Financial Manager📣 Job Ad

Purpose of the Job:
To provide strategic leadership and management of the school’s finance function, ensuring strong financial governance, accurate reporting, compliance with regulations, and effective support for strategic decision-making. The Finance Manager is responsible for leading the finance team, maintaining robust systems and controls, and contributing to the long-term sustainability of the school.

Job Responsibilities:

• Leadership & Team Management:
  Lead, motivate, and develop the finance team (Accountant, Accounts Clerk, Procurement Officer), ensuring clarity of responsibilities and accountability.
• Financial Strategy, Planning & Analysis:
  Develop and maintain financial models that support the school’s strategy and growth plans.
• Financial Control & Reporting:
  Ensure accuracy, timeliness, and transparency of financial information, including monthly management accounts and variance analysis.
• Governance, Compliance & Risk Management:
  Ensure compliance with Saudi financial and tax regulations.
• Revenue & Collections:
  Oversee billing and collection of tuition fees and other income streams.
• Procurement & Expenditure Oversight:
  Provide oversight of procurement processes and ensure alignment with budget priorities.
• Stakeholder Engagement & Collaboration:
  Work in partnership with the Head of Finance & Operations and Director on all finance-related matters.
• Systems & Process Improvement:
  Oversee the school’s finance systems, enhancing processes and automation.

Qualifications & Knowledge:
Requires a Bachelor’s degree in Accounting, a professional accounting qualification (CMA, CPA, ACCA or equivalent), and strong knowledge of Saudi finance regulations.

Experience:
A minimum of 10 years’ experience in finance, including at least 5 years in a leadership role, ideally in the education sector.

About the Job:
The Finance Manager at Al Dail will play a crucial role in collaborating with senior management to formulate effective financial strategies. This position demands a deep understanding of managing extensive data, serving as a business partner, and making informed decisions based on regular financial reporting.

Position Objective:

• Lead financial planning, budgeting, and contract management within the Operations Sector.
• Ensure effective allocation, utilization, and control of operational budgets.
• Oversee the development and execution of contracts while ensuring compliance with financial and operational policies.
• Develop and implement strategies aimed at enhancing financial efficiency and resource optimization.
• Conduct financial analysis and risk assessments to promote effective decision-making and improve performance outcomes.
• Ensure timely and accurate financial reporting and performance analysis.
• Support operational planning by fostering efficiency, transparency, and accountability in financial and contractual activities.
• Provide leadership to the Financial & Contract Management team, promoting accountability, growth, and collaboration.
• Drive continuous improvement initiatives for better financial governance and contract management.
• Review existing systems and processes to identify enhancement opportunities.

Qualifications & Experience:

• Bachelor's / Master's degree (MBA) or equivalent in a related field.
• Certification in Advanced Financial Planning and Management (CFA) or an equivalent financial certification; additional training in Contract Management, Procurement, or Risk Management is advantageous.
• A minimum of 15+ years of relevant experience, including 5-6 years in a leadership or managerial role.
• Proven experience in budgeting, financial planning, and contract management within a large or complex organization.
• Expertise in financial control, cost analysis, and budget optimization.
• Experience in vendor and contract management, encompassing drafting, evaluation, and negotiation.
• Ability to coordinate with multiple stakeholders to ensure compliance and operational efficiency.
• Strong analytical, organizational, and problem-solving capabilities.
• Proficiency in financial management systems and Microsoft Office Suite (Excel, PowerPoint, Word).
• Bilingual proficiency in English and Arabic (written and spoken) is required.

Join GRG as a Financial Consulting Specialist!
We are seeking an ideal candidate who will be responsible for collaborating with senior management to develop financial strategies that align with our organization's goals. If you are comfortable handling large amounts of data and enjoy acting as a business partner and decision maker while providing regular financial reporting, we want to hear from you!

Key Responsibilities:

• Lead financial meetings.
• Complete financial accounting and forecasting.
• Deliver reports and metrics to leadership.

Qualifications:

• Bachelor's degree or higher in Finance or related field.
• 5 to 7 years of relevant experience.
• Fluency in Microsoft Office suite (Outlook, Excel, Word, PowerPoint, etc.).
• Detail-oriented and analytical.

About GRG:
Over the past decade, GRG has grown from its roots in the GCC to become the region's largest independently-owned recruitment and executive search firm. We believe in delivering sustainable results through a human-centric approach and a skilled team.