Finance Manager

About the Role

Ultimate Peaks Talent & Strategy is seeking an experienced Finance Manager to lead finance and accounting operations in KSA. This full-time role, based in Riyadh, Saudi Arabia, involves ensuring accurate reporting, compliance, budgeting, treasury management, and comprehensive business support.

Key Responsibilities

• Prepare and review monthly, quarterly, and annual financial statements, ensuring accurate and timely reporting in accordance with applicable accounting standards.
• Finalize and submit monthly financial reports within 15 working days following month-end.
• Monitor financial performance, provide variance analysis against budgets and forecasts, and develop management reports and dashboards to support decision-making.
• Maintain a fully reconciled trial balance, ensuring all balance sheet and profit and loss accounts are supported by accurate reconciliations and detailed breakdowns.
• Oversee general ledger activities, reconciliations, and month-end/year-end closing processes.
• Reconcile intercompany accounts and confirm balances before monthly P&L reporting, adding clear and accurate comments to the P&L.
• Ensure monthly revenue is fully reconciled with operational and business transaction data prior to reporting, investigating and resolving all variances.
• Lead the annual budgeting process across departments, monitor budget utilization, and recommend corrective actions.
• Perform detailed monthly variance analysis for significant budget versus actual deviations, identifying root causes and recommending corrective actions.
• Monitor cash flow requirements and liquidity position, manage banking relationships, and optimize working capital.
• Ensure compliance with financial regulations, tax laws, and company policies, coordinating external audits and supporting internal audit activities.
• Maintain strong internal controls and risk management practices, including accurate monthly cash account reconciliations and physical cash/inventory counts.
• Conduct profitability and cost analysis, support strategic initiatives with financial modeling, and evaluate investment opportunities.

Qualifications and Experience

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 7-10 years of progressive experience in finance and accounting roles.
• At least 3-5 years of relevant experience in a managerial capacity.
• Proven experience in managing finance operations within a high-volume transaction environment.
• Experience in revenue reconciliation between financial systems and operational systems is highly preferred.
• Professional accounting or finance certification is preferred.

Work Environment

This is a full-time position based in Riyadh, Riyadh, Saudi Arabia, within a dynamic talent and strategy firm.