Finance Manager Job Riyadh area,Riyadh Region Saudi Arabia,Finance & Banking

The Finance Manager will oversee financial operations across the group, ensuring strong financial control, project profitability tracking, and strategic support to management. The role requires hands‑on experience in project-based accounting, ERP systems (Microsoft Dynamics), and multi‑entity reporting.

Responsibilities

Prepare and consolidate monthly, quarterly, and annual financial reports
Produce accurate P&L statements (company-wide and project-level)
Monitor gross margins and net profitability across projects
Ensure compliance with local regulations (KSA, Lebanon, GCC, if applicable)
Lead budgeting, forecasting, and variance analysis

2. Project Accounting & Profitability Tracking

Implement and monitor a project-based accounting structure
Track:
Estimated vs actual costs
Committed costs vs invoiced costs
Project cash flow
Analyze project profitability and margin leakage
Work closely with project managers & procurement teams
Ensure proper revenue recognition (percentage of completion/milestones)

3. ERP & Systems (Microsoft Dynamics)

Manage and optimize Microsoft Dynamics (NAV / Business Central)
Ensure:
Accurate data entry and posting discipline
Proper chart of accounts and project coding
Develop financial dashboards and BI reports
Coordinate with IT/consultants for system improvements

4. Cost Control & Internal Audit

Establish and enforce financial policies and procedures
Monitor operational and project cost controls
Ensure proper COGS calculation and allocation
Identify inefficiencies and implement corrective actions

5. Treasury & Banking Relationships

Manage cash flow planning and liquidity
Maintain relationships with banks in KSA, Lebanon, and abroad
Oversee:
LCs (Letters of Credit)
Bank guarantees (performance, advance payment)
Optimize working capital and funding structure

6. Accounting & Compliance

Supervise accounting team (AP, AR, GL)
Ensure timely Invoicing, Collections, and supplier payments
Oversee VAT, tax filings, and audits
Coordinate external auditors and financial statement preparation

7. Strategic & Management Support

Provide financial insights to the CEO and senior management
Support business decisions, pricing, and tendering
Evaluate risk on large projects and contracts
Assist in the expansion strategy and new market entry

Requirements

8–12+ years of experience in finance/accounting
Experience in project-based industries (construction, engineering, lighting)
Proven track record in project accounting and profitability tracking
Bachelor’s degree in Finance/Accounting (CPA/ACCA is a plus)

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