Sector: Energy
Location: KSA
Start Date: ASAP
Context
An international and well-established company operating in the energy sector is seeking a Finance Manager to be based in Jeddah, Saudi Arabia.
The role offers a highly competitive package, excellent benefits, and strong exposure within a multinational environment. The Finance Manager will be responsible for overseeing financial operations, ensuring compliance, supporting strategic decision-making, and driving financial performance across business activities in the Kingdom.
Key Responsibilities
Financial Management & Reporting
- Oversee all financial operations including accounting, reporting, and budgeting.
- Prepare monthly, quarterly, and annual financial statements.
- Ensure accuracy and compliance with IFRS and local Saudi regulations.
- Monitor financial performance and provide analytical insights to management.
Budgeting & Forecasting
- Lead annual budgeting and forecasting processes.
- Track budget vs actual performance and analyze variances.
- Support strategic planning with financial modelling and scenario analysis.
Compliance & Internal Controls
- Ensure compliance with Saudi tax regulations (ZATCA) and corporate policies.
- Maintain strong internal control systems.
- Coordinate internal and external audits.
Cash Flow & Treasury Management
- Manage cash flow planning and liquidity.
- Oversee banking relationships and financial risk management.
- Optimize working capital.
Business Support & Strategy
- Act as a key financial business partner to operational teams.
- Support decision-making with financial analysis and recommendations.
- Participate in business planning and investment evaluation.
Candidate Profile
Education
- Bachelor’s degree in finance, Accounting, Economics, or related field.
- Professional certification preferred (CMA, CPA, ACCA).
Experience
- 8–15 years of progressive experience in finance/accounting roles.
- Experience in energy, oil & gas, utilities, or industrial sectors strongly preferred.
- Previous experience in multinational companies is an advantage.
- Strong exposure to Saudi market regulations is required.
Technical Skills
- Strong knowledge of IFRS and financial reporting standards.
- Expertise in budgeting, forecasting, and financial analysis.
- Proficiency in ERP systems (SAP, Oracle, or similar).
- Strong Excel and financial modelling skills.
Requirements
- Saudi National (Mandatory)
- Based in or willing to relocate to Jeddah
- Immediate availability or short notice preferred