Budget Manager Jobs in Riyadh

• Oversee all aspects of financial management including accounting policies, procurement practices, and financial reporting.
• Drive the annual budgeting and forecasting process.
• Lead the finance team to enhance performance and talent development.
• Provide accurate forecasting to maximize business performance.
• Coordinate and support internal and external audits, ensuring proactive follow-up on audit issues.
• Maintain strong relationships with owners to align business objectives.

• Bachelor’s degree in finance, Accounting, or related field (CPA/ACCA preferred).
• 5-7 years of experience in finance or accounting, ideally in hospitality.
• Strong knowledge of financial reporting, budgeting, and forecasting.
• Experience managing audits and compliance.

Join a Leader in Machinery Manufacturing!

As a Financial Manager at Zoomlion Saudi Arabia, you will play a crucial role in maintaining relationships with regional financial institutions and overseeing financial activities within the organization. This position provides a fantastic opportunity to lead and manage the financial team while contributing to the growth and development of innovative solutions in the machinery sector.

Key Responsibilities:

• Maintain regular communication and conduct annual reviews with partner financial institutions.
• Participate in regional opportunity reviews and check the progress of financing opportunities.
• Oversee the management of business submissions to ensure compliance with financial institutions' requirements.
• Track and follow up on loan disbursement documents and ensure timely collection of funds.
• Build and lead the local financing team, focusing on recruitment, training, and daily operations.

Qualifications:

• Bachelor’s degree in Economics, Finance, Accounting, Management, or related fields (Master’s or MBA preferred).
• Over 5 years of experience in financial institutions, preferably within the construction machinery industry.
• Strong communication and coordination skills.
• Fluency in Arabic and English (or Chinese) is required.
• Professional certifications such as CFA, FRM, or CPA are preferred.

Join us at Zoomlion Saudi Arabia and contribute to the Kingdom’s ambitious infrastructure and development goals outlined in Saudi Vision 2030!

• Assist clients in achieving their Capital investment targets.
• Originate and execute corporate finance transactions and manage financing funds.
• Participate in preparing financial models, investment memoranda, and transaction documentation.
• Coordinate with legal and Shariah advisors and regulators to ensure compliance.
• Conduct financial analysis, due diligence, and portfolio monitoring.
• Prepare reports and presentations for management and investors.

• Strong skills in financial modeling, valuation, and analysis.
• Understanding of CMA regulations and financing structures in Saudi Arabia.
• Knowledge of Shariah-compliant financing products.
• Excellent communication skills in Arabic and English.
• Attention to detail and ability to manage multiple transactions.

• Bachelor’s degree in finance, accounting, business, or a related field.
• Minimum 6 years of experience in corporate finance or investment banking.
• CME certification preferred.

• Financial Reporting & Close: Oversee monthly, quarterly, and annual financial statements in compliance with IFRS. Ensure timely and accurate period-end closing, including reviewing cost of sales and inventory valuation.
• Inventory & Cost Accounting Oversight: Ensure accurate accounting of raw materials, WIP, and finished goods, along with overseeing standard costing.
• Fixed Assets Management: Manage the lifecycle of fixed assets, ensuring proper valuation, depreciation methods, and timely capitalization.
• Zakat, Tax & Regulatory Compliance: Ensure compliance with Zakat, Tax, and Customs Authority regulations.
• General Ledger & Controls: Maintain the integrity of the general ledger and ensure proper reconciliation of all accounts.
• Audit & Compliance: Lead external audits, ensuring compliance with IFRS and addressing audit findings.
• Internal Controls & Governance: Establish strong financial controls across procurement, inventory, and payments.
• Working Capital & Balance Sheet Integrity: Oversee inventory, payables, receivables, and cash accounting.
• Team Leadership: Lead and develop the accounting team across Company and plant functions.
• Systems & Process Optimization: Optimize ERP usage for accounting and inventory modules.

• Bachelor’s degree in Accounting or Finance
• 10-15+ years of experience in financial accounting, preferably in manufacturing
• Strong expertise in inventory and cost accounting
• Proficient in IFRS and local regulations
• Experience with ERP systems
• Strong communication and interpersonal skills
• Leadership capabilities with detail-oriented mindset

• Preparing the annual capital business plan for housing projects.
• Overseeing cash flows throughout the project's timelines.
• Monitoring the disbursement plan for ongoing housing projects.
• Analyzing project budgets to ensure financial efficiency.

• A Bachelor's degree in Accounting or a related field.
• At least 8 years of experience in a similar role.
• Strong communication and interpersonal skills.

• Financial Planning & Forecasting: Lead annual budgeting, quarterly forecasting, and long-term planning; develop production-linked financial forecasts.
• Costing & Manufacturing Analysis: Maintain product costing models and analyze cost drivers.
• Cost Control & Budget Governance: Review Purchase Requisitions and Orders against budgets and monitor budget utilization.
• Operational Performance Support: Track and analyze KPIs and support efficiency improvement initiatives.
• Reporting & Insights: Prepare monthly management reports focused on operational performance.
• Working Capital & Inventory Analysis: Monitor inventory levels and assess financial impact.
• Continuous Improvement: Enhance planning, costing, and reporting tools within ERP.

• Bachelor’s degree in Finance or Accounting.
• 4–6+ years in FP&A or cost analysis within manufacturing.
• Strong experience in costing, budgeting, and financial controls.
• Advanced Excel and financial modeling skills.