Senior Manager - Accounts Payable, Accounts Receivable & Finance Operations
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Role Overview
Lead the Group's Accounts Payable, Accounts Receivable, and Finance Operations functions as the senior owner of procure-to-pay and order-to-cash cycles.
Direct the AP Lead and AR Lead and their teams while setting priorities, service levels, controls, and operational standards.
Own working capital performance, SAP process improvement, audit readiness, and escalation management across AP and AR.
Key Skills for This Role
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About the Company
Red Sea Coastal Trading Company is a subsidiary of Red Sea Global supporting coastal development projects in Saudi Arabia.
The company sources and supplies materials and services for tourism and infrastructure projects, including The Red Sea Project and AMAALA.
Job Purpose
Lead the Group's Accounts Payable, Accounts Receivable, and Finance Operations functions as the senior owner of procure-to-pay and order-to-cash cycles.
Direct the AP Lead and AR Lead and their teams while setting priorities, service levels, controls, and operational standards.
Own working capital performance, SAP process improvement, audit readiness, and escalation management across AP and AR.
Responsibilities
- Own end-to-end AP and AR processing, including matching, invoicing, collections, reconciliations, credit control, disputes, and master data governance.
- Lead teams through team leads, manage KPIs and performance, and build succession capability.
- Manage working capital, cash forecasting inputs, month-end close, compliance, controls, reporting, and audit requirements.
- Lead finance operations automation on SAP and related tools and coordinate with Finance Systems and IT.
- Support employee disbursements and act as the escalation point for suppliers, customers, and internal stakeholders.
Qualifications and Experience
- Bachelor's degree in Accounting, Finance, or a related discipline is required.
- CA, ACCA, CPA, or CIMA qualification from an IFAC-accredited institution is preferred.
- The role requires 10-12 years of progressive finance experience, including at least 5 years leading AP, AR, or shared-service finance operations teams.
- Experience managing multi-layer teams in a multi-entity or multinational environment is required.
- Strong experience in process design, internal controls, credit control, and working capital management is required.
- Hands-on SAP FI/AP/AR experience and exposure to automation, workflow, and e-invoicing implementations are required.
- Working knowledge of IFRS and KSA VAT, withholding tax, ZATCA e-invoicing, and Zakat requirements is required; GCC or KSA experience is preferred.
Skills
- Strong people leadership, analytical ability, process and controls management, stakeholder management, negotiation, and escalation handling are required.
- Advanced Microsoft Excel and ERP proficiency are required.
- Strong presentation and communication skills, attention to detail, organization, resilience, and delivery focus are expected.
Policies and Continuous Improvement
Follow relevant policies, procedures, standards, and instructions to ensure controlled and consistent work.
Prepare accurate functional management information and reports.
Identify opportunities for best-practice improvements, cost reduction, and productivity improvement.
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