Financial Controller - Real Estate I Saudi Arabia
Client of Rawaj Company for Recruitment
Employer Active
Posted 55 min ago
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Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
Key Accountabilities
- Oversee the full finance and accounting function, including general ledger, accounts payable, accounts receivable, treasury, fixed assets, and financial reporting.
- Prepare and review monthly, quarterly, and annual financial statements in line with applicable accounting standards and company policies.
- Lead budgeting, forecasting, and financial planning activities in coordination with senior management and project teams.
- Monitor project profitability, cost control, revenue recognition, work-in-progress, and cash flow across real estate or contracting projects.
- Ensure accurate project accounting, including contract costs, subcontractor payments, retention, variation orders, and progress billing.
- Manage cash flow, working capital, banking relationships, and financing requirements.
- Develop, implement, and maintain strong internal controls, financial policies, and procedures.
- Ensure compliance with tax, audit, zakat/VAT, regulatory, and statutory requirements.
- Coordinate with external auditors and manage the annual audit process.
- Provide financial analysis, management reports, and recommendations to support strategic decision-making.
- Review and improve accounting processes, systems, and reporting efficiency.
- Supervise, mentor, and develop the finance team, ensuring accuracy, accountability, and timely delivery.
- Support senior management with feasibility studies, investment analysis, and project financial assessments.
Desired Candidate Profile
We Are Looking For:
- A degree in Finance, Accounting, or related field.
- A minimum of 7-10 years of relevant experience in span>finance management roles.
- Professional certification (CA/CPA/CIMA or equivalent) is required.
- Previous experience in the real estate, construction, or contracting sector is required.
- Previous audit experience is preferable, with a reputable audit firm.
- Strong knowledge of financial reporting, budgeting, forecasting, project accounting, cost control, and internal controls.
- Solid understanding of revenue recognition, WIP, retentions, variation orders, subcontractor payments, and progress billing.
- Full working knowledge with IFRS standards.
- Good knowledge of tax, VAT, and statutory compliance requirements.
- Strong experience with ERP systems (Preferably Oracle) and advanced Microsoft Excel skills.
- Strong leadership, analytical, communication, and stakeholder management skills.
- Ability to work in a fast-paced, project-driven environment with high attention to detail.
Company Industry
- Real Estate
Department / Functional Area
- Finance
- Treasury
Keywords
- Financial Controller - Real Estate I Saudi Arabia
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Client of Rawaj Company for Recruitment
https://jobs.rawaj-hcm.com/jobs/financial-controller-real-estate-i-saudi-arabia-ciY1