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Finance Manager

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Confidential
Full Time position
Listed on 2026-01-04
Job specializations:
  • Finance & Banking
    Financial Manager, Corporate Finance
Salary/Wage Range or Industry Benchmark: 150000 - 200000 SAR Yearly SAR 150000.00 200000.00 YEAR
Job Description & How to Apply Below

The Finance Manager is responsible for managing and overseeing the daily financial operations related to Accounts Payable, Accounts Receivable, and Fixed Assets (PPE) within an oil & lubricants manufacturing environment. The role ensures the accuracy of financial records, preparation of financial reports and statements, enforcement of accounting policies, and effective financial control. A strong understanding of industry-specific costing, pricing structures, inventory valuation, and manufacturing-related financial processes is essential to support business objectives and operational efficiency.

Qualifications

& Requirements
  • Bachelor’s degree in Finance, Accounting, or a related field
  • Minimum 8 years of relevant experience, including at least 4 years in a managerial role, preferably within oil, lubricants, manufacturing, or industrial sectors
  • Professional certifications (e.g., CPA, CMA) are an advantage but not mandatory
  • Strong knowledge of manufacturing cost structures, inventory accounting, and pricing models
Key Responsibilities Strategic Responsibilities
  • Develop and implement departmental financial work plans aligned with organizational and manufacturing objectives.
  • Monitor execution of plans, workflow efficiency, and compliance with internal policies and industry regulations.
  • Participate in budgeting, expenditure monitoring, cost optimization, and margin control activities related to production and distribution.
Technical & Operational Responsibilities
  • Oversee all accounting operations including AP, AR, General Ledger, reconciliations, and fixed assets within a manufacturing context.
  • Manage month-end and year-end closing processes in coordination with production, supply chain, and operations teams.
  • Prepare and review quarterly and annual financial statements.
  • Review financial transactions, cost allocations, and inventory movements, and resolve discrepancies.
  • Support internal and external audits, including audits related to manufacturing, inventory, and compliance.
  • Supervise preparation of zakat and tax filings and ensure full regulatory compliance.
  • Address and resolve financial matters with suppliers, distributors, and customers.
  • Contribute to developing and enhancing accounting policies and procedures relevant to oil & lubricants manufacturing and distribution.
Administrative & People Management
  • Lead and manage the finance team through regular meetings, clear direction, and performance monitoring.
  • Evaluate team performance and recommend development and corrective actions as needed.
  • Identify training needs and assess training effectiveness, particularly in manufacturing finance.
  • Manage administrative matters related to finance team members.
  • Assign a deputy when required to ensure operational continuity.
Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Finance and Accounting/Auditing

Industries:
Financial Services, Oil and Gas, and Manufacturing

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