Financial Controller - Real Estate I Saudi Arabia

Client of Rawaj Company for Recruitment

Employer Active

Posted 11 hrs ago

Experience

7 - 9 Years

Education

Bachelor of Arts

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

Department / Functional Area

Keywords

  • Financial Controller - Real Estate I Saudi Arabia

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