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Role Overview
We are seeking an experienced Finance Manager to oversee finance operations within a large-scale, multi-site retail environment in Saudi Arabia. The role requires a proactive finance professional who can streamline processes, improve reporting efficiency, strengthen financial controls, and work closely with business and operations teams to support timely decision-making.
Key Responsibilities
· Lead day-to-day finance operations and ensure accurate and timely financial reporting.
· Manage budgeting, forecasting, financial planning, cash flow, working capital and management reporting.
· Oversee audit activities and coordinate effectively with internal and external stakeholders.
· Drive process improvements across finance operations, identifying bottlenecks and implementing faster, more efficient ways of working.
· Work closely with store operations and business teams to improve financial discipline, reporting and operational efficiency.
· Support ERP, automation and finance transformation initiatives to improve processes and data visibility.
· Monitor financial performance and provide management with relevant insights to support business decisions.
· Lead, develop and manage the finance team, ensuring accountability and timely delivery.
· Ensure compliance with company policies, financial controls and applicable regulatory requirements.
· Support the organisation through a period of growth, transformation and increased reporting and governance requirements.
Industry Background
· Experience in retail, FMCG or another large-scale, multi-site business is preferred.
· Experience working across multiple stores, branches, entities or business units will be highly valued.
Core Compentencies:
8+ years of progressive experience in accounting and finance, preferably within a large retail, FMCG, multi-site, or diversified organization.
● Strong knowledge of IFRS, accounting principles, financial reporting, and financial controls.
● Good knowledge of Saudi Arabia's VAT, ZATCA, taxation, and applicable financial regulatory requirements.
● Strong understanding of budgeting, forecasting, financial analysis, cash flow, working capital, and cost management.
● Strong experience in account reconciliation, month-end/year-end closing, audit coordination, and financial reporting.
● Good knowledge of ERP systems and financial applications, preferably SAP or equivalent.
● Advanced Microsoft Excel and strong financial reporting and data analysis skills.
● Ability to analyze financial information, identify trends and variances, and provide practical business recommendations.
● Strong understanding of internal controls, segregation of duties, authority matrices, and risk management.
● Strong communication, interpersonal, negotiation, and stakeholder management skills.
● Ability to manage multiple priorities, meet strict deadlines, and work effectively in a fast-paced retail environment.
● High level of integrity, confidentiality, accuracy, and attention to detail.
Education
Bachelor's degree in accounting, Finance preferably with relevant certifications such as CPA, ACCA, CMA, SOCPA, or equivalent is preferred.
Location
· Jeddah, Saudi Arabia
At Black & Grey, we connect high potential young talent and experienced game-changers to great businesses in the Middle East. This is what we do best!
We believe most human resource issues are not black-&-white; people have wonderful variables and aspirations at every stage of their career. To strike the right balance and effectively manage the grey areas of HR, we invest time and effort to understand our client’s and candidate's exact needs and deliver the right solutions using insights, intellect and a lot of compassion.
Talk to us today to take the next step in fulfilling your professional goals.
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Job ID: 152517057
Skills:
Risk Management Internal Controls, ERP systems, Cash Flow Treasury Management, Financial Planning Analysis, Financial Reporting, Budgeting Forecasting, Advanced Microsoft Excel
Skills:
performance management, risk management, SOCPA, Financial Planning, Gaap, GL reconciliations, Cost Control, Variance Analysis, IFRS, A R, Resource Planning, budgeting, A P, Financial Statements
Skills:
budgeting, risk management, SOCPA, Financial Controls, inventory costing, GL reconciliations, Financial Planning, Gaap, Accounting Operations, Cost Control, Variance Analysis, IFRS, Forecasting