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Finance Manager

Jeddah, Saudi Arabia

Empowering Progress Through Integrated Supply Chain & Logistics Solutions


Red Sea Coastal Trading Company is a specialized supply chain and logistics subsidiary under Red Sea Global, designed to power the seamless delivery of materials, equipment, and services across our portfolio of pioneering developments.


Operating at the heart of Saudi Arabia’s most ambitious regenerative tourism projects, the subsidiary delivers end-to-end supply chain management, including procurement support, transportation coordination, inventory and warehouse management, and last-mile logistics to remote destinations across the Red Sea coast and beyond.


With a focus on efficiency, reliability, and environmental responsibility, the team ensures that every link in the supply chain supports Red Sea Global’s commitment to sustainability, operational excellence, and local value creation.


Efficiency in Motion. Excellence in Delivery.


About the Role:

Leads the finance operations team which manages and ensures accurate booking of all financial transactions and execution of all treasury operations as well as employee payroll and other disbursements across the Group, in line with commercial obligations, budgetary ownership, internal policies/controls and IFRS. Controls, analyzes and optimizes the Group operating and financing cashflows and utilization of bank facilities through regular cash flow planning and forecasting with the CFO to ensure liquidity is always adequate and at the right cost to support the Group’s current and future needs. Responsible for Group compliance on fiscal matters in KSA (VAT, Zakat). Supports the Group FC and CFO with monthly & statutory reporting key procedures and the statutory audit (and annual budget where required). Key external relationships with the Group’s banking partners, statutory auditors, credit insurers & tax advisory.


Responsibilities:

  • Booking and recording of all financial transactions in line with budgetary ownership by entity and BU, internal policies, and controls and IFRS
  • Execution of all treasury operations (payables, collections, credit control & insurance, documentary credit, financial guarantees and other instruments, bank funding, cash management & pooling) in support of all departments / entities requirements and to fulfil the Group’s commercial and funding obligations
  • Monthly cash flow planning and forecasting to ensure liquidity is always adequate and at the right cost to support the Group’s current and future needs.
  • Actively manages and services bank debt / funding portfolio through review, forecasting and planning of operating & financing cash flows and tracking KPI performance vs. covenants
  • Supports the GM & Corporate Commercial Finance team, to develop the funding strategy and capital structure and to secure the right bank facilities to optimize financing costs
  • Preparation of KSA fiscal reporting & regulatory compliance
  • Leading and developing the Accounting team
  • Supports HR & serves Group employees with the review and disbursement of the monthly payroll, business expenses and other reward mechanisms.
  • Helping Corporate Commercial Finance & IT implement various setups of SAP and other integrations
  • Various software’s
  • MS Office Advance, ERP
  • To assist all the activities driven by Corporate Commercial Finance


Qualifications:

  • Qualified Accountant from IFAC accredited institution
  • Min. 10 years in mid-level finance leadership role within a multi-national & suitable scale ($300M+ business)
  • Background in Accounting & Reporting, Accounting Ops & Treasury management, Business Controls.


Skills:

  • Excellent Data and Analytical Skills.
  • Strong Presentation & Communication Skills.
  • Interpersonal and communication skills with the ability to interact with various management levels.
  • Superior attention to detail and ability to successfully handle multiple competing priorities while maintaining a view of the big picture.
  • Ability to analyzing, interpret and scrutiny of financial information.
  • Should possess organizing capability and have a pleasing, get-going personality.

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