Finance Jobs in Saudi Arabia

• Develop financial strategies and manage company budgets and forecasts.
• Monitor cash flow and financial performance.
• Prepare monthly, quarterly, and annual financial reports.
• Ensure compliance with IFRS, tax, and Zakat regulations in Saudi Arabia.
• Manage relationships with banks, auditors, and financial institutions.
• Lead and develop the finance team.

• Bachelor’s degree in Accounting or Finance (Master’s preferred).
• Professional certification such as CPA, SOCPA, CMA, or CFA preferred.
• Minimum 10 years of experience, including leadership of a finance department.
• Strong knowledge of IFRS and financial regulations in KSA.
• Proficiency in English and Arabic.

• Manage all accounting and financial tasks, ensuring compliance with financial regulations.
• Develop financial strategies aligned with company goals.
• Prepare budgets and lead the annual budgeting process.
• Establish regular forecasting for data-driven decision-making.
• Ensure timely and accurate financial reporting, including quarterly statements.
• Manage financial risks and optimize capital structure.
• Secure financing for strategic initiatives.
• Monitor financial performance against KPIs and provide insights to executives.
• Build strong relationships with banks and regulators.

• Bachelor’s degree in Accounting or Finance.
• 5–7 years of relevant experience.
• Strong knowledge of Saudi financial regulations.
• Leadership and communication skills.
• Proficiency in Arabic and English.

• Oversee the daily Finance operations, ensuring alignment with Company's objectives, policies and budgets
• Ensure targeted daily sales outstanding is met
• Perform credit risk analysis on customers
• Ensure compliance with financial policies and procedures across operations
• Lead initiatives to optimize financial processes esp. on AP and Payment
• Manage cashflow, ensuring enough liquidity to meet the operation needs while managing financial and interest risks
• Oversee costing function to ensure accuracy in reports, delta costs are promptly cleared and analyse unusual CM
• Partner with other departments to develop financial strategies that align with overall business goals
• Identify financial risks associated with operational functions and mitigate them
• Manage and maintain the fixed asset register, ensure addition capex has been properly approved
• Lead the preparation, monitoring and management of annual budgets, ensuring alignment with business objectives
• Monitor actual expenditures against approved budgets, including detailed tracking of project/CAPEX costs and analysis of variances
• Prepare actual monthly financial reports, including forecasts and variance analysis comparing actual results against budgeted figures
• Review and submit quarterly VAT to ensure VAT submissions in compliance with regulatory requirements
• Oversee annual tax compliance activities, ensuring timely and accurate filings in accordance with ZATCA laws and regulations
• Liaise with external auditors, tax agents, banks
• Other ad-hoc projects

• Minimum 5 years of finance or accounting experience, with at least 3 years in operational finance role
• Experience in leading team of at least 5 staff
• Proficiency in SAP and advanced Excel skills preferred
• Strong understanding of financial controls, compliance and risk management
• Excellent analytical, problem-solving and communication skills
• Able to collaborate effectively with different departments
• Hands-on to lead by example or coach the team
• Able to manage multiple priorities and meet deadlines

• Oversee all financial management aspects, including accounting policies, procurement practices, and financial statement preparation.
• Lead the budget and forecasting process to achieve approved targets.
• Enhance Finance team performance and develop talent for succession planning.
• Deliver accurate business forecasting to optimize resource allocation.
• Provide value-added reporting for operational improvements.
• Coordinate all audit visits, ensuring proactive follow-up on audit issues.
• Maintain strong relationships with apartment owners to align objectives and facilitate approvals.

• Bachelor’s degree in Finance, Accounting, or related field (CPA/ACCA preferred).
• 5-7 years of experience in finance or accounting, preferably in hospitality.
• Strong knowledge of financial reporting, budgeting, and cost control.
• Experience in audits, compliance, and statutory requirements.

• Oversee daily finance operations in KSA
• Prepare and review monthly and quarterly financial statements
• Manage budgeting, forecasting, and cash flow
• Handle VAT and compliance with ZATCA
• Support statutory audits
• Generate MIS reports and variance analysis
• Maintain and enhance financial controls
• Provide financial insights to senior management
• Mentor junior accounting staff

• Searching for new suppliers, assessing them periodically, and building long-term strategic relationships.
• Negotiating prices, payment terms, and delivery schedules to achieve maximum possible savings without compromising quality.
• Preparing purchase orders and following up on supply until shipments reach the warehouses.
• Monitoring global and local price trends to anticipate any changes that may affect production costs.
• Coordinating with relevant departments to ensure that received materials match the required technical specifications.
• Preparing periodic reports on purchases, costs, and the financial savings achieved.
• The ability to persuade and achieve results.
• Quickly addressing delays in supply or stock shortages.
• Reviewing contracts and quantities with meticulous precision.
• Proficient in working with ERP systems (such as SAP, Oracle, or Odoo).
• Advanced skills in Excel for data and price analysis.
• Strong knowledge of supply chains and commercial laws and customs.

Exceptional Leadership Opportunity – Finance Manager

MAYAM Aesthetics, a leading brand in the cosmetic medicine sector in Riyadh, is looking for a distinguished Finance Manager with strong experience to lead the finance department and support growth and expansion plans.

We are looking for a leadership personality capable of managing the financial system with high efficiency and providing analytical insights that support strategic decisions for senior management.

Basic Requirements:

• At least 5 years of experience in financial management and accounting.

• Preferably with experience in the medical sector or medical clinics.

• Full familiarity with all aspects of accounting and financial management.

• Preparation of monthly and annual financial reports and performance analysis.

• Preparation of financial forecasts and financial planning and supporting growth strategies.

• Experience in Value Added Tax (VAT) and tax compliance in the Kingdom.

• Strong skills in financial analysis and budgeting and cash flow management.

• High ability to work directly with executive management and provide strategic reports.

Benefits:

• Competitive salary and attractive benefits package.

• Opportunity to work within a luxury medical brand in the expansion phase.

• Professional environment and exceptional career growth opportunities.

📍 Location: Riyadh

We welcome ambitious talents who seek to participate in building a strong financial system within a leading institution.

• Preparation of benchmarking and cost analysis
• Cost planning/estimating/budgeting/reviews and reporting
• ROM estimate (Rough of Order of Magnitude)
• Master Planning
• Cost planning during all RIBA Stages (Feasibility, Pre-Concept Design, Concept Design, Schematic Design/Spatial Coordination, Detail Detailed Design/Technical Design)
• AACE Estimate classification (Class 5 to Class 1)
• Tender review and analysis
• Value management
• Cost optimization
• Tender Price Index and economic indices
• Superuser cost database population and quality data assurance
• Cost reporting and forecasting

• Bachelor's Degree in Quantity Surveying or a related field
• Typically +12 years of cost management experience within a large developer or international engineering and consulting firm
• Comprehensive knowledge of industry business practices in cost management
• Strong written and oral communication skills
• Excellent interpersonal skills and a working knowledge of PC software packages typically associated with cost management
• Extensive experience in pre-contract preparation of cost plans at all RIBA stages
• Advanced Excel skills

• Well-rounded quantity surveying competency with experience from inception to completion in the Middle East and KSA
• Delivery of pre-contract and post-contract services across multiple sectors and assets
• Proficiency in Power BI and CostX or equivalent

Cost accountant required with experience in preparing and analyzing financial reports and accurately calculating production and service costs. The suitable candidate must be able to monitor budgets, track expenses, and prepare periodic reports for senior management. The position requires proficiency in accounting and Excel programs and a degree in accounting or finance, along with the ability to work within a team and meet deadlines.

Main tasks

• Managing daily accounts and accurately recording financial entries
• Preparing monthly and annual financial reports
• Monitoring revenues and expenses and analyzing costs
• Managing advances, cash, and bank reconciliation
• Preparing payroll and following up on entitlements
• Dealing with invoices, suppliers, and clients
• Supervising zakat and taxes and submitting declarations on time
• Providing periodic reports to management to support decision-making
Handling the accounting system, entering products, and monitoring inventory

Qualifications and requirements:
• Bachelor's degree in Accounting or a related field
• At least 10 years of experience (preferably in events or retail)
• Proficiency in accounting software and Excel
• High accuracy in work and ability to organize
• Ability to handle work pressure, especially during event seasons
• Excellent communication skills and a team spirit

• Required Qualifications:
• A university degree in accounting or financial management.
• Experience of no less than five years in the non-profit sector.
• Sufficient relevant training courses.
• Strong skills in using Microsoft programs.
• Proficiency in using computers.
• Full dedication to the job.