Financial Manager – Construction, Real Estate & Multi-Sector Finance | Jeddah, Saudi Arabia

Location

Jeddah, Saudi Arabia

Employment Type: Full-Time

Preferred Candidates: Saudi Nationals

Job Category

• Finance & Accounting
• Construction & Real Estate
• Manufacturing & Production
• Education & Training

Job Overview

Azhar Holding Company is seeking an experienced Financial Manager to lead financial planning, reporting, governance, and strategic financial management across its diverse business portfolio in Jeddah, Saudi Arabia. This is an excellent opportunity for finance professionals with extensive experience in construction, real estate, manufacturing, and education sectors who are looking to advance their careers within a dynamic organization.

The successful candidate will oversee budgeting, financial reporting, project cost control, cash flow management, regulatory compliance, and financial analysis while supporting executive leadership with strategic financial insights. This position offers significant career growth opportunities, exposure to enterprise financial operations, and continuous professional development in a multi-sector business environment.

Key Responsibilities

• Develop and manage annual budgets and financial plans across all business sectors.
• Oversee project budgeting and cost control for construction and real estate projects.
• Manage company-wide cash flow, liquidity planning, and treasury operations.
• Prepare, analyze, and present monthly, quarterly, and annual financial reports.
• Ensure accurate revenue recognition in accordance with IFRS, including IFRS 15.
• Manage progress billing and percentage-of-completion accounting.
• Lead financial feasibility studies, including ROI, IRR, and NPV analysis.
• Oversee accounts payable and accounts receivable functions.
• Ensure accurate cost allocation across construction, education, manufacturing, and real estate business units.
• Maintain strong internal controls and financial governance.
• Ensure compliance with ZATCA, Zakat, GOSI, and Wage Protection System (WPS) requirements.
• Coordinate external audits and statutory financial reporting.
• Supervise payroll, end-of-service benefits, and employee-related financial obligations.
• Manage banking relationships, financing facilities, and loan structures.
• Oversee ERP financial modules, including Odoo, SAP, or Oracle.
• Monitor project profitability, financial risks, operational efficiency, and business performance.
• Provide financial analysis and strategic recommendations to senior management.

Requirements & Qualifications

Education

• Bachelor’s degree in Finance, Accounting, or a related field.
• Master’s degree is preferred.

Professional Certifications

• CFA (Chartered Financial Analyst)
• CMA (Certified Management Accountant)
• Equivalent professional finance certification

Experience

• Minimum 8–12 years of financial management experience.
• Experience across multiple industries, including construction, real estate, manufacturing, and education, is preferred.
• Strong experience in project and contract financial management.

Technical Skills

• Financial Planning & Analysis (FP&A)
• Budgeting & Forecasting
• Cash Flow & Liquidity Management
• Financial Reporting
• IFRS & IFRS 15
• Project Cost Control
• Revenue Recognition
• Progress Billing
• Percentage-of-Completion Accounting
• ROI, IRR & NPV Analysis
• Accounts Payable & Accounts Receivable
• ERP Systems (Odoo, SAP, Oracle)
• Financial Modelling
• Internal Controls
• Financial Governance
• Risk Management
• Banking & Treasury Management
• External Audit Coordination

Regulatory Knowledge

• Saudi Regulatory Environment
• ZATCA Compliance
• Zakat Regulations
• GOSI Requirements
• Wage Protection System (WPS)

Soft Skills

• Strong leadership and people management skills.
• Strategic financial planning and decision-making.
• Excellent analytical and problem-solving abilities.
• Effective communication and presentation skills.
• Strong stakeholder and executive management capabilities.

Salary, Benefits & Career Growth

Benefits

• Full-time leadership opportunity with a diversified holding company.
• Exposure to multi-sector financial management and strategic business operations.
• Collaborative and professional working environment.
• Benefits provided according to company policy.

Career Growth

• Lead enterprise-wide financial strategy across multiple industries.
• Enhance expertise in corporate finance, ERP systems, and regulatory compliance.
• Opportunities for continuous professional development and finance certification support.
• Career progression into senior finance leadership and executive management positions.

Application Process

Application Process (Website)

Apply only through the official job link.

Click Apply Now on the website.

HR Email for Application

Send your updated CV directly

Email Subject: Financial Manager