Finance Manager

The Company

Globe 24-7 in partnership with a key client are working together to source experienced and qualified Arabic Finance Manager for their office in Jeddah.

The Responsibilities

Financial Management & Reporting

• Manage all finance and accounting functions for the company’s KSA operations.
• Prepare accurate and timely financial statements, including profit & loss, balance sheet, and cash flow statements.
• Ensure compliance with IFRS and Saudi financial regulations.
• Provide financial analysis, insights, and recommendations to senior management.

Payroll Management

• Oversee and manage end-to-end payroll processing for all KSA employees.
• Ensure payroll compliance with Saudi Labor Law, GOSI, and statutory deductions.
• Maintain accurate payroll records and coordinate with HR on employee changes, benefits, and terminations.
• Reconcile payroll accounts and resolve discrepancies in a timely manner.

Accounting Records – KSA Format

• Maintain and manage financial records in accordance with KSA statutory requirements.
• Ensure proper documentation, filing, and retention of financial records in the required KSA format.

Budgeting, Forecasting & Cost Control

• Lead the annual budgeting and financial planning process for KSA operations.
• Monitor actual performance against budget and provide variance analysis.
• Support project and exploration cost tracking, control, and reporting.
• Provide financial forecasts and scenario analysis to support strategic decision-making.

Treasury & Cash Flow Management

• Manage cash flow, banking relationships, and financial transactions.
• Monitor working capital and ensure sufficient liquidity for operations.
• Oversee payments to suppliers, contractors, and service providers.
• Implement financial risk management and internal controls.

Liaison with Parent Company

• Act as the primary finance contact between the KSA entity and the parent company.
• Provide regular financial updates, reports, and analyses to the parent company finance team.
• Align local financial practices with group policies and reporting requirements.
• Support group consolidation and audit processes as required.

Support for Potential Joint Venture (JV) Company

• Support financial planning and structuring for a potential JV company in KSA.
• Assist in setting up financial systems, policies, and reporting frameworks for the JV.
• Liaise with parent company finance managers regarding JV financial operations, budgeting, and governance.
• Provide financial insights and recommendations related to JV feasibility and performance.

The Requirements

Education

• Bachelor’s degree in Finance, Accounting, or related field.
• Arabic speaking

Experience

• 2–5 years Financial experience
• Experience in mining, construction, or heavy industry is highly preferred.
• Proven experience in payroll management, statutory reporting, and financial controls.

The Rewards

The position offers a competitive remuneration package.

Contact Us

Please apply directly by submitting your resume, preferably as a Microsoft Word document.