About the Role
The Assistant Manager – Finance & Accounts is responsible for owning the periodic financial close and reporting cycle, ensuring the accuracy, completeness, and timeliness of the company's financial statements in line with IFRS and internal cost accounting principles. This role leads month-end, quarter-end, and year-end close activities, coordinates external and statutory audits, manages banking relationships, and drives the continuous improvement and digitalization of the Finance & Controlling function. Working cross-divisionally with HR, Purchasing, and Inventory, the Assistant Manager acts as a key business partner supporting a lean, efficient, and well-controlled finance set-up.
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Responsibilities
Financial Close & Reporting
- Lead and execute the monthly, quarterly, and annual close process, ensuring deadlines and quality standards are met.
- Prepare and review monthly, quarterly, and annual financial statements in accordance with IFRS and internal cost accounting standards.
- Own group reporting and consolidation submissions, ensuring alignment with group timelines and reporting requirements.
- Analyze IFRS standards and their impact on the business and independently implement the resulting accounting and reporting requirements.
- Perform account reconciliations, accruals, provisions, and variance analysis, with clear commentary for management.
Audit & Compliance
- Manage the annual statutory/external audit as the primary point of contact, preparing schedules and responding to audit queries.
- Coordinate and support Local Content audits and reporting, ensuring compliance with applicable Saudi regulatory requirements.
- Ensure adherence to statutory, tax (VAT/Zakat), and internal control requirements across the finance function.
Banking & Treasury
- Manage day-to-day banking relationships, cash positioning, payments, and facilities.
- Monitor cash flow and liquidity to support operational and strategic requirements.
Controlling & Process Improvement
- Continuously review and optimize work procedures to maintain a lean, efficient set-up in Finance & Controlling.
- Drive the enhancement and digitalization of internal controlling processes, tools, and reporting.
- Develop cross-divisional process understanding across HR, Purchasing, and Inventory to strengthen end-to-end financial controls.
- Support budgeting, forecasting, and cost analysis in line with internal cost accounting.
Requirements
- Saudi National (mandatory).
- Qualified Chartered Accountant (mandatory) – e.g. SOCPA Fellowship, CA, ACA, ACCA, CPA, or equivalent.
- 5–7 years of relevant post-qualification experience in finance and accounting.
- Experience in the Contracting or Construction industry (mandatory).
- Big 4 audit experience is strongly preferred.
- Strong working knowledge of IFRS and internal/cost accounting principles.
- Completed SAP training/course, with hands-on experience in an SAP environment (mandatory).
- Fluent English (spoken and written); Arabic fluency is an advantage.
