168 Finance Manager jobs in Saudi Arabia

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
  
  

• 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
  
  

• Seniority level Mid-Senior level

• Employment type Full-time

• 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

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

Join Müller's Solutions as a Finance Manager and contribute to the success of our organization. As the Finance Manager, you will play a key role in overseeing and managing the financial operations of our company.

Responsibilities:

• Develop and implement financial strategies and plans to achieve business goals and objectives
• Monitor key financial metrics, analyze financial data, and provide insights to senior management
• Manage the budgeting, forecasting, and financial planning processes
• Ensure compliance with financial regulations and accounting standards
• Oversee the preparation of financial statements and reports
• Manage cash flow, budget allocation, and working capital
• Provide financial analysis and modeling to support strategic initiatives and decision-making
• Identify and mitigate financial risks
• Lead and mentor a team of finance professionals
  
  

• Bachelor's degree in Finance, Accounting, or a related field. MBA or CFA is preferred
• Proven experience as a Finance Manager in Software Industry or in a similar role
• In-depth knowledge of financial management principles, practices, and regulations
• Strong analytical and problem-solving skills
• Proficiency in financial analysis and modeling
• Excellent attention to detail and accuracy
• Advanced proficiency in financial software and MS Excel
• Strong communication and leadership skills
• Ability to work effectively in a team and with cross-functional stakeholders
  
  

Responsibilities

• Review all kinds of original vouchers to ensure the authenticity and legitimacy of the accounting information according to the actual business situation and document elements.
• Perform the Finance and accounting processing according to the group's accounting requirements and local accounting standards, including accounting vouchers, general ledgers, sub-ledgers, statement reporting and other accounting processing. Ensure that the financial data is accurate, precise and complete.
• Review the bills to ensure the reasonableness and authenticity of revenue, costs and expenses according to the Group and local management requirements for customers and suppliers. Manage accounts receivable and control creditors, supervise the collection of business-related personnel, and prompting and reporting overdue receivables and risky debts.
• Manage the collection and payments are written off on time in CAMS, according to the Group's collection and payment verification regulations.
• Review system business data; Submit the budget and complete the payment according to fund management regulations to ensure the safety of the funds.
• Responsible for issuing invoices and tax declaration, to ensure tax return reporting on time, follow up the accurate local tax policies to prevent any tax risks, according to the requirements of local tax laws and regulations.
• Responsible for sorting, filing and archiving accounting documents such as audit accounting vouchers, various account books, statements, and reconciliation schedules.
• Review sales performance, KPI commissions, payroll and other expenses to ensure the data is correct.
• Provide financial analysis according to the operation situation, and communicate with the subsidiary MD and the Group's Finance Centre.
• Liaise and cooperate with local accounting firms and other relevant financial third parties.
• Update the local business, market, tax, banking, regulatory and other environmental policies to the Group and provide reasonable suggestions.
• Supervise and support local business operations and report to the Group accurately.
• Complete other jobs assigned by your line manager.

Qualifications

• Bachelor’s degree, major in financial management/accounting, intermediate title/junior title; Fluent English (listening, speaking, reading and writing), fluent in Chinese; and fluent local official language.
• More than 3 years of working experience in overall accounting (General ledger account and reporting), preferably in the same industry.
• Familiar with Chinese accounting standards for business enterprises, local applicable accounting standards, tax laws, and tax declaration procedures.
• Skilled in the use of financial software, office software, Excel etc.
• Organized, good at communication and presentation.
• Good work attitude and teamwork.
• Ability of execution, responsibility, and being able to work under pressure.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Accounting/Auditing
• Industries: Transportation, Logistics, Supply Chain and Storage

Job Summary

The Financial Manager is responsible for overseeing the company’s financial operations, ensuring accuracy in reporting, compliance with regulations, and alignment with the company’s strategic goals. This role involves budgeting, forecasting, financial analysis, risk management, and leading the finance team to support business growth and profitability.

• Develop and implement financial strategies, policies, and procedures.
• Prepare, monitor, and manage budgets and financial forecasts.
• Analyze financial performance and provide recommendations to improve profitability and cost-efficiency.
• Oversee financial reporting including income statements, balance sheets, and cash flow statements.
• Ensure compliance with financial regulations and international accounting standards (e.g., IFRS, GAAP).
• Supervise accounting operations and ensure accurate and timely month-end and year-end closing processes.
• Manage relationships with banks, auditors, tax authorities, and other stakeholders.
• Monitor and assess financial risks, and develop strategies to mitigate them.
• Lead and mentor the finance and accounting team.
• Support senior management in strategic planning and investment decisions.

• Bachelor’s degree in Finance, Accounting, or a related field (Master’s degree or professional certifications such as CPA, CMA, CFA are preferred).
• Minimum of 7 years of relevant experience in finance or accounting, with at least 3 years in a managerial role.
• Strong knowledge of financial regulations and international financial reporting standards (IFRS/GAAP).
• Proficiency in financial software and ERP systems.
• Excellent analytical and problem-solving skills.
• Proven leadership and team management capabilities.
• Experience in financial modeling and strategic planning is a plus.

• Analytical Thinking: Ability to interpret complex financial data and translate it into actionable insights.
• Attention to Detail: High level of accuracy in preparing and analyzing financial reports.
• Leadership: Strong leadership skills to guide and develop the finance team.
• Communication: Excellent verbal and written communication skills for reporting and stakeholder engagement.
• Time Management: Ability to prioritize tasks and meet tight deadlines.
• Decision-Making: Confident in making sound financial decisions that align with company objectives.
• Technical Proficiency: Advanced Excel skills and experience with financial software/ERP systems (e.g., SAP, Oracle).
• Integrity: High ethical standards and professionalism when dealing with sensitive financial information.
• Problem-Solving: Ability to identify issues quickly and develop effective solutions.
• Strategic Thinking: Capacity to align financial management with broader business goals.

My client, an international powerhouse in the education sector, has an immediate need for a seasoned finance manager to be based in their Khobar offices.

As part of the company's development, this growing region is seeking an experienced Finance Manager to play a significant role in the development of a new finance team in the Middle East region. The company prides itself on teamwork and being a people-based business, placing great importance on personal integrity, emotional intelligence, and inter-personal skills.

Responsibilities:

1. Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.
2. Maintain system of accounts and keep records on all company transactions and assets.
3. Implement accounting procedures and processes as identified by the Finance Director.
4. Reviews Accounts Receivables/Payables and weekly payment runs.
5. Determines proper handling of financial transactions and approves the transactions within designated limits.
6. Preparation of Budgets, forecasts, and financial reports on a regular basis.
7. Review reports and analyse projections of sales & operating income against actual figures.
8. Conducting reviews and evaluations for cost-reduction opportunities.
9. Managing the region's financial accounting, monitoring, and reporting systems.
10. Liaising with auditors to ensure annual monitoring is carried out successfully.
11. Developing external relationships with appropriate contacts, e.g., Auditors, Bankers.

English - Fluent / Excellent
Arabic - Very Good

1. Solid technical accounting experience.
2. Excellent written and verbal communication (English), and it is an advantage if you can speak and write Arabic.
3. Team player and a good leader.
4. Results and task-oriented.
5. Ability to handle pressure and meet deadlines.
6. Attention to detail, honest and trustworthy.
7. Ability to exercise initiative and sound judgment and to react with discretion under varying conditions.
8. Ability to analyze financial data and to prepare accurate reports in a timely fashion.

Mackenzie Jones Middle East has decades of HR, Marketing, Finance & Accounting, Sales, Secretarial & Business Support, Management Consulting, and Engineering recruitment expertise. Along with a deep understanding of key market sectors and regions, we never forget to treat clients, companies, and candidates as individuals who have unique needs.

So we always listen, constantly learn, occasionally challenge, and frequently advise. It’s all part of a service renowned for its courtesy, consideration, and dedication. Based in Dubai since 2006, our office covers the GCC and Levant countries, and with the right regional expertise, we are the leading specialists.

We’re growing rapidly because people appreciate our honesty, commitment, and results.

Responsibilities

• Lead and manage overall financial operations of HPSIC in compliance with IFRS and Saudi regulations.
• Preparation and presentation of monthly, quarterly, and annual financial statements to HQ.
• Supervise verification and posting of sales, receivables, and payables transactions.
• Manage monthly reconciliation of financial statements between HPSIC and HQ.
• Oversee compliance with IFRS for monthly journals, trial balance, and consolidated financial packages.
• Ensure accurate and timely reporting of Balance Sheet, Income Statement, Cash Flow, and Equity Statements.
• Manage depreciation of assets, prepaid transactions, accruals, and bookkeeping accuracy.
• Establish and lead ERP system implementation (Finance, Service, Manufacturing, WIP, Inventory modules).
• Lead VAT & Corporate Tax (CT) compliance under ZATCA; supervise CT filing, Connected Person (CP) filing, and Related Party filing.
• Drive Transfer Pricing Policy setup and intercompany cost allocation between HPSIC and HQ.
• Coordinate and manage annual Financial Audit with external auditors.
• Respond to tax investigations and government inquiries when required.
• Set up and monitor internal financial controls, policies, and procedures.
• Provide strategic analysis and business reports:
• P&L, Trial Balance, Cash Flow, Inventory Reports
• Ratio Analysis, Capital Budgeting, Breakeven, IRR/NPV Analysis
• Working Capital & Capital Performance reports
• Staff Benefits & Indemnity calculations
• Cost restructuring and efficiency analysis
• Oversee payroll processing, ensuring compliance with WPS and GOSI, including EOSB calculations.
• Support procurement and contract review to ensure financial compliance and cost optimization.

• Minimum 5 years of progressive finance/accounting experience, including at least 3–5 years in Saudi Arabia.
• Proven experience in managing full financial operations of a legal entity.
• Deep knowledge of IFRS and ZATCA requirements (VAT, CT, Transfer Pricing, Related Party Filing).
• Strong experience with ERP systems (implementation & operation).
• Audit leadership
• Experience in multinational/multi-entity reporting and consolidation.
• Track record of managing banking, treasury, and cash flow.

My client, an international powerhouse in the education sector, has an immediate need for a seasoned finance manager to be based in their Khobar offices.

As part of the company's development, this growing region is seeking an experienced Finance Manager to play a significant role in the development of a new finance team in the Middle East region. The company prides itself on teamwork and being a people-based business, placing great importance on personal integrity, emotional intelligence, and inter-personal skills.

Responsibilities include but are not limited to:

1. Review, investigate, and correct errors and inconsistencies in financial entries, documents, and reports.
2. Maintain the system of accounts and keep records of all company transactions and assets.
3. Implement accounting procedures and processes as identified by the Finance Director.
4. Review Accounts Receivables/Payables and manage weekly payment runs.
5. Determine proper handling of financial transactions and approve transactions within designated limits.
6. Prepare budgets, forecasts, and financial reports regularly.
7. Review reports and analyze projections of sales & operating income against actual figures.
8. Conduct reviews and evaluations for cost-reduction opportunities.
9. Manage the region's financial accounting, monitoring, and reporting systems.
10. Liaise with auditors to ensure successful annual monitoring.
11. Develop external relationships with contacts such as auditors and bankers.

Language Requirements:

• English - Fluent / Excellent
• Arabic - Very Good

Additional Requirements:

• Own a Car: Any
• Have a Driving License: Any

Job Skills:

• Solid technical accounting experience.
• Excellent written and verbal communication skills in English; proficiency in Arabic is an advantage.
• Team player and effective leader.
• Results and task-oriented.
• Ability to handle pressure and meet deadlines.
• Attention to detail, honesty, and trustworthiness.
• Ability to exercise initiative, sound judgment, and react discreetly under varying conditions.
• Ability to analyze financial data and prepare accurate reports promptly.

About The Company:

Mackenzie Jones Middle East has decades of expertise in HR, Marketing, Finance & Accounting, Sales, Secretarial & Business Support, Management Consulting, and Engineering recruitment. With a deep understanding of key market sectors and regions, we treat clients, companies, and candidates as individuals with unique needs.

Based in Dubai since 2006, our office covers the GCC and Levant countries. Our regional expertise makes us leading specialists in our fields.

We are growing rapidly because people appreciate our honesty, commitment, and results. Our areas of specialization include Human Resources, Finance & Accounting, Marketing, Sales, Secretarial & Business Support, Executive Search, Banking & Financial Services, Management Consulting, and Engineering.

Overview

The role of Finance Manager is focused on overseeing financial activities, ensuring compliance, and driving organisational growth. This position requires a strategic thinker with expertise in banking and financial services to deliver exceptional results.

A well-established organisation within the financial services sector, this company is known for its robust operations and innovative approach. As part of a medium-sized team, it offers a challenging and rewarding environment for professionals in banking and financial services.

• Oversee financial planning, budgeting, and forecasting activities.
• Ensure compliance with regulatory requirements and internal policies.
• Analyse financial performance and provide actionable insights to senior management.
• Develop and implement strategies for cost efficiency and revenue growth.
• Supervise and guide the finance team to achieve departmental goals.
• Collaborate with stakeholders to align financial strategies with business objectives.
• Prepare accurate and timely financial reports for internal and external stakeholders.
• Manage risk assessment and mitigation strategies within the organisation.

• A degree in finance, accounting, or a related field.
• Professional qualifications such as ACCA, CPA, or CFA are highly desirable.
• Proven expertise in banking and financial services operations.
• Strong analytical and problem-solving skills.
• Proficiency in financial software and tools.
• A solid understanding of regulatory frameworks in financial services.

• A competitive compensation package.
• Performance-based bonus incentives.
• Comprehensive insurance coverage.
• A supportive and collaborative workplace culture.

This is an exciting opportunity for a Finance Manager to thrive in the financial services industry. Apply now to take the next step in your career!

Skills Finance and Accounting

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

Core Competencies

Team Synergy & Development: 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.

Create a Job Alert

Interested in building your career at HALA? Get future opportunities sent straight to your email.

*

indicates a required field

First Name *

Last Name *

Email *

Phone *

Resume/CV *

Enter manually

Accepted file types: pdf, doc, docx, txt, rtf

Education

School Select.

Degree * Select.

LinkedIn Profile

What is your current salary? *

What is your expected salary? *

Are you Saudi? * Select.

What is your nationality? * Select.

What is your notice period? * Select.

Are you living in Riyadh? * Select.

When is your available times for an interview? * Select.

Have +5 years experience in this field * Select.

Have you held any leadership positions? * Select.

Kindly, write down the professional certificates that you have *