The Role

The Finance Business Partner is based in Riyadh and sits within the automotive division of a global company. The role covers monthly financial close, cost management, cash flow oversight, financing solutions, and internal controls. Reporting and compliance are aligned to Group-level policies and governance standards.

Key Responsibilities

• Manage the monthly financial close process, including accurate transaction recording, review of provisions, and compliance with Group Accounting Policies.
• Provide monthly financial reviews with trend analysis and actionable recommendations to support business performance management.
• Monitor costs, identify savings opportunities, and implement efficiency initiatives without disrupting business operations.
• Challenge spend with business stakeholders and support informed decision-making on cost discipline.
• Support budgeting and forecasting processes, incorporating cost optimization assumptions and initiatives.
• Conduct order studies for optimal ordering.
• Supervise Accounts Payable, Accounts Receivable, inventory, and petty cash activities to ensure accuracy, compliance, and internal control integrity.
• Manage cash flow through control of receivables, payables, and inventory cycles.
• Liaise with Group functions and internal stakeholders to ensure alignment with Group policies and governance requirements.
• Manage intercompany funding arrangements, including accurate accounting, timely settlements, and compliance with Group Treasury guidelines.
• Coordinate funding requirements with Group Treasury to support cash flow planning and liquidity management.
• Structure and formalize customer financing solutions, including review and approval of Letters of Credit and Bank Guarantees.
• Support the BU Finance Controller in principal financing arrangements and negotiations with banks and financial institutions.
• Assist in the issuance, amendment, and management of Letters of Credit, including risk assessment, documentation, and compliance.
• Ensure compliance with VAT and other applicable statutory requirements.
• Establish and continuously improve internal control frameworks to safeguard company assets and maintain financial integrity.
• Monitor compliance with internal policies, delegated authorities, and Group governance standards.
• Perform periodic reviews and testing of key financial and operational controls, identify gaps, and recommend corrective actions.
• Promote a control and compliance culture through guidance, training, and collaboration with business teams.

Skills & Experience

• Qualified in Finance or Accounting: CA, CPA, or ACCA required.
• Minimum 5–7 years of relevant experience.
• Proven experience working with global finance teams.
• Strong analytical and problem-solving skills.
• Proficiency in Microsoft Excel, PowerPoint, and SAP.
• Strong written and verbal communication skills.
• Ability to meet deadlines and manage competing priorities.

About MENA Careers

MENA Careers is a finance community built for professionals who want better access to recruiters, opportunities, and market insight. It helps members discover relevant private equity roles, find recruiters, and navigate the search with sharper direction across London, Europe, and Dubai. MENA Careers is designed to make the private equity search more focused, more informed, and more effective. For more information, visit joinsenna.com.