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Home Saudi Arabia Senior Finance Manager

Senior Finance Manager

Full time at Red Sea Global in Saudi Arabia
Posted on December 20, 2024

Job details

Be the change. Join the world's most visionary developer. Red Sea Global (RSG) is showing that there is a better way to positively shape the places we live, work and travel. We are purpose-driven and committed to people and planet. Our transformative programs are a driving force to achieving Vision 2030, as well as leading the world towards regenerative tourism. Join RSG and be part of the positive change for Saudi Arabia and the world. Job Purpose:

  • We are seeking an experienced Senior Finance Manager with robust expertise in business modeling and accounting to join our dynamic finance team.
  • This role is instrumental in driving financial strategy, overseeing financial planning, and providing insights that guide business decision-making.
  • The ideal candidate will have a broad understanding of all finance functions, including budgeting, forecasting, financial analysis, compliance, and reporting.
  • This is a senior position for an analytical thinker with a keen business acumen, excellent communication skills, and proven experience in managing cross-functional finance activities.
Job Responsibilities: Financial Strategy & Business Modeling :
  • Develop and refine complex business models to evaluate new opportunities, product lines, and strategic initiatives.
  • Provide high-quality financial analysis and recommendations to support business growth and decision-making.
  • Lead long-term financial planning, incorporating financial forecasting, scenario analysis, and risk management.
  • Oversee monthly, quarterly, and annual financial reporting, ensuring compliance with regulatory standards.
  • Conduct variance analysis on financial performance against budgets and forecasts, presenting key insights and action points to leadership.
  • Prepare reports for executive management, board meetings, and key stakeholders.
Budgeting & Forecasting :
  • Lead the budgeting and forecasting processes, ensuring alignment with organizational objectives and strategic priorities.
  • Monitor and manage budget allocations, expenditures, and financial forecasts, ensuring cost control and fiscal responsibility.
Accounting & Compliance :
  • Supervise the accounting team, ensuring adherence to GAAP/IFRS standards and timely close processes.
  • Ensure compliance with relevant financial regulations and tax laws, liaising with external auditors as needed.
  • Develop and implement internal controls, policies, and procedures to improve financial efficiency and mitigate risk.
Cross-Functional Collaboration :
  • Act as a strategic partner to business units by providing financial insights and support for operational and strategic initiatives.
  • Collaborate with departments such as operations, HR, and legal to support organizational goals and drive performance.
  • Mentor and develop junior finance team members, fostering a culture of continuous improvement.
Job Requirements: Qualifications & Experience:
  • Bachelor's degree in Finance, Accounting, Business, or related field; MBA, CFA, or CPA highly preferred.
  • Minimum of 10 years of experience in finance, with a strong background in business modeling and accounting.
  • Comprehensive knowledge of financial management principles, forecasting, financial analysis, and budgeting.
  • Strong analytical skills and proficiency in financial modeling tools (e.g., Excel, financial software).
  • Broad understanding of all finance functions, including tax, treasury, and risk management.
  • Excellent leadership and team management skills, with a proactive approach to problem-solving.
  • Ability to communicate complex financial concepts to non-financial stakeholders.
  • Knowledge of ERP systems, preferably SAP, Oracle, or similar.
Skills:
  • Experience in a fast-paced environment, ideally within a multinational or large-scale organization.
  • Proven ability to drive process improvements and implement best practices.
  • Strong attention to detail and ability to manage multiple priorities.
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