What You'll Do
Oversee financial reporting for a regulated financial entity, ensuring monthly, quarterly, and annual statements are prepared accurately and on schedule in compliance with IFRS and SAMA requirements. Coordinate closely with Group Finance to align reporting practices and support consolidation.
Manage regulatory submissions to SAMA, including all required returns for payments and lending activities. Ensure all filings meet deadlines and regulatory expectations, and maintain readiness for inspections and audits.
Lead entity-level accounting operations, including management accounts, reconciliations, and internal controls. Guarantee financial records are complete, audit-ready, and consistent with group standards.
Support strategic finance initiatives by providing detailed inputs for budgeting, forecasting, and variance analysis. Deliver operational insights that inform financial planning and performance tracking.
Ensure compliance with tax regulations under ZATCA, including VAT, withholding tax, and corporate tax obligations. Collaborate with Group Tax and external advisors to maintain accurate filings and reconciliations.
Strengthen accounting frameworks for lending and payments portfolios in line with IFRS 9, SAMA rules, and group policies. Oversee safeguarding accounts, settlement flows, and working capital in compliance with regulatory standards.
Collaborate with auditors, regulators, and internal stakeholders, serving as the primary finance contact for external parties while escalating critical issues appropriately. Support internal audit and risk functions to maintain governance alignment.
Drive improvements in financial systems, including ERP platforms like Oracle or SAP, to enhance reporting accuracy and regulatory alignment. Promote efficient use of technology across finance operations.
Lead and develop a finance team, fostering accountability, regulatory discipline, and high performance. Build capacity within the team to meet current and future operational demands.
Requirements
- University degree in Finance, Accounting, or a related field
- 10 to 15 years of progressive experience in finance roles
- Direct experience in lending or financing businesses, including practical application of IFRS 9
- Proven ability to lead finance teams and manage complex financial operations
- Hands-on experience with ERP systems such as Oracle, SAP, or similar platforms
Preferred Qualifications
- Advanced degree in Finance, Accounting, or related discipline
- Professional certification such as SOCPA, CPA, ACCA, or CA
- Background in SAMA-regulated institutions, fintech, banking, or finance companies
- Deep knowledge of IFRS and financial regulations, particularly in payments, lending, and regulatory reporting
- Familiarity with CMA regulatory expectations
- Understanding of credit risk, lending economics, and portfolio accounting
- Demonstrated integrity and a strong compliance-oriented mindset
- Leadership maturity with readiness for broader responsibilities
- Ability to perform effectively under regulatory scrutiny and executive oversight
Technical Expertise
IFRS and IFRS 9 implementation, SAMA regulatory standards, ZATCA compliance, VAT and tax filings, withholding and corporate tax, ERP systems including Oracle and SAP.
