Cluster Manager - Finance

Red Sea Global - Saudi

Job Purpose

The Cluster Manager - Finance will be responsible for overseeing the financial operations within a cluster of business units, ensuring accurate financial reporting, compliance with financial regulations, and effective financial planning. This role will involve providing strategic financial insights and guidance to support decision-making and operational efficiency within the cluster.

Job Responsibilities (Organizational)

  • Manage the overall financial health of the cluster, ensuring effective financial management and control across all business units.
  • Oversee the preparation and review of financial statements, ensuring accuracy and compliance with local and international accounting standards.
  • Lead and manage the budgeting and forecasting process for the cluster, aligning with organizational goals and objectives.
  • Develop and implement financial policies, procedures, and controls to mitigate risks and enhance operational efficiency.
  • Provide timely financial analysis and reporting to senior management, highlighting key performance indicators (KPIs) and financial trends.
  • Monitor cash flow, working capital, and capital expenditure, ensuring optimal financial resource allocation across the cluster.
  • Ensure compliance with tax regulations and statutory reporting requirements, and work closely with external auditors during the audit process.
  • Collaborate with other departments (e.g., operations, HR, procurement) to ensure financial alignment with business goals.
  • Supervise and mentor the finance team within the cluster, fostering a culture of continuous improvement and professional development.
  • Provide financial insights to support strategic decision-making, mergers, acquisitions, or business expansion initiatives.

 

Job Stakeholders (Internal)

  • Senior Management Team
  • Operations Management
  • HR and Procurement Departments
  • Finance Department (Team Members)
  • External Auditors

Job Requirements (Qualification & Experience)

  • Bachelor’s degree in Finance, Accounting, or a related field. A Master’s degree or professional certification (e.g., CFA, CPA, ACCA) is preferred.
  • Minimum 10 years of experience in finance management, with at least 3 years in a leadership role.
  • Experience in managing finance functions across multiple business units or regions (cluster management).
  • Proven track record in financial reporting, budgeting, and forecasting.

Job Requirements (Skills)

  • Strong understanding of financial accounting, management accounting, and financial reporting standards.
  • Excellent leadership and team management skills, with the ability to drive performance and develop talent.
  • Strong analytical and problem-solving skills, with the ability to translate financial data into actionable insights.
  • Advanced knowledge of financial software and ERP systems (e.g., SAP, Oracle).
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
  • Ability to manage multiple priorities and work under pressure to meet deadlines.
  • In-depth knowledge of tax regulations and financial compliance.
  • Experience in managing medium-scale sports/activities operations and with a smaller financial team across multiple locations.
  • Knowledge of the sports industry or leisure business sector would be a significant advantage
  • Ability to think strategically while also being hands-on in managing day-to-day financial of  live operations.
Post date: 04 Ramadan 1446 - Today
Publisher: Red sea global jobs
Post date: 04 Ramadan 1446 - Today
Publisher: Red sea global jobs