Finance Manager

FTG Development is a global operation with an international property portfolio headquartered in Türkiye. We target development and investment opportunities to drive market-leading returns in mixed-use real estate and hospitality projects. FTG Development collaborates with various affiliated group companies across multiple project developments, including, but not limited to, its sister brands Rixos and The Land of Legends.

FTG Development works with some of the world's leading architects, designers, and professionals, ensuring projects meet the highest international standards. The Group continues to expand globally, with landmark developments including Tersane Istanbul, Rixos at Emerald Shores, Rixos Half Moon Bay, and The Land of Legends.

We are looking for a Finance Manager to lead the finance function of our Saudi Arabian operations. This role is the single finance control point for the Kingdom: one finance team serving all KSA entities. The position reports directly to the Chief Delivery Officer, with dotted-line reporting to the Group CFO and to the Chief Strategy Officer for strategic and investment, technical, reporting and governance matters.

The position carries end-to-end ownership of financial reporting under IFRS, project finance and cost control, treasury and payments, tax and Zakat, internal controls, audit and statutory compliance. The successful candidate will manage a team covering project accounting, corporate and RHQ reporting, and finance operations, and crucially lead and champion the introduction and implementation of ERP system (SAP, IFS or similar) in line with company’s strategic growth targets.

Our activities span investment, development, project management and procurement of professional services and materials rather than contracting alone, and the scope of the KSA finance function is expected to widen towards asset management, off-plan sales, hotel management and F&B operations. We are therefore looking for a technically strong and adaptable finance professional who can operate across a broad business environment.

• Own the monthly, quarterly and annual closing cycle for all KSA entities and deliver reporting packs to the Chief Delivery Officer, the Group CFO and Group Finance.
• Prepare statutory financial statements in accordance with IFRS as endorsed in the Kingdom of Saudi Arabia, and coordinate external and internal audits end to end.
• Design, implement and monitor the internal control framework, accounting policies, chart of accounts and delegation of authority across all KSA companies.
• Support consolidation and group / multi-country reporting requirements of the Regional Headquarters (RHQ) structure.

• Act as the financial control point for all project transactions: IPC workings, certified revenue, billing to fund, advance recovery, retention and receipt allocation.
• Lead the selection of the most appropriate ERP system and implementation of it with coordinated approach by ensuring the input from all departments and functions
• Validate purchase orders, contract values, vendor invoices and three-way matching against approved project documentation, GRNs and certifications.
• Maintain the project cost ledger: direct cost, subcontractor and design cost, materials, WIP, accruals and cost-to-complete analysis.
• Produce project P&L up to gross margin, PO utilization, cost and cash forecasts, project dashboards and exception reporting.
• Assess the financial impact of variations and claims and coordinate directly with the Delivery and Projects teams on project matters.

• Manage cash flow forecasting in coordination with commercial team, project account…