Lease Finance Officer Jobs in Al khobar

About the Role

Wood, a global leader in consulting and engineering, is seeking a motivated Finance Intern (Co-Op) to join its team in Al Khobar, Saudi Arabia. This full-time position offers an opportunity for an aspiring finance professional to gain practical experience within an international organization. The intern will support the finance department across various tasks, contributing to financial operations and process improvement.

Key Responsibilities

• Assist with financial data entry, transaction recording, and maintaining accurate financial records in accounting software or spreadsheets.
• Support the preparation of financial reports, statements, and presentations for internal and external stakeholders.
• Perform financial analysis, including variance, trend, and ratio analysis, to assess financial performance.
• Contribute to budgeting and forecasting processes by gathering data and updating financial models.
• Assist in reconciling bank statements, accounts receivable, and accounts payable to ensure data accuracy.
• Participate in audits and compliance reviews by providing documentation and assisting with preparations.
• Conduct research on industry trends, market conditions, and financial regulations.
• Support finance team members on ad-hoc projects and process improvement initiatives.
• Collaborate with cross-functional teams, including accounting and treasury.
• Maintain the confidentiality and integrity of all financial information.
• Assist in updating and maintaining financial databases and reports.
• Participate in training sessions and workshops to develop professional skills.
• Provide administrative support to finance team members, including scheduling and organizing files.
• Learn and utilize various financial software systems and tools.
• Seek opportunities for personal and professional growth within finance.

Qualifications and Requirements

• Currently enrolled in a bachelor's degree program in finance, accounting, economics, or a closely related field.
• Strong academic background with relevant coursework in financial accounting, managerial finance, and financial analysis.
• Proficiency in Microsoft Excel, including formulas, functions, and data analysis tools.
• Analytical mindset with the ability to interpret financial data and analyze trends.
• Excellent communication and interpersonal skills for effective teamwork.
• Detail-oriented with strong organizational skills and the ability to manage multiple priorities.
• Enthusiasm for learning and a willingness to take on new challenges.
• Commitment to professionalism, integrity, and ethical behavior.

Required Skills

• Financial data entry and transaction recording.
• Financial record and report maintenance.
• Preparation of financial reports, statements, and presentations.
• Financial analysis (variance, trend, ratio).
• Support for budgeting and forecasting.
• Reconciliation of financial accounts.
• Participation in audits and compliance reviews.
• Research on financial and industry trends.
• Support for ad-hoc projects and process improvements.
• Cross-functional collaboration.
• Maintaining confidentiality of financial information.
• Updating financial databases and spreadsheets.
• Utilization of financial software systems and tools.
• Data analysis.
• Microsoft Excel proficiency.
• Analytical interpretation of financial data.
• Strong communication and interpersonal skills.
• Teamwork and collaboration.
• Detail-orientation and strong organizational skills.
• Ability to manage multiple tasks and priorities.
• Enthusiasm for learning and taking on new challenges.
• Professionalism, integrity, and ethical behavior.
• Familiarity with financial software systems such as SAP, Oracle, or QuickBooks is considered a plus.

Work Environment and Details

This is a full-time Finance Intern (Co-Op) position based in Al Khobar, Saudi Arabia. The role offers a valuable opportunity to gain hands-on experience within Wood's finance department, working alongside experienced professionals in a dynamic and international setting.

About the Role

Ashraq Development Company is seeking a Lead Financial Specialist to join its team in Al Khobar, Saudi Arabia. This full-time position is responsible for overseeing and enhancing financial control and reporting functions, ensuring adherence to international and local accounting standards, and mitigating financial risks. The role involves maintaining the accuracy and integrity of financial statements, providing insights to senior management, and leading key financial processes such as external audits and new contract assessments. A strong understanding of IFRS and SOCPA, along with exceptional analytical and leadership capabilities, is required.

Key Responsibilities

• Lead financial control and reporting activities, ensuring the accuracy, completeness, and timeliness of financial statements in compliance with International Financial Reporting Standards (IFRS) and Saudi Organization for Certified Public Accountants (SOCPA) requirements.
• Establish, implement, and enhance financial control frameworks, policies, and internal controls to safeguard company assets and mitigate financial and operational risks.
• Review and analyze financial statements, variance analyses, and management reports, providing clear explanations and actionable insights to senior management.
• Manage the external audit process, serving as the primary point of contact with external auditors and ensuring the resolution of audit findings.
• Oversee the implementation and interpretation of new or revised accounting standards, ensuring their proper adoption and documentation.
• Ensure ongoing compliance with IFRS and SOCPA, proactively identifying and resolving potential issues.
• Conduct IFRS assessments for draft contracts prior to tendering, evaluating accounting treatment, revenue recognition implications, and overall financial impact.
• Stay current with evolving accounting standards, regulatory updates, and industry best practices, embedding necessary changes into reporting and control processes.

Qualifications and Experience

• A Bachelor's degree in Accounting is required.
• A minimum of 6 years of progressive experience in Financial Control, Accounting, or Financial Reporting roles is essential.
• Possess strong, hands-on knowledge of IFRS and solid familiarity with SOCPA requirements.
• Demonstrated experience in leading external audits and effectively managing internal control systems.
• Possession of SOCPA and/or CPA certification is considered a significant advantage.

Required Skills and Attributes

• Financial Control
• Financial Reporting
• IFRS (International Financial Reporting Standards)
• SOCPA (Saudi Organization for Certified Public Accountants)
• Internal Controls
• Audit Management
• Accounting Standards
• Revenue Recognition
• Attention to Detail
• Professional Judgment

Work Context

This is a full-time position based in Al Khobar, Eastern Province, Saudi Arabia. The role requires 5-10 years of relevant experience.

About the Role

Front End Limited Company is seeking a Financial Operations Specialist to join its team in Al Khobar, Saudi Arabia. This role is fundamental to rebuilding and expanding our financial functions, with a primary focus on managing day-to-day operations related to accounts payable, payments, and financial administrative workloads. The goal is to ensure vendors are processed and paid accurately and on time, in full compliance with Saudi regulatory requirements, to maintain continuous and disciplined financial operations, and to enable the Financial Controller to focus on accounting, controls, and reporting.

Key Tasks and Responsibilities

• Receive, verify, and classify vendor invoices, including general ledger accounts, cost centers, and project/work breakdown structures (WBS), and process them within Front End's Enterprise Resource Planning (ERP) system.
• Perform three-way matching of invoices against purchase orders and goods received notes, investigating and resolving any discrepancies in pricing, quantities, or taxes.
• Verify that vendor tax invoices comply with the Zakat, Tax and Customs Authority (ZATCA) e-invoicing requirements and VAT coordination, ensuring all necessary fields are present in Arabic, tax registration numbers, QR codes, and required invoice elements before posting.
• Manage the invoice approval workflow and maintain an up-to-date accounts payable inbox, aging reports, and accruals.
• Prepare local and international (multi-currency) payments for review and approval, including payments for imported marine and heavy equipment.
• Process payments through Saudi bank portals and provide support for Wage Protection System (WPS) payments via the Mudad/Bank platform as needed.
• Adhere to segregation of duties by preparing payments for approval and never self-approving, and implementing independent verification for any changes to vendor banking details.
• Maintain accurate vendor master data and onboard new vendors by collecting valid Commercial Registration (CR), VAT certificate, bank letter, and other required documentation.
• Reconcile vendor statements, professionally manage vendor inquiries, and support vendor onboarding on customer/agent procurement portals such as Aramco, SABIC, and the Public Investment Fund (PIF).
• Track import documentation and customs clearance papers for capital asset and heavy equipment purchases, coordinating closely with the logistics team and Financial Controller.
• Maintain complete and audit-ready records to support VAT returns, ZATCA filings, Withholding Tax (WHT) deductions on cross-border payments, and the annual Zakat/Corporate Income Tax return.
• Assist the Financial Controller in preparing data for submission and reconciliation with government portals including ZATCA, the General Organization for Social Insurance (GOSI), and the Qiwa and Mudad platforms.
• Assist in ensuring invoices, contracts, and payments comply with internal controls and anti-bribery/corruption standards expected by Front End and its Tier 1 clients.
• Manage employee expense claims, petty cash, and maintain organized filing and document control in both Arabic and English.
• Support the accounts payable month-end close, prepare accrual schedules, and perform account reconciliations.
• Provide additional support to the Financial Controller and the broader finance function as needed.

Qualifications and Requirements

• Bachelor's degree in Accounting, Finance, or a related field.
• 2 to 5 years of experience in accounts payable or financial operations, preferably within the engineering, energy, industrial, contracting, or heavy asset-intensive sectors in Saudi Arabia.
• Hands-on experience with Oracle NetSuite is highly preferred; experience with a similar ERP system will be considered.
• Practical and up-to-date knowledge of Saudi VAT requirements and ZATCA e-invoicing.
• Exposure to Zakat/WHT, GOSI, and WPS is a strong advantage.
• Proficiency in both Arabic and English is required, with Arabic being essential for ZATCA-compliant invoices and interactions with government portals.
• Progress towards a professional qualification such as SOCPA, ACCA, CMA, or equivalent is a positive addition and will be supported by the company.
• Familiarity with the Saudi regulatory framework, including current VAT rates, correct treatment of supplies, input and output VAT, ZATCA e-invoicing (Phase 1 & 2 integration), Zakat (* for Saudi/GCC ownership) and Corporate Income Tax (20% on foreign-owned share), WHT rates and exemptions, GOSI contributions, and labor/employment platforms like Qiwa, Mudad, and Saudization/Nitaqat obligations.
• Knowledge of corporate and banking requirements, including Commercial Registration (CR), Chamber of Commerce, Know Your Customer (KYC) documentation for vendors, and Saudi banking payment portals.

Required Skills

• High accuracy and strong attention to detail.
• Discipline in processes.
• Strong Excel skills.
• Comfortable with digital finance tools and government portals.
• Understanding of internal controls and segregation of duties.
• Knowledge of fraud prevention basics.
• Organizational skills.
• Initiative and a proactive approach.
• Reliability, especially under month-end pressure and deadlines.
• Professional communication skills with vendors, banks, and internal stakeholders.
• High integrity.

Additional Information

This is a full-time position based in Al Khobar, Eastern Province, Saudi Arabia.

Join Our Team as a Finance Analyst!

Are you passionate about financial analysis and planning? KiCE Construction Equipment, a leading dealer and manufacturer of advanced construction equipment in Saudi Arabia, is looking for a dedicated Finance Analyst to join our expanding team in Al Khobar. We are known for representing internationally renowned brands and providing high-quality solutions tailored to the construction industry.

Role Responsibilities:

• Conduct financial analysis and planning to support strategic decision-making.
• Prepare financial statements and assist in financial reporting ensuring compliance and accuracy.
• Perform data analysis and budget planning to help improve financial performance.
• Provide actionable insights to enhance the financial health and stability of the organization.

Qualifications:

• Must be a Saudi national.
• Strong expertise in Financial Planning and Finance principles.
• Proficient in reviewing and analyzing Financial Statements.
• Excellent analytical skills with attention to detail.
• Experience in Financial Reporting is highly desired.
• Strong proficiency in Excel and financial modeling tools.
• Bachelor's degree in Finance, Accounting, Economics, or a related field.

Join us at KiCE Construction Equipment and contribute to our commitment to delivering superior products and services through innovative solutions and a customer-focused approach.