Director Finance📣 Job Ad

About the Opportunity

Red Sea Global is seeking a Director - Finance to lead the VRS Finance function within VRS’ Shared Services. This full-time position, based in Riyadh, is crucial for ensuring sound financial management, regulatory compliance, and strategic financial support to optimize organizational performance aligned with Visit Red Sea’s long-term goals.

Role Context and Impact

DMC, a subsidiary of Red Sea Global (RSG), operates as a destination management company, leveraging expertise and resources to design and implement hotel accommodations, transportation, itineraries, activities, and logistics for RSG destinations. DMC serves B2B and B2C customers by providing an authentic, unique, and effective end-to-end planning and booking solution. The Finance Director will oversee all financial operations for VRS Shared Services, including Accounting, Budgeting & Forecasting, and Financial Reporting, acting as a trusted financial advisor to senior leadership and division heads.

Key Responsibilities

• Provide strategic financial direction and insights to senior leadership and the VRS Shared Services team, aligning financial planning with organizational goals.
• Oversee all accounting operations, ensuring accuracy, integrity, and compliance with applicable regulations and standards, including timely month-end and year-end close processes.
• Maintain internal controls and ensure adherence to financial policies and procedures.
• Lead the annual budgeting process across VRS Shared Services departments, developing and managing rolling forecasts, variance analyses, and financial models.
• Partner with department heads to monitor budget performance and recommend corrective actions.
• Oversee the preparation and delivery of accurate and timely financial reports for internal and external stakeholders, ensuring compliance with statutory and regulatory requirements.
• Present financial results, key metrics, and recommendations to senior management.
• Lead, mentor, and develop the VRS Finance team, including Accounting, Budgeting & Forecasting, and Financial Reporting sections, fostering a high-performance, collaborative finance culture.

Qualifications and Experience

• Minimum of 10 years of progressive finance experience.
• At least 5 years in a senior finance leadership role.
• Proven experience in a shared services, hospitality, tourism, or government-related environment is an advantage.
• Strong background in financial planning, accounting, and reporting within large-scale organizations.

Required Attributes

The ideal candidate will demonstrate the ability to work effectively in a dynamic, fast-paced environment, aligning financial strategies and operations with Saudi Vision 2030 objectives.

Application

We invite qualified candidates to apply for this full-time position in Riyadh.