Senior Financial Reporting Specialist

About Saudi Gold Refinery

Saudi Gold Refinery (SGR) is a Saudi mining and precious‑metals company specialized in the refining of gold and precious metals, bullion production, and value‑added precious‑metal services. Operating within the Kingdom's mining value chain, SGR is aligned to the Vision 2030 mining pillar and to the regulatory framework set by the Ministry of Industry and Mineral Resources (MIM) and applicable Saudi and international standards.

We produce responsibly sourced, traceable, and certified bullion, operate to LBMA Good Delivery and ISO‑aligned quality standards, and invest in the people, processes, and controls behind every bar we produce.

Saudi Gold Refinery (SGR) is seeking a Senior Financial Reporting Specialist in Riyadh, Saudi Arabia to lead the preparation of accurate and compliant financial statements for our integrated mining and refining operations. This role ensures adherence to IFRS and local statutory requirements while managing the complexities of precious metal inventory valuation and cost accounting. The specialist will play a critical part in maintaining financial integrity across our exploration, processing, and bullion production activities.

The Senior Financial Reporting Specialist will report directly to the Finance Manager and will play a key role in streamlining the monthly close process and enhancing internal controls. This position requires a disciplined professional who can collaborate with operations and laboratory teams to translate technical data into precise financial records.

The Senior Financial Reporting Specialist will be responsible for the following key areas:

The role executes the monthly close calendar by posting all necessary journals, accruals, and prepayments to ensure timely financial reporting.

This position prepares consolidated financial statements in compliance with IFRS and Saudi statutory requirements for submission to regulators and shareholders.

The specialist reconciles physical gold inventories including dore and bullion with system records by integrating assay and weight data from the laboratory.

The role serves as the primary point of contact for external auditors, facilitating the annual audit process and addressing all queries promptly.

This position calculates and files quarterly Zakat declarations in accordance with ZATCA regulations, ensuring full compliance with Saudi tax laws.

The specialist analyzes production costs for refining and exploration activities, providing detailed variance reports to support management decision‑making.

The role designs and monitors internal controls over financial reporting to mitigate risks and ensure the accuracy of financial data.

This position maintains the fixed asset register for mining equipment and plant infrastructure, ensuring accurate depreciation and impairment testing.

The specialist identifies opportunities to improve financial systems and processes, enhancing efficiency and data integrity across the finance function.

The role provides guidance and training to junior accounting staff, fostering a culture of accuracy and professional development within the team.

• Bachelor's degree in Accounting or Finance from a recognized university.
• Professional qualification such as SOCPA, CPA, ACCA, or CMA is mandatory.
• At least seven years of relevant experience in financial reporting, with significant time in the mining or manufacturing sectors.
• Comprehensive knowledge of IFRS, particularly standards related to inventory, assets, and impairment.
• Proven track record of managing external audits and regulatory inspections in Saudi Arabia.
• Strong analytical skills with the ability to interpret complex operational data for financial reporting.
• Proficiency in ERP systems and advanced Excel skills for financial modeling and analysis.
• Excellent command of English, with working knowledge of Arabic for local compliance tasks.

• Experience in the precious metals industry or familiarity with LBMA…