Chart of Accounts (CoA) Manager Oracle ERP Program

About the Role

FNRCO is seeking a Chart of Accounts (CoA) Manager to lead the master CoA structure, segment rules, and automated reconciliation frameworks for the Oracle Fusion ERP transformation at Saudi Awwal Bank (SAB). This contract position is based in Riyadh, Saudi Arabia, and requires an individual with 5-10 years of experience. The role involves bridging SAB Core Banking systems (HUB, MUREX, GLARE, HMI) with Oracle GL, ensuring SAMA regulatory compliance, and IFRS alignment, including IFRS 18.

Role Context and Objectives

The CoA Manager will be responsible for driving the transformation and integration of financial systems within SAB's Oracle ERP program. This includes ensuring data integrity, automating financial processes, and maintaining compliance with key accounting and regulatory standards. The position is central to the successful implementation and ongoing management of the Oracle GL system within the bank's financial architecture.

Key Responsibilities

• Lead the design and continuous enhancement of master CoA structures, segment rules, and validation logic within Oracle GL.
• Develop robust legacy-to-target mapping mechanisms to ensure data integrity during system migration.
• Drive functional integration between Core Banking systems and Oracle GL, overseeing interface health and automating journal postings.
• Manage detailed GL/sub-ledger reconciliations between Finance Systems and Oracle.
• Ensure GL structures support SAMA regulatory reporting and accounting standards, including leading system mapping adjustments for IFRS 18 primary financial statements and IFRS 9/16.
• Manage the workflow for CoA change requests and provide training to the SAB Finance team on Oracle CoA maintenance, tools, and reporting.

Qualifications and Experience

• A minimum of 5 to 10 years of relevant experience in Chart of Accounts management, Oracle ERP, or financial systems integration.
• Demonstrated experience with Oracle Fusion ERP transformation projects.
• Proficiency in SAMA regulatory compliance and IFRS standards, including IFRS 9, IFRS 16, and IFRS 18.
• Experience with core banking systems such as HUB, MUREX, GLARE, and HMI is preferred.

Work Environment

This is a contract position based in Riyadh, Saudi Arabia, working within the financial sector for Saudi Awwal Bank (SAB) through FNRCO. The role involves working closely with various financial and technical teams to achieve project objectives.

Application Process

Candidates who meet the specified qualifications and experience are encouraged to apply for this role. Further details regarding the application process will be provided upon inquiry.