Finance Manager

The Finance Manager is responsible for managing the full accounting cycle of the F&B group
, leading the implementation and optimization of the Oracle ERP system
, and ensuring accurate, timely financial reporting across all restaurants
. The role acts as the operational financial backbone of the business
, bridging restaurant operations with group financial strategy.

This role is based in Riyadh, Saudi Arabia and supports relocation of the main member only. Visa + Flights + Attractive Basic Salary all provided for.

• Oversee the full month-end closing process for all outlets and head office.
• Prepare consolidated monthly management accounts (P&L, Balance Sheet, Cash Flow).
• Ensure accurate revenue recognition, cost allocation, and intercompany reconciliations between outlets.
• Monitor budget vs actual performance and prepare variance analysis with operational commentary.
• Deliver financial packs to CFO and senior management within agreed timelines.
• Maintain strong general ledger, fixed assets, accruals, and prepayments controls.

• Lead the end-to-end implementation of Oracle ERP across all restaurants and head office.
• Act as the key business and finance owner of Oracle for:
• General Ledger (GL)
• Accounts Payable (AP)
• Accounts Receivable (AR)
• Inventory
• Procurement
• Fixed Assets
• Map restaurant operational workflows into Oracle (POS, inventory, purchasing, payroll).
• Partner with Oracle implementation consultants and internal stakeholders.
• Define chart of accounts, cost centers, outlets, menus, and reporting structures in Oracle.
• Lead User Acceptance Testing (UAT) and system go-live readiness.
• Train finance and operational teams on Oracle usage.
• Continuously optimize ERP processes post-go-live.

• Ensure accurate food and beverage cost accounting in coordination with the Head of Cost Control.
• Validate menu costing, recipe costing, wastage tracking, and gross margin analytics through the ERP.
• Review daily and weekly store-level flash reports
  .
• Ensure proper treatment of rebates, promotions, voids, discounts, and complimentary items
  .
• Support outlet managers with financial interpretation of their store performance
  .

• Ensure full compliance with:
• ZATCA VAT regulations
• Zakat and statutory filings
• Internal control frameworks
• Lead external audit coordination
  , including documentation, schedules, and auditor queries.
• Maintain accounting policies aligned with IFRS and Saudi regulations
  .
• Ensure proper documentation and control of all financial processes.

• Monitor daily cash flow and bank balances in coordination with the CFO.
• Oversee supplier payments, aging, and cash forecasting
  .
• Strengthen internal controls, segregation of duties, and approval workflows within Oracle.
• Review bank reconciliations and payment runs.

• Manage and develop:
• AP/AR Accountant
• Payroll / finance support staff
• Provide technical guidance to:
• Restaurant Cost Controllers
• Build a strong performance culture, SOPs, and compliance mindset within the finance team.

• Timely month-end close (≤ 5 working days)
• ERP implementation milestones achieved on time & within budget
• ERP adoption rate and data accuracy
• Variance analysis quality and decision-support value
• Audit findings and control weaknesses
• Working capital efficiency (AP days, cash conversion)

• Bachelor’s degree in Accounting, Finance, or Business Administration
• Professional qualification preferred (ACCA, CPA, CMA, SOCPA)
• Minimum 7–10 years of finance experience
• At least 4–5 years in F&B / hospitality / multi-outlet retail
• Proven ERP implementation experience
• Strong understanding of:

• IFRS
• Cost accounting for restaurants
• Inventory and purchasing controls
• Experience in Saudi Arabia or GCC is strongly preferred

About The Group:

SIHAMCO is a strategic partner operating proudly under the General Entertainment Authority (GEA), National Events Center (NEC), Riyadh Season and Jeddah Season since 2019.

At SIHAMCO, we don’t just lead Saudi Arabia’s hospitality and entertainment evolution—we create it from the ground up. Since…