Cluster Financial Controller📣 Job Ad

About the Role

Rezayat Group is seeking a Cluster Financial Controller to serve as the senior finance leader for a portfolio of seven companies in Saudi Arabia. This full-time position is based in Al Khobar, Eastern region, and involves overseeing financial operations across diverse sectors including logistics, tank cleaning, inspection and maintenance, water services, trading, crane hire, and equipment rental. The portfolio generates approximately US$150 million in revenue and employs 1,200 individuals, forming a key part of a larger group comprising 28 companies.

The role operates at a level close to that of a CFO, encompassing responsibility for financial control, reporting, governance, compliance, cash flow management, business performance analysis, and overall finance leadership within the cluster. The Cluster Financial Controller will collaborate closely with business leaders, ensuring strict adherence to Group policies, systems, delegated authorities, and finance standards.

Key Responsibilities

• Lead the finance function across all cluster companies, acting as the principal finance advisor to the Executive Director, Group CFO, and business leaders.
• Provide clear financial insights on performance, profitability, risk, cash flow, and business priorities, supporting commercial decisions, bids, tenders, pricing, investment cases, and operational improvement plans.
• Ensure accurate and timely monthly, quarterly, and annual financial reporting, leading budgeting, forecasting, variance analysis, and management reporting.
• Consolidate cluster performance, explain key movements, risks, and corrective actions, and improve financial dashboards, KPIs, and reporting quality for senior management and Board-level review.
• Maintain strong financial controls, ensuring compliance with Delegation of Authority, Group policies, audit requirements, internal control standards, and safeguarding assets.
• Lead audit readiness, coordinate internal, external, and statutory audits, and ensure timely closure of audit findings and corrective actions.
• Ensure full compliance with Saudi VAT, withholding tax, Zakat, corporate tax, and ZATCA requirements, overseeing statutory filings and regulatory reporting.
• Drive working capital discipline across receivables, collections, unbilled revenue, payables, and inventory, leading cash flow forecasting and liquidity visibility.
• Coordinate with Group Treasury on banking facilities, guarantees, letters of credit, and funding requirements, supporting collection reviews.
• Oversee the performance of offshore shared services supporting finance operations, ensuring accurate and timely month-end close, reconciliations, accounts payable, accounts receivable, and reporting processes.
• Drive standardization, automation, process improvement, and cost efficiency, monitoring service levels and supporting effective utilization of the group's ERP (SAP).
• Lead, coach, and develop the cluster finance team, building a disciplined, accountable, and commercially aware finance culture.

Required Experience

• 15–20 years of progressive finance experience, including senior finance leadership responsibility.
• Experience operating at Financial Controller, Finance Director, Deputy CFO, or CFO-minus-one level.
• Proven leadership of finance across multiple companies, business units, or legal entities.
• Strong experience in financial control, reporting, budgeting, forecasting, audit, tax, governance, and working capital.
• Experience in Saudi Arabia or the GCC is strongly preferred.
• Sector exposure to logistics, industrial services, equipment rental, crane hire, trading, transport, contracting, water services, or asset-heavy businesses is highly desirable.
• Experience working in a group-controlled environment with central Treasury, Tax, Legal, and Internal Audit functions.
• Experience managing or coordinating offshore/shared-services finance support is preferred.
• Strong ERP exposure, ideally SAP, with practical knowledge of reporting tools and finance automation.

Qualifications

• Professional accounting qualification required: CA, CPA, ACCA, CMA or equivalent.
• Bachelor’s degree in Accounting, Finance, or a related discipline.
• An MBA or relevant executive finance qualification is an advantage.

Work Environment

This full-time role is based in Al Khobar, Eastern region, Saudi Arabia, within a dynamic group structure. The Cluster Financial Controller will manage the finance function across a diverse portfolio of seven companies, requiring close collaboration with various business units and alignment with central Group functions.

Application Information

Candidates who meet the specified requirements are encouraged to apply for this senior finance leadership position within Rezayat Group.