Financial Controller - Contracting | Saudi Arabia

We are seeking a dedicated and meticulous Financial Controller for a prominent and leading company in the areas of operation and maintenance and total facilities management

Work Location: Riyadh - Saudi Arabia

The Financial Controller is responsible for overseeing day-to-day financial operations, ensuring accuracy in financial reporting, managing cost control, and supporting the financial stability of the organization. The role plays a key part in budgeting, project financials, compliance, and strengthening internal controls—especially within contracting and O&M environments.

Key Accountabilities

• Oversee daily accounting operations including AP, AR, GL, payroll, and project accounting.
• Ensure accurate and timely preparation of monthly, quarterly, and annual financial statements.
• Monitor and control costs related to contracting and O&M projects, ensuring accurate job costing and profitability analysis.
• Support project managers in budgeting, cash flow planning, and financial tracking for ongoing contracts.
• Maintain strong internal controls and ensure compliance with financial policies and IFRS.
• Prepare periodic management reports, financial analyses, KPIs, and dashboards for the CFO.
• Manage audits, coordinate with external auditors, and ensure proper documentation.
• Oversee revenue recognition for government and private contracts in line with regulations.
• Ensure compliance with Zakat, VAT, WHT, and other regulatory requirements.
• Work closely with treasury on cash flow planning and payment management.
• Support ERP processes, ensuring accurate financial data entry and system integrity (Dynamics 365 is preferred).
• Assist in budgeting, forecasting, variance analysis, and cost optimization initiatives.
• Supervise and develop the accounting team, ensuring high accuracy and strong performance.

Knowledge, Skills, and Experience

We Are Looking For:

• Bachelor’s degree in Accounting, Finance, or related field (Master’s preferred).
• Professional certifications such as CPA, CMA, ACCA are an advantage.
• 7–12 years of finance/accounting experience, including at least 3 years in a supervisory role.
• Experience in contracting, O&M, facilities management, or construction is mandatory.
• Strong understanding of project costing, revenue recognition, and contract financials.
• Experience with ERP systems, preferably Microsoft Dynamics 365.
• Strong knowledge of IFRS and Saudi financial compliance regulations.