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Finance Specialist

Job in Khobar, Eastern Province, Saudi Arabia
Listing for: proven
Full Time position
Listed on 2025-12-02
Job specializations:
  • Finance & Banking
    Financial Reporting, Financial Analyst, Tax Accountant, Accounting & Finance
  • Accounting
    Financial Reporting, Financial Analyst, Tax Accountant, Accounting & Finance
Salary/Wage Range or Industry Benchmark: 150000 - 200000 SAR Yearly SAR 150000.00 200000.00 YEAR
Job Description & How to Apply Below

The role applies in-depth knowledge, experience, and best practices in accounting. They are responsible for solving complex accounting problems and work independently with minimal guidance.

1. Statutory Reporting & Audit Coordination
  • Lead and manage the preparation and review of statutory financial statements across multiple legal entities and branches.
  • Coordinate annual audit processes, ensuring timely submission of financial reports and audit deliverables to both local authorities and group consolidation teams.
  • Collaborate with auditors, group finance, and internal teams to respond to audit-related queries and finalize financial reporting packages.
  • Ensure compliance with statutory obligations, including reporting and Transfer Pricing documentation across applicable jurisdictions.
  • Prepare and submit indirect tax filings and relevant Chamber of Commerce submissions.
  • Provide accurate tax provisioning, including monthly and annual tax calculation files and supporting documentation.
2. Financial Controls & Reconciliations
  • Perform and review monthly balance sheet reconciliations, resolving discrepancies in general ledger accounts.
  • Conduct manual revaluations, including Work-in-Progress (WIP), foreign exchange adjustments, hedge accounting entries, and interest deduction calculations under applicable tax regulations.
  • Originate and process journal entries to support month-end and year-end closing activities.
  • Ensure timely and accurate financial documentation for external and internal audit requirements.
  • Maintain compliance with internal control procedures and accounting standards.
3. Stakeholder Communication & Support
  • Act as a liaison between auditors, group finance, and internal stakeholders to ensure alignment on statutory reporting timelines and compliance requirements.
  • Prepare consolidated financial reports for management and joint venture partners, including proportional ownership and financial performance analysis.
  • Support ad hoc and complex financial queries from group finance, auditors, and external advisors.
  • Provide documentation and support to internal financial reporting teams and external compliance agencies.
4. Special Projects & Process Improvements
  • Assist with finance transformation initiatives, system upgrades, and process improvement projects as needed.
  • Contribute financial analysis and data to support entity rationalization or liquidation processes.
  • Coordinate with project and finance teams to ensure a smooth and timely month-end close process.
  • Support cross-functional reporting through automated tools.
5. Financial System & Data Management
  • Maintain and validate automated financial statements and reports across global consolidation platforms.
  • Ensure proper accounting and elimination of Intercompany transactions, clearing, and suspense accounts.
  • Participate in database integration projects, including PO validation, line coding, and legal entity checks.
  • Validate receipts and ensure compliance with procurement and finance policies.
Requirements
  • Qualified CIMA, ACCA, or Chartered Accountant. Bachelor’s degree in accounting or finance required, CPA preferred
  • Strong technical accounting knowledge
  • Excellent communication and stakeholder management skills
  • Ability to work extended work hours as necessary for monthly closings.
  • 4-5 years of relevant experience
  • Effective communication and documentation skills, including the ability to interact effectively with various levels of staff and management
  • Motivated, self-directed, and results-driven approach to work, and takes ownership of assigned tasks
  • Deadline oriented
  • Ability to work extended work hours as necessary for monthly closings
  • Excellent organizational skills and pay attention to detail, including neatness and organization of work papers
  • Effective in a dynamic environment, adapting to and managing change positively and proactively
  • Capable of establishing effective working relationships that promote teamwork and collaboration
  • Effective interaction with financial reporting, regulatory reporting, internal auditors, and external auditors
  • Ability to remain positive, professional, calm, and focused when faced with challenging situations
  • Computer literate in Microsoft programs:
    Word, Access, PowerPoint, Excel
  • Ability to work independently
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