Operational Finance Supervisor / Assistant Manager – KSA Operations (Based in Egypt)
At OptiServe Solutions, we build and manage high-performing operational teams for fast-growing businesses across the Middle East.
We are currently hiring an Operational Finance Supervisor / Assistant Manager to lead and oversee operational finance activities for a Saudi Arabia–based company, while being based in Egypt, with potential future relocation to KSA.
This is a senior operational finance leadership role, combining hands-on supervision with process ownership and operational oversight across Accounts Receivable, Accounts Payable, revenue recognition, sales accuracy, VAT compliance, and e-commerce payment reconciliation.
Important notes
Role Summary
The Operational Finance Supervisor / Assistant Manager will be responsible for leading AR and AP teams, ensuring accurate financial recording of operational transactions, strong collections and payment discipline, and effective coordination with customers, vendors, and internal stakeholders.
This role is focused strictly on operational finance execution and leadership.
Team Leadership & Supervision
You will:
• Supervise, mentor, and manage Accounts Receivable Accountant(s) and Accounts Payable Accountant(s)
• Assign tasks, set priorities, and monitor daily operational activities
• Provide coaching, training, and continuous professional development
• Conduct performance reviews and provide structured feedback
• Ensure adherence to policies, procedures, and deadlines
• Manage workload distribution and team capacity
• Coordinate remote operations across Egypt & KSA time zones
• Foster a collaborative, accountable, and high-performance team culture
• Handle escalated and complex accounting matters
• Support recruitment and onboarding of new finance team members
Accounts Receivable Management & Oversight
You will:
• Oversee invoicing, collections, and aging analysis
• Review and approve high-value or complex customer transactions
• Monitor collection performance against targets
• Guide follow-up and escalation of overdue balances
• Review aging reports and define collection priorities
• Supervise customer account reconciliations and dispute resolution
• Oversee e-commerce and online payment reconciliations
• Review payment processor and gateway reconciliations
• Supervise refund processing and payment disputes
• Review gateway fees and settlement timing differences
• Ensure accurate multi-currency records (SAR and others)
Accounts Payable Management & Oversight
You will:
• Supervise vendor invoice processing and AP workflows
• Review and approve high-value or complex vendor payments
• Monitor payment accuracy, timeliness, and compliance
• Guide vendor relationship management
• Ensure capture of vendor discounts and early payment incentives
• Review vendor statement reconciliations
• Ensure proper documentation, approvals, and controls
• Maintain compliance with KSA regulations and company policies
Sales Entries & Revenue Recognition
You will:
• Review sales transactions and journals prepared by the team
• Ensure proper revenue recognition under IFRS 15 (KSA-adopted)
• Validate revenue timing, classification, and completeness
• Supervise reconciliation between operational systems and accounting records
• Review and approve revenue-related adjustments and accruals
• Guide the team on complex revenue recognition scenarios
Sales Incentives & Vendor Discounts
You will:
• Oversee tracking and reconciliation of incentives, discounts, and promotions
• Review accrual calculations for customer incentives and vendor rebates
• Monitor authorization and utilization of discounts
• Review contracts and agreements for incentive and rebate clauses
Reconciliation, Controls & Close
You will:
• Oversee AR, AP, and revenue account reconciliations
• Supervise reconciliation of e-commerce sales channels
• Ensure matching of gateway settlements with accounting records
• Ensure accurate month-end and year-end close for operational finance
• Implement and strengthen internal controls
• Review discrepancies and lead resolution actions
• Drive continuous process improvement initiatives
• Perform quality assurance reviews of team outputs
Reporting & Business Analysis
You will:
• Review and approve AR/AP, collections, and operational reports
• Analyze trends in receivables, payables, and vendor performance
• Provide insights and recommendations to management
• Support ad-hoc operational and financial analysis
Systems & Process Improvement
You will:
• Identify automation and efficiency opportunities
• Lead implementation of new systems and tools
• Document and maintain SOPs
• Ensure effective use of ERP and accounting systems
• Coordinate with IT on system enhancements and issue resolution
Cross-Functional & External Coordination
You will:
• Work closely with Sales, Procurement, and Operations teams
• Support external auditors during audits
• Communicate with customers and vendors in Arabic & English
• Provide timely and accurate financial information to support operations
• Operate effectively across Egypt–KSA time zones
Required Qualifications
Education
• Bachelor’s degree in Accounting, Finance, or related field
Experience
• 5–7 years of operational finance or accounting experience
• 2–3 years in a supervisory or assistant manager role
• Strong AR & AP operational experience
• Revenue recognition experience (IFRS)
• VAT experience (Egypt acceptable; KSA preferred)
• Experience managing remote teams is a plus
Technical Skills
• Strong knowledge of IFRS (especially IFRS 15)
• ERP/accounting systems experience
• Advanced Excel skills (Pivot Tables, VLOOKUP, SUMIFS)
• VAT compliance knowledge
Why Join Through OptiServe?
