Senior Finance & Accounts Manager
Riyadh,
Saudi Arabia
About the Opportunity
Our client is looking for a senior finance professional who can operate at both the technical and strategic levels of finance.
The successful candidate will be expected to manage and oversee financial reporting, accounting, budgeting, forecasting, treasury, compliance, banking relationships, financial controls and management reporting.
You will also be expected to work closely with senior management and external stakeholders including auditors, banks, financial advisors and other professional partners.
This role requires someone who can move comfortably between:
Accounting → Finance → Treasury → Compliance → Business Analysis → Corporate Finance
The position is particularly suited to someone who wants to play an active role in business decision-making rather than simply producing financial records
What We Are Looking For
We are looking for a finance professional who combines:
- Strong technical accounting knowledge
- Practical Saudi finance and tax experience
- Modern ERP experience
- Commercial and business understanding
- Strong analytical and problem-solving ability
- Treasury and banking experience
- Budgeting and forecasting expertise
- Executive-level reporting capability
- Understanding of corporate finance and valuation
- Strong communication and stakeholder management skills
The ideal candidate does not simply report what happened.
They should be able to explain:
Why did it happen?
What does it mean?
What is the financial or business risk?
What should management do next?
A senior finance leadership opportunity for a commercially minded finance professional.
We are supporting a client in Saudi Arabia in identifying an experienced Senior Finance & Accounts Manager who can take ownership of the financial function and provide management with accurate, meaningful and commercially relevant financial insight.
This is not a routine accounting position.
We are looking for someone who understands the relationship between accounting, finance, treasury, taxation, banking, business performance and corporate strategy.
The right candidate should be able to look beyond the numbers, understand what they mean for the business, identify risks and opportunities, and provide management with clear recommendations.
Financial Management
- Overall management of accounting and finance operations
- Monthly, quarterly and annual financial closing
- Preparation and review of management accounts
- P&L, Balance Sheet and Cash Flow reporting
- General Ledger and Trial Balance oversight
- Fixed Assets and Equity accounting
- Revenue, cost and profitability analysis
- Financial reconciliations and account reviews
Management Reporting
- Preparation of management reports and financial dashboards
- Monthly performance reporting
- Budget versus actual analysis
- Variance analysis
- Financial KPI monitoring
- Providing financial insights and recommendations to senior management
Planning & Forecasting
- Annual budgeting
- Rolling forecasts
- Cash flow forecasting
- Financial modelling
- Scenario and sensitivity analysis
- Long-term financial planning
- Cost optimisation and profitability improvement
Financial Controls
- Establishing and maintaining appropriate financial controls
- Reviewing financial processes and procedures
- Identifying financial risks
- Supporting internal and external audits
- Ensuring appropriate segregation of duties and approval controls
Technical Requirements
The candidate should have strong practical knowledge of:
- Chart of Accounts
- General Ledger
- Trial Balance
- Accounts Payable
- Accounts Receivable
- Fixed Assets
- Inventory accounting
- Revenue recognition
- Accruals and provisions
- Prepayments
- Bank reconciliations
- P&L
- Balance Sheet
- Cash Flow Statements
- Equity structure
- Intercompany accounting where applicable
- Month-end and year-end closing
- Financial reporting
- Budgeting and forecasting
- Financial analysis
- Variance analysis
- Cost accounting
- Management accounting
- Audit preparation and support
A strong understanding of accounting standards and financial reporting principles is expected.
ERP & Odoo Experience
Modern finance requires more than entering transactions into accounting software.
The candidate should have meaningful hands-on experience with a modern ERP environment, such as:
- Odoo
- Microsoft Dynamics 365
- SAP
- Oracle
- Or another comparable enterprise ERP
Experience should include more than basic transaction processing.
The candidate should understand how ERP systems can be used for:
- Analytic Accounting
- Cost Centres
- Financial Dimensions
- Budgeting
- Forecasting
- Management Reporting
- Financial Controls
- Approval Workflows
- Multi-company accounting
- Automated reconciliations
- Financial dashboards
- Business performance analysis
Odoo experience is highly valuable for this position.
Candidates should be able to understand not only how to use an ERP, but also how the ERP should be structured to produce reliable management information.
Saudi Regulatory & Tax Requirements
Strong practical knowledge of the Saudi regulatory and tax environment is required.
The candidate should have experience with relevant areas including:
- ZATCA
- VAT
- VAT returns and compliance
- E-invoicing requirements
- Tax compliance
- Withholding Tax where applicable
- Tax documentation
- Statutory reporting
- Audit requirements
- Financial records and supporting documentation
- Working with external auditors and tax advisors
The successful candidate should be capable of identifying potential compliance risks and ensuring that the company's financial processes support Saudi regulatory requirements.
Corporate Finance & Valuation
We are looking for someone with an understanding of finance beyond traditional accounting.
The candidate should have exposure to or understanding of:
- Corporate finance
- Capital structure
- Debt versus equity financing
- Funding requirements
- Business valuation
- Enterprise Value
- Equity Value
- Financial modelling
- Investment analysis
- Return on investment
- Financial due diligence
- Business performance valuation
- Scenario and sensitivity analysis
The candidate should understand what drives the value of a business and how financial performance, cash flow, profitability, debt, assets, liabilities and future growth can affect valuation.
Investment / IPO Readiness
Experience in investment transactions, fundraising, acquisition or IPO preparation is highly valuable.
Candidates with relevant exposure to:
- Investor reporting
- Financial due diligence
- Investment preparation
- Acquisition / transaction support
- Data room preparation
- Financial documentation
- Audit readiness
- Corporate governance
- Financial controls
- Institutional investor requirements
- IPO readiness
will be particularly well suited.
Direct IPO experience is not necessarily mandatory, but the candidate should understand the level of financial discipline, reporting quality, controls and documentation expected when a business moves toward institutional investment or public markets.
Leadership & Executive Reporting
The successful candidate will work closely with senior management.
Therefore, strong communication skills are essential.
The candidate should be able to:
- Prepare reports for C-Level executives
- Present financial results clearly
- Explain financial performance to non-finance executives
- Highlight risks and opportunities
- Provide actionable recommendations
- Build financial dashboards and KPIs
- Explain budget and forecast variances
- Challenge assumptions when necessary
- Support management decision-making
We are looking for someone who can communicate financial information as a business story, not simply provide spreadsheets full of numbers.
Fluency in both Arabic and English is essential.
Treasury & Banking
This is an important part of the role.
The candidate should have practical experience managing or coordinating:
Banking Relationships
- Corporate banking relationships
- Bank account management
- Bank reconciliations
- Bank reporting
- Communication and negotiation with financial institutions
Banking Facilities
Experience with areas such as:
- Credit facilities
- Overdrafts
- Financing arrangements
- Working capital facilities
- Repayment schedules
- Interest and financing costs
- Bank covenants where applicable
Banking Instruments
Experience or understanding of:
- Letters of Credit
- Bank Guarantees
- Performance Guarantees
- Other banking commitments and instruments
Treasury & Liquidity
- Daily/weekly cash position
- Cash flow forecasting
- Liquidity planning
- Working capital management
- Receivables and collections
- Payables planning
- Cash conversion cycle
- Funding requirements
The candidate should understand that profitability and cash availability are not the same thing and should be able to explain the difference to management.
Who Should Not Apply
This position is not intended for candidates whose experience is primarily limited to routine bookkeeping or transaction processing.
We are not looking for someone whose primary responsibilities have been limited to:
- Basic Debit/Credit entries
- Routine JV posting
- Invoice entry
- Basic AP/AR processing
- Basic bank reconciliation
- Payroll processing alone
- Generating standard accounting reports without analysing them
Experience with traditional accounting software alone will not be sufficient.
We are looking for someone who can think independently, understand financial logic, challenge numbers, analyse business performance and communicate meaningful conclusions to management.
If your experience is primarily transactional rather than analytical and managerial, this position may not be the right fit.
Application & Screening Process
Because this is a senior finance position, the recruitment process will involve more than reviewing a CV.
Candidates may be evaluated across several areas including:
Stage 1 — Application
Submit your CV and complete the initial screening questions.
Stage 2 — Experience Review
We will review your professional background, ERP experience, Saudi regulatory knowledge, management experience and relevant financial responsibilities.
Stage 3 — Technical Screening
Shortlisted candidates may be asked to complete practical finance scenarios covering areas such as:
- Financial analysis
- Budgeting and forecasting
- Cash flow
- Treasury
- Working capital
- ZATCA / VAT
- Financial controls
- Management reporting
- Corporate finance
Stage 4 — Management Interview
Candidates who demonstrate strong technical capability will proceed to an interview focused on:
- Commercial thinking
- Problem solving
- Leadership
- Financial strategy
- Communication
- Decision-making
Stage 5 — Client Interview
Final shortlisted candidates will be introduced to the client for the final selection process.
What We Value Most
Technical knowledge matters.
Experience matters.
ERP knowledge matters.
But above all, we are looking for someone who can think.
Someone who can look at a financial statement and understand the business behind it.
Someone who can identify a problem before it becomes a crisis.
Someone who can challenge an assumption with facts.
Someone who can explain complex financial matters clearly to senior management.
And someone who understands that the role of finance is not simply to record the past, but to help management understand the present and make better decisions about the future.
Ready to Apply?
If you believe your experience matches the requirements of this position, complete the application form below.
Please provide accurate information about your experience. Shortlisted candidates may be asked to validate their experience through technical screening and interviews.
Location: Saudi Arabia
Language: Arabic & English — Fluent
Position Level: Senior Finance / Management
Employment Type: Full-Time
This recruitment is being conducted on behalf of a client. Client details will be shared with shortlisted candidates where appropriate.