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Financial Controller - Contracting

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Rawaj HCM Jobs
Full Time position
Listed on 2025-12-02
Job specializations:
  • Finance & Banking
    Financial Manager, Accounting Manager, CFO, Corporate Finance
  • Management
    Financial Manager, CFO
Salary/Wage Range or Industry Benchmark: 200000 - 300000 SAR Yearly SAR 200000.00 300000.00 YEAR
Job Description & How to Apply Below
Position: Financial Controller - Contracting |

We are seeking a dedicated and meticulous Financial Controller for a prominent and leading company in the areas of operation and maintenance and total facilities management

Work Location:
Riyadh - Saudi Arabia

The Financial Controller is responsible for overseeing day-to-day financial operations, ensuring accuracy in financial reporting, managing cost control, and supporting the financial stability of the organization. The role plays a key part in budgeting, project financials, compliance, and strengthening internal controls—especially within contracting and O&M environments.

Key Accountabilities
  • Oversee daily accounting operations including AP, AR, GL, payroll, and project accounting.
  • Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements.
  • Monitor and control costs related to contracting and O&M projects, ensuring accurate job costing and profitability analysis.
  • Support project managers in budgeting, cash flow planning, and financial tracking for ongoing contracts.
  • Maintain strong internal controls and ensure compliance with financial policies and IFRS.
  • Prepare periodic management reports, financial analyses, KPIs, and dashboards for the CFO.
  • Manage audits, coordinate with external auditors, and ensure proper documentation.
  • Oversee revenue recognition for government and private contracts in line with regulations.
  • Ensure compliance with Zakat, VAT, WHT, and other regulatory requirements.
  • Work closely with treasury on cash flow planning and payment management.
  • Support ERP processes, ensuring accurate financial data entry and system integrity (Dynamics 365 is preferred).
  • Assist in budgeting, forecasting, variance analysis, and cost optimization initiatives.
  • Supervise and develop the accounting team, ensuring high accuracy and strong performance.
Knowledge, Skills, and Experience

We Are Looking For:

  • Bachelor’s degree in Accounting, Finance, or related field (Master’s preferred).
  • Professional certifications such as CPA, CMA, ACCA are an advantage.
  • 7–12 years of finance/accounting experience, including at least 3 years in a supervisory role.
  • Experience in contracting, O&M, facilities management, or construction is mandatory.
  • Strong understanding of project costing, revenue recognition, and contract financials.
  • Experience with ERP systems
    , preferably Microsoft Dynamics 365
    .
  • Strong knowledge of IFRS and Saudi financial compliance regulations.
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