Senior Financial Specialist

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.