Overview
Lead Financial Specialist Jobs in Al Khobar, Eastern, Saudi Arabia at Ashraq Development Company
Title: Lead Financial Specialist
Company: Ashraq Development Company
Location: Al Khobar, Eastern, Saudi Arabia
Job Description:
- Lead financial control and reporting activities, ensuring accuracy, completeness, and timeliness of financial statements in compliance with IFRS and SOCPA requirements.
- Establish, implement, and continuously enhance financial control frameworks, policies, and internal controls to safeguard assets and mitigate financial and operational risks.
- Review and analyze financial statements, variance analyses, and management reports, providing clear explanations and insights to senior management.
- Lead the external audit process, acting as the primary point of contact with auditors and ensuring timely resolution of audit findings.
- Oversee the implementation and interpretation of new or revised accounting standards, ensuring proper adoption and documentation.
- Ensure ongoing compliance with IFRS and SOCPA, proactively identifying issues and driving timely resolution.
- Lead IFRS assessments for draft contracts prior to tendering, evaluating accounting treatment, revenue recognition, and financial implications for Ashraq.
- Stay current with accounting standards, regulatory updates, and best practices, embedding.
- changes into reporting and control processes.
Qualification & Requirements
- Bachelor’s degree in accounting.
- 6+ years of progressive experience in Financial Control, Accounting, or Financial Reporting roles.
- Strong, hands-on knowledge of IFRS and solid familiarity with SOCPA requirements.
- Proven experience leading audits and managing internal controls.
- High level of accountability, attention to detail, and professional judgment.
- SOCPA and/or CPA certification is a plus.
