Financial Operations Manager📣 Job Ad

About the Role

REEF Group is seeking an experienced Financial Operations Manager to oversee the company's daily financial operations in Riyadh, Saudi Arabia. This full-time role is critical for ensuring the accuracy and integrity of financial records and compliance with approved financial policies, procedures, and accounting standards. The manager will support financial control, operational efficiency, and informed decision-making across the organization.

Key Responsibilities

• Oversee the recording and processing of all daily financial transactions.
• Review and approve accounting journal entries, ensuring accuracy and completeness before financial closing.
• Manage monthly, quarterly, and annual financial closing processes according to approved timelines.
• Prepare and review financial statements, including the Income Statement, Balance Sheet, and Cash Flow Statement.
• Monitor general ledger balances and ensure timely and accurate account reconciliations.
• Oversee bank reconciliations and ensure the accuracy of related financial transactions.
• Manage Accounts Receivable and Accounts Payable operations, ensuring compliance with approved procedures.
• Develop and improve accounting processes and procedures to increase efficiency and reduce operational errors.
• Ensure compliance with International Financial Reporting Standards (IFRS) and internal financial policies and procedures.
• Coordinate with internal and external auditors, providing required financial information and supporting documentation.
• Support the annual budgeting process in coordination with the Financial Planning & Analysis (FP&A) team.
• Monitor financial variances, analyze root causes, and provide recommendations for corrective actions.
• Supervise the accounting team, assign responsibilities, monitor performance, and support continuous development.
• Prepare periodic financial reports and analysis for senior management to support business decision-making.
• Ensure proper financial controls are maintained across accounting operations.
• Identify operational and financial risks within accounting processes and recommend appropriate corrective actions.
• Monitor the accuracy, completeness, and timeliness of financial data across the company's ERP and financial systems.

Qualifications and Experience

• A minimum of 5-10 years of experience in financial operations or a related field.
• Demonstrated experience in managing accounting operations, financial closing activities, reconciliations, and financial reporting.
• Proficiency in International Financial Reporting Standards (IFRS).
• Experience with ERP and financial systems.

Work Environment

This position is based in Riyadh, Saudi Arabia, and is a full-time role within REEF Group. The Financial Operations Manager will lead an accounting team and collaborate with various internal departments, including the Financial Planning & Analysis (FP&A) team, and external auditors.

Opportunity

This role offers an opportunity to contribute to the stability, accuracy, and efficiency of financial operations within a growing organization. The Financial Operations Manager will play a key role in strengthening financial controls, improving accounting processes, and supporting informed decision-making across REEF Group.