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Finance Manager

Job in Dammam, Eastern Province, Saudi Arabia
Listing for: Welspun Group
Full Time position
Listed on 2026-10-01
Job specializations:
  • Finance & Banking
    Financial Reporting, Financial Compliance, Financial Analyst, Financial Manager
Salary/Wage Range or Industry Benchmark: 180000 - 240000 SAR Yearly SAR 180000.00 240000.00 YEAR
Job Description & How to Apply Below
Purpose of the Role

Support the HOD in managing the end-to-end finance function for KSA operations by driving financial planning & analysis, management reporting, governance, statutory compliance, stakeholder coordination, and finance transformation initiatives while ensuring effective oversight of outsourced accounting operations.

Key Responsibilities Financial Planning & Analysis
  • Lead annual budgeting, quarterly forecasting, and long-term business planning.
  • Prepare monthly management accounts, variance analysis, and financial performance reviews.
  • Develop financial models to support strategic and operational decision-making.
  • Monitor KPIs, working capital, cash flow, profitability, and capital expenditure.
Management Reporting & Board Support
  • Prepare Board Packs, Management Committee presentations, and CEO review decks.
  • Deliver timely MIS, business dashboards, and executive reports.
  • Support business reviews with financial insights and actionable recommendations.
Finance Controllership
  • Oversee outsourced accounting activities performed by the Global Capability Centre (GCC).
  • Review month-end and year-end closing, balance sheet reconciliations, and financial reporting.
  • Ensure compliance with accounting policies, internal controls, and group reporting timelines.
  • Drive continuous improvement in finance processes and reporting quality.
Business Partnering
  • Partner with operations, procurement, commercial, supply chain, and project teams on financial matters.
  • Evaluate business proposals, pricing, investment decisions, and cost optimisation initiatives.
  • Support strategic initiatives with financial analysis and commercial evaluation.
Governance, Compliance & Audit
  • Coordinate statutory, internal, tax, and group audits and ensure timely closure of audit observations.
  • Maintain compliance with local regulations, corporate governance requirements, and internal policies.
  • Support implementation and monitoring of internal financial controls.
Regulatory & Corporate Reporting
  • Coordinate Local Content Certification and reporting requirements.
  • Manage Related Party Transaction documentation and reporting.
  • Support transfer pricing documentation and regulatory disclosures.
  • Coordinate with external consultants and government authorities on finance-related matters.
Treasury & Risk Management
  • Coordinate insurance renewals, claims, and risk management activities.
  • Support banking relationships, guarantees, letters of credit, and financing documentation.
  • Monitor cash flow forecasts and liquidity requirements.
Ad-hoc Projects
  • Prepare financial analysis and presentations for senior management and shareholders.
  • Support ERP enhancements, finance automation, and digital reporting initiatives.
  • Lead or participate in cross-functional strategic projects as assigned by the HOD.
Desired Candidate Profile
  • CA / CMA preferred.
  • 5–8 years of progressive experience in FP&A, finance controllership, or corporate finance.
  • Manufacturing or industrial sector experience preferred.
  • Strong understanding of IFRS, financial controls, budgeting, and management reporting.
  • Experience coordinating with shared service centres (GCC/SSC/BPO) is desirable.
  • Advanced Excel and PowerPoint skills; SAP experience preferred.
  • Excellent analytical, communication, and stakeholder management skills.
  • Ability to work independently in a fast-paced, greenfield manufacturing environment.
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