The Finance Operations Manager oversees end-to-end finance operations across Accounts Payable (AP), Accounts Receivable (AR), General Ledger (GL), Treasury, Audit, Tax, and Compliance. This role leads a team of accountants, ensuring efficient processes, accurate reporting, and full compliance with local regulations.
Day-to-Day Tasks:
- Establish and structure the finance function in KSA, including creation of the Chart of Accounts, cost centers, project codes, and financial reporting framework aligned with group and local requirements.
- Develop and implement financial governance and control frameworks, including Delegation of Authority (DoA), finance policies, procedures, approval workflows, and audit trails to ensure full compliance and transparency.
- Set up and manage corporate bank accounts, establish and maintain strong banking relationships, and oversee treasury activities including cash positioning, liquidity management, and bank reconciliations.
- Lead cash flow planning and forecasting, monitor liquidity requirements, and ensure adequate funding to support operational and project needs.
- Oversee Accounts Payable, Accounts Receivable, Treasury, and General Ledger operations, ensuring accuracy, completeness, and compliance with internal controls and financial policies.
- Ensure timely and accurate month-end and year-end closing, including preparation of financial statements, reconciliations, and supporting schedules.
- Ensure full compliance with KSA statutory, tax, and regulatory requirements, including VAT filings, ZATCA compliance, and submission of all statutory and financial reports.
- Develop and maintain strong internal controls, financial policies, and risk management practices, ensuring alignment with corporate governance standards and regulatory expectations.
- Manage audit processes, including coordination with internal and external auditors, ensuring audit readiness, proper documentation, and timely resolution of audit findings.
- Provide accurate financial reporting, analysis, and insights to support strategic decision-making, operational planning, and performance monitoring.
- Monitor financial performance, KPIs, and variances, identify risks or gaps, and implement corrective actions to ensure financial discipline and efficiency.
- Support project financial setup and monitoring, including project codes, budget tracking, cost allocation, and financial reporting for projects.
- Build and lead the finance operations team, ensuring clear roles, accountability, high performance, and continuous development.
- Act as the primary finance point of contact in KSA, partnering with senior management, operations, auditors, banks, and regulatory authorities.
- Drive process improvements, automation, and implementation of finance systems, ensuring scalable, efficient, and well-controlled finance operations.
Qualifications & Experience
- Bachelor's degree in accounting / Chartered Accountant (mandatory).
- 8-12 years of finance experience with at least 35 years in a managerial role, mandatory KSA experience.
- Big 4 and Real Estate experience are a must
- Strong background in real estate finance operations within the KSA.
- Proven expertise across Accounts Payable (AP), Accounts Receivable (AR), General Ledger (GL), Treasury, Audit, Tax, and Compliance.
- Demonstrated leadership, people management, and strong communication skills.
- Extensive experience with Oracle Suites; implementation experience is highly preferred.
- Solid knowledge of ERP and financial systems.
- Good understanding of banking systems and experience working closely with banks.
- Proficient in English communication skills.
