Financial Manager📣 Job Ad

Join our team as a Finance Manager!

Premium Solutions Consultancy, a respected recruitment agency, is seeking a Finance Manager on behalf of a reputable client in Saudi Arabia. We are looking for a dynamic and experienced professional to enhance operational efficiency and lead financial strategies.

Key Responsibilities:

• Manage all accounting and financial tasks, ensuring compliance with financial regulations.
• Develop financial strategies aligned with company goals.
• Prepare budgets and lead the annual budgeting process.
• Establish regular forecasting for data-driven decision-making.
• Ensure timely and accurate financial reporting, including quarterly statements.
• Manage financial risks and optimize capital structure.
• Secure financing for strategic initiatives.
• Monitor financial performance against KPIs and provide insights to executives.
• Build strong relationships with banks and regulators.

Requirements:

• Bachelor’s degree in Accounting or Finance.
• 5–7 years of relevant experience.
• Strong knowledge of Saudi financial regulations.
• Leadership and communication skills.
• Proficiency in Arabic and English.

Job Summary
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

About the Role:
An opportunity has arisen for a Finance Manager to join Jumeirah Jabal Omar. This role is crucial in managing the financial operations of the property, ensuring compliance with Jumeirah standards while driving business performance.

Main Responsibilities:

• Oversee all financial management aspects, including accounting policies, procurement practices, and financial statement preparation.
• Lead the budget and forecasting process to achieve approved targets.
• Enhance Finance team performance and develop talent for succession planning.
• Deliver accurate business forecasting to optimize resource allocation.
• Provide value-added reporting for operational improvements.
• Coordinate all audit visits, ensuring proactive follow-up on audit issues.
• Maintain strong relationships with apartment owners to align objectives and facilitate approvals.

About You:
The ideal candidate will possess:

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

Benefits:
We offer an attractive salary paid in Saudi Riyals (SAR), generous F&B benefits, reduced hotel rates globally, excellent leave and health care packages, flights home, and other benefits appealing to high performers seeking a career with a luxury brand.