Finance Manager

Location: Saudi Arabia

Salary Range: 25,000 - 32,000 SAR per month

Sector: Healthcare

Position Overview

We are seeking a highly experienced and strategic Finance Manager to oversee all aspects of our financial operations. The ideal candidate will be a qualified finance professional with a strong background in the healthcare sector. You will be responsible for ensuring financial compliance, driving financial planning, and providing strategic insights to support the organization's growth and stability. This is a leadership role that requires a proactive individual with excellent analytical, managerial, and communication skills.

Key Responsibilities

Financial Management & Reporting:

Oversee the entire accounting function, including accounts payable, accounts receivable, general ledger, and payroll.
Prepare timely and accurate monthly, quarterly, and annual financial statements and management reports.
Manage cash flow, forecasting, and working capital to ensure operational efficiency.
Lead the annual budgeting and periodic forecasting processes.

Strategic Financial Planning & Analysis:

Analyze complex financial data to identify trends, risks, and opportunities for improvement.
Provide actionable insights and recommendations to senior management to support strategic decision-making.
Develop financial models to evaluate business initiatives, investments, and profitability.

Compliance & Risk Management:

Ensure strict adherence to Saudi Arabian accounting standards, taxation laws (including Zakat and VAT), and healthcare-specific financial regulations.
Implement and maintain robust internal control systems to safeguard company assets.
Liaise with external auditors, tax advisors, and government authorities as required.

Leadership & Team Management:

Lead, mentor, and develop the finance team, fostering a culture of high performance and continuous improvement.
Delegate tasks effectively and manage team performance to achieve departmental goals.

Systems & Process Improvement:

Utilize advanced ERP and clinic management systems to streamline financial processes and enhance reporting capabilities.
Leverage advanced MS Excel skills for complex financial analysis, modeling, and data visualization.
Identify and lead process improvement initiatives to increase efficiency and accuracy within the finance department.

Stakeholder Management:

Communicate financial performance and complex financial concepts effectively to non-financial stakeholders, including senior leadership and department heads.
Build strong, collaborative relationships across the organization.

Qualifications & Experience

Educational:

Bachelor’s degree in Finance, Accounting, or a related field.
A Master’s degree (e.g., MBA, MSc in Finance) is preferred.

Professional Certifications (Highly Desirable):

One or more of the following: CPA (Certified Public Accountant), CMA (Certified Management Accountant), ACCA (Association of Chartered Certified Accountants), or CFA (Chartered Financial Analyst).

Experience:

A minimum of 8–10 years of progressive experience in finance and accounting.
At least 3–5 years in a managerial or leadership role, with proven team management experience.
Essential: Strong experience within the healthcare sector, with a clear understanding of healthcare financial regulations and compliance standards in Saudi Arabia.

Required Skills & Competencies

Technical Expertise: In-depth knowledge of accounting principles (IFRS), Saudi taxation, and financial reporting.
Systems Proficiency: Advanced proficiency in ERP systems (e.g., SAP, Oracle) and clinic management software. Expert-level skills in MS Excel (pivot tables, lookups, macros, etc.).
Analytical Abilities: Superior ability to analyze complex financial data and provide strategic, actionable insights.
Leadership: Demonstrated capability to lead, motivate, and develop a team.
Communication: Excellent verbal and written communication and interpersonal skills.
Stakeholder Management: Proven ability to manage and influence key stakeholders.

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