Finance Manager

Role Overview

Mehad is seeking a Finance Manager to lead financial analysis, investment feasibility work, accounting operations, reporting, and compliance for its real estate investment activities in Al Khobar, Eastern Province, Saudi Arabia.

Key Requirements

• At least 7 years of experience in financial analysis and real estate investment.
• Minimum 5 years of experience managing an accounting team.
• Strong background in feasibility studies and financial valuation.
• Advanced understanding of ROI, IRR, and other financial performance indicators.
• Experience handling real estate investment funds.
• Proficiency with advanced financial and accounting software.
• Bachelor’s degree or higher in Finance, Accounting, or a related field.
• Solid knowledge of financial modeling and forecasting.

Primary Responsibilities

The role covers feasibility analysis, accounting leadership, financial operations, reporting, compliance, systems oversight, and financial planning.

• Prepare comprehensive feasibility studies for new projects and opportunities.
• Evaluate best-case, base-case, and worst-case financial scenarios.
• Assess financial risks and produce investment recommendations.
• Measure key indicators such as IRR, NPV, and ROI with accuracy.
• Manage investment funds and portfolios, including financing sources.
• Lead the accounting team by assigning duties, setting goals, and monitoring performance.
• Review team performance regularly, resolve conflicts, and support staff development.
• Train the team on updated accounting standards, tools, and best practices.
• Ensure the accuracy of journal entries, reconciliations, and accounting records.
• Oversee receivables, payables, customer and supplier accounts, collections, payments, cash, and bank balances.
• Prepare monthly and annual financial statements, trial balance, profit and loss statements, balance sheet, and cash flow statement.
• Maintain compliance with accounting and legal requirements, including IFRS and tax filings.
• Review invoice issuance, documentation, receipts, and archiving practices.
• Analyze financial performance, variances, and trends, then provide reports to senior management.
• Handle accounting systems such as SAP and Odoo, improve processes, and support team members technically.
• Prepare monthly and annual budgets, cash flow forecasts, and cost planning.

Additional Information

This position is based in Al Khobar, Eastern, Saudi Arabia and is a full-time, on-site role.