Financial Manager

Job description

A company announces the availability of a job vacancy with the title: Finance Manager Location: Kingdom of Saudi Arabia Tasks and responsibilities Prepare and implement the financial strategy in accordance with the company’s objectives. Preparing estimated budgets, following up on their implementation, and analyzing deviations. Supervising the preparation of periodic financial statements and reports. Managing cash flows and ensuring the availability of liquidity. Supervising general accounts, customers, suppliers and fixed assets. Follow up on zakat and taxes and adhere to financial regulations. Managing the monthly and annual financial closing. Preparing financial studies and analyzes for senior management. Control costs and enhance spending efficiency and profitability. Supervising internal and external audit. Develop policies, procedures and internal control. Leading and developing the financial management team. Qualifications: Bachelor’s degree in accounting or finance... Experience: At least 10 years of experience in the financial field. At least 5 years of experience in a supervisory or leadership position. Financial planning and analysis skills. Preparing budgets and managing cash flows. Preparing and analyzing financial statements. Risk management and internal control. Familiarity with zakat and tax systems in the Kingdom. Proficiency in ERP and Excel systems. Leadership, decision-making and communication skills. About this profession: Financial managers handle all the matters in reference to the finance and investments of a company. They manage financial operations of companies such as the assets, liabilities, equity and cash flow aiming to maintain the financial health of the company and operative viability. Financial managers evaluate the strategic plans of the company in financial terms, maintain transparent financial operations for taxation and auditing bodies, and create the financial statements of the company at the end of the fiscal year. • Participate in developing the financial management’s key objectives, develop and apply plans, programs and projects that contribute to achieving such objectives, and ensure the existence of accurate frameworks and metrics by which the level of achieving these plans and objectives is determined. • Ensure the implementation of the regulations, rules, decisions and instructions related to the financial affairs of the entity, develop financial strategies in accordance with the set objectives and goals, and supervise the identification of the financial needs, return requirements and the level of risk taking. • Coordinate with other organizational units to identify their financial needs, monitor exchange movements, ensure their constraint based on the established financial rules and produce the relevant recommendations to the senior management. • Supervise the preparation of the financial reports and balance sheets, analyze the final accounts, organize the financial and accounting records and books, ensure the soundness of the entries and follow up on their closure, and direct the affiliated employees as well as ensure their compliance with all the applicable financial and accounting systems and rules. • Supervise the preparation of the abstracts and reports that clarify the general rates of achievement in relation to the financial resources, present such abstracts and reports to the senior management, inform the senior management of the different challenges and updates, and seek the advice thereof regarding various future important cases and initiatives

Requirements

• Bachelor degree

Skills