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Associate Director - Finance

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: The Red Sea Development Company
Full Time position
Listed on 2026-07-19
Job specializations:
  • Finance & Banking
    Financial Compliance, Financial Manager, Financial Analyst, Financial Reporting
Salary/Wage Range or Industry Benchmark: 420000 - 620000 SAR Yearly SAR 420000.00 620000.00 YEAR
Job Description & How to Apply Below

Job Purpose

We are seeking a highly experienced and commercially astute Associate Director of Finance to join our Mobility Team. We are looking for someone with a solid accounting and FP&A background who can work with the existing Business Support Team and drive the business partnership with the operations business by building the relationship and creating a solid platform that will drive performance across the business.

This strategic role requires an expert in financial insights, budgeting, forecasting, and business performance analysis to help shape the company’s financial direction and drive operational excellence.

The ideal candidate will bring more than 10 years of progressive finance leadership experience, preferably within operationally intensive environments, and possess a strong accounting foundation (CA, CPA, ACCA, or equivalent). Your ability to translate complex financial data into actionable business insights will be critical in supporting senior management with strategic and operational decisions.

Job Responsibilities
  • This is a newly established role looking to establish the business partnering element within the business predominantly through analysis of current activity and building insight into performance against budgets and business cases and using this information to forecast and shape the strategic direction of the business, ultimately leading into the budget, capital and business planning cycle.
  • Provide regular insightful reporting to executive leadership within Mobility and Operations and supporting the finance leadership meeting its group reporting requirements.
  • Drive budgeting, forecasting, and long-term planning processes in alignment with company goals.
  • Contribute to the development and management of the dynamic financial models, dashboards, and KPIs to track and evaluate business performance in collaboration with the existing members of the team.
  • Strive to add value to the business and finance function with the subsidiary.
  • Deliver high‑quality financial insights, variance analyses, and scenario planning to support informed decision‑making.
  • Work closely with operational and commercial teams to improve cost efficiency, productivity, and profitability.
  • Partner with Accounting to ensure alignment between management reporting and statutory accounts, fostering a culture of analytical rigor and continuous improvement.
  • Play a key role in strategic initiatives including business expansion, cost transformation, and investment analysis.
Policies, Systems, Processes, Procedures, Standards, Reports & Compliance
  • Follow all relevant functional policies, processes, standard operating procedures, and instructions to ensure that work is conducted in a controlled and consistent manner.
  • Ensure adherence to internal financial policies, procedures, and controls to safeguard the organization’s assets.
  • Conduct periodic internal audits to assess the effectiveness of financial controls and ensure compliance with regulatory requirements.
  • Consult with external auditors during annual audits, ensuring a smooth audit process and the resolution of any identified issues.
  • Support activities required to satisfy internal audit requirements.
  • Contribute to the identification of opportunities for continuous improvement of the department’s systems, processes and practices considering ‘international best practice’, improvement of business processes, cost reduction and productivity improvement.
  • Mentor, and develop a team of finance professionals, ensuring continuous improvement in skills and performance.
  • Foster a culture of collaboration and efficiency within the finance department and across other business functions.
Stakeholder Engagement
  • Collaborate with other departments (e.g., procurement, HR and operations) to ensure financial alignment with organizational objectives.
  • Communicate financial results and key performance indicators (KPIs) to stakeholders, both internally and externally, in a clear and concise manner.
Job Requirements Qualification and Experience
  • Bachelor’s degree in Finance, Accounting, Economics, or related field;
    Master’s degree or MBA is a plus.
  • Minimum 10+ years of experience in finance, with at least 3…
Position Requirements
10+ Years work experience
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