Head of Financial Accounting

About the Role

We are partnering with a prominent Saudi real estate development and investment firm to appoint a senior leader to head their Finance & Accounting division. This executive role reports to the CFO & VP Support Services and is pivotal in guiding the organisation's financial management, regulatory compliance, and overall fiscal strategy across its subsidiaries.

Responsibilities

• Oversee the entire Finance & Accounting function, including financial planning and analysis (FP&A), accounting, tax, and treasury operations.
• Lead the development and management of annual business plans, budgets, and financial forecasts.
• Manage the preparation and consolidation of monthly, quarterly, and annual financial statements.
• Ensure full adherence to IFRS, Saudi GAAP, VAT, Zakat, Withholding Tax (WHT), and ZATCA standards.
• Coordinate statutory audits and liaise with external auditors, banks, tax consultants, and financial partners.
• Control treasury activities, including cash flow forecasting, banking relations, and credit facility management.
• Deliver financial analyses to support property transactions, development feasibility, lease pricing, capital allocation, and investment evaluation.
• Track financial health including performance metrics, investment returns, risk exposures, and cost efficiencies.
• Present refined financial reports, forecasts, and strategic analyses to senior management and the Board.
• Collaborate with department heads to enhance budgeting accuracy, cost control, and financial results.
• Champion finance transformation initiatives focusing on automation, real-time reporting through Power BI, Yardi systems, and AI-driven financial tools.
• Lead, mentor, and develop the Finance & Accounting team with clear performance targets and succession planning.
• Maintain robust financial governance, internal controls, and ensure readiness for continuous audits.

Candidate Profile

• Possess a bachelor's degree in accounting, finance, or related fields.
• Hold professional qualifications such as CPA, ACCA, CMA, or equivalent; an MBA or master’s degree is a plus.
• Have at least 5-8 years of progressive finance experience, including two or more years in senior leadership roles.
• Demonstrate significant expertise in real estate, property management, development, or related industries.
• Be thoroughly familiar with IFRS, Saudi GAAP, VAT, Zakat, and WHT regulatory frameworks.
• Have proven experience managing statutory audits and collaborating with external auditors.
• Excel in financial planning, budgeting, forecasting, and modeling techniques.
• Bring solid experience in treasury functions, cash flow management, and capital investment analysis.
• Provide commercially-oriented financial insight that supports business leadership and executive decision-making.
• Exhibit strong leadership qualities with a record of developing high-performing finance teams.
• Demonstrate commitment to automating finance processes and adopting digital tools and analytics.
• Be proficient with Yardi software, Power BI, advanced Excel, and financial modeling; familiarity with AI-enhanced finance tools is desirable.

Salary & Benefits

The salary offered is competitive and will reflect the candidate's experience.

Location & Work Arrangement

This position is based in Riyadh, Saudi Arabia, and requires working from the office.