Function Head Finance & Accounting📣 إعلان

About the Role

Taj HR is seeking a Function Head - Finance & Accounting to oversee the financial management, business analysis, and strategic financial planning for Unified Real Estate Development (URED) and its subsidiaries. This full-time role ensures financial feasibility, regulatory compliance, and the secure financial future of the organization, aligning with its mission and Saudi Vision 2030 objectives. The incumbent will lead the Finance & Accounting team, drive digital transformation of financial processes, and serve as a primary business partner to the CFO and executive leadership.

Key Responsibilities

• Lead the Finance & Accounting function, providing strategic oversight and governance across FP&A, Accounting, Tax, and Treasury.
• Prepare and manage annual business plans, manpower plans, and departmental budgets for the Finance function.
• Establish and monitor measurable KPIs for the Finance & Accounting team, driving accountability and performance.
• Drive the digital transformation of finance operations, including automation via Yardi, real-time Power BI dashboards, and AI-assisted reporting tools.
• Oversee the preparation and review of monthly, quarterly, and annual financial statements in compliance with IFRS and Saudi GAAP.
• Ensure compliance with all applicable regulatory frameworks, including VAT, Zakat, WHT, and ZATCA e-invoicing requirements.
• Lead all statutory audit processes, manage external auditor relationships, and resolve audit findings.
• Manage treasury operations, including cash flow planning, banking relationship management, and credit facility oversight.
• Provide financial analysis and insights to support decisions on property acquisitions, development feasibility, lease pricing, and capital allocation.
• Collaborate with department heads on budget management, cost controls, and financial performance improvement.
• Lead, coach, and develop the Finance & Accounting team, building capability and succession plans.

Qualifications and Requirements

• A minimum of 10 years of experience in finance and accounting roles.
• Demonstrated experience in strategic financial leadership and team management.
• Strong understanding of IFRS, Saudi GAAP, and local regulatory frameworks (VAT, Zakat, WHT, ZATCA).
• Experience with digital transformation initiatives in finance, including ERP systems (*, Yardi), Power BI, and AI-assisted tools.
• Ability to provide executive-level reporting and strategic financial analysis.

Frameworks and Decision-Making Authority

This role reports directly to the CFO & VP Support Services. The Function Head reviews and validates payment requests up to SAR 500,000 per transaction, with final approval resting with the CEO in accordance with URED DoA. Authority extends to approving departmental operational expenditure within the approved annual budget, as well as team leave, performance appraisals, and departmental headcount plans. The incumbent proposes changes to financial policies, procedures, and internal controls for CFO and CEO approval and is accountable for function-level financial accuracy, compliance, and reporting performance.

Key Performance Indicators

• Monthly financial statements delivered to the CFO by the 10th working day of the following month.
• Annual budget submission completed within the agreed timeline (100% on time).
• Zero material audit qualifications or regulatory penalties in the financial year.
• All ZATCA VAT and Zakat filings submitted before statutory deadlines (100% compliance).
• Finance function fully staffed and performing against individual KPIs.
• At least 2 finance process improvement initiatives implemented per financial year.
• Real-time financial dashboards live and maintained for all key business units via Power BI.

Internal and External Communications

Internal communication involves regular interaction with the CFO & VP Support Services, Finance Managers (Accounting & Tax, FP&A), Chief Accountant, all Department Heads, Legal & Compliance, HR, IT Department, and Property Management (UAPM). External communications include engagement with External Auditors, ZATCA, Banking Partners, Tax and Legal Advisors, the Board of Directors/Audit Committee, Investors, and Financing Institutions.