174 Financial Controller jobs in Saudi Arabia

Our client is a large and well-established family group based in the Eastern Provinces of Saudi Arabia. They are currently strengthening their governance and reporting processes and are looking for an experienced professional to join their finance management team.

The role will be to work closely with the Group CFO and overhaul the accounting structures and reporting processes. The successful candidate will assess current processes, make recommendations, and execute changes across the group's finance functions. This includes implementing robust monthly management reporting to ensure the accuracy of financial data and leading a strong team to support these efforts. This is a senior position within the group, and the candidate is expected to operate as the Group CFO's "right-hand man".

Applicants must meet the following requirements:

1. Native Arabic speaker (this is essential)
2. Qualified Accountant - CPA, ACA, ACCA, or CIMA
3. Minimum of 15 years of experience
4. Experience managing group-level reporting and consolidations
5. Willing to reside in Al Khobar

Niceone is searching for an analytical, proactive, and detail-focused individual to oversee our financial operations as we continue to expand our retail network and market presence. You will be a key member of our leadership team, driving financial integrity, ensuring robust financial controls, and delivering actionable insights that support strategic growth. We seek someone dedicated to operational excellence, continuous improvement, and empowering business partners with critical financial information. Join Niceone and play a pivotal role in shaping our financial success and sustainable growth trajectory.Key Responsibilities Financial Controller Position

• Financial Planning & Analysis: Lead the annual budgeting process, regular forecasting cycles, and long-term financial planning in close partnership with business unit leaders.
• Accounting Oversight: Supervise all accounting functions, ensuring timely, accurate monthly, quarterly, and yearly financial statements in accordance with applicable standards.
• Reporting & Compliance: Prepare management reports, board packs, and statutory filings. Ensure full compliance with local tax regulations and internal policies.
• Internal Controls & Audit: Implement, monitor, and enhance robust internal controls across all financial processes. Coordinate external and internal audits, responding to findings and leading remediation efforts.
• Cash Flow & Working Capital Management: Monitor cash positions, oversee working capital requirements, and optimize treasury processes to support business operations.
• Business Partnering: Act as a strategic advisor to management, offering commercial insights, margin analysis, and cost optimization recommendations to drive profitability.
• Process Improvement: Identify opportunities to improve finance systems, automate reporting, and standardize procedures for maximum efficiency and accuracy.
• Team Leadership: Develop, mentor, and lead a high-performing finance team, fostering a culture of excellence, collaboration, and continuous learning.

• Experience: Minimum 5 years of progressive finance and accounting experience, preferably in a retail, multi-site, or FMCG environment. Previous experience as a financial controller, finance manager, or similar role is a strong advantage.
• Education: Bachelor s degree in Finance, Accounting, or a related discipline. Professional certification (e.g., CPA, CMA, ACCA) is highly beneficial.
• Technical Skills: Advanced proficiency with accounting software, ERP systems, and Microsoft Excel. Strong understanding of IFRS and local GAAP.
• Analytical Mindset: Demonstrated ability to interpret and present complex financial data with clarity for decision-making.
• Attention to Detail: High levels of accuracy, organization, and diligence in all financial matters.
• Communication: Excellent written and verbal communication skills for reporting, presentation, and cross-functional collaboration.
• Integrity & Professionalism: Adherence to ethical standards and a commitment to confidentiality.
• Leadership: Proven experience managing or mentoring finance professionals.

• Strategic Influence: Directly impact business outcomes as part of Niceone s leadership team.
• Career Progression: Develop your expertise and advance within a dynamic, fast-growing organization.
• Innovative Environment: Work in a culture that values ideas, initiative, and continuous improvement.
• Comprehensive Package: Competitive salary, performance incentives, benefits, and learning opportunities.

• Bachelor s degree in finance, accounting, or a closely related field; professional finance qualification is desirable.
• Relevant experience in financial control, accounting, or finance leadership positions.
• Advanced Excel and ERP skills with a strong understanding of reporting, compliance, and regulatory standards.
• CPA, ACCA, or equivalent professional certification preferred.

If you are a financial expert who thrives on accuracy, strategic analysis, and leading teams to achieve operational excellence, we invite you to apply. Please submit your resume and a brief cover letter via our careers portal detailing your experience as a financial controller or in finance leadership roles. Join Niceone, shape our financial future, and grow with a company that values your expertise and ambition.

Company Industry

• Retail

Department / Functional Area

• Finance
• Treasury

Keywords

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Direct message the job poster from Alfanar Projects

Location: Riyadh

Direct Reporting To: Exec. Finance Manager

Purpose:

We are seeking a highly skilled Financial Controller to manage all financial and controlling activities for projects across all EPC, Development, and Operations & Maintenance activities. This role will encompass reporting, banking & cash management, project costing & controlling, budgeting, statutory reporting & compliance, taxation, and digitization.

• Key Accountability Areas & Activities:

1. Accounting, Controlling & Compliance

• Lead and manage all accounting activities, ensuring timely updates and accurate documentation of transactions.
• Approve all types of accounting documents and ensure compliance with internal procedures and regulations (A/P, A/R, GL, taxes, etc.).
• Manage contractual payment terms from an A/R perspective and ensure timely collections from customers.
• Control all payments for interest, commitment fees, global fees, security fees, and IRS payments.
• Lead cost and project controlling in accordance with approved budgets and plans.

2. External Professional Relationships

• Establish and maintain strong relationships with key accounting, tax, auditor, insurance, and banking professionals.
• Ensure reconciliations of asset and liability accounts, preparing monthly trial balances for SPVs.

3. Internal Financial Reporting, Financial Planning and Analysis, & External Compliance

• Oversee the company’s financial activities, including budgeting, reporting, and auditing.
• Manage OPEX & CAPEX budgeting and identify potential risks and opportunities for optimization.
• Prepare monthly and periodic financial reports, including costing, cash flow statements, and financial statements in compliance with IFRS.
• Coordinate required reporting for customs duty control, banks, and regulatory bodies.

4. Tax & Filing

• Manage all types of tax returns (VAT, WHT, CIT, Zakat) ensuring compliance with regulations in coordination with the Central Tax department.
• Qualifications/Requirements:

Knowledge and Experience:

• 10+ years of experience in finance and accounting.
• Strong knowledge of Saudi regulations.
• Excellent accounting, analytical, and reporting skills.
• Proficient in ERP systems (preferably SAP).
• Background in banking and construction industries is preferred.

Education and Certifications:

• Bachelor’s degree in finance or accounting.
• FMVA (Financial Modelling & Valuation Analyst) certification is preferred.
• Credit Analyst.
• CMA.
• CPA.
• CMA.
• ACCA.

• Seniority level Mid-Senior level

• Employment type Full-time

• Job function Finance and Accounting/Auditing
• Industries Construction, Banking, and Accounting

Referrals increase your chances of interviewing at Alfanar Projects by 2x

Asharat Sudair, Riyadh, Saudi Arabia 1 day ago

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Join to apply for the Financial Controller role at Burjline Builders

Join to apply for the Financial Controller role at Burjline Builders

• Develop financial models to support strategic initiatives, pricing strategies, and operational decisions.
• Prepare monthly, quarterly, and annual financial reports, including profit & loss, balance sheet, and cash flow statements.
• Analyze variances between actual and budgeted figures; identify root causes and provide recommendations.
  
  
• Lead the annual budgeting process in coordination with department heads.
• Provide rolling forecasts and update management on business performance and financial outlook.
• Monitor capital and operating expenditures to ensure alignment with approved budgets.
  
  

• Develop financial models to support strategic initiatives, pricing strategies, and operational decisions.
• Prepare monthly, quarterly, and annual financial reports, including profit & loss, balance sheet, and cash flow statements.
• Analyze variances between actual and budgeted figures; identify root causes and provide recommendations.
  
  

• Lead the annual budgeting process in coordination with department heads.
• Provide rolling forecasts and update management on business performance and financial outlook.
• Monitor capital and operating expenditures to ensure alignment with approved budgets.
  
  

• Analyze production costs, overhead absorption, and cost drivers specific to steel casting operations.
• Identify areas of cost savings and process improvement in procurement, production, and logistics.
• Evaluate product line and customer profitability to support commercial decision-making.
  
  

• Ensure financial practices comply with IFRS, local tax laws, and internal policies.
• Monitor internal controls over financial reporting and recommend improvements.
• Support statutory audits and coordinate with external auditors for timely closure.
  
  

• Conduct feasibility studies and ROI analysis for capital projects and new business opportunities.
• Support investment decisions by preparing cash flow models and break-even analysis.
• Evaluate financial risks and mitigation strategies.
  
  

• Monitor daily cash flow and working capital position.
• Liaise with banks for LC handling, funding arrangements, and credit facilities.
• Recommend actions to optimize receivables, payables, and inventory levels.
  
  

• Bachelor’s degree in Finance, Accounting, or Economics; CPA, CMA, or MBA preferred.
• 5–8 years of relevant experience, ideally in heavy manufacturing or foundry industries.
• Strong knowledge of financial modeling, ERP systems (SAP, Oracle, or similar), and Excel.
• Solid understanding of cost accounting, industrial operations, and project analysis.
• Analytical mindset, attention to detail, and ability to present financial insights clearly.
• Excellent communication skills and ability to work with cross-functional teams.

• Seniority level Mid-Senior level

• Employment type Full-time

• Job function Accounting/Auditing and Finance
• Industries Construction

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

Our client is a large and well-established family group based in the Eastern Provinces of Saudi Arabia. They are currently strengthening their governance and reporting processes and are looking for an experienced professional to join their finance management team.

The role will be to work closely with the Group CFO and overhaul the accounting structures and reporting processes. The successful candidate will assess current processes, make recommendations, and execute changes across the group's finance functions. This includes implementing robust monthly management reporting to ensure the accuracy of financial data and leading a strong team to support these efforts. This is a senior position within the group, and the candidate is expected to operate as the Group CFO's "right-hand man".

Applicants must meet the following requirements:

1. Native Arabic speaker (this is essential)
2. Qualified Accountant - CPA, ACA, ACCA, or CIMA
3. Minimum of 15 years of experience
4. Experience managing group-level reporting and consolidations
5. Willing to reside in Al Khobar

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Direct message the job poster from Alfanar Projects

Location: Riyadh

Direct Reporting To: Exec. Finance Manager

Purpose:

We are seeking a highly skilled Financial Controller to manage all financial and controlling activities for projects across all EPC, Development, and Operations & Maintenance activities. This role will encompass reporting, banking & cash management, project costing & controlling, budgeting, statutory reporting & compliance, taxation, and digitization.

• Key Accountability Areas & Activities:

1. Accounting, Controlling & Compliance

• Lead and manage all accounting activities, ensuring timely updates and accurate documentation of transactions.
• Approve all types of accounting documents and ensure compliance with internal procedures and regulations (A/P, A/R, GL, taxes, etc.).
• Manage contractual payment terms from an A/R perspective and ensure timely collections from customers.
• Control all payments for interest, commitment fees, global fees, security fees, and IRS payments.
• Lead cost and project controlling in accordance with approved budgets and plans.

2. External Professional Relationships

• Establish and maintain strong relationships with key accounting, tax, auditor, insurance, and banking professionals.
• Ensure reconciliations of asset and liability accounts, preparing monthly trial balances for SPVs.

3. Internal Financial Reporting, Financial Planning and Analysis, & External Compliance

• Oversee the company's financial activities, including budgeting, reporting, and auditing.
• Manage OPEX & CAPEX budgeting and identify potential risks and opportunities for optimization.
• Prepare monthly and periodic financial reports, including costing, cash flow statements, and financial statements in compliance with IFRS.
• Coordinate required reporting for customs duty control, banks, and regulatory bodies.

4. Tax & Filing

• Manage all types of tax returns (VAT, WHT, CIT, Zakat) ensuring compliance with regulations in coordination with the Central Tax department.
• Qualifications/Requirements:

Knowledge and Experience:

• 10+ years of experience in finance and accounting.
• Strong knowledge of Saudi regulations.
• Excellent accounting, analytical, and reporting skills.
• Proficient in ERP systems (preferably SAP).
• Background in banking and construction industries is preferred.

Education and Certifications:

• Bachelor's degree in finance or accounting.
• FMVA (Financial Modelling & Valuation Analyst) certification is preferred.
• Credit Analyst.
• CMA.
• CPA.
• CMA.
• ACCA.

• Seniority level Mid-Senior level

• Employment type Full-time

• Job function Finance and Accounting/Auditing
• Industries Construction, Banking, and Accounting

Referrals increase your chances of interviewing at Alfanar Projects by 2x

Asharat Sudair, Riyadh, Saudi Arabia 1 day ago

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Senior Project Financial Controller page is loadedSenior Project Financial Controller Apply locations Riyadh time type Full time posted on Posted Yesterday job requisition id JR10337534

Job Description:

JOB SUMMARY

A vacancy has arisen for the position of Senior Project Financial Controller.

In the role of Project Financial Controlling, you will be a vital part of the Finance community and the project organization. As a challenging Business Partner, you will contribute substantially to managing the profit and loss of various projects. You will gather and provide data to enable informed decision-making at the management level and give visibility about performance versus targets. You will highlight and analyze discrepancies and propose actions to optimize financial and operational performance. To do so, you will collaborate with and challenge your business partners from all directorates (e.g., PMO, Engineering, Operations, Procurement, Sales, Taxation and other departments). Moreover, you will support key change decisions in the project. You will also manage the financial aspects of the project contracts, including revenue recognition, costs, cash, and risk and opportunity management. During bid phases, you will provide support for all financial aspects in contractual amendments and the acquisition of additional orders while meeting the required profitability targets.

Working in Project Financial Controlling requires a robust business understanding, a feel for numbers, and solid social skills to be able to manage your stakeholders towards the best business decisions for the company. The role is challenging in its complexity and must be undertaken by someone who is capable of understanding the people, the product, and the numbers. You will work with the project team and be embedded in the Finance community. A high level of self-awareness, emotional intelligence, conflict management skills, persistence, and assertiveness are required to master this business partnering role.

With your work, you will contribute to the successful completion of this challenging project.

LIST OF RESPONSIBILITIES

Estimate at Completion (EAC), Project Mgmt and Cost Control:

• Plan and execute the EAC process in KSA, ensuring adherence to processes and timely delivery of high-quality reports.
• Monitor all project-related costs and maintain transparent communication with stakeholders.
• Responsible for the yearly calculation of hourly rates.
• Oversee the end-to-end management of small projects, including revenues, costs, and margins.
• Create and maintain WBS elements in SAP as per the PMO-released WBS.
• Open and close WBS elements in SAP as needed, including planning creation and modifications throughout the project lifecycle.

Risk & Opportunity Management:

• Participate in the Airbus Risk & Opportunity Management process, ensuring alignment with Airbus standards in collaboration with the project team and the dedicated R&O manager.

Planning & Reporting:

• Prepare internal project reporting as well as corporate planning (OP/FC) and reporting.
• Present reports to relevant stakeholders and provide detailed analysis of key project KPIs, including FCF and balance sheet variations.
• Prepare and deliver monthly financial reports to management.

Audits & Compliance and Process Optimization:

• Support local/group audits and ensure compliance with corporate and local reporting requirements.
• Collaborate closely with external audit firms during quarterly and annual audit processes.
• Establish clear processes and KPIs for the Projects Finance Department activities.
• Create interfaces to existing accounting/controlling tools locally.

Interco, Invoicing, Project Insurance and Cash Management:

• Oversee and manage invoicing activities in SAP.
• Forecast cash-in and revenue to support financial planning and reporting.
• Harmonize guarantees and letters of credit in line with Airbus Corporate Treasury.
• Maintain and improve banking services for Airbus in KSA, coordinating with European treasury teams when necessary.
• Ensure the application of the planned cost flow diagram in line with tax optimization programs.
• Oversee smooth execution of intercompany billing and reporting.
• Manage insurance suppliers through brokers and Airbus Corporate Insurance.
• Coordinate all insurance topics and set up clear insurance processes for Airbus DS KSA.

Stakeholder Collaboration:

• Liaise with internal business line controllers, project controllers, and customers to ensure smooth financial operations.

PERSON SPECIFICATIONS:

• Chartered Accountant (ACA, CIMA, CPA or ACCA) with at least 3 years of professional practice experience in a well-established firm
• At least 5 years of relevant project or commercial finance experience in the Middle East region, for instance, experience in contract negotiations or commercial discussions with customers, working knowledge of Project Management etc
• Expertise in budgeting, cost control, and revenue controlling, etc.
• Excellent proficiency in MS Office, particularly MS Excel; SAP ERP knowledge is preferable

OTHER FACTORS:

• Managing complex and demanding situations with experience in the cultural environment of Saudi Arabia
• Presentable personality with excellent communication skills together with experience in the cultural environment of Saudi Arabia or other Arabic countries
• Ability to work in a team / organize and communicate / identify weaknesses and risk / evaluate objectively and constructively / work under pressure and to meet deadlines
• High level of integrity to work with highly confidential information
• Flexible / adaptable / enthusiastic / motivated / self-confident / team player

SUPERVISION RECEIVED:

• The job holder reports to: Head of Project Financial Controlling who reports to the CFO KSA with a dotted line to the Programme Controller in Germany

COMMUNICATIONS:

• Project and Contract Managers, Procurement and other functions
• Controlling functions in Germany, France and Spain etc
• Accounting Team based in KSA
• External Auditors

This job requires an awareness of any potential compliance risks and a commitment to act with integrity, as the foundation for the Company’s success, reputation and sustainable growth.

Company:

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Experience Level:

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