Finance Supervisor / Riyadh

The Finance Supervisor will be responsible for overseeing the whole financial operations of Istituto Marangoni Riyadh ensuring compliance with both KSA regulations and Group, and supporting the School & Education Director with financial planning and analysis.

This role requires a hands-on approach to managing daily financial activities while implementing best practices for a start-up and fast-growing organization.

The Finance Supervisor will be in charge of managing the department and ensure the School and Group financial results.

Key Responsibilities

1. Financial Planning and Analysis

• Conduct financial analysis on revenue, direct costs, and operational expenses to ensure financial health.

• Monitor cash collection and cash flow forecasts, providing proactive recommendations.

• Support in identifying opportunities to enhance profitability and financial efficiency.

• Provide financial insights and reporting to the management team for informed decision-making.

• Assist in defining and resolving financial challenges specific to a start-up environment.

2. Financial Reporting and Compliance

• Oversee and validate accounting records to ensure accuracy and compliance with Saudi financial regulations.

• Ensure adherence to IFRS standards and internal financial policies.

• Supervise the work of external accountants and auditors, ensuring proper documentation and reporting.

• Guarantee the preparation of financial statements, tax filings, and compliance reports.

• Support internal and external audits by preparing necessary financial documents.

• Oversee bank reconciliations, expense tracking, and petty cash management.

3. Budget and Forecasting

• Prepare monthly and annual budgets, ensuring alignment with company objectives and Group standards.

• Conduct variance analysis to track financial performance against forecasts.

• Guarantee cost control initiatives and resource allocation.

• Provide recommendations to enhance financial planning strategies based on data-driven insights.

Education & Professional Skills

• Experience:  from 3+ to 5 years of experience in finance or accounting, preferably within a start-up or fast-paced environment.

• Language Skills: Arabic Native. Proficiency in English.

• Nationality: Saudi nationality is a plus.

• Educational Background: Bachelor's degree in Finance, Accounting, or a related field.

• ICT Tools: Office Suite proficiency.

• Organizational Skills: Strong analytical, problem-solving, and organizational skills. Ability to work independently and collaborate effectively with cross-functional teams.

• International Mindset: Open to work in an international environment and in a star-up company.