RemoteOne

Finance Manager

Riyadh, Saudi ArabiaPosted yesterday

Salary
AED 12k–18k a month· est.
Job type
Full time
Level
Lead
Field
Finance & Accounting
Work mode
On site

About the role

Our client, a fast-growing FMCG company in the coffee category, is hiring a Finance Manager to own financial control, reporting and commercial finance partnering for the business. You will keep the numbers accurate and compliant, and turn them into clear decisions for leadership on pricing, margins, trade spend and growth. Key responsibilities Financial reporting and control • Lead the monthly, quarterly and year-end close, and deliver accurate management accounts on time. • Prepare financial statements under IFRS and support external audits. • Maintain a strong internal control environment across the order-to-cash, procure-to-pay and inventory processes. Budgeting, forecasting and planning • Run the annual budget and rolling forecasts with sales, supply chain and marketing. • Track performance against plan and explain variances clearly to leadership. Commercial and FMCG finance • Analyse profitability by SKU, channel (modern trade, traditional trade, foodservice, e-commerce) and customer. • Manage trade spend, promotions, rebates and distributor terms, and measure their return. • Support pricing decisions and monitor cost of goods, including green coffee and packaging costs. Working capital, cash and inventory • Manage cash flow forecasting, receivables, payables and credit control for distributors and retailers. • Oversee inventory valuation, stock provisions and shrinkage, working with the supply chain team. Tax and compliance • Ensure the business meets local statutory tax and reporting requirements (VAT, Zakat, withholding tax, e-invoicing), working with tax advisers. • Coordinate with tax advisers, auditors, banks and government authorities. Team and business partnering • Coach and develop the finance team. • Act as a trusted finance partner to the CEO, commercial and operations leaders. • Drive improvements in finance systems, automation and reporting. Required qualifications and experience • Bachelor's degree in Accounting, Finance or a related field. • A professional accounting qualification (ACCA, CIMA, CPA or similar) is an advantage but not required. • 5–8 years of progressive finance experience (mid-level), including commercial or sales finance supporting regional FMCG sales. • Solid knowledge of IFRS, and working knowledge of the GCC and wider MENA region (no Saudi-specific experience required). • Proven experience in month-end close, budgeting and forecasting. • Strong Excel and financial modelling skills, and hands-on experience with an ERP system. • Fluent English, written and spoken.

Requirements

Bachelor's degree in Accounting, Finance or a related field. A professional accounting qualification (ACCA, CIMA, CPA or similar) is an advantage but not required. 5–8 years of progressive finance experience (mid-level), including commercial or sales finance supporting regional FMCG sales. Solid knowledge of IFRS, and working knowledge of the GCC and wider MENA region (no Saudi-specific experience required). Proven experience in month-end close, budgeting and forecasting. Strong Excel and financial modelling skills, and hands-on experience with an ERP system. Fluent English, written and spoken.

Responsibilities

Financial reporting and control: Lead the monthly, quarterly and year-end close, and deliver accurate management accounts on time. Prepare financial statements under IFRS and support external audits. Maintain a strong internal control environment across the order-to-cash, procure-to-pay and inventory processes. Budgeting, forecasting and planning: Run the annual budget and rolling forecasts with sales, supply chain and marketing. Track performance against plan and explain variances clearly to leadership. Commercial and FMCG finance: Analyse profitability by SKU, channel (modern trade, traditional trade, foodservice, e-commerce) and customer. Manage trade spend, promotions, rebates and distributor terms, and measure their return. Support pricing decisions and monitor cost of goods, including green coffee and packaging costs. Working capital, cash and inventory: Manage cash flow forecasting, receivables, payables and credit control for distributors and retailers. Oversee inventory valuation, stock provisions and shrinkage, working with the supply chain team. Tax and compliance: Ensure the business meets local statutory tax and reporting requirements (VAT, Zakat, withholding tax, e-invoicing), working with tax advisers. Coordinate with tax advisers, auditors, banks and government authorities. Team and business partnering: Coach and develop the finance team. Act as a trusted finance partner to the CEO, commercial and operations leaders. Drive improvements in finance systems, automation and reporting.

Skills

  • IFRS
  • Financial reporting
  • Budgeting and forecasting
  • ERP (enterprise resource planning) systems
  • Financial modelling
  • Excel
  • Management accounting
  • Cash flow forecasting
  • Variance analysis
  • Cost of goods analysis
  • Trade spend management
  • Pricing support
  • Inventory valuation
  • VAT
  • Zakat
  • English proficiency

Not sure you fit this role?

Upload your CV and see how you score against RemoteOne and every other live job. It's free.

Get my free matches
Finance Manager jobs in Riyadh37 live roles, top employers and pay.See all →

Similar jobs across the Gulf