Finance Manager

Overview

Job Description

Ksa Managing Director

The Finance

Main Internal Relations

Main External Relations

Department Objectives & Priorities

• Ensure financial transparency, predictability, and strong control across the KSA business by leading planning, reporting, compliance, and accounting activities. The team supports performance improvement, protects profitability and cash flow, and enables timely, data-driven decisions in line with Group standards and local regulations.
• Mission & challenges of the position:
• The mission of the Finance Manager KSA is to act as the trusted finance business partner for the local leadership team while ensuring robust financial operations, compliance, and forward-looking planning. Success means delivering accurate insight, identifying risks and opportunities early, and driving disciplined execution that supports sustainable growth and profitability in KSA.

2. YOUR ROLE IN DETAIL

• In this role, you will lead the full finance agenda for KSA, combining strategic business partnering with strong financial stewardship and operational control.
• Your responsibilities will include the following:
• **Lead and structure the finance function in KSA**
• by ensuring an effective, compliant, and business-oriented finance setup that supports the local organisation.
• You will guide, develop, and evaluate team members, reinforce a culture of accountability and continuous improvement, and contribute to succession planning and capability building within the function.
• **Own the budgeting, forecasting, and planning cycles**
• for KSA in line with Group requirements.
• This includes coordinating the annual budget and periodic forecasts, validating assumptions using year-to-date performance, market dynamics, sales pipeline, and sell-out trends, and supporting scenario analysis to help the business prepare for risks, opportunities, and changing commercial conditions.
• **Ensure accurate monthly, quarterly, and year-end closing and reporting**
• with a high standard of financial integrity and compliance.
• You will review data quality, ensure consistency with Group accounting policies and IFRS, and provide clear business commentary explaining performance versus targets, underlying drivers, risks, and deviations requiring management attention.
• **Drive performance visibility and decision support**
• by analysing the key financial and operational indicators of the KSA business.
• You will monitor sales performance, margin evolution, operating expenses, headcount, working capital, and profitability, identify gaps versus plan or prior year, and work with relevant stakeholders to define and track corrective actions.
• **Actively manage working capital and financial exposure**
• by monitoring receivables, reviewing payment terms, assessing credit risk, and supporting actions that improve cash flow discipline.
• You will also contribute to the financial evaluation of projects, tenders, pricing decisions, and commercial agreements to ensure sound financial outcomes and risk awareness.
• **Oversee accounting, tax, and statutory finance operations**
• across KSA, including bookkeeping, payments, reconciliations, statutory filings, and coordination of external audits.
• You will ensure full compliance with local requirements such as VAT, ZATCA obligations, and e-invoicing, while maintaining robust accounting controls and timely reporting to internal and external stakeholders.
• **Serve as a trusted finance business partner to the MD and leadership team**
• by supporting strategic planning, business reviews, and commercial decision-making.
• You will provide financial models, business cases, and scenario simulations to support growth initiatives, new product launches, distributor or channel changes, contract structuring, and negotiations.
• **Strengthen governance, controls, and compliance**
• by ensuring that finance procedures, internal controls, and company policies are properly implemented and respected.
• You will promote a zero-tolerance approach to non-compliance, escalate issues when required, and contribute to maintaining a strong control environment aligned with Group expectations and local legal obligations.
• **Identify, monitor, and mitigate financial and operational risks**
• affecting the KSA business.
• You will ensure that key risks are reported in a timely manner, mitigation plans are defined and followed up, and the organisation is supported in reinforcing business continuity, financial discipline, and operational resilience.
• **Ensure strong alignment with Regional Finance and Group standards**
• by acting as the main interface between KSA and regional teams across FP&A, Tax, Accounting, and Treasury.
• You will support regional consolidation and reporting requirements, align local assumptions and plans with regional strategy and targets, and help deploy finance systems, tools, and process improvements across the market.
• **Monthly reconciliation:**
• follow and review the monthly reconciliation with local distributor to ensure its fully aligned and audited by local operation
• Experienced in…
• Financial planning, budgeting, forecasting, and performance management in a country or business-unit environment
• Accounting operations, statutory reporting, audit coordination, and tax compliance within KSA
• Business partnering with commercial teams on pricing, tenders, contracts, and profitability improvement
• Proficient in…
• SAP, Hyperion, Excel, and financial reporting / analysis tools
• IFRS, financial controls, and KSA tax requirements including VAT, ZATCA, and e-invoicing
• English (working proficiency); Arabic is a plus

Education

Industry Background

6. COMPETENCIES (LOMINGER SKILLS)