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Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationRiyadh
Job Title: Finance Manager – Supermarket Business

Role Purpose: To own end-to-end financial accounting, statutory reporting, direct and indirect tax compliance, and revenue-to-cash integrity for the supermarket business, ensuring accurate books, regulatory compliance, strong internal controls, and audit readiness.

Key Responsibilities:
  • Record-to-Report (R2R): Lead monthly, quarterly, and annual financial close including GL, accruals, provisions, and prepayments. Ensure accurate and timely revenue recognition for POS-driven retail sales. Maintain balance sheet integrity including cash and bank reconciliations, inventory valuation, shrinkage and provisions, and prepare monthly management accounts.
  • Cash-to-Customer (C2C): Oversee daily sales posting from POS systems to ERP, ensuring reconciliation between ERP sales data and ZATCA portal. Strengthen controls to minimize revenue leakage and reconciliation gaps.
  • Taxation & Statutory Compliance: Ensure full compliance with ZATCA requirements, including VAT, WHT, and corporate income tax. Track changes in tax laws and assess their impact on financial reporting.

Key Skills & Competencies: Strong knowledge of IFRS and retail accounting, hands-on experience in POS-driven retail environments, strong reconciliation, analytical, and problem-solving skills.

Qualifications & Experience: Chartered Accountant / CPA / ACCA or equivalent qualification preferred; 6–10+ years in retail / supermarket / FMCG finance; prior experience in KSA (preferred).

Requirements

  • Requires 2-5 Years experience

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Role Overview
Our confidential client, an IT company, is seeking a Finance Manager to lead financial operations, reporting, budgeting, and business partnering. This role has a strong commercial focus, supporting pricing models and bid financials to enable profitable growth.

Key Responsibilities
  • Own month-end close, management reporting, and financial statements with high accuracy and on-time delivery.
  • Lead budgeting, forecasting, and variance analysis; provide clear insights to leadership.
  • Build and review pricing models for IT services/solutions including costing, margins, rate cards, and profitability.
  • Support proposals and tenders: financial assumptions, bid pricing, commercials, and approvals.
  • Manage cash flow planning, working capital, and vendor payment controls.
  • Ensure strong financial controls, documentation, and audit readiness; improve SOPs as needed.
  • Partner with sales and delivery teams to track project financials, utilization, and contract performance.
  • Support tax, VAT, and WHT coordination and compliance documentation as applicable.

Qualifications
  • Bachelor’s degree in Finance, Accounting, or related field.
  • Minimum 8 years of experience, with 3–5 years in a Finance Manager role (IT industry experience required).
  • Strong knowledge of budgeting, forecasting, financial reporting, and internal controls.
  • Hands-on capability in pricing, costing, and proposals/commercial evaluation.
  • Proficiency in Excel and financial systems or ERP; strong analytical skills.
  • Strong communication and stakeholder management; confidentiality and attention to detail.
  • English required; Arabic preferred.

Preferred / Nice-to-have
  • Professional certification (SOCPA / CPA / ACCA / CMA) is a plus.
  • Experience with project-based accounting for IT services.
  • Exposure to bid management and revenue recognition concepts.
  • Experience enhancing finance policies/SOPs and automating reporting.

Success Metrics
  • Accurate and on-time month-end close and management reporting.
  • Budget/forecast accuracy with clear variance insights for decision-making.
  • Improved proposal turnaround time with disciplined pricing and margin protection.
  • Healthy cash flow and improved working capital discipline.
  • Stronger controls, documentation quality, and audit readiness.

What We Offer
  • High-impact role with strong exposure to commercial decisions and leadership.
  • Professional environment with growth opportunities in the IT sector.

breifcase2-5 years

locationRiyadh

20 days ago