Financial manager Jobs in Saudi Arabia

Introduction: Al-Zakari Real Estate Company, one of the leading real estate development and investment companies in the Kingdom since 1948, is seeking to hire an experienced financial manager for its financial team. The position requires the ability to oversee financial and accounting operations and ensure compliance with Saudi regulations.

Requirements:

• Bachelor's degree or higher in Accounting or Finance, with an accredited professional certification (such as CMA or CPA).
• At least 10 years of experience in the financial field, including experience in real estate development and contracting companies in Saudi Arabia.
• Thorough knowledge of Saudi financial and tax regulations (Zakat, Value Added Tax, Labor Laws, and Contracts).
• High skill in preparing and analyzing financial proposals and negotiating with various parties.
• Familiarity with real estate fund regulations and experience in project financing according to approved regulations.
• Proficiency in ERP systems, Excel, and PowerPoint for preparing accurate financial reports and presentations.
• Leadership skills to manage the financial team and make strategic decisions.

Job Responsibilities:

• Supervising all financial and accounting operations and ensuring compliance with Saudi regulations.
• Preparing financial reports and periodic presentations for the Board of Directors or partners.
• Setting annual budgets and monitoring financial performance and controlling expenses.
• Managing relationships with official entities such as the Zakat and Tax Authority and banks.
• Developing financial policies and enhancing the internal control system.
• Supporting other departments financially in projects and contracts.
• Building professional relationships with clients, suppliers, and investors as needed.

Financial Director in Riyadh

Join Kharazah as a Finance Manager!
We are looking for a talented Finance Manager to work closely with senior management in developing financial strategies and contribute to the overall success of our organization. Your expertise will be vital in handling large datasets and providing insightful financial reporting.

Responsibilities:

• Lead financial meetings and discussions.
• Complete financial accounting and forecasting tasks.
• Deliver regular reports and metrics to leadership for informed decision-making.

Qualifications:

• Bachelor's degree or higher in Finance or a related field.
• 57 years of relevant experience in finance.
• Fluency in Microsoft Office Suite (Outlook, Excel, Word, PowerPoint, etc.).
• Detail-oriented with strong analytical skills.

About Us:
Kharazah is dedicated to providing the finest handmade footwear and leather products. We pride ourselves on our tradition of care and craftsmanship, ensuring each product meets the highest standards.

The goal of the job:

Supervising the financial management of the company, ensuring optimal resource utilization, achieving financial sustainability, and providing accurate financial analyses that assist top management in making strategic decisions.

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Key tasks and responsibilities:

1. Preparing financial plans:

   • Developing long and short-term financial strategies and plans.

   • Preparing annual budget estimates and providing regular reports on financial performance.

2. Managing daily financial operations:

   • Supervising accounts, purchases, collections, and disbursements.

   • Overseeing the preparation of financial statements (balance sheet, income statement, cash flows).

3. Financial analysis and reporting:

   • Analyzing financial data and providing accurate reports to top management.

   • Evaluating financial performance, identifying risks, and proposing solutions.

4. Supervising financial compliance:

   • Ensuring the company complies with tax, accounting regulations, and international standards (IFRS or GAAP).

   • Coordinating with internal and external auditors.

5. Managing the financial team:

   • Leading and developing the finance and accounting team.

   • Identifying training needs and enhancing the professional competency of the team.

6. Managing cash flow and investments:

   • Monitoring cash flows and providing financial solutions when necessary.

   • Providing recommendations on investments or cost reductions.

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Required qualifications:

• Academic qualification: Bachelor’s degree in Accounting or Finance (Master’s degree or CPA / CMA preferred).

• Experience: At least 10 years in the financial field, including 3 years in a senior managerial position.

• Skills:

  • Strong leadership and decision-making.

  • Advanced financial analytical skills.

  • Proficient in ERP programs like SAP / Oracle.

  • Ability to work under pressure and meet deadlines.

An accountant with experience in the field