Financial Manager📣 Job Ad

Technical Skills (Specialized)

1. Budget Management and Financial Analysis

   • Preparing budgets and financial reports.

   • Analyzing financial performance and identifying strengths and weaknesses.

2. Accounting and Financial Statements Preparation

   • Thorough knowledge of International Financial Reporting Standards (IFRS).

   • Supervising financial statements with accuracy and transparency.

3. Cash Flow and Liquidity Management

   • Ensuring liquidity is available for daily business operations.

   • Effectively managing working capital.

4. Financial and Strategic Planning

   • Developing long-term financial plans.

   • Linking financial goals with the operational goals of the company.

5. Taxes, Zakat, and Regulatory Obligations

   • Understanding Zakat and tax systems in Saudi Arabia (such as Value Added Tax).

   • Ensuring compliance with the instructions of the Zakat, Tax, and Customs Authority.

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Job Announcement: Financial Manager – Supervision Project
We are looking for a financial manager to lead governance and financial control for the supervision project of off-plan sales projects, with full commitment to accounting, tax standards, and regulatory requirements.

Responsibilities:

• Review the interim budget and spending plan and link it to achievement rates.
• Review cash flows (weekly/monthly) and liquidity forecasts.
• Review contractors' and suppliers' statements and payments and link them to quantities and accomplishments.
• Review the integrity of escrow accounts (if any) according to regulatory requirements.
• Review monthly closures and executive reports and align them with project/PMO progress.
• Review claims and changes (VOs/Variations) from a financial and contractual perspective.
• Improve the follow-up mechanism and build simplified executive performance reports/dashboards for quick decision-making.
• Review and develop financial models and procedures and the approval process to ensure compliance and efficiency.
• Review compliance with IFRS and zakat/tax/e-invoicing and fulfilling auditors' requirements.

Requirements:

• Bachelor's degree in Finance/Accounting (MBA preferred), 15 years of experience (5+ of which in construction/real estate/supervision projects).
• Experience in real estate development is preferred, as well as off-plan sales projects.
• Preferred professional certification (SOCPA/CPA/CMA).
• Proficiency in ERP and advanced Excel and Power BI, excellent Arabic, good English.
• Direct experience with escrow accounts and interim disbursement according to regulatory requirements.
• Cost control and linking EVM/SPI/CPI to financial reports.
• Previous experience in developing models and procedures (SOPs/RACI) and redesigning processes to improve the speed and reliability of reports.
• Previous dealings with guarantees/letters of credit and improving financing costs.

Join Noon Academy as a Financial Analysis Specialist!
At Noon Academy, we are reshaping the education landscape in Saudi Arabia. Our mission is to provide equitable access to world-class education, transforming the way learning is perceived and delivered.

About the Role:
We are looking for a Financial Analysis Specialist to support our CFO in various financial initiatives, including fundraising and preparing for an IPO. Your role will involve:

• Developing and maintaining long-term financial models aligned with strategic goals.
• Conducting valuations and sensitivity analysis of key business lines.
• Analysing variances between actuals, budgets, and forecasts.
• Preparing and presenting financial reports including KPIs and variance analysis.
• Building dashboards and reports for management and investors.
• Managing investor relations and preparing pitchbooks.

What We're Looking For:
The ideal candidate should have:

• 2+ years of experience in Investment Banking, Management Consulting, or Valuation services.
• Advanced Excel model-building expertise and experience with large datasets.
• Proficiency in PowerPoint for dynamic presentations.
• Strong analytical, communication, and interpersonal skills.
• Fluency in English; Arabic is a plus.

Benefits:
In addition to a competitive salary, we offer:

• 21 days annual leave.
• Full premium medical coverage for you and your family.

If you are ready to be a part of a forward-thinking team and contribute to a meaningful mission, apply now!