Confidential

Finance Manager

Confidential

Al Khobar, Eastern Province, Saudi Arabia · Full Time

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Experience
10–12 yrs
Salary
Openings
1
Posted
28 seconds ago
Work mode
In office
Education
Bachelor's degree in Accounting, Finance, or related field
Resume
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Job description

Overview

We seek a seasoned Finance Manager to oversee and drive our retail finance operations with a focus on ensuring accuracy, compliance, and efficiency within a retail and e-commerce context.

Key Responsibilities

  • Manage month-end and year-end financial closing processes ensuring adherence to IFRS standards, including journal review, reconciliations, and preparation of financial statements.
  • Collaborate closely with Commercial, Supply Chain, and Digital departments to monitor channel performance, sales metrics, gross margin, and operational expenses.
  • Supervise inventory accounting activities, including stock provisions, write-offs, POS-to-general ledger reconciliations, and investigate cost of goods sold discrepancies.
  • Oversee cash flow management by monitoring liquidity, forecasting cash needs, managing working capital, and coordinating vendor payments aligned with cash flow plans.
  • Support the Finance Director with annual budgeting, long-term forecasts, and tracking financial performance against budget.
  • Ensure compliance with tax regulations such as VAT and local statutory filings; manage external audits and comply with ZATCA requirements.
  • Lead, mentor, and develop the finance team by defining clear performance goals and fostering a culture emphasizing precision and accountability.
  • Drive process enhancements and automation by advancing ERP systems, reducing manual workflows, and reinforcing internal reporting controls.
  • Focus on critical performance indicators including accurate financial closings, expense integrity, optimized cash flow, regulatory compliance, and operational efficiency.

Qualifications and Skills

  • Bachelor's degree in Accounting, Finance, or related discipline.
  • Professional certifications like CPA, ACCA, CMA, or similar credentials are advantageous.
  • 10 to 12 years of finance and accounting experience, ideally within retail, consumer goods, e-commerce, or substantial commercial enterprises.
  • Proven expertise in financial reporting, accounting processes, reconciliations, internal controls, and month-end closings.
  • Experience in leading and nurturing finance teams.
  • Deep understanding of IFRS standards and financial control mechanisms.
  • Familiarity with ERP platforms and financial reporting software.
  • Advanced Excel proficiency and strong financial analytical capability.
  • Essential prior involvement in retail and e-commerce environments.

Minimum education

Bachelor's Degree

Tools & software

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