Finance Executive- Trading division

Overview

Job Title : Finance Executive - Trading division

Location : Dammam, KSA

Basic Salary : 3500 SAR, + Accommodation & Transportation

Experience Required : Minimum 3 years

Employment Type : Full-time

Responsibilities

• Manage daily financial operations for the Retail Division, including accounts payable / receivable, and general ledger entries, with a focus on retail transactions.
• Prepare accurate and timely financial reports, including balance sheets, income statements, and cash flow statements, with retail-specific KPIs.
• Develop and maintain budgets and financial forecasts for the Trading Division, considering seasonal trends and market fluctuations.
• Analyze financial data to identify trends, variances, and opportunities for improvement in retail operations, including sales performance, margin analysis, and expense control.
• Ensure compliance with all relevant financial regulations, standards, and tax laws, including those related to retail operations (e.g., sales tax, inventory valuation).
• Assist in the preparation for audits and liaise with external auditors, with a focus on retail-specific audits (e.g., inventory audits, point-of-sale system audits).
• Monitor and manage the Retail Division cash flow, including point-of-sale transactions and cash reconciliation.
• Provide financial insights and recommendations to Retail Division management to support decision-making, including pricing strategies, promotional activities, and inventory management.
• Evaluate and improve internal controls, policies, and procedures specific to retail operations, such as cash handling, inventory management, and loss prevention.
• Collaborate with other departments within the Trading Division, such as sales, operations, and merchandising, to ensure financial alignment with business goals.

Qualifications

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