About the Company
About the Role
As Finance Manager, you provide financial leadership and play instrumental role in formingaccounting strategies. A Finance Manager role, especially in SME companies, can include broadvisionary responsibilities as well as hands-on management.
Purpose of Job
- The Finance Manager will be an integral part of the finance and accounting team.
- Responsible completely for the finance, accounting , auditing, reporting legal and HR functions and ensure compliance.
Responsibilities
Principal Accountabilities/Main Tasks
- FINANCE, ACCOUNTING & REPORTING
- Prepare and maintain all accounting-related documents
- Oversee all financial transactions
- Handle and manage the overall Company Finances (Accounts Receivable, Accounts Payable, Banking, etc.)
- Reconcile and prepare quarterly VAT returns.
- Reconcile and prepare monthly excise returns, UBO and ESR submission if any.
- Prepare local reporting requirements to ZATCA, Ministry of Finance, E-invoicing and Labor departments
- Active participation in the periodic local executive management meetings
- Evaluate and establish workflows and internal controls related to Finance and Personnel Structure to make sure they are in par with current regulations
- Be contact person for the headquarter for all finance related topics
- Ownership of the weekly and monthly reporting to the headquarters
- Prepare analysis and reports for the headquarter , (MIS, cashflow etc)
- Prepare and present financial reports and analyses to the CEO/ Group FC as needed.
- Responsible for Finance Department's financial reporting, budget, and long-range planning (LRP) strategy with coordination of the CEO / Group FC
- Responsible for the yearly Audit Compliances
- Fully manage the Account Receivables/Overdue process
- Follow up with Sales + customers (if need be) on payments and overdue
- Manage collections management for delinquent accounts
- Manage the corporate banking accounts with entries and upkeeping
- Manage Payments/checks/remittances etc.. Liaising with bank, KYC completion, negotiation .
- Process improvements to enhance periodic reporting to remain relevant while continuously improving the quality of reporting and analytics provided to the business.
- Assist CEO on the budgeting processes (sales, cost, HR, payroll etc)
- Closely assist CEO on balancing the P&L as needed as per overall strategy
- Participate in financial model simulations as needed by CEO and offer advice
- Annual budgeting and forecasts.
- Inventory/stock valuation & reconciliation
- Group reporting, Intercompany reconciliations, Monthly HQ submissions
- ADMINISTRATION:
- Oversee all HR tasks with PRO : visa applications, renewals, cancellations, admin, disputes, contracts, Saudization.
- Monitor all company contractual obligations like Rentals, Leases, Insurance Policies, Annual Maintenance Contracts etc.
- Prepare and execute the monthly payroll
- Implement policies of Human Resource Management under the CEO directives
- Collect, evaluate, capture, and reimburse all the staff’s expense returns as per local policies
- Monitor staff’s development progress as per CEO plans and be active part of training and refreshing courses
Qualifications
Minimum Qualifications
- Professional degree required, like CA, ACCA, CPA
- Finance, Information Technology, Accounting,
- 5+ years in a corporate accounting or finance role
- Demonstrated success in financial modeling and analysis
- Experience with financial planning and analysis functions, including annual budget, capital budgeting, long-term strategic planning and resource allocation processes.
- Experience in Oracle Netsuite would be added advantange.
- Proficiency in spoken and written English and Arabic
Required Skills
Knowledge, Skills and Abilities:
- Solid understanding of accounting and finance principles
- Superior analytical skills
- Strong written and oral communication skills
- Strong business partnering and interpersonal skills
- Organized, flexible and easily adaptable to changing conditions
- Ability to work well in high pressure situations in order to meet deadlines
- High degree of proficiency with Excel, MS Access and PowerPoint
- Strong project management skills
- Ability to multi-task and manage numerous simultaneous priorities
- High energy, high ownership of work product and dedication and commitment to driving results
Competencies Required:
- Makes confident, fact-based decisions
- Approaches problems from different perspectives in order to suggest and implement solutions
- Forecasts issues in advance in order to prevent potential impacts; both internally and externally
- Facilitates communication between team members to ensure efforts are aligned
- Takes accountability for delivering on commitments; owns mistakes and uses them as opportunities for learning and development
- Ability to solve complex problems
- Adapt at using logic and reasoning to work through problems and analyze information
Preferred Skills
Pay range and compensation package
Equal Opportunity Statement
