Leverage your experience and join the dynamic team in the Investment & Development Manager role with a holding group with diversified investments in the real estate sector based in Riyadh, Saudi Arabia.
To lead and manage the company's financial affairs and develop financial strategies and plans that maximize the efficient utilization of financial resources, ensure sustainable liquidity, protect capital, and improve profitability and investment returns.
The Finance Manager will also be responsible for developing financial policies, systems, and internal controls; overseeing the financial performance of the company, its investments, and its subsidiaries; and establishing effective relationships with banks, financial institutions, auditors, and financial advisors.
Key Responsibilities
- Develop and implement financial strategies and plans that maximize the efficient utilization of financial resources, protect capital, enhance profitability, and support the company's strategic objectives.
- Manage the company's liquidity and cash flows to ensure financial stability, sustainable liquidity, and the availability of financial resources required to support business operations and investments.
- Oversee the management of debt, financial obligations, and collections to ensure effective control of financial commitments and maintain the company's financial position.
- Lead budgeting and financial performance monitoring activities, ensuring effective financial control and evaluating the financial performance of the company, its investments, and subsidiaries.
- Manage financing activities and maintain strong relationships with banks and financial institutions to support the company's financing requirements and investment activities.
- Conduct financial analyses and provide recommendations to support strategic and investment decisions, improve financial performance, and enhance investment returns.
- Oversee financial and accounting operations, including the development of financial policies, systems, and internal controls to ensure accurate financial management and operational efficiency.
- Establish and maintain effective financial governance, risk management, and compliance practices to safeguard the company's financial position and ensure adherence to applicable regulations.
- Manage profitability, dividend distributions, and capital to protect the company's financial resources, optimize investment returns, and support long-term financial sustainability.
Knowledge, Skills, and Experience
- Bachelor's degree in Finance, Accounting, Economics, or a related field.
- Professional certification such as SOCPA, CPA, CMA, or CFA is preferred.
- Minimum 10 years of relevant experience in financial management or financial planning and analysis, including managerial and leadership experience.
- Proven experience in investment companies, real estate companies, holding companies, or family business groups with diversified assets and investments.
- Advanced expertise in financial planning, liquidity management, financing, and banking relationships.
- Strong knowledge of accounting standards and Saudi Zakat and tax regulations.
- Practical experience in preparing budgets, financial models, management reports, and key performance indicators (KPIs).
- Proficiency in ERP systems and financial analysis software, preferably SAP Business One.
- Strong strategic financial thinking, with the ability to align financial decisions with the company's investment objectives.
- Established professional relationships with banks, financial institutions, auditors, and financial advisors.
- Advanced negotiation skills, particularly in financing and liquidity management.
- Strong ability to analyze financial statements, identify financial risks and opportunities, and provide recommendations to support financial decision-making.
- Proven leadership capabilities in managing finance teams, developing financial procedures, and strengthening financial controls.
- High level of accuracy, integrity, and confidentiality when handling financial information.
- Excellent communication and presentation skills, with the ability to deliver clear and compelling financial reports and analyses to executive management and the Board of Directors.
- Professional proficiency in both Arabic and English.
