424 Finance Manager jobs in Saudi Arabia

About Sanabil Venture Studio

Sanabil Venture Studio builds and launches bold ventures from scratch in partnership with exceptional founders and operators. Backed by Sanabil Investments, we combine capital, talent, and infrastructure to turn high-conviction ideas into scalable businesses across the MENA region.

We’re not here to incrementally improve — we’re here to reshape industries and rethink how startups are built.

We’re hiring a Finance Manager to oversee the financial health of the Studio and its ventures. This role is less about transactional accounting and more about controlling, reporting, and decision support . Working closely with our external accounting partner, you’ll ensure accurate reporting, manage budgets, and provide financial insights that help the Studio allocate resources effectively and meet investor expectations.

This is a high-ownership role for someone who enjoys being both hands-on and strategic — shaping financial practices in a fast-paced venture-building environment.

• Serve as financial controller for the Studio and its ventures, ensuring reliable reporting and compliance.

• Manage budgets, forecasts, and cash flow planning , highlighting risks and opportunities.

• Consolidate and review financial reports from our accounting partner, ensuring accuracy and timeliness.

• Prepare management reports and dashboards for leadership and investors.

• Support fund-level reporting, including capital deployment, portfolio performance, and investor updates.

• Develop and monitor internal financial controls to safeguard assets and maintain compliance.

• Partner with leadership to support strategic decisions on resourcing, venture investments, and cost management.

• Drive improvements in financial systems, reporting, and processes to support scaling.

• 6–10 years of experience in finance, controlling, or FP&A (startup, VC, PE, or consulting experience preferred).

• Strong knowledge of financial management, budgeting, and reporting practices.

• Experience managing external accounting providers or auditors.

• Advanced Excel/financial modeling skills; familiarity with ERP/finance systems is a plus.

• Strong analytical and communication skills; able to translate numbers into insights.

• Comfortable in fast-paced, ambiguous environments with multiple stakeholders.

• Degree in Accounting, Finance, or related field; CPA/ACCA/CFA is a plus.

• Fluency in English; Arabic is an advantage.

• The opportunity to design and own the financial backbone of a venture studio.

• Direct exposure to founders, leadership, and investors.

• Competitive compensation and growth opportunities.

• A high-trust, high-ownership team culture.

Job Description

• Prepare financial reports and manage monthly / yearly closings.
• Lead budgeting, forecasting, and variance analysis.
• Ensure internal controls and compliance with policies and tax regulations.
• Optimize costs, inventory, and working capital.
• Lead and develop the finance team.
• Support business decisions with financial insights.
• Manage financial risks and ensure regulatory compliance.

Requirements

• Bachelor's in finance, Accounting, or related field (CPA / CMA / ACCA preferred).
• 10–12 years of experience, including 3+ years in a managerial role.
• Prefer FMCG experience
• Strong IFRS knowledge, ERP proficiency (SAP B1 is a plus).
• Excellent analytical, leadership, and communicationskills.

Sarmad is seeking a Finance Manager to join its insurance startup team. As the Finance Manager, you will be responsible for overseeing the financial operations of our organization and ensuring compliance with financial regulations. You will also be responsible for providing financial analysis, budgeting, forecasting, and strategic financial planning.

• Oversee the preparation and review of financial statements
• Manage the financial reporting process and ensure timely and accurate financial reporting
• Monitor and analyze financial performance, identify trends, and provide recommendations for improvement
• Develop and maintain financial policies and procedures
• Ensure compliance with financial regulations and reporting requirements
• Provide financial analysis and support for decision making
• Manage the budgeting and forecasting process
• Identify cost-saving opportunities and financial risks
• Manage relationships with banks, auditors, and other financial institutions
• Lead and mentor a team of finance professionals

• Minimum 5 years of experience in finance or accounting
• Bachelor's degree in finance, accounting, or related field
• Professional certification such as CMA or CPA is preferred
• Strong knowledge of financial principles and practices
• Experience in budgeting, forecasting, and financial analysis
• Excellent leadership and communication skills
• Fluency in English and Arabic
• Saudi nationality is required

The job holder will oversee all financial and accounting operations, and is responsible for delivering a professional finance service and supporting and challenging the business to be successful. The job holder will work within the general framework of the Group’s overall accounting and reporting system, and have access to support, guidance and direction from both the Segment Controller, and Group Finance.

• Ensure that all profit and loss and balance sheet transactions are recorded accurately and in a timely manner in the D365 system.
• Responsible for preparing high-quality financial information and analysis on request of the JV partners.
• Manage the balance sheet, reviewing key accounts such as accruals and prepayments regularly.
• Responsible for preparing draft capital expenditure requests for review by the Regional Controller based in Dubai.
• Accountable for planning for tax/Zakat, handling registrations, periodic submissions to DZIT, and liaising with tax advisors.
• Providing insights into the company's financial performance to management.
• Analyzing financial data, identifying trends and opportunities for improvement in margin performance, SG&A, and working capital.
• Accountable for helping management make informed decisions based on financial data, for both operational and investment needs.
• Accountable for creating financial budgets and extended forecasts with management for the business.
• Understanding and anticipating future financial performance to build forecasts and making recommendations to management on areas of focus needed to deliver the forecast.
• Capturing uncertainties in risks and opportunities.
• Identifying and explaining differences between actual and budgeted, and forecast performance.
• Ensuring that the company has sufficient cash to meet its obligations.
• Planning for future cash requirements and identifying potential shortages.
• Prepare and submit in COGNOS, in line with the Group reporting timetable, accurate and complete data for Flash, Monthly accounts, Forecasting, Half Year and Full Year Group reporting, Budgets and Extended Forecasts.
• Produce narrative and analysis that explains the nature of variances, trends, and unusual items, including commentary, bridges and risks, and opportunities.
• Raise issues (errors, unexpected variances in financial performance, delays, and so on) promptly and transparently with the Segment Controller and Group Finance.
• Work with the Segment Controller and Group Finance to address queries and reconcile intercompany balances.
• Ensure compliance with the Finance Policy, and the associated Accounting Policies, which are based upon International Financial Reporting Standards (IFRS). This requires a sound knowledge of those accounting standards that are relevant to your business, as well as the Group requirements for meeting these standards.
• Particular attention should be given to:
• Revenue Recognition in accordance with IFRS 15:
• Understand the key considerations for Point in Time and Over Time
• Factors that affect the timing of control passing for Point in Time
• The mandated template and thresholds to be used on sales orders
• Expected Credit Losses (ECL) for debtors in accordance with IFRS 9
• Lease accounting in accordance with IFRS 16
• Needs to be vigilant, for changes and new transactions. Should never make assumptions, if not sure, consult with the Segment Controller, and/or Group Finance.
• Maintaining a comprehensive month-end process to satisfy all local management, and Group finance reporting, internal control requirements, and external submissions (tax, audit, and regulatory).
• Ensuring that financial records are accurate by conducting reviews and quality checks before submission.
• Ensuring all required processes to complete a month-end are tracked and concluded in a timely manner, with exceptions formally documented.
• Authorized to implement the internal controls to safeguard the company, ensure accurate information for the purposes of reporting and decision making, and minimize the risks of error and/or fraud. The Group provides the framework for discharging these responsibilities, which are outlined in the Group Manual.
• Considering what the risks are for the business and concluding whether the controls are sufficient to manage those risks, and if not to take action to address unmitigated risks. It is then to ensure the controls are effectively implemented, with the necessary frequency.
• Responsible for taking formal actions to address where sources of error are identified. Asking for help where needed, and actively reporting control failings as soon as they are identified.
• Accountable for proactively supporting internal audit and Group Finance in audits or process improvements when they arise
• Accountable to ensure your business complies with the delegation of authority, using company processes to secure appropriate approvals before action is taken.
• Acting as the business lead during audits, with the provision of information in a timely manner to support the audit timetable.
• Where there are local statutory reporting requirements, to lead this engagement to ensure auditing and reporting are completed ahead of statutory deadlines.
• Ensure that bank accounts are not opened or closed without agreement from Group Treasury.
• Maintaining good relationships with lending banks that have provided access to banking services in the BU's local market. Communicate any challenges to Treasury so that a resolution can be discussed with relationship banks.
• Ensure that external credit facilities are not arranged without the express permission of Treasury.
• Maintain up-to-date bank mandates and advise treasury of any changes.
• Identify borrowing requirements as early as possible and notify Treasury
• Identify operational cash surplus and coordinate with Treasury to ensure this is centralized as efficiently as possible.
• Weekly cash forecasts must be prepared and ready to submit to Treasury before COB on Tuesday each week (adjusting for public/bank holidays).
• Ensure the quality of the cash forecast by performing a review of the data before it is submitted to Treasury (including a comparison to the previous week's report, highlighting any variances and the cause of these).
• Where certain BU's have been empowered to carry out FX transactions locally, FC's must ensure that only spot FX transactions are entered into by their business unit.
• All forward FX transactions or derivatives must be traded with HKH.
• Engage with Treasury either before, or the same day as, a non-functional currency sale or purchase is committed to so that appropriate hedging action can be agreed.
• Overseeing the collection of payments from customers and the payment of invoices to suppliers.
• Complying with the Group requirements regarding credit limits and ensuring compliance with the requirements of our Trade Credit Insurance policy.
• Not entering into financing arrangements or negotiating unfavourable payment terms without agreement in line with the Delegation of Authority.
• Ensuring there is a legally compliant payroll solution in place (in-house or 3rd party).
• Ensuring effective controls are in place, in conjunction with HR, to process and approve changes to payroll in a timely manner.
• All interdependencies, e.g., pensions, tax authorities, etc., are appropriately controlled and managed.
• Having overall responsibility and accountability for all taxes, both from an operational and compliance perspective, arising in your business.
• Responsible for ensuring the business unit/company is fully compliant with all tax obligations.
• Analyzing and preparing data for local content and IKTVA reporting.
• Liaising with external auditors for the LC audit and completing the LC submission on time as per the LC guidelines.
• Liaising with Aramco to convert LC score to IKTVA score and ensure timely reporting.
• Preparing IKTVA plan as per Aramco guidelines on a regular basis or as advised by Aramco.

• Promoting Hunting Health and Safety policies, and communicating effective awareness of the risks and hazards to all personnel and maintaining controls necessary for their safety and that of others
• Performing all duties in accordance with the Company’s Quality Procedures and work Instructions in order to deliver and maintain the highest standards of quality for all products and services
• Developing self within role and participating in and developing from training and developmental activities assigned to oneself
• Understanding Hunting’s service and product offerings
• Establishing self as a subject matter expert with the customer and expert in the designated technical/professional discipline
• Creating and maintaining good working relationships
• Understanding and using of the correct reporting lines
• Employees are expected to work whatever reasonable hours are necessary to meet the requirements of their job
• Travel may be required on an ad hoc basis, so a degree of flexibility is required
• Ad hoc duties as reasonably required from time to time.

• Graduate degree in relevant subject or suitable alternative.
• Ten years’ experience in accounting position.
• Four years’ experience in a managerial position.
• Two years’ experience in a multinational organization
• Understanding of D365 and COGNOS is desirable
• Good Knowledge of Zakat and Taxation laws in Saudi Arabia
• CPA, CMA, Socpa or relevant certificate
• knowledge of Microsoft Office programs
• Proficient in spoken and written English
• Full Saudi Driving License

Responsibilities

• Supervising the work in Budgeting, Financial Reporting & Cost Control Section
• Banks Facilities Agreements and utilization
• Preparation of Capital Budget & Operating Budget
• Cost Control
• Cash Flow Review & control
• Risk Management
• Preparation of feasibility studies & valuation
• Supervision of accounts receivable and credit control section

Finance, Accounting, ERP, Microsoft Office, English Language. Good knowledge of bank facilities.

Good knowledge of Budgeting, Cost Analysis & Cost Control, Cash Flow & Risk Management, Creating Solutions and Supervisor Skills.

Established in the region for 40 years, PwC has around 12,000 people in 12 countries across the region: Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, the Palestinian territories, Qatar, Saudi Arabia and the United Arab Emirates.

Our regional team operates across the Middle East bringing international experience delivered within the context of the region and its culture. We can bring the collective knowledge and experience of more than 370,000 people across the entire global PwC network in advisory, assurance and tax to help you find the value you are looking for.

Job Summary: What does this role aim to achieve in the firm/what impact does the role create
The Finance Manager is responsible for managing the day-to-day operations for their engagement teams within the Finance Service Tower, delivering Finance Managed Services to clients. This includes execution of processes, accountability for services level performance and continuous learning and improvement of the team. They also play a key role in helping to input into and execute the Finance Managed Services strategic plans and programs.

Daily tasks and delivery expectation

• Manages the day-to-day delivery for Finance engagements including oversight of key customer deliverables / outputs.
• Ensures timely and accurate processing of financial transactions across end to end finance processes for their engagements which may include procure to pay, record to report, order to cash and general ledger functions etc.
• Demonstrate sound understanding of financial reporting processes, risk and controls.
• Completes quality reviews and audits to ensure that delivery on their engagements is inline with established policies, procedures, compliance standards and customer expectations.
• Holds overall accountability for SLA / OLA compliance within their engagement team across Finance processes undertaken
• Appliesanalytical and financial modeling skills with holistic financial thinking and ability to interpret financial data.
• Manages your own workload as well as that of the engagement team’s, including reporting on progress and issues escalations
• Monitors the performance of team members on their engagements on an ongoing basis and implements appropriate coaching
• Manages, mentors, and motivates their engagement team members, fostering a culture of excellence, high performance, and continuous learning
• Work collaboratively to drive ideas/solutions with peers and managers which will improve Client and PwC’s efficiency.
• Helps to implement and adapt to new or changing processes quickly.
• Proactively build relationships with all team members within PwC including engagement with client teams as well as customers of our clients.
• Implements corrective actions to address any deviations, and continuously improves service delivery based on feedback
• Leads quality improvement initiatives based on feedback and observations
• Supports in executing the Finance Managed Services plans and programs to ensure the improvement of team performance and achievement of its objectives

• Qualified Accountant with a minimum of 5+ years experience in a role relevant to Accounting or Financial Reporting
• 3+ years people management experience leading a team in a complex process environment and managing workflow to deliver client outcomes
• Strong, practical knowledge with accounting/ reporting systems and Profit & Loss and Balance Sheet
• Strong understanding of financial reporting processes, with knowledge and experience managing risk and controls
• Knowledge of US GAAP and Insurance or Reinsurance accounting experience is desirable
• Knowledge of accounting for financial instruments
• Excellent MS office skills

• Experience in coaching and coordinating a team to ensure deadlines are adhered to
• Experience in defining and tracking key performance indicators (KPIs) to measure the effectiveness and efficiency of finance operations
• Experience of working collaboratively to drive ideas/solutions with diverse teams to improve efficiencies
• Strong leader who can communicate fluently in English and demonstrate an ability to drive personal and collective accountability from a diverse team
• Self motivated and independent, and can demonstrate strong relationships with internal and external parties
• Able to work under pressure and meet deadlines; demonstrates strong analytical skills
• Demonstrates commercial awareness in daily service provision within own area of responsibility

Required Language Skills: Proficient in written and spoken English and Arabic.

• Bachelor’s Degree in Accounting, Finance, Business Management / Administration or equivalent
• Master’s Degree in Accounting, Finance, Business Management / Administration or equivalent from an accredited university is preferred
• Certifications in relevant fields (e.g., ACA, ACCA, CIMA, etc.) would be advantageous

• Part Qualified Accountant with minimum 5 years experience or Qualified Chartered accountant with experience in a role relevant to Accounting or Financial Reporting

Travel Requirements: Up to 100%

Available for Work Visa Sponsorship? No

Government Clearance Required? No

Responsibilities

1. Develop and implement financial strategies to support the organization's objectives.
2. Prepare accurate financial reports and forecasts for management review.
3. Monitor financial performance by analyzing variances and identifying trends.
4. Ensure compliance with local and international financial regulations.
5. Manage the budgeting process, including the preparation and review of departmental budgets.
6. Oversee cash flow management and investment strategies.
7. Lead financial audits and liaise with external auditors.
8. Provide financial insights and recommendations to senior management.
9. Train and mentor finance team members to enhance their skills.
10. Collaborate with other departments to optimize financial performance.

1. Strong analytical and problem‑solving skills.
2. Excellent communication and interpersonal abilities.
3. Proven leadership experience in a finance role.
4. Detail‑oriented with a high level of accuracy.
5. Ability to work under pressure and meet tight deadlines.
6. Proficient in financial software and tools.
7. Strong understanding of financial regulations and compliance.
8. Ability to adapt to changing financial environments.
9. Strategic thinker with a focus on long‑term financial planning.
10. Commitment to continuous professional development.

• Advanced proficiency in financial modeling and analysis.
• Strong knowledge of accounting principles and practices.
• Experience with financial reporting software and ERP systems.
• Excellent Excel skills for data analysis and reporting.
• Understanding of tax regulations and compliance.
• Ability to interpret complex financial data.
• Strong negotiation and decision‑making skills.
• Effective project management capabilities.

Almouhana trading company is seeking a highly experienced and driven Finance Manager to join our team in Riyadh, Saudi Arabia. This full-time position offers a unique opportunity to play a critical role in shaping the financial future of our dynamic and growing organisation. The role will be responsible for overseeing all financial aspects of the company, including financial planning and analysis, accounting and reporting, budgeting, treasury, and investor relations. The successful candidate will be a strategic thinker with a proven track record of success in financial leadership roles.

• Develop and implement financial strategies that align with the company's overall strategic objectives.
• Oversee all financial operations, including accounting, reporting, budgeting, and forecasting.
• Manage the company's treasury function, ensuring adequate liquidity and efficient cash management.
• Lead the development and implementation of financial policies and procedures.
• Provide financial analysis and advice to senior management on strategic decisions.
• Oversee the preparation of financial statements and regulatory filings.
• Manage relationships with external stakeholders, including investors, banks, and auditors.
• Build and manage a high-performing finance team.
• Ensure compliance with all applicable laws and regulations.
• Identify and mitigate financial risks.

• Proven experience as a Finance Manager or in a similar senior financial leadership role for steel trading as wholesale.
• Proven experience in EPRNext system.
• Strong understanding of financial principles and practices, including accounting, budgeting, and forecasting.
• Experience in developing and implementing financial strategies.
• Excellent analytical and problem-solving skills.
• Strong leadership and communication skills.
• Ability to work effectively in a fast-paced environment.
• Bachelor's degree in finance, accounting, or a related field.

Overview

Line of Service: Internal Firm Services

Industry/Sector: Not Applicable

Specialism: IFS - Finance

Management Level: Manager

The Finance Manager is responsible for managing the day-to-day operations for their engagement teams within the Finance Service Tower, delivering Finance Managed Services to clients. This includes execution of processes, accountability for services level performance and continuous learning and improvement of the team. They also play a key role in helping to input into and execute the Finance Managed Services strategic plans and programs.

• Manages the day-to-day delivery for Finance engagements including oversight of key customer deliverables/outputs.
• Ensures timely and accurate processing of financial transactions across end-to-end finance processes for their engagements which may include procure to pay, record to report, order to cash and general ledger functions etc.
• Demonstrates sound understanding of financial reporting processes, risk and controls.
• Completes quality reviews and audits to ensure delivery on engagements is inline with established policies, procedures, compliance standards and customer expectations.
• Holds overall accountability for SLA/OLA compliance within the engagement team across Finance processes undertaken.
• Applies analytical and financial modeling skills with holistic financial thinking and ability to interpret financial data.
• Manages own workload as well as that of the engagement team, including reporting on progress and issue escalations.
• Monitors the performance of team members on engagements and provides coaching as needed.
• Manages, mentors, and motivates engagement team members, fostering a culture of excellence, high performance, and continuous learning.
• Collaborates to drive ideas/solutions with peers and managers to improve Client and PwC’s efficiency.
• Helps to implement and adapt to new or changing processes quickly.
• Proactively builds relationships with all team members within PwC, including client teams and customers of our clients.
• Implements corrective actions to address deviations and continuously improves service delivery based on feedback.
• Leads quality improvement initiatives based on feedback and observations.
• Supports in executing the Finance Managed Services plans and programs to improve team performance and achieve objectives.

• Qualified Accountant with a minimum of 5+ years experience in a role relevant to Accounting or Financial Reporting.
• 3+ years people management experience leading a team in a complex process environment and managing workflow to deliver client outcomes.
• Strong, practical knowledge with accounting/reporting systems and Profit & Loss and Balance Sheet.
• Strong understanding of financial reporting processes, with knowledge and experience managing risk and controls.
• Knowledge of US GAAP and Insurance or Reinsurance accounting experience is desirable.
• Knowledge of accounting for financial instruments.
• Excellent MS Office skills.

• Minimum Education: Bachelor’s Degree in Accounting, Finance, Business Management/Administration or equivalent.
• Master’s Degree in Accounting, Finance, Business Management/Administration or equivalent from an accredited university is preferred.
• Certifications in relevant fields (e.g., ACA, ACCA, CIMA, etc.) would be advantageous.
• Minimum years experience: Part Qualified Accountant with minimum 5 years experience or Qualified Chartered Accountant with experience in a role relevant to Accounting or Financial Reporting.

• Required Language Skills: Proficient in written and spoken English and Arabic.
• Travel Requirements: Up to 100%
• Available for Work Visa Sponsorship: No
• Government Clearance Required: No
• Job Posting End Date: Not specified