Head of Financial Accounting

MRG is supporting a leading Saudi real estate development and investment organisation with the appointment of a Function Head – Finance & Accounting.

This is a senior finance leadership position with responsibility for the overall financial management, planning, reporting, treasury, and regulatory compliance of the organisation and its subsidiaries.

Reporting directly to the CFO & VP Support Services, the successful candidate will lead the Finance & Accounting function and act as a key business partner to executive leadership, providing financial insight to support investment, development, and commercial decision-making.

The Role

The Function Head – Finance & Accounting will provide strategic and operational leadership across financial planning and analysis, accounting, tax, and treasury.

You will oversee the preparation of financial statements and consolidated reporting, lead budgeting and forecasting, manage treasury and cash flow planning, and ensure full compliance with IFRS, Saudi GAAP, and relevant Saudi regulatory requirements.

The position will also play an important role in supporting the organisation's real estate activities, providing financial analysis relating to property acquisitions, development feasibility, lease pricing, capital allocation, and investment performance.

A further priority will be the continued transformation of the finance function, including greater automation, real-time reporting, and the adoption of advanced financial analytics.

Key Responsibilities

• Lead the Finance & Accounting function across FP&A, accounting operations, tax, and treasury.
• Develop and manage annual business plans, departmental budgets, and financial forecasts.
• Oversee monthly, quarterly, and annual financial reporting, including consolidated reporting across subsidiaries.
• Ensure compliance with IFRS, Saudi GAAP, VAT, Zakat, WHT, and ZATCA requirements.
• Lead statutory audits and manage relationships with external auditors, banks, tax advisers, and other financial stakeholders.
• Manage treasury operations, cash flow forecasting, banking relationships, and credit facilities.
• Provide financial analysis to support property acquisitions, development feasibility, lease pricing, and capital allocation decisions.
• Monitor financial performance, investment returns, risk exposure, and cost management across the organisation.
• Provide executive-level financial reporting and present forecasts, performance, and strategic analysis to senior leadership and the Board.
• Partner with department heads to strengthen budgeting, cost control, and overall financial performance.
• Drive finance transformation through automation, Power BI reporting, Yardi, and AI-assisted financial tools.
• Lead, coach, and develop the Finance & Accounting team, establishing clear performance measures and succession plans.
• Maintain robust financial governance, controls, and continuous audit readiness.

Candidate Profile

We are looking for an established finance leader with strong technical accounting expertise combined with commercial and strategic capability.

Candidates should ideally bring

• A Bachelor's degree in Accounting, Finance, or a related discipline.
• CPA, ACCA, CMA, or an equivalent professional qualification.
• A Master's degree or MBA would be advantageous.
• A minimum of 5-8 years' progressive finance experience, including at least two years in a senior leadership capacity.
• Demonstrable experience within real estate, property management, development, or a closely related sector.
• Strong knowledge of IFRS, Saudi GAAP, VAT, Zakat, and WHT regulations.
• Proven experience managing statutory audits and external auditor relationships.
• Strong financial planning, budgeting, forecasting, and financial modelling capability.
• Experience in treasury management, cash flow planning, and capital investment analysis.
• The ability to provide commercially focused financial insight to senior executives and business leaders.
• Strong leadership skills with experience developing high-performing finance teams.
• Experience driving finance process improvement, automation, and digital transformation.
• Strong working knowledge of Yardi, alongside advanced capability of Power BI, Microsoft Excel, and financial modelling.
• Experience using automation and AI-assisted finance tools to improve forecasting, reporting, anomaly detection, and management insight would also be advantageous.

Salary & Benefits

Competitive salary commensurate with experience.

Location & Working Pattern

Based in Riyadh, Saudi Arabia, and office-based.

How to Apply

Apply on the link or send an updated CV to nicky.harrison@mrgglobal.com