Finance Manager

Confidential
Al Khobar, Eastern, Saudi Arabia
Salary not specified
Posted
Full-time
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Job Description

We are looking for an experienced Finance Manager to lead our retail finance operations. Key Responsibilities: - Financial Reporting & Closing: Lead month/year-end closing, ensure full IFRS compliance, and oversee journal reviews, reconciliations, and financial statements. - Retail & E-Commerce Business Support: Partner with Commercial, Supply Chain, and Digital teams to track channel performance, sales, gross margins, and OPEX. - Inventory & Cost Control: Oversee inventory accounting, stock provisions/write-offs, and POS-to-GL reconciliations while investigating COGS variances. - Cash Flow & Treasury Management: Monitor daily liquidity, support cash flow forecasting, manage working capital, and align vendor payments with cash plans. - Budgeting & Variance Analysis: Assist the Finance Director in annual budgeting, long-term forecasting, and performance-to-budget tracking. - Tax & Regulatory Compliance: Ensure accuracy for VAT/statutory filings, manage external audit processes, and adhere to local regulatory requirements (ZATCA). - Team Leadership & Development: Direct and mentor the finance team, set clear performance objectives, and build a culture of accuracy and accountability. - Process Improvement & Automation: Drive ERP enhancements, automate manual workflows, and strengthen internal reporting controls. - Key Deliverables & Success KPIs: Closing & Reporting Accuracy, Inventory & COGS Integrity, Optimized Cash Flow, Audit & Tax Compliance, and Operational Efficiency. Essential Qualifications & Skills: - Bachelor's degree in Accounting, Finance, or a related field. - Professional qualification such as CPA, ACCA, CMA, or equivalent is preferred. - 10–12 years of relevant finance and accounting experience, preferably within retail, consumer, e-commerce, or a large commercial organization. - Strong experience in financial reporting, accounting, reconciliations, controls, and month-end closing. - Previous experience managing and developing finance teams. - Strong knowledge of IFRS and financial controls. - Experience working with ERP systems and financial reporting tools. - Strong Excel and financial analysis skills. - Retail and e-commerce experience is a must.

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