Head- Finance Operations & Budget📣 Job Ad

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.