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Finance Manager

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Confidential Careers
Full Time position
Listed on 2026-07-10
Job specializations:
  • Finance & Banking
    Financial Manager, Financial Reporting, Financial Compliance, Financial Controller
Salary/Wage Range or Industry Benchmark: 300000 - 520000 SAR Yearly SAR 300000.00 520000.00 YEAR
Job Description & How to Apply Below

We are seeking an experienced Finance Manager to join our team in Riyadh. The ideal candidate will have a strong background in manufacturing finance
, with mandatory experience in the lubricants and industrial oils manufacturing sector
. This role requires expertise in financial planning, budgeting, cost control, financial reporting, and business partnering.

Key Responsibilities
  • Lead the finance function and oversee all accounting and financial operations.
  • Prepare monthly, quarterly, and annual financial statements in compliance with IFRS.
  • Develop and manage annual budgets, forecasts, and long‑term financial plans.
  • Monitor financial performance, analyze variances, and provide actionable recommendations.
  • Oversee manufacturing costing, inventory valuation, standard costing, and cost analysis.
  • Ensure accurate product costing and monitor production variances.
  • Manage cash flow, working capital, and treasury activities.
  • Ensure compliance with local regulations, tax requirements, and internal financial controls.
  • Coordinate internal and external audits and ensure timely resolution of audit findings.
  • Partner with Operations, Supply Chain, Procurement, and Production teams to improve operational and financial performance.
  • Drive process improvements, automation initiatives, and financial efficiency across the organization.
  • Lead, mentor, and develop the finance team while promoting a high‑performance culture.
  • Prepare financial reports and presentations for senior management and executive leadership.
  • Support strategic business decisions through financial analysis and business insights.
Requirements
  • Bachelor's degree in Accounting, Finance, or a related field.
  • CPA, CMA, ACCA, SOCPA, or an equivalent professional certification is highly preferred.
  • Minimum 7–10 years of progressive finance experience, including at least 3 years in a managerial role
    .
  • Mandatory experience in the manufacturing industry.
  • Mandatory hands‑on experience in the lubricants and industrial oils manufacturing sector.
  • Strong knowledge of manufacturing finance, product costing, inventory valuation, standard costing, and cost accounting.
  • Solid understanding of IFRS, budgeting, forecasting, financial reporting, and internal controls.
  • Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, or similar.
  • Advanced proficiency in Microsoft Excel;
    Power BI experience is an advantage.
  • Excellent analytical, leadership, communication, and stakeholder management skills.
  • Fluent in English;
    Arabic is an advantage.
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