Finance Specialist (Saudi Nationals Only)

Job Summary:

The role applies in-depth knowledge, experience, and best practices in accounting. They are responsible for solving complex accounting problems and work independently with minimal guidance.

Essential Responsibilities:

Statutory Reporting & Audit Coordination

• Lead and manage the preparation and review of statutory financial statements across multiple legal entities and branches.
• Coordinate annual audit processes, ensuring timely submission of financial reports and audit deliverables to both local authorities and group consolidation teams.
• Collaborate with auditors, group finance, and internal teams to respond to audit-related queries and finalize financial reporting packages.
• Ensure compliance with statutory obligations, including reporting and Transfer Pricing documentation across applicable jurisdictions.
• Prepare and submit indirect tax filings and relevant Chamber of Commerce submissions.
• Provide accuratetax provisioning, including monthly and annual tax calculation files and supporting documentation.

Financial Controls & Reconciliations

• Perform and review monthly balance sheet reconciliations, resolving discrepancies in general ledger accounts.
• Conduct manual revaluations, including Work-in-Progress (WIP), foreign exchange adjustments, hedge accounting entries, and interest deduction calculations under applicable tax regulations.
• Originate and process journal entries to support month-end and year-end closing activities.
• Ensure timely and accurate financial documentation for external and internal audit requirements.
• Maintain compliance with internal control procedures and accounting standards.

Stakeholder Communication & Support

• Act as a liaison between auditors, group finance, and internal stakeholders to ensure alignment on statutory reporting timelines and compliance requirements.
• Prepare consolidated financial reports for management and joint venture partners, including proportional ownership and financial performance analysis.
• Support ad hoc and complex financial queries from group finance, auditors, and external advisors.
• Provide documentation and support to internal financial reporting teams and external compliance agencies.

Special Projects & Process Improvements

• Assist with finance transformation initiatives, system upgrades, and process improvement projects as needed.
• Contribute financial analysis and data to support entity rationalization or liquidation processes.
• Coordinate with project and finance teams to ensure a smooth and timely month-end close process.
• Support cross-functional reporting through automated tools.

Financial System & Data Management

• Maintain and validate automatedfinancial statements and reports acrossglobal consolidation platforms.
• Ensure proper accounting and elimination of intercompany transactions, clearing, and suspense accounts.
• Participate in database integration projects, including PO validation, line coding, and legal entity checks.
• Validate receipts and ensure compliance with procurement and finance policies.

Other activities

• Additionally, you will be managing the building lease, participating in insurance company,assessing and involving in the selection process of employees’ group medical and other policies.
• You will extend support to the third party payroll service provider

Job Requirements / Skills, Knowledge and Abilities:

• Qualified CIMA, ACCA, or Chartered Accountant. Bachelor’s degree in accounting or finance required, CPA preferred
• Strong technical accounting knowledge
• Excellent communication and stakeholder management skills
• Ability to work extended work hours as necessary for monthly closings.
• 4-5 years of relevant experience.
• Effective communication and documentation skills,including the ability to interact effectively with various levels of staff and management.
• Motivated, self-directed, and results-driven approach to work, and takes ownership of assigned tasks.
• Deadline oriented.
• Ability to work extended work hours as necessary for monthly closings.
• Excellent organizational skills and pay attention to detail, including neatness and organization of work papers.
• Effective in a dynamic environment, adapting to and managing change positively and proactively.
• Capable of establishing effective working relationships that promote teamwork and collaboration.
• Effective interaction with financial reporting, regulatory reporting, internal auditors, and external auditors.
• Ability to remain positive, professional, calm, and focused when faced with challenging situations.
• Computer literate in Microsoft programs: Word, Access, PowerPoint, Excel.
• Ability to work independently