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SalarySalarySR 16,000 / Month
Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationRiyadh
Join Al Ghurair as a Financial Manager!
Al Ghurair, a leading diversified family business group in the Middle East, is seeking a talented Financial Manager to lead the financial management of our business unit. This is a fantastic opportunity to join a well-established company with over 60 years of history in innovation and entrepreneurship.

Responsibilities:
  • Strategic:
    • Prepare and submit monthly trial balances, profit and loss statements, and cash flow reports.
    • Conduct variance analysis and provide insights to senior management.
    • Develop financial models for pricing, promotions, and expansions.
    • Monitor annual budgets and cost control strategies.
    • Analyze profit margins to improve profitability.
    • Ensure accurate invoicing and credit control.
    • Lead external and internal audits.
    • Ensure tax and financial reporting compliance.
  • Operational:
    • Perform timely and accurate monthly closing of accounts.
    • Enhance ERP systems and automate processes.
    • Support treasury working capital management.
    • Collaborate with tax partners for compliance.
  • People Management:
    • Lead and mentor the accounting teams.
    • Conduct regular training on financial policies.
    • Align financial activities with business strategy.

Qualifications:
Bachelor’s degree in Finance or an MBA. At least 7 years of experience, preferably within the automotive industry. Strong knowledge of IFRS and ERP systems. Excellent communication and leadership skills.

If you are passionate about finance and looking to make an impact in a respected organization, we invite you to apply for this exciting role.

Requirements

  • Requires 2-5 Years experience

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This role is responsible for overseeing end-to-end finance operations, ensuring strong financial control, compliance, and alignment with the company’s business objectives. Key responsibilities include managing cash flow and liquidity, credit risk, costing accuracy, fixed assets, and daily sales outstanding, while driving process improvements—especially in accounts payable and payments.

Key Responsibilities
  • Oversee the daily Finance operations, ensuring alignment with Company's objectives, policies and budgets
  • Ensure targeted daily sales outstanding is met
  • Perform credit risk analysis on customers
  • Ensure compliance with financial policies and procedures across operations
  • Lead initiatives to optimize financial processes esp. on AP and Payment
  • Manage cashflow, ensuring enough liquidity to meet the operation needs while managing financial and interest risks
  • Oversee costing function to ensure accuracy in reports, delta costs are promptly cleared and analyse unusual CM
  • Partner with other departments to develop financial strategies that align with overall business goals
  • Identify financial risks associated with operational functions and mitigate them
  • Manage and maintain the fixed asset register, ensure addition capex has been properly approved
  • Lead the preparation, monitoring and management of annual budgets, ensuring alignment with business objectives
  • Monitor actual expenditures against approved budgets, including detailed tracking of project/CAPEX costs and analysis of variances
  • Prepare actual monthly financial reports, including forecasts and variance analysis comparing actual results against budgeted figures
  • Review and submit quarterly VAT to ensure VAT submissions in compliance with regulatory requirements
  • Oversee annual tax compliance activities, ensuring timely and accurate filings in accordance with ZATCA laws and regulations
  • Liaise with external auditors, tax agents, banks
  • Other ad-hoc projects

Key Requirements
  • Minimum 5 years of finance or accounting experience, with at least 3 years in operational finance role
  • Experience in leading team of at least 5 staff
  • Proficiency in SAP and advanced Excel skills preferred
  • Strong understanding of financial controls, compliance and risk management
  • Excellent analytical, problem-solving and communication skills
  • Able to collaborate effectively with different departments
  • Hands-on to lead by example or coach the team
  • Able to manage multiple priorities and meet deadlines

Education
Bachelors in Accounting or Business Administration

breifcase2-5 years

locationRiyadh

about 19 hours ago