Under the hood, we build systems to manage sourcing of cars, inspection, photography, merchandising, reconditioning, financing,...