Senior Finance Specialist📣 Job Ad

About the Role

SEVEN (Saudi Entertainment Ventures) is seeking a Senior Finance Specialist to join its team in Abha, Aseer Province. This full-time role is responsible for the accurate accounting, control, and reporting of inventory and fixed assets, ensuring compliance with IFRS and company policies. The specialist will manage inventory across Retail, F&B, and Spare Parts, and oversee the entire fixed asset lifecycle, contributing to financial integrity and audit readiness across various projects and operating entities.

Key Responsibilities

• Manage the full fixed asset lifecycle, including creation, capitalization, transfers, depreciation, impairments, and disposals, in line with accounting standards.
• Monitor Assets Under Construction (AUC)/Capital Work In Progress (CWIP) and ensure timely and accurate capitalization upon project completion.
• Maintain and reconcile the Fixed Asset Register with the General Ledger and Trial Balance.
• Ensure accurate asset classification, tagging, and useful life assignment, and review CAPEX transactions for correct CAPEX vs. OPEX classification.
• Monitor and validate inventory movements across ERP and warehouse systems.
• Perform stock counts, cycle counts, and reconciliations, including variance analysis, and support inventory valuation (provisions, obsolescence, write-offs) in accordance with IAS 2.
• Prepare and post depreciation, inventory, and related journal entries, supporting month-end, quarter-end, and year-end closing activities.
• Perform sub-ledger to General Ledger reconciliations for inventory and fixed assets, and prepare reports and schedules for management and finance leadership.
• Ensure compliance with IFRS, internal policies, capitalization thresholds, and Delegation of Authority (DoA).
• Support internal and external audits by providing documentation, reconciliations, and explanations, and participate in physical asset verification and inventory counts to resolve discrepancies.
• Coordinate with Procurement, Projects, Operations, and Finance on asset and inventory transactions, reviewing Purchase Requisitions (PRs), Purchase Orders (POs), and invoices for correct accounting treatment.
• Identify and drive process improvements and system enhancements, supporting data accuracy and utilization across ERP and sub-systems.

Systems and Tools

• ERP systems (*, SAP – FI/MM)
• Inventory and warehouse management systems
• Fixed asset sub-ledgers and project systems
• Reporting tools (*, Excel, Business Intelligence)

Qualifications and Experience

• Bachelor’s degree in Accounting, Finance, or a related field.
• 2-5 years of experience in Fixed Assets or Financial Accounting.
• Strong knowledge of IFRS, particularly IAS 16, IAS 36, and IAS 38.
• Working knowledge of IFRS inventory accounting (IAS 2) and internal controls.
• Experience working in ERP-driven environments (*, SAP – FI).
• Professional certification in Finance or Accounting (*, CPA, SOCPA, CFA, CFP) is preferred but not mandatory.

Work Environment

This is a full-time position based in Abha, Aseer Province, within a dynamic team at SEVEN (Saudi Entertainment Ventures).

Application

Candidates who meet the above qualifications are encouraged to apply.