Finance Manager

Job in Khobar, Eastern Province, Saudi Arabia

Listing for: Confidential

Full Time position
Listed on 2026-09-10

Job specializations:

Salary/Wage Range or Industry Benchmark: 300000 - 550000 SAR Yearly SAR 300000.00 550000.00 YEAR

We are looking for an experienced Finance Manager to lead our retail finance operations.

Key Responsibilities:

Financial Reporting & Closing:
Lead month/year-end closing, ensure full IFRS compliance, and oversee journal reviews, reconciliations, and financial statements.
Retail & E-Commerce Business Support:
Partner with Commercial, Supply Chain, and Digital teams to track channel performance, sales, gross margins, and OPEX.
Inventory & Cost Control:
Oversee inventory accounting, stock provisions/write-offs, and POS-to-GL reconciliations while investigating COGS variances.
Cash Flow & Treasury Management:
Monitor daily liquidity, support cash flow forecasting, manage working capital, and align vendor payments with cash plans.
Budgeting & Variance Analysis:
Assist the Finance Director in annual budgeting, long-term forecasting, and performance-to-budget tracking.
Tax & Regulatory Compliance:
Ensure accuracy for VAT/statutory filings, manage external audit processes, and adhere to local regulatory requirements (ZATCA).
Team Leadership & Development:
Direct and mentor the finance team, set clear performance objectives, and build a culture of accuracy and accountability.
Process Improvement & Automation:
Drive ERP enhancements, automate manual workflows, and strengthen internal reporting controls.
Key Deliverables & Success KPIs:
Closing & Reporting Accuracy, Inventory & COGS Integrity, Optimized Cash Flow, Audit & Tax Compliance, and Operational Efficiency.

Essential

Qualifications & Skills:

Bachelor's degree in Accounting, Finance, or a related field.
Professional qualification such as CPA, ACCA, CMA, or equivalent is preferred.
10–12 years of relevant finance and accounting experience, preferably within retail, consumer, e-commerce, or a large commercial organization.
Strong experience in financial reporting, accounting, reconciliations, controls, and month-end closing.
Previous experience managing and developing finance teams.
Strong knowledge of IFRS and financial controls.
Experience working with ERP systems and financial reporting tools.
Strong Excel and financial analysis skills.
Retail and e-commerce experience is a must.

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