theredsead
Division: Finance
Department: Finance
Company: The Red Sea Sports abd Entertainment Company
From Land to Sea – Active Experiences in Nature’s Purest Form
Red Sea Sports & Entertainment (RSSE) is a subsidiary of Red Sea Global (RSG) and focuses on delivering land and marine experiences at The Red Sea destination. RSSE is responsible for managing and operating various sports and recreational activities at The Red Sea, including water sports (Galaxea), adventure sports (Akun), and general recreation (WAMA).
RSSE plays a central role in the partnership between Red Sea Global and the Saudi Olympic & Paralympic Committee, aiming to create more inclusive and accessible sports and recreation experiences.
We are purpose-driven and committed to people and planet. Our transformative programs are a driving force to achieving Vision 2030, as well as leading the world towards regenerative tourism.
Red Sea Sports & Entertainment – Where Nature Meets Elevated Adventure!
Job Purpose:
To support finance operations by maintaining accurate accounting records, processing financial transactions, preparing reconciliations, and assisting in financial reporting activities in compliance with company policies and financial procedures.
Job Responsibilities:
General
Process and monitor daily financial transactions including AP, AR, and GL entries.
Support daily finance operations activities.
Assist in maintaining accurate accounting records and financial data.
Support preparation of reconciliations and financial reports.
Coordinate with internal stakeholders on finance-related matters.
Assist in month-end closing and reporting activities.
Maintain confidentiality and accuracy of financial information.
Maintain proper supporting documents for financial transactions.
Policies, Systems, Processes, Procedures, Standards and Reports
Follow company finance policies, procedures, and accounting standards
Ensure proper documentation and supporting records for financial transactions
Maintain compliance with IFRS guidelines and internal control requirements
Support preparation of financial reports and audit requirements
Coordinate with central finance and tax teams whenever required
Safety, Quality & Environment
Comply with company health, safety, and environmental policies
Ensure finance activities are performed in accordance with organizational controls
Support adherence to risk management and compliance requirements
Continuous Improvement
Contribute to finance process improvement initiatives.
Support automation and efficiency enhancement activities within finance operations.
Identify opportunities to improve reporting accuracy and operational effectiveness.
Participate in implementing best practices across finance activities.
Qualifications & Experience:
EducationBachelor’s degree in Accounting, Finance, or related field
Professional QualificationSOCPA Certified and CPA / CMA / ACCA or equivalent (preferred)
Experience
3–5 years of finance or accounting experience
Experience in reconciliations, reporting, and financial analysis preferred
Exposure to ERP systems and intercompany accounting is an advantage
Working knowledge of ERP systems
Good Microsoft Excel skills including reporting and reconciliation functions
Basic understanding of VAT and WHT requirements
Knowledge of financial reporting processes
Skills:
Strong understanding of financial accounting principles and reporting standards.
Ability to analyze financial data and identify discrepancies or variances.
Proficiency in ERP systems and financial reporting tools.
Advanced Excel skills including Pivot Tables, VLOOKUP, and financial analysis functions.
Understanding of financial controls, compliance requirements, and audit support processes.
Good analytical and problem-solving ability
Knowledge of budgeting, forecasting, and cash flow monitoring.
Ability to manage multiple tasks within deadlines
Good communication and coordination skills
Attention to detail and accuracy in financial records
Job Context
Role operates within a multi-entity finance environment
Requires coordination with internal departments and central finance teams as required
Involves support for reporting, reconciliations, compliance, and audit activities
Requires adherence to internal controls and company finance procedures
Workload may increase during month-end and year-end closing cycles
Support finance operations by managing daily transactions, maintaining accurate accounting records, and preparing financial reports. Coordinate month-end closing activities and ensure compliance with company policies and IFRS guidelines.
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To apply for this job please visit careers.theredsea.sa.
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