Finance Manager – Confidential Company

• SIMILAR EXPERIENCE IS A MUST.
• Preparation of monthly/quarterly financial and management reporting.
• Preparation of annual accounts for audit and annual statutory reporting.
• Implements financial and accounting best practices and oversees critical accounting procedures to ensure legal compliance with financial reporting and banking regulations.
• Leads planning and forecasting activities with business partners to achieve investment and accounting goals.
• Conduct thoroughly cost accounting optimization and cost control practice with subordinates.
• Manage and Control credit limits and receivable aging with subordinates.
• Hires, trains, supervises, coaches, assesses, and provides performance feedback to finance team members.
• Maintains and revises accounting systems as needed.
• Create, develop, and manage finance policies and procedures.
• Executes revisions and updates to procedures, policies, and systems to facilitate the expansion and scaling of the business and increase transparency and compliance.
• Develop, implement and monitor appropriate financial systems, procedures and internal controls to support the efficient and effective operation of the Finance function.
• Participate in enhancing the ERP applications and owns ultimate responsibility for the Finance ERP.
• Reviews financial reports and advises corrective action accordingly.
• Collects and analyzes data to prepare financial forecasts and suggest strategies to address challenges and leverage strengths.
• Analyzes revenue, expenses, cash flows, and balance sheets to optimize profitability and transparency.
• Assists and supports upper-level management to ensure sound financial decision-making.
• Studies market trends and section-specific data to maximize profits and growth.
• Maintains an accurate filing and record-keeping system for all financial statements and company documents.
• Monitor the day-to-day financial operations such as payroll, invoicing, and other transactions.
• Manage taxations and other statutory compliance requirements.
• Excellent assets management, assets utilization, replacement, idling, etc.
• Guide and coach department heads to enhance financial literacy, including guidance with compiling program budgets and forecasting.
• Performing adhoc analysis pro-actively or as directed, to provide performance insights that aid growth and focus appropriate resource allocation.
• Develop strong and collaborative relationships with key stakeholders to ensure effectiveness of communications and resolution of issues.

Qualifications:

• Minimum of 20 years of similar experience in an industrial and commercial company in Saudi Arabia.
• Bachelor's degree in a commerce, business or accounting; MBA degree is a plus.
• Membership of CPA/ICAA is a plus.
• Experience managing the annual audit and preparing annual financial statements.
• Strong knowledge of accounting software and MS Excel.
• Demonstrated experience in managing organization’s accounting, tax and statutory compliance requirements.
• Strong interpersonal and communication skills with demonstrated experience of working collaboratively and influencing across multiple groups.
• Self-starter with the ability to work with limited supervision.
• Strong communication and presentation skills, both written and verbal.
• Results-oriented mindset with i-can-do attitude.
• Ability to enhance working environment, and introduce new ideas.
• Excellent problem-solving skills.
• Excellent command of English and computer literacy.