Senior Manager General Ledger Controlling📣 إعلان

About Red Sea Global and the Role

Red Sea Global, through its subsidiary Red Sea Coastal Trading Company, plays a pivotal role in facilitating Saudi Arabia's ambitious coastal development projects, including The Red Sea Project and AMAALA. The company specializes in providing comprehensive trading solutions, sourcing, and supplying high-quality materials and services essential for world-class tourism and infrastructure initiatives, aligning with Vision 2030 goals. We are seeking a Senior Manager General Ledger Controlling to join our full-time team in Jeddah, Makkah, Saudi Arabia.

Role Purpose

The Senior Manager General Ledger Controlling leads the finance operations team, ensuring the accurate booking of all financial transactions and the efficient execution of treasury operations, including employee payroll and other disbursements across the Group. This role is critical for maintaining financial integrity in line with commercial obligations, budgetary ownership, internal policies, controls, and IFRS. The position also involves controlling, analyzing, and optimizing the Group's operating and financing cashflows to ensure adequate liquidity at optimal cost.

Key Responsibilities

• Oversee the booking and recording of all financial transactions, ensuring compliance with budgetary ownership, internal policies, controls, and IFRS.
• Manage all treasury operations, including payables, collections, credit control and insurance, documentary credit, financial guarantees, bank funding, and cash management.
• Conduct monthly cash flow planning and forecasting to ensure sufficient liquidity to support current and future Group needs.
• Actively manage and service the bank debt and funding portfolio, including reviewing, forecasting, and planning operating and financing cash flows, and tracking KPI performance against covenants.
• Lead and develop the Accounting team, fostering a culture of accuracy and efficiency.
• Support HR and Group employees with the review and disbursement of monthly payroll, business expenses, and other reward mechanisms.
• Assist Corporate Commercial Finance and IT in implementing various SAP setups and other system integrations.
• Contribute to identifying opportunities for continuous improvement in departmental systems, processes, and practices.

Fiscal Compliance and External Relations

• Ensure Group compliance on all fiscal matters within KSA, including VAT and Zakat.
• Prepare KSA fiscal reporting and manage regulatory compliance.
• Manage key external relationships with the Group’s banking partners, statutory auditors, credit insurers, and tax advisory firms.

Strategic Support and Reporting

• Support the Group Financial Controller (FC) and Chief Financial Officer (CFO) with key procedures for monthly and statutory reporting.
• Assist in the statutory audit process and annual budget preparation where required.
• Support the General Manager and Corporate Commercial Finance team in developing funding strategies and capital structures, and securing appropriate bank facilities to optimize financing costs.

Required Experience

Candidates for this position should possess 5 to 10 years of relevant professional experience in finance operations, general ledger management, treasury, and fiscal compliance.