Finance & Accounting Manager

Job Title: Finance & Accounting Manager (Leads financial control, budgeting, and cash flow management for the ICP Program) Location: Riyadh, Saudi Arabia (On-site) Department: Finance & Accounting – Shared Services Reports To: Deputy Manager – Shared Services Organization: ASAS for Industrial Development (Owned by MODON) In Partnership With: Ministry of Industry and Mineral Resources (MIM) – ICP Position Overview: The Finance & Accounting Manager is responsible for overseeing all financial planning, accounting, and cash flow management activities for the ICP Program. The role ensures effective budget control, financial reporting, and compliance with ASAS standards and program governance requirements. This position manages fund allocations, monitors expenditures, and ensures the accuracy and transparency of all financial transactions. The Finance & Accounting Manager also supervises accounting staff and coordinates with the Shared Services leadership to maintain strong financial discipline and audit readiness. Key Responsibilities: Financial Planning & Budget Management Develop, monitor, and control annual and periodic budgets for the ICP Program. Track program expenditures and provide variance analyses to support management decisions. Ensure that spending aligns with approved financial plans and program objectives. Prepare budget forecasts and recommend adjustments to maintain financial sustainability. Cash Flow & Financial Control Oversee cash flow planning to ensure the availability of funds for approved commitments. Monitor inflows and outflows to maintain optimal liquidity for program operations. Ensure proper authorization and scheduling of payments in coordination with the approval matrix. Implement internal financial controls to safeguard assets and prevent irregularities. Accounting & Financial Reporting Supervise the accounting function to ensure accurate and timely financial data. Oversee preparation of income statements, balance sheets, and related financial reports. Review journal entries, reconciliations, and financial statements for accuracy and compliance. Ensure all accounting procedures follow ASAS and program governance standards. Audit & Compliance Maintain readiness for internal and external audits through accurate financial documentation. Ensure compliance with regulatory, contractual, and internal control requirements. Address audit findings and implement corrective actions when necessary. Promote continuous improvement in audit and compliance practices. Team Leadership & Coordination Supervise and guide the finance controller and accountant to ensure timely and accurate execution of tasks. Coordinate with procurement and legal functions to align financial activities with program requirements. Build financial awareness and compliance across Shared Services and program teams. Documentation & Reporting Maintain accurate and up-to-date financial records to support transparency and traceability. Prepare periodic financial reports, summaries, and analyses for the Shared Services Deputy Manager and Program Management. Contribute to the development of standardized templates, processes, and tools to enhance financial management efficiency. Required Qualifications: Bachelor’s degree in Accounting, Finance, or Business Administration. 7–10 years of experience in financial management, accounting, or auditing, preferably within a large program or organizational setting. Demonstrated experience managing cash flow, budgets, and financial reporting cycles. Preferred Qualifications: Professional certification (CPA, CMA, or equivalent). Master’s degree in Finance, Accounting, or related field. Experience in public-private industrial and government partnership programs. Key Competencies: Strong technical knowledge of financial control, accounting, budgeting, and cash flow management. Experience preparing financial statements and managing reporting cycles. Proficient in financial analysis, planning, and fund allocation. Excellent organizational, analytical, and problem-solving skills. Ability to lead financial operations and ensure full compliance with governance requirements. Skilled in ERP systems and financial reporting tools. Strong communication and coordination skills in Arabic and English. Show more Show less