Overview
Senior Financial Specialist Jobs in Jeddah, Saudi Arabia at Red Sea Global
An exciting opportunity to join one of Red Sea Global’s subsidiaries, contributing to a dynamic and ever-evolving supply chain while making a meaningful impact on the Kingdom’s Vision 2030.
Position Overview:
Handle full spectrum of financial operations:
Accounts Receivable & Credit Control, Accounts Payable, Payroll & Expenses, Treasury/Bank operations and ensure timely closing of accounts and related reconciliations, following proper internal controls and adherence to statutory and legal requirements and to internal policies & procedures. Readiness to specialize in either AP, Credit Control/AR or Treasury activities as may be required.
Maintaining Customer Account/Accounts receivable and related records: customer ledger management and SOA reconciliation (incl. Intercompany), regular booking of customer collections, customer master data management, supporting analysis.
Credit Control and Ageing analysis in line with Credit Policy and in close partnership with the sales & CS team and credit insurers (maintain and comply with group cover and policy, apply for new limits and assess/address customer credit risks)
Maintaining Supplier Accounts /Accounts Payable and related records: vendor ledger management and SOA reconciliation (incl. Intercompany), booking of supplier invoices & payments, supporting analysis
Payroll (Staff/Management) review, payments and posting, accounting for employee allowances, benefits and expense claims.
Operational Treasury support including preparation and execution of all payments from bank and bank reconciliations (incl. petty cash), servicing bank funding/debt, maintaining loan documentation and adherence to bank covenants
Trade Treasury support including preparation of Letters of Credit (In-/Out-bound), CAD, Avalized Bills & other guarantees and documentary credit, maintaining of financial records for these transactions
Supporting Group Finance Manager in Internal & External Audit Activities
Internal Service Provider to dependent departments (Supply Chain, Admin functions, Sales, Production) providing data and analytical support where required for Payables/Receivables.
Help Execute SAP & Ariba Implementation and Integration.
Location:
Jeddah and Riyadh
Qualification and Experience:
A bachelor’s degree in accounting, finance, business, commerce, or related degree.
Knowledge of accounting/financial/operational principles.
Minimum 3 years of experience in Trading, Retail, Supply Chain, Logistics or other operational organization with minimum of $200M of business.
Experience in dynamic high-volume transactional environment preferred.
Experience with SAP S/4 Hana and SAP Cloud Analytics (SAC) preferred.
Title: Senior Financial Specialist
Company: Red Sea Global
Location: Jeddah, Saudi Arabia
Category: Finance & Banking (Accounts Receivable/ Collections, Financial Analyst)
