Assistant Manager Finance

The Assistant Manager Finance supports financial operations, reporting, and compliance while overseeing sales-related processes across Hayy (Cinema, events, venue hires, and retail). The role ensures strong financial controls, accurate reconciliations, compliance with KSA regulations (including ZATCA e-invoicing), and timely reporting in coordination with the Finance Manager.

Key Responsibilities

Financial Operations & Controls

• Manage accounts receivable and payable, including aging, reconciliations, and collections
• Oversee daily, weekly, and monthly reconciliations (bank, POS, inventory, intercompany)
• Supervise sales processes, invoicing, and POS compliance with ZATCA regulations
• Monitor credit card collections, refunds, and revenue tracking across Hayy activities
• Maintain control over fixed assets, inventory, and cash counts

Reporting & Compliance

• Support monthly and annual closing and preparation of financial statements.
• Prepare and review trial balance schedules (prepayments, receivables, CAPEX, etc.)
• Ensure compliance with IFRS and KSA tax regulations (VAT, WHT, Zakat)
• Liaise with ZATCA and other authorities on tax and regulatory matters
• Prepare tax returns, VAT reconciliations, and audit schedules
• Assist in external audits (interim & annual)

 Treasury & Process Management

• Support cash flow management and payment planning
• Prepare & Review payment vouchers and purchase orders (as per authority limits)
• Ensure ERP (D365 or similar) integrity and automation of finance processes
• Drive continuous improvement (process optimization and automation)
• Manage insurance renewals and financial documentation

Planning & Analysis

• Assist in budget preparation, forecasting, and variance analysis
• Identify and report financial discrepancies, risks, and improvement areas

Qualifications & Requirements

• Bachelor’s degree in Accounting and Finance with Professional certification (CMA, ACCA, CIMA, CPA, or equivalent)
• 5–7 years’ experience in finance, accounting, or auditing (Big 4 preferred)
• Strong knowledge of KSA tax laws (VAT, WHT, Zakat) and IFRS
• Experience with ERP systems (Microsoft Dynamics 365 must)
• Proven experience in POS systems and sales reconciliation
• Advanced Excel and analytical skills
• Strong organizational, communication, and problem-solving abilities

Conditions of Work

• This is a full-time position based in Jeddah, KSA , with occasional travel to Dubai, United Arab Emirates, and elsewhere
• Occasional weekend and evening work according to workload is also required

Benefits include

• Full health & dental insurance
• 25 days annual leave