Operational Finance Supervisor / Assistant Manager

Now HiringOperational Finance Supervisor / Assistant Manager KSA Operations (Based in Egypt)

At OptiServe Solutions, we build and manage high-performing operational teams for fast-growing businesses across the Middle East.

We are currently hiring an Operational Finance Supervisor / Assistant Manager to lead and oversee operational finance activities for a Saudi Arabiabased company, while being based in Egypt, with potential future relocation to KSA.

This is a senior operational finance leadership role, combining hands-on supervision with process ownership and operational oversight across Accounts Receivable, Accounts Payable, revenue recognition, sales accuracy, VAT/Zakat compliance, and e-commerce payment reconciliation.

Role Summary

The Operational Finance Supervisor / Assistant Manager will be responsible for leading AR and AP teams, ensuring accurate financial recording of operational transactions, strong collections and payment discipline, and effective coordination with customers, vendors, and internal stakeholders.

This role is focused strictly on operational finance execution and leadership.

Team Leadership & Supervision

You will:

Supervise, mentor, and manage Accounts Receivable Accountant(s) and Accounts Payable Accountant(s)

Assign tasks, set priorities, and monitor daily operational activities

Provide coaching, training, and continuous professional development

Conduct performance reviews and provide structured feedback

Ensure adherence to policies, procedures, and deadlines

Manage workload distribution and team capacity

Coordinate remote operations across Egypt & KSA time zones

Foster a collaborative, accountable, and high-performance team culture

Handle escalated and complex accounting matters

Support recruitment and onboarding of new finance team members

Accounts Receivable Management & Oversight

You will:

Oversee invoicing, collections, and aging analysis

Review and approve high-value or complex customer transactions

Monitor collection performance against targets

Guide follow-up and escalation of overdue balances

Review aging reports and define collection priorities

Supervise customer account reconciliations and dispute resolution

Oversee e-commerce and online payment reconciliations

Review payment processor and gateway reconciliations

Supervise refund processing and payment disputes

Review gateway fees and settlement timing differences

Ensure accurate multi-currency records (SAR and others)

Accounts Payable Management & Oversight

You will:

Supervise vendor invoice processing and AP workflows

Review and approve high-value or complex vendor payments

Monitor payment accuracy, timeliness, and compliance

Guide vendor relationship management

Ensure capture of vendor discounts and early payment incentives

Review vendor statement reconciliations

Ensure proper documentation, approvals, and controls

Maintain compliance with KSA regulations and company policies

Sales Entries & Revenue Recognition

You will:

Review sales transactions and journals prepared by the team

Ensure proper revenue recognition under IFRS 15 (KSA-adopted)

Validate revenue timing, classification, and completeness

Supervise reconciliation between operational systems and accounting records

Review and approve revenue-related adjustments and accruals

Guide the team on complex revenue recognition scenarios

Sales Incentives & Vendor Discounts

You will:

Oversee tracking and reconciliation of incentives, discounts, and promotions

Review accrual calculations for customer incentives and vendor rebates

Monitor authorization and utilization of discounts

Review contracts and agreements for incentive and rebate clauses

Reconciliation, Controls & Close

You will:

Oversee AR, AP, and revenue account reconciliations

Supervise reconciliation of e-commerce sales channels

Ensure matching of gateway settlements with accounting records

Ensure accurate month-end and year-end close for operational finance

Implement and strengthen internal controls

Review discrepancies and lead resolution actions

Drive continuous process improvement initiatives

Perform quality assurance reviews of team outputs

Reporting & Business Analysis

You will:

Review and approve AR/AP, collections, and operational reports

Analyze trends in receivables, payables, and vendor performance

Provide insights and recommendations to management

Support ad-hoc operational and financial analysis

Systems & Process Improvement

You will:

Identify automation and efficiency opportunities

Lead implementation of new systems and tools

Document and maintain SOPs

Ensure effective use of ERP and accounting systems

Coordinate with IT on system enhancements and issue resolution

Cross-Functional & External Coordination

You will:

Work closely with Sales, Procurement, and Operations teams

Support external auditors during audits

Communicate with customers and vendors in Arabic & English

Provide timely and accurate financial information to support operations

Operate effectively across EgyptKSA time zones

Required Qualifications

Education

Bachelor's degree in Accounting, Finance, or related field

Experience

57 years of operational finance or accounting experience

23 years in a supervisory or assistant manager role

Strong AR & AP operational experience

Revenue recognition experience (IFRS)

VAT experience (Egypt acceptable; KSA preferred)

Experience managing remote teams is a plus

Technical Skills

Strong knowledge of IFRS (especially IFRS 15)

ERP/accounting systems experience

Advanced Excel skills (Pivot Tables, VLOOKUP, SUMIFS)

VAT compliance knowledge

Language

Arabic Required

English Excellent

Why Join Through OptiServe

• Work with a KSA-based business
• Senior operational leadership exposure
• Egypt-based role with potential relocation to KSA
• Structured finance environment and clear processes
• Career growth within regional operations