175 Budget Manager jobs in Saudi Arabia

People Management
- Manage the effective achievement of the team’s objectives through setting individual objectives, managing performance, developing the team and providing formal and informal feedback to maximize overall performance, engagement and motivation.

Financial Accounting and Reconciliation
- Design and implement the preparation and review process of consolidating financial statements both under Saudi GAAP and IFRS (Riyal & US$) and identify and implement ‘stop gap’ financial reporting system for consolidation.
- Verify and review the transaction flows and set-up enabled for posting transactions to NOMAC and sibsidiaries’ general ledger and ensure that financial accounting transactions are accurately and properly reflected in the accounting books in accordance with accounting procedures, regulatory requirements, and any other relevant international accounting standards and practices.
- Oversee the account payables and receivables related activities and ensure that the payable and receivable balances are regularly reviewed and cleared before year end.
- Oversee and ensure the reconciliation of transactions and bank statements promptly and accurately to ensure that all payments and accounts are matched and reconciled regularly and to ensure an updated general ledger.
- Carry out accurate endorsing/approvals of invoice payment authorizations, payment vouchers, cheques, bank instructions and other related financial documentation in order to facilitate timely processing of payments as per defined policies & procedures.
- Provide technical accounting assistance to teams at (on standards such as leasing, contracts, derivatives, deferred taxes, consolidation, accounting for FX, transfer pricing etc) subsidiaries as well as business development deals including preparation of accounting whitepapers for accounting issues, maintaining data base for technical accounting issues and contract assessments etc.

Financial Reporting
- Develop detailed financial reports for the KSA operations including budget, key metrics, forecast, etc., in collaboration with the plants, in order to ensure they are developed in a timely, efficient, and accurate manner.
- Review and ensure the proper generation of monthly, quarterly, and annual consolidated financial statements for NOMAC and its subsidiaries in KSA, in order to ensure correct, consistent and timely submission by finance team / subsidiaries to JVA partners, tax authorities, external auditors and senior management.
- Prepare presentations for various stakeholder including senior management, Board Audit Committees, and Board of Directors, to provide an overview of the financial health of NOMAC.

Month-end closing activities
- Oversee and ensure the timely execution of all the closing activities for NOMAC Holding Company / KSA subsidiaries, on a monthly basis in line with accounting policies and procedures to ensure transactions are recorded accurately and reflect the financial standing.
- Work with the Corporate Finance Teams in debottlenecking the month end processes in order to achieve error free and timely monthly closing.

Financial Analysis
- Carry out financial analysis including trend analysis, variances, etc. and identify rationales for them, in order to provide suitable justification to the management.
- Review various financial metrics on a monthly basis, analyse trends and provide advice to the senior management to protect and enhance group profitability from a long-term perspective.

Coordination
- Provide support to the finance team in developing and strengthening the local bank relationships in KSA, in order to ensure these relationships, serve the interest of the Company.
- Arrange service agreements with all subsidiaries and charge back hours provided by team to subsidiaries through implementation of corporate wide time sheet system.

Audits
- Assist in the completion of audits for the KSA region by ensuring a thorough review of financials and reporting of any discrepancies to ensure timely completion of audits and implementation of audit results by the entities.

International Standards
- Design and implement best practice accounting systems and processes including closing check lists and closing processes, chart of accounts, time sheets, financial policy manual, monthly flash reporting and analysis etc., to ensure seamless management of financial processes.
- Remain abreast with the latest IFRS and other laws and regulations in order to ensure that work output is in conformity with accepted practices.

Policies, Processes, Systems & Procedures
- Ensure the implementation of financial policies, procedures and internal controls covering all areas of activity to ensure compliance.

Continuous Improvement
- Identify opportunities of improvement and contribute to organisational and departmental change initiatives, programmes and projects taking into account best practice and standards in the business environment.

Health, Safety, Security and Envir

Join to apply for the Finance Manager role at Burjline Builders

Join to apply for the Finance Manager role at Burjline Builders

We are seeking a highly motivated and experienced Finance Manager to join our team in Riyadh, Saudi Arabia . This is a full-time position offering a unique opportunity to contribute to the financial success of a growing company. The Finance Manager will be responsible for overseeing all aspects of financial management, including accounting, budgeting, forecasting, and reporting. This role requires a strong understanding of financial principles, excellent analytical skills, and the ability to work effectively within a dynamic environment.

Responsibilities

• Manage the day-to-day financial operations of the company.
• Develop and implement financial policies and procedures.
• Prepare and analyse financial statements.
• Develop and monitor budgets and forecasts.
• Manage cash flow and ensure adequate funding.
• Oversee all accounting functions, including accounts payable, accounts receivable, and general ledger.
• Prepare and present financial reports to senior management.
• Ensure compliance with all relevant financial regulations.
• Identify and implement cost-saving measures.
• Liaise with external auditors.
  
  

Qualifications

• Bachelor's degree in Finance, Accounting, or a related field.
• Proven experience as a Finance Manager or in a similar role.
• Strong understanding of accounting principles and financial regulations.
• Excellent analytical and problem-solving skills.
• Proficient in Microsoft Office Suite, particularly Excel.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Strong organizational and time management skills.
• Experience working in Saudi Arabia is preferred.
• Experience working in contracting and construction companies is a must

Seniority level

• Seniority level Mid-Senior level

Employment type

• Employment type Full-time

Job function

• Job function Finance and Sales
• Industries Construction

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Sign in to set job alerts for “Finance Manager” roles. Director of Finance - Finance - Jumeirah Jabal Omar Hotel Budgeting Planning & Analysis Senior Manager Financial Planning and Analysis Supervisor Senior Finance Manager (6-Month Contract)

Riyad Qana, Al Qasim, Saudi Arabia 1 month ago

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Are you ready to take on a leadership role where your financial expertise drives strategic business decisions?

Our client is seeking a Finance Manager to join their headquarters team in Saudi Arabia, taking ownership of financial strategy, reporting, and governance. This is a high-impact role at the heart of the business, offering the opportunity to influence decision-making, optimize financial performance, and ensure long-term growth.

Why This Role?

As Finance Manager, you will act as a strategic partner to senior leadership—guiding financial planning, driving cost efficiency, and ensuring compliance with local and international regulations. Beyond overseeing reporting and governance, you’ll provide insights that shape key business decisions and support the company’s long-term strategy.

This is not just about managing accounts—it’s about setting direction, ensuring strong financial controls, and enabling growth across the business.

What’s In It for You?

• Strategic Leadership: You’ll work directly with executive management to influence financial strategy and support decision-making at the highest level.
• Impactful Role: You’ll oversee budgeting, forecasting, compliance, and risk management, ensuring the business remains financially strong and future-ready.
• Growth & Visibility: Operating at HQ level, you’ll gain exposure to cross-border operations, external stakeholders, and key strategic projects.

Requirements

To be successful in this role, you should bring:

• A Bachelor’s or Master’s degree in Finance, Accounting, or related field.
• 8–10 years of progressive finance experience, ideally in an international or industrial business environment.
• Expertise in IFRS, local tax laws, compliance, and risk management.
• Strong leadership and project management capabilities.
• Proficiency with ERP systems and advanced Microsoft Office skills.
• Fluency in English (Arabic is a plus).
• Prior experience in roles with a strategic HQ focus or multi-country scope is highly desirable.

Seniority level

• Seniority level Mid-Senior level

Employment type

• Employment type Full-time

Job function

• Job function Finance
• Industries Staffing and Recruiting

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Get notified about new Finance Manager jobs in Riyadh, Saudi Arabia .

Budgeting Planning & Analysis Senior Manager Financial Planning and Analysis Supervisor Business Finance Manager - Arabic Speaking

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Job Description - Finance Manager (00129823)

Job Description

Finance Manager - 00129823

Description

(Saudi National Only)

Grade: G11

Location: RIYADH

Working hours: full time

Advert closing: 31/08/2025

MAIN OBJECTIVE OF JOB:

Deliver an independent review of revenue, cost and performance of the Salam Capability projects area, providing sound financial support and advice to both the Salam Programme Leadership and the Finance Function, maintaining strong relationships with internal and external customers and evaluating processes to ensure that robust, relevant and adequate financial controls are in place.

Responsibilities

· The provision of financial management services to the Salam Programme.

· Ensure that each Project operates an appropriate and effective set of financial controls and ensure the overall integrity of the accounts (including CSR’s, IBP, reporting etc.) adhering to the Financial Policies Manual at all times.

· Provide financial advice, and support for business development including financial modelling and will challenge business development activities in terms of alignment to business strategy, assessment of opportunities and associated investment and the likelihood and level of financial returns versus risk.

· In the CSR review take responsibility for all trading plans, challenge estimates to complete, support the decision making process and challenge the performance of contracts to ensure financial targets are optimised.

· Create and challenge key IBP assumptions. Direct, coordinate and undertake the IBP process in the Project area and challenge and analyse inputs.

· Undertake financial reporting and forecasting for the Projects and provide input to Business Unit internal & external reporting.

· Instil a cash awareness culture on the Projects and manage cash flow to optimise working capital.

· Provision of Financial advice and support to senior members of the Project team

· Coaching non-finance employees on related matters

· Ensure that bids are based on the correct charging rates and have responsibility for the cash flow analysis provided in the RBA process. Review the bid from a financial perspective providing financial modelling, financial support and advice and challenge from a financial perspective. Liaise with the Group Treasury and Tax departments to ensure all parties have been involved with the bid.

· Recruit, retain and develop employees to ensure responsibilities are discharged in a professional manner with an emphasis on supporting and promoting Saudisation

· Assist on an as required basis in the development of the new business prospects as they progress through the bid phases of the lifecycle.

Job Requirements:

· The role of Finance Manager requires the individual to have a strong knowledge of BAE Systems and the defence industry. They must be competent in understanding the Operational Framework and the corporate and business policies of BAE Systems Saudi Arabia. The job holder should be up to date with the relevant accounting regulations and understand the internal processes such as LCM.

· The Job Holder must have a Bachelor’s degree in Accounting or Finance with at least 5 years of experience in Accounting and/or Finance roles

SAUDI NATIONAL EMPLOYEE BENEFITS

In return for the required high levels of commitment and hard work you will receive a competitive salary and benefits package, including a generous leave and leave allowance, a full health care scheme and access to discounted gym membership.

BAE Systems

BAE Systems has a heritage of commitment to the Kingdom of Saudi Arabia. For 50 years, we have provided the platforms and services that support the Saudi armed forces to defend the interests of the Kingdom. In support of the Saudi Arabia National Objectives, we’ve invested heavily in the development of Saudi people, technology, infrastructure and local companies in the defence supply chain. Our investments have helped to

develop the Saudi defence industry as well as developing a skilled and highly productive workforce.

(BAE Systems KSA is committed to the full inclusion of qualified people with disabilities. As part of this commitment, BAE Systems KSA will ensure that persons with disabilities are provided with reasonable accommodation during the job application or interview process, and or to perform essential job functions).

Note: All appointments in Saudi Arabia are subject to receipt of all necessary Government and/or Customer approvals.

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Job Description

We are hiring a seasoned Finance Manager / Senior Finance Manager to lead financial operations for a reputed industrial/manufacturing company in Saudi Arabia. The ideal candidate will be a Saudi National with a strong background in finance leadership, specifically within the Electrical Industry or similar sectors. This role requires strategic financial oversight, regulatory compliance, and strong technical expertise with ERP systems.

Responsibilities

·Lead end-to-end financial operations, reporting, and compliance.

·Manage budgeting, forecasting, and financial planning cycles.

·Ensure SOCPA and IFRS adherence in all financial reporting.

·Analyze financial performance and provide strategic insights.

·Oversee implementation and utilization of SAP ERP (FI/CO modules).

·Develop complex financial models and conduct valuation analysis.

·Supervise audits, taxation, and regulatory submissions.

·Maintain and improve internal control systems and processes.

·Collaborate with executive management for strategic decisions.

·Mentor and develop finance team members.

Skills

Key Skills

·Financial Planning & Analysis

·Budgeting & Forecasting

·SOCPA & IFRS Compliance

·SAP ERP (FI/CO Modules)

·Financial Modeling & Valuation

·Cash Flow & Cost Management

·Internal Controls & Audit

·Team Leadership & Cross-functional Collaboration

·Taxation & Regulatory Compliance (Saudi-specific)

Project & Risk Management

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The Finance Manager plays a critical role in overseeing the financial health of an organization. This position involves managing financial planning, analysis, and reporting, ensuring compliance with regulations, and providing strategic insights to support business decisions. The Finance Manager will work closely with various departments to develop budgets, forecast financial performance, and implement effective financial controls. This role requires a strong analytical mindset, excellent communication skills, and the ability to lead a team in a fast-paced environment.

Responsibilities:

1. Develop and manage the organization's financial planning and budgeting processes.
2. Prepare accurate financial reports and forecasts to support strategic decision-making.
3. Ensure compliance with financial regulations and standards.
4. Conduct financial analysis to identify trends, variances, and opportunities for improvement.
5. Lead and mentor the finance team, fostering a culture of continuous improvement.
6. Collaborate with other departments to align financial goals with organizational objectives.
7. Manage cash flow and working capital to ensure financial stability.
8. Oversee audits and liaise with external auditors to ensure compliance.
9. Implement financial policies and procedures to enhance operational efficiency.
10. Provide insights and recommendations to senior management on financial performance and strategy.

Preferred Candidate:

1. Experience should be in Manufacturing Industry.
2. Excellent communication and interpersonal abilities.
3. Proven leadership and team management experience.
4. Detail-oriented with a high degree of accuracy.
5. Ability to work under pressure and meet tight deadlines.
6. Proficient in financial software and Microsoft Excel.
7. Strong understanding of financial regulations and compliance.
8. Ability to think strategically and provide actionable insights.
9. Experience in financial modeling and forecasting.
10. Adaptability to changing business environments and priorities.

Skills

• Advanced financial analysis and reporting skills.
• Proficiency in financial software (e.g., SAP, Oracle).
• Strong understanding of budgeting and forecasting techniques.
• Excellent leadership and team management capabilities.
• Effective communication and presentation skills.
• Knowledge of financial regulations and compliance standards.
• Ability to interpret complex financial data.
• Strong organizational and time management skills.

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Who Are We

HALA is a leading fintech player in the MENAP region that aims to redefine financial services and build the future bank of SMEs. HALA aims at empowering SMEs to start, run, and grow their businesses by providing them with cutting-edge financial and technological tools.

HALA currently holds multiple entities in UAE, Saudi Arabia and Egypt (including HALA Payments, HALA Cashier and HALA Logistics) and offers solutions that enable merchants to digitize their payments as well as manage their sales and operations.

Founded in 2017, HALA is currently duly licensed by the Saudi Arabian Central Bank as well as the Financials Services Regulatory Authority (FSRA) in Abu Dhabi Global Market.

JOB-SPECIFIC

• Monitor in-depth financial transactions such as but not limited to customer account funding and withdrawal processing
• Balance, reconciliate and proceed with account adjustments and pool accounts balances
• Monitor on a daily basis the reconciliation results and the clients balance movement
• Test the reconciliation results revenue and the bank charge deductions
• Review and analyze the pool account balance movement
• Trace the un-reconciled items with the Reconciliation team, Technology team and the bank
• Execute balancing and reconciliation analysis on pool accounts and customer transactions
• Handle CC tickets and complaints
• Handle the holding companies financial TRX and reports
• Perform the payroll of KSA
• Develop or update the Company’s complaint and inspection procedures
• Monitor risk-management procedures
• Maintain and analyze problem logs
• Provide training and support to quality assurance team on systems, policies, procedures and core processes
  
  

Education

Bachelor Degree in Accounting, Finance, Business Administration or equivalent fields of studies

The education levels can be replaced by years of experience

Experience

Five (5) to eight (8) years of experience in a similar role

Skills

Computer Skills: Proficient in Microsoft Office Tools and computerized ledger system

Languages: Fluent in English and Arabic

Chartered Financial Analyst (CFA) designation preferred

Core Competencies

Self-Actualization & Fulfilment: Proficiency Level – INTERMEDIATE

Team Synergy & Development: Proficiency Level - INTERMEDIATE

Entrepreneurial Mindset & Drive: Proficiency Level – INTERMEDIATE

Business Acumen & Diligence: Proficiency Level - INTERMEDIATE

What We Offer You

We believe you will love working at HALA!

• We have an inclusive and diverse culture that encourages innovation and flexibility in remote, in-office, and hybrid work setups.
• We offer highly competitive compensation packages, including the potential for shares.
• We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment.
• Join a talented team of over 30 nationalities working in 7 countries and gain valuable experience in an exciting industry.
• We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.
• You will be given a lot of responsibility and trust. We believe that the best results come when the people responsible for a function are given the freedom to do what they think is best.
  
  

If you think you have what it takes to join a remarkable team #apply_now #J-18808-Ljbffr

(Saudi National Only)

Grade: G11

Location: RIYADH

Working hours: full time

Advert closing: 31/08/2025

MAIN OBJECTIVE OF JOB:

Deliver an independent review of revenue, cost and performance of the Salam Capability projects area, providing sound financial support and advice to both the Salam Programme Leadership and the Finance Function, maintaining strong relationships with internal and external customers and evaluating processes to ensure that robust, relevant and adequate financial controls are in place.

Responsibilities

· The provision of financial management services to the Salam Programme.

· Ensure that each Project operates an appropriate and effective set of financial controls and ensure the overall integrity of the accounts (including CSR’s, IBP, reporting etc.) adhering to the Financial Policies Manual at all times.

· Provide financial advice, and support for business development including financial modelling and will challenge business development activities in terms of alignment to business strategy, assessment of opportunities and associated investment and the likelihood and level of financial returns versus risk.

· In the CSR review take responsibility for all trading plans, challenge estimates to complete, support the decision making process and challenge the performance of contracts to ensure financial targets are optimised.

· Create and challenge key IBP assumptions. Direct, coordinate and undertake the IBP process in the Project area and challenge and analyse inputs.

· Undertake financial reporting and forecasting for the Projects and provide input to Business Unit internal & external reporting.

· Instil a cash awareness culture on the Projects and manage cash flow to optimise working capital.

· Provision of Financial advice and support to senior members of the Project team

· Coaching non-finance employees on related matters

· Ensure that bids are based on the correct charging rates and have responsibility for the cash flow analysis provided in the RBA process. Review the bid from a financial perspective providing financial modelling, financial support and advice and challenge from a financial perspective. Liaise with the Group Treasury and Tax departments to ensure all parties have been involved with the bid.

· Recruit, retain and develop employees to ensure responsibilities are discharged in a professional manner with an emphasis on supporting and promoting Saudisation

· Assist on an as required basis in the development of the new business prospects as they progress through the bid phases of the lifecycle.

Job Requirements:

· The role of Finance Manager requires the individual to have a strong knowledge of BAE Systems and the defence industry. They must be competent in understanding the Operational Framework and the corporate and business policies of BAE Systems Saudi Arabia. The job holder should be up to date with the relevant accounting regulations and understand the internal processes such as LCM.

· The Job Holder must have a Bachelor’s degree in Accounting or Finance with at least 5 years of experience in Accounting and/or Finance roles

SAUDI NATIONAL EMPLOYEE BENEFITS

In return for the required high levels of commitment and hard work you will receive a competitive salary and benefits package, including a generous leave and leave allowance, a full health care scheme and access to discounted gym membership.

BAE Systems

BAE Systems has a heritage of commitment to the Kingdom of Saudi Arabia. For 50 years, we have provided the platforms and services that support the Saudi armed forces to defend the interests of the Kingdom. In support of the Saudi Arabia National Objectives, we’ve invested heavily in the development of Saudi people, technology, infrastructure and local companies in the defence supply chain. Our investments have helped to

develop the Saudi defence industry as well as developing a skilled and highly productive workforce.

(BAE Systems KSA is committed to the full inclusion of qualified people with disabilities. As part of this commitment, BAE Systems KSA will ensure that persons with disabilities are provided with reasonable accommodation during the job application or interview process, and or to perform essential job functions).

Note: All appointments in Saudi Arabia are subject to receipt of all necessary Government and/or Customer approvals.

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Join to apply for the Finance Manager role at Element Materials Technology

Join to apply for the Finance Manager role at Element Materials Technology

Overview

Element has an opportunity for a

Overview

Element has an opportunity for a Finance Manager to join the Element team in KSA.

In this role, you are providing commercial support to the country General Manager (GM) preparing credible financial forecasts, budgets and full-fill statutory accounting obligations, applying controls in business management.

This role will be based in Dammam, KSA

Responsibilities

• Provide commercial support to the country General Manager (GM), managing monthly financials / budgets / forecasts to group consolidation system , while analysing business performance against key business metrics and track progress against budgets improving financial performance
• Operate as a member of the management team of the laboratory business, monitoring and enforcing internal controls and compliances while concluding all statutory obligations from an accounting point of view
• Provide coaching to the operations management team on financial principles, and on addressing financial enquiries
• Manage the direct and indirect taxation of the laboratory / business
• Work with the credit control team for improved collections.
• Work with the shared services team for continuous improvement in the processing of transactions and meeting deadlines in group reporting obligations and monthly and year end accounts
• Identify, investigate and analyse potential operational improvement as appropriate, based on findings make proposal for operational changes (policy, procedures, processes etc.)
• Evaluate capex proposals commercially and advise the local management
• Work closely with the JV partners
  
  

Skills / Qualifications

• A career accounting / finance professional with 10 year relevant experience out of which the last 3 is in a managerial capacity within an MNC
• A graduate in accounting and CA or CPA or ICWA along with experience in Navision / related desirable
• Should be a good communicator with a flair for numbers,and able to work well as a team ,aggressively anticipating impacts of workload issues to team deadlines, and have a very positive work attitude
• Strong experience in Profit and loss statement analysis, and financial controls , ERP systems managment
• Strong organisational, analytical and interpersonal skills working with people from different cultures and culturally sensitive
  
  

Company Overview

Element is one of the fastest growing testing, inspection and certification businesses in the world. Globally we have more than 9,000 brilliant minds operating from 270 sites across 30 countries. Together we share an ambitious purpose to ‘Make tomorrow safer than today’.

When failure in use is not an option, we help customers make certain that their products, materials, processes and services are safe, compliant and fit for purpose. From early R&D, through complex regulatory approvals and into production, our global laboratory network of scientists, engineers, and technologists support customers to achieve assurance over product quality, sustainable outcomes, and market access.

While we are proud of our global reach, working at Element feels like being part of a smaller company. We empower you to take charge of your career, and reward excellence and integrity with growth and development.

Industries across the world depend on our care, attention to detail and the absolute accuracy of our work. The role we have to play in creating a safer world is much bigger than our organization.

Diversity Statement

At Element, we always take pride in putting our people first. We are an equal opportunity employer that recognizes diversity and inclusion as fundamental to our Vision of becoming “the world’s most trusted testing partner”.

All suitably qualified candidates will receive consideration for employment on the basis of objective work related criteria and without regard for the following: age, disability, ethnic origin, gender, marital status, race, religion, responsibility of dependents, sexual orientation, or gender identity or other characteristics in accordance with the applicable governing laws or other characteristics in accordance with the applicable governing laws.

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

“If you need an accommodation filling out an application, or applying to a job, please email ”

Seniority level

• Seniority level Mid-Senior level

Employment type

• Employment type Full-time

Job function

• Job function Finance and Sales
• Industries Industrial Machinery Manufacturing, Public Safety, and International Trade and Development

Referrals increase your chances of interviewing at Element Materials Technology by 2x

Get notified about new Finance Manager jobs in Dammam, Eastern, Saudi Arabia .

Al Khobar, Eastern, Saudi Arabia 1 month ago

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