Finance Manager - Riyadh, Saudi Arabia

A prominent and distinguished player in the Saudi market, through a client of the global specialized recruitment firm Michael Page, is seeking to hire a Finance Manager for its headquarters in the capital city, Riyadh. This position represents an exceptional leadership opportunity for ambitious professionals looking to join a dynamic work environment and directly impact the company's financial and operational strategy.

Job Overview

The Finance Manager will be responsible for leading and managing the entire finance department, with a focus on ensuring financial accuracy, regulatory compliance, and providing strategic insights that support business growth and stability. The scope of responsibility includes overseeing financial reporting, budgeting, forecasting, cash flow management, and the development and improvement of internal financial policies and procedures. This role will work closely with senior management and key stakeholders to achieve the company's financial objectives.

Key Expected Responsibilities & Duties

• Lead and guide the finance team to ensure all tasks are executed accurately and in a timely manner.
• Oversee the preparation of monthly, quarterly, and annual financial statements, ensuring compliance with local and international standards (e.g., IFRS or Saudi SOCPA standards).
• Develop and manage the budgeting and financial forecasting process, monitoring performance against set targets.
• Manage the company's relationships with banks and external financial institutions.
• Provide in-depth financial analysis and performance reports to senior management to support strategic decision-making.
• Ensure full compliance with all tax and legal regulations in the Kingdom of Saudi Arabia.
• Evaluate and improve internal financial controls and risk management procedures.
• Oversee payroll, accounts payable, and accounts receivable operations.
• Manage financial systems and process improvement projects to enhance efficiency.

Essential Qualifications & Requirements

The company is seeking candidates with the following qualifications:

• A Bachelor's degree in Finance, Accounting, or a related field. Advanced professional certifications (such as CMA, CPA, ACCA) are a significant competitive advantage and are often a prerequisite.
• A minimum of 8 to 12 years of practical experience in finance and accounting, with proven experience in leadership roles (Finance Manager or Accounting Manager for at least 3-5 years).
• Strong experience and deep practical knowledge of the regulatory and tax environment in the Saudi market.
• Advanced proficiency in financial computing applications and Enterprise Resource Planning (ERP) systems, with a preference for experience in SAP or Oracle.
• Exceptional analytical and forecasting skills with the ability to interpret complex data and turn it into actionable recommendations.
• Leadership skills and the ability to manage and motivate a team.
• Excellent communication skills (verbal and written) in both Arabic and English.
• High integrity, professionalism, and the ability to work under pressure.

Benefits & Opportunities

While specific details are not mentioned in the posting, leadership positions at this level within leading companies in Riyadh typically come with a competitive financial package that includes:

• Attractive monthly salary.
• Housing and transportation allowances.
• Comprehensive medical insurance for the employee and family.
• Annual flight tickets.
• Training and career development opportunities.
• A stimulating and progressive work environment.

How to Apply

Applications for this exclusive role are processed through the global firm Michael Page. Qualified candidates who meet the above criteria should prepare a modern, comprehensive, professional resume in English, highlighting leadership experience and tangible achievements in the finance field. It is advisable to apply at the earliest opportunity due to the competitive nature of this leadership role.

This position represents a major career step for ambitious finance professionals to join a leading company and contribute to the vibrant business landscape of Saudi Arabia, especially under Vision 2030, which is creating tremendous growth opportunities across all sectors.