Shory Saudi Arabia تعلن عن وظيفة مدير مالي في الرياض

JOB PURPOSE

Lead the finance function for Shory KSA as its in-country finance lead, ensuring accurate and timely financial reporting, full compliance with Saudi tax, statutory and regulatory requirements, a effective financial controls as the business grows. The role is the finance partner for Shory KSA leadership and the in-country link to Group Finance for reporting, consolidation, intercompany recharges and audit readiness.

KEY ACCOUNTABILITIES

Responsibilities:

Financial Reporting

● Own the monthly, quarterly and annual close for Shory KSA under IFRS as endorsed by SOCPA, in line with Group timelines.

● Prepare statutory financial statements, coordinate the external audit and complete the annual filing on the Qawaem platform.

● Deliver management and KPI reporting with commentary on performance, cash, receivables, insurer balances and key variances against budget and forecast, to Shory KSA leadership and Group Finance.

Group Reporting & Consolidation

● Prepare and submit the monthly, quarterly and annual reporting packs to the UAE parent and Group Finance in line with Group templates, timelines and accounting policies.

● Map the Shory KSA ledger to the Group chart of accounts and support the consolidation process, including intercompany matching and elimination entries.

● Maintain intercompany reconciliations and cost recharges with UAE and Group entities in line with the Group allocation methodology.

● Respond to ad hoc information requests from the parent company, Group auditors and advisors.

Tax & Zakat (ZATCA)

● Prepare Zakat and/or corporate income tax returns, and withholding tax on cross-border payments, for Group Finance approval and filing.

● Manage VAT compliance and returns, and maintain compliance with ZATCA e- invoicing (FATOORA) integration requirements.

● Support transfer pricing documentation and disclosures for intercompany transactions with Group Tax and external advisors.

● Respond to ZATCA queries and assessments, and coordinate any objections.

Revenue, Collections

● Oversee revenue recognition, billing and collections, including commission

● Prepare cash flow forecasts and manage Saudi banking relationships and payments within the delegation of authority.

● Monitor receivables and payables and resolve settlement discrepancies with partners.

Payment, Reconciliation & Gateway Monitoring

● Monitor daily transaction flows across all payment gateways and channels, tracking success rates, failed and pending transactions and settlement timing.

● Oversee daily and monthly reconciliations between the policy/sales platform, payment gateway reports, acquirer settlements and bank statements, and ensure unmatched items are investigated and cleared promptly.

● Reconcile premiums collected on behalf of insurers against remittances due, ensuring accurate and timely settlement within agreed terms.

● Manage refunds, cancellations, chargebacks and disputes with gateways and acquirers, and ensure they are correctly reflected in the books.

● Validate gateway and merchant fees (MDR and transaction charges) against contracted rates and recover any overcharges.

● Maintain controls over payment processing and gateway access, and escalate anomalies, outages or suspected fraud to leadership and the relevant teams.

Budgeting & Performance

● Prepare the Shory KSA annual budget and rolling forecasts as part of the Group planning process.

● Track performance against plan, including marketing spend and acquisition cost, and raise risks and opportunities early.

● Provide financial analysis for business cases, new partner integrations and commercial initiatives.

Controls & Compliance

● Operate internal controls covering segregation of duties, approvals, reconciliations and audit trails, appropriate for a pre-IPO group.

● Ensure compliance with Companies Law and Commercial Registration obligations, and support any financial reporting required by the sector regulator

● Work with People & Culture on payroll accuracy, GOSI, Mudad/WPS and end- of-service provisions.

● Keep documentation audit-ready and support Group internal audit and IPO readiness work.

Team & Stakeholder Management

● Lead, coach and develop the Shory KSA finance team (currently the Senior Officer Finance), including performance management and development planning.

● Manage outsourced providers (accounting, tax, audit, payroll) and their deliverables.

● Act as finance partner to Shory KSA leadership.

QUALIFICATIONS, EXPERIENCE, SKILLS

Qualifications:

● Bachelors degree in Accounting or Finance.

● Professional qualification (SOCPA, CPA, ACCA or CMA) preferred.

Experience:

● 8-10+ years of progressive finance experience, including at least 2-4 years managing a finance team or leading a finance function.

● Recent hands-on KSA experience: ZATCA (Zakat/CIT, VAT, WHT), e-invoicing, GOSI, statutory audit and filing.

● Experience with payment gateway and high-volume transaction reconciliations.

● Insurance, fintech or digital platform experience preferred.

Job-Specific Skills:

● Strong technical accounting and month-end close discipline.

● Working knowledge of Saudi tax and statutory requirements.

● Group reporting and consolidation (chart of accounts mapping, intercompany eliminations).

● Strong reconciliation and controls mindset.

● Budgeting, forecasting and financial analysis.

● Proficiency in ERP and reporting tools (TBC: Group ERP).

● Fluent Arabic and English.