Title: Finance Manager
Al Khobar, SA
What will you be doing?
Role Overview
As part of the Middle East Finance department, the Finance Manager is responsible for ensuring the accuracy of financial accounts across Middle East entities and optimising their financial performance. This role oversees accounting operations, delivers accurate and insightful financial reporting, and drives improvements in financial practices to enhance efficiency.
The Finance Manager is accountable for planning, coordinating, and delivering all finance-related activities across projects and countries within their remit.
General Responsibilities
- Provide strategic and financial guidance to ensure financial objectives are achieved or exceeded.
- Enforce relevant policies and procedures to ensure sound financial management and control.
- Ensure efficient, timely, accurate, and cost-effective delivery of finance function activities.
- Plan, organise, manage, and continuously improve processes in line with Subsea 7’s global standards.
- Foster constructive and professional relationships with all stakeholders.
- Support the execution of the Business Unit’s budget and plans by setting clear, realistic objectives for direct reports.
- Provide strategic direction, leadership, supervision, and mentoring to the finance team.
- Promote the professional and career development of finance team members within the Business Unit
Role-Specific Responsibilities
- Oversee statutory and tax filings in compliance with IFRS and local GAAP.
- Review monthly financial reports and provide insightful analysis on performance and financial position.
- Collaborate with Group Tax to minimise tax exposure and ensure compliance with local regulations.
- Optimise cash generation, consumption, and working capital in coordination with Group Treasury.
- Ensure robust financial controls and compliance across countries within scope.
- Contribute to continuous improvement in risk management and internal controls.
- Manage interfaces between project cost controllers and finance, including participation in monthly Project Management Status Report meetings.
- Oversee the finance interface with the Consortium partner in the Kingdom of Saudi Arabia.
Financial Controls & Reporting
Monthly
- Supervise Middle East finance closing activities.
Quarterly (across 7 legal entities in KSA, UAE, Qatar, and Singapore)
- Conduct full analytical reviews of entity P&Ls.
- Monitor tax payments to local authorities.
- Complete IFRS questionnaires.
- Submit internal control reports.
Annually
- Oversee statutory filings and preparation of financial statements.
- Lead annual budget preparation.
Team Management
- Directly manage a team of 7 accountants based in the Kingdom of Saudi Arabia
What experience would we like you to have?
- Master’s degree from a top-tier institution.
- Strong knowledge of GAAP and IFRS.
- Experience in international tax matters.
- Minimum of 10 years’ experience in finance within an international, multicultural environment.
Skills & Competencies
- Excellent organisational and communication skills.
- Proven leadership and team management experience.
- High cultural awareness and sensitivity.
- Strong analytical and synthesis capabilities.
- Proficiency in Microsoft Office.
- Knowledge of SAP/BFC is an advantage.
- Fluency in English is essential; Arabic is a plus.
#LI-NE1