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Finance Manager
TRAC Executive Search & SelectionRiyadh, Riyadh Region, Saudi Arabia1 day ago
Job descriptionOversee the daily operation of the finance function, coordinating schedules, activities, and reports with other departments. Establish, implement, and maintain operating procedures, such as accounts receivable, accounts payable, payroll, budget, and internal controls covering all accounting activities. Supervise non-exempt clerical and accounting employees, overseeing, and managing the accounting team. Train employees in company accounting procedures. Evaluate subordinate work performance and conformance to regulations, making appropriate recommendations in line with the company review process. Investigate complex financial transactions and prepare reports summarizing the findings. Act as the board of directors' secretary during EXCO and BOD meetings, following up on all board matters and action items. Develop, implement, modify, and document record-keeping and accounting systems, making use of current computer technology. Develop accounting forms and manuals for accounting staff and direct their work activities. Survey operations to ascertain accounting needs and recommend, develop, and maintain solutions to business and financial problems. Provide internal and external auditing services for the company. Perform and supervise financial reporting, accounting, billing, collections, payroll, and budgeting duties. Implement ERP systems (Oracle, Microsoft, SAP). Identify areas for efficient cost management and areas of improvement. Support the supply chain team in supplier negotiations, selections, & inventory management. Keep daily track of all business-related bank accounts. Establish and maintain relationships with banks. Negotiate bank facilities such as LC's and bank guarantees, bonds, interest rates, and fees. Create and develop finance, accounting, HR, and administration policies and procedures. Design, oversee, and enforce the implementation of operational policies and procedures, and internal controls covering all areas of accounting activities. 15+ years of experience in a similar role. Bachelor’s degree in Accounting or Finance / Master’s degree (preferable). CPA OR CA certification is a MUST. Excellent written and verbal communication skills in English and Arabic is a MUST. Experience working in an MEP, construction, or contracting industry in KSA is a MUST. Experience managing a team, and developing and implementing new processes and policies are all a MUST. Excellent PC skills and thorough knowledge of MS Office. Experience using Accounting Software, Tally, Microsoft Dynamics, or other ERP is a MUST. Solid understanding of the start-up environment. Highly competitive package. Based in Riyadh, KSA. Mid-Senior level Full-time Finance, Accounting / Auditing, and General Business Industries : Construction and Engineering Services
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Our Client
Our client is an energy efficiency systems integration partner providing turnkey solutions for facilities. Their system provides real time data for energy performance and cost savings while providing the facility needs through sustainable energy optimization. They integrate with existing building automation systems and offer a holistic approach to significantly reducing operational expenses.
Role
We are looking to place a Finance Manager to develop and manage the finance activities with direction from company executives.
Tasks and Duties
Financial Reporting and Analysis
- Prepare, examine, and analyze accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
- Analyze financial information and prepare financial reports to determine or maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within the company.
- Provide executives with up-to-date information on upcoming VAT, ensuring compliance with payment, reporting, and other tax requirements.
- Prepare monthly financial reports, including the EXCO monthly, quarterly, and annual presentations.
- Prepare monthly cash flow forecasts using the previous six months and forecasting the coming twelve months.
- Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
- Develop KPIs for the finance and accounting team.
Operational Management
Cost Control and Support
Policy Development and Compliance
Profile & Background
Other
ONLY QUALIFIED CANDIDATES WILL BE CONTACTED
Seniority level
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Finance Manager • Riyadh, Riyadh Region, Saudi Arabia
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