Head of Financial Accounting📣 Job Ad

About the Role

The Management Recruitment Group (MRG) is supporting a leading Saudi real estate development and investment organization in Riyadh, Saudi Arabia, with the appointment of a Head of Financial Accounting. This is a full-time senior finance leadership position responsible for the overall financial management, planning, reporting, treasury, and regulatory compliance of the organization and its subsidiaries. The role requires 5-10 years of relevant experience and offers a competitive salary commensurate with qualifications.

Role Context and Strategic Impact

Reporting directly to the CFO & VP Support Services, the Head of Financial Accounting will lead the Finance & Accounting function and act as a key business partner to executive leadership. This position provides financial insight to support investment, development, and commercial decision-making. The role also involves providing strategic and operational leadership across financial planning and analysis, accounting, tax, and treasury, while overseeing the preparation of financial statements and consolidated reporting, leading budgeting and forecasting, and managing treasury and cash flow planning.

Key Responsibilities

• Lead the Finance & Accounting function across FP&A, accounting operations, tax, and treasury.
• Develop and manage annual business plans, departmental budgets, and financial forecasts.
• Oversee monthly, quarterly, and annual financial reporting, including consolidated reporting across subsidiaries.
• Ensure compliance with IFRS, Saudi GAAP, VAT, Zakat, WHT, and ZATCA requirements.
• Lead statutory audits and manage relationships with external auditors, banks, tax advisers, and other financial stakeholders.
• Manage treasury operations, cash flow forecasting, banking relationships, and credit facilities.
• Provide financial analysis to support property acquisitions, development feasibility, lease pricing, and capital allocation decisions.
• Monitor financial performance, investment returns, risk exposure, and cost management across the organization.
• Provide executive-level financial reporting and present forecasts, performance, and strategic analysis to senior leadership and the Board.
• Partner with department heads to strengthen budgeting, cost control, and overall financial performance.
• Drive finance transformation through automation, Power BI reporting, Yardi, and AI-assisted financial tools.
• Lead, coach, and develop the Finance & Accounting team, establishing clear performance measures and succession plans.
• Maintain robust financial governance, controls, and continuous audit readiness.

Required Qualifications and Experience

• Demonstrable experience (5-10 years) within real estate, property management, development, or a closely related sector.
• Strong knowledge of IFRS, Saudi GAAP, VAT, Zakat, and WHT regulations.
• Proven experience managing statutory audits and external auditor relationships.
• Strong financial planning, budgeting, forecasting, and financial modelling capability.
• Experience in treasury management, cash flow planning, and capital investment analysis.

Technical Skills and Leadership

• Ability to provide commercially focused financial insight to senior executives and business leaders.
• Strong leadership skills with experience developing high-performing finance teams.
• Experience driving finance process improvement, automation, and digital transformation.
• Strong working knowledge of Yardi, alongside advanced capability in Power BI, Microsoft Excel, and financial modelling.
• Experience using automation and AI-assisted finance tools to improve forecasting, reporting, anomaly detection, and management insight is advantageous.

Work Environment and Compensation

This is a full-time position based in Riyadh, Saudi Arabia. The role offers a competitive salary that will be commensurate with the candidate's experience and qualifications.