Finance & Accounting Department Manager
- Riyadh
- Permanent
- Full-time
Align financial objectives with sectoral goals and monitor performance against key targets.
2. Budgeting & ForecastingSupporting the preparation of project budgets, reports, and quarterly forecasts for the sector.
Collaborate with project managers, site leaders, and department heads to gather inputs and validate assumptions.
Monitor budget utilization and provide early warnings of potential overruns or savings opportunities.
Ensure timely and accurate forecast updates reflecting changes in operational dynamics or contract variations.
3. Financial Reporting & AnalysisDeliver the sector's monthly, quarterly, and annual financial reports, including P&L, balance sheet, and cash flow statements.
Conduct variance analysis and performance reviews, highlighting key trends, risks, and corrective actions.
Provide profitability analysis at the project, contract, and asset levels.
Support sector management in understanding financial drivers and improving performance metrics.
4. Operational Finance & Cost ControlReview and analyze O&M cost structures, including workforce, materials, consumables, subcontractors, and equipment.
Ensure alignment of financial planning with maintenance schedules, service level agreements (SLAs), and asset lifecycles.
Lead initiatives to identify cost-saving opportunities and improve operational efficiency.
Evaluate pricing models for new contracts or renewals in coordination with the procurement team.
5. Financial Governance & ComplianceEnsure adherence to internal financial controls, corporate policies, and regulatory requirements.
Support the auditing process by providing necessary documentation and responses.
Oversee compliance with tax, VAT, and other statutory financial obligations relevant to the sector's operations.
6. People Management & DevelopmentLead and mentor a team of accountants, analysts, and finance officers assigned to the sector.
Foster a performance-driven culture focused on accountability and continuous improvement.
Identify training and development needs for the finance team to enhance sector-specific financial competencies.
7. Stakeholder EngagementCoordinate closely with Group Finance, Procurement, HR, Operations, and Legal departments.
Represent the finance function in sector leadership meetings, contract reviews, and strategic planning sessions.
Build strong relationships with clients, partners, and external stakeholders where financial collaboration is required.Skills
Experience within the Operations & Maintenance, Facilities Management, Utilities, or Infrastructure sectors is a significant advantage.
Bachelor’s degree in finance, Accounting, Business Administration, or a related field (mandatory)
A master’s degree (MBA) or equivalent postgraduate qualification is preferred.
Professional certification is strongly preferred
Minimum 10+ years of experience in financial management, with at least 5 years in a leadership role
Experience within the Operations & Maintenance, Facilities Management, Utilities, or Infrastructure sectors is a significant advantage.ge
Advanced proficiency in MS Excel, financial modeling, and reporting tools (Power BI, Tableau, etc.)
Experience working with ERP systems (SAP, Oracle, or similar).
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