Head- Finance Operations & Budget📣 Job Ad
| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Riyadh |
About the Role
Aventus is seeking a Head of Finance Operations & Budget to join their financial institution in Riyadh, Saudi Arabia. This is a key role reporting to the CFO, responsible for overseeing budgeting and finance operations. The position requires a strategic leader to shape financial strategy and operational efficiency across the organization. This role offers an opportunity to lead a significant function within a dynamic financial institution, driving financial planning, operational excellence, and fostering financial partnership. The ideal candidate will have a strong background in financial planning and analysis (FP&A) and operational finance within the banking sector.
Key Responsibilities
- Lead the institution's annual financial planning cycle, including setting budget drivers, stress-testing assumptions, and providing regular forecasting and variance commentary to leadership.
- Serve as the primary source for internal management information, delivering granular performance insights at product, customer, and entity levels to support ALCO, pricing decisions, and strategic planning.
- Oversee transactional finance functions, including invoice processing, supplier settlements, period-end close procedures, balance sheet reconciliations, and regulatory payments.
- Act as the subject matter expert for SAMA and ZATCA compliance, ensuring finance operations meet all regulatory expectations.
- Manage the ERP environment, leading system enhancements, module rollouts, and driving the transition towards an automated and analytics-driven finance function.
- Collaborate with business and product teams to financially evaluate new initiatives, assess operating models, and translate strategic objectives into measurable financial outcomes.
- Build and develop a high-performing team, shifting the function's culture towards financial partnership and strategic advisory.
Qualifications and Requirements
- A minimum of 10 years of progressive finance experience in the banking sector, with a proven track record in both FP&A and operational finance.
- Solid understanding of management accounting, cost allocation, and revenue assurance principles within a banking context.
- Practical experience in managing or significantly contributing to an ERP implementation or optimization program.
- Demonstrated ability to operate effectively at a senior stakeholder level, with the capacity to translate complex financial data into clear business narratives.
- Exposure to finance digitalization or automation projects is considered an advantage.
- A degree in Finance, Accounting, or a related discipline is required. A professional qualification such as ACCA, CPA, CMA, or equivalent is highly desirable.
Required Skills
- Financial Planning and Forecasting
- Variance Analysis
- Management Information Systems
- Transactional Finance
- Invoice Processing
- Period-end Close Procedures
- Balance Sheet Reconciliation
- Regulatory Payments
- SAMA Compliance
- ZATCA Compliance
- ERP Systems Management and Optimization
- Financial Analysis
- Team Leadership and Development
- Financial Partnership
- Management Accounting
- Cost Allocation
- Revenue Assurance
- ERP Implementation
- Stakeholder Management
- Business Narrative Development
- Finance Digitalization and Automation
Work Environment and Additional Information
This is a full-time position based in Riyadh, Saudi Arabia. Due to nationalization efforts, this role is exclusively open to KSA Nationals.
Requirements
- For Saudis Only
- Requires +10 Years experience
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