About the job

Job PurposeThe Finance Manager is responsible for leading the full finance and accounting function of a bakery and sweets manufacturing and sales operation in Saudi Arabia. The role carries end-to-end accountability for financial reporting, management accounting, product costing, margin analysis, cash flow management, budgeting, compliance, and internal controls across both factory production and retail/wholesale sales channels.The position demands a finance professional who understands the specific economics of F&B manufacturing — raw material cost volatility, production yield management, product-level profitability, perishable inventory dynamics, multi-channel sales economics, and the working capital pressures inherent in a production-to-shelf business model.This is not a bookkeeping role. The Finance Manager is expected to operate as a strategic financial partner to the business, providing the costing intelligence, margin visibility, cash discipline, and financial governance required to protect profitability and support informed decision-making at the executive level.

Key Responsibilities1. Financial Reporting & Accounting Operations•       Lead the full accounting function including general ledger management, accounts payable, accounts receivable, bank reconciliations, and fixed asset accounting.•       Prepare and present monthly, quarterly, and annual financial statements in compliance with IFRS and Saudi regulatory requirements.•       Ensure timely monthly close within five working days, with accurate P&L, balance sheet, and cash flow reporting.•       Manage the chart of accounts structure to provide clear visibility into production costs, sales revenue by channel, and overhead allocation.•       Prepare consolidated financial reports for executive leadership with variance analysis, trend commentary, and forward-looking insights.

• 2. Product Costing & Margin Management•       Own the end-to-end product costing framework for all bakery and sweets product lines, covering raw materials, direct labor, production overheads, packaging, and distribution costs.•       Develop and maintain standard cost cards (Bill of Materials costing) for each product SKU, with regular reviews against actual production costs.•       Conduct contribution margin analysis by product, product category, and sales channel (retail, wholesale, B2B, online) to identify profitability drivers and margin leakage.•       Monitor and report on raw material cost movements (flour, sugar, butter, cocoa, packaging) and their impact on product margins, with proactive escalation when thresholds are breached.•       Support pricing decisions with cost-based analysis, competitive benchmarking inputs, and scenario modeling for volume and price sensitivity.