Overview
JOB PURPOSE
Accounting and control : Accounting and Control in the Finance Department involve the integrated process of recording, analyzing, and interpreting financial transactions while establishing and implementing measures to ensure accuracy, reliability, and compliance with financial standards. This function encompasses maintaining financial records, preparing accurate reports, and establishing internal controls to safeguard assets, prevent fraud, and achieve financial efficiency.
Responsibilities
Create a plan to deliver and review financial policies, guidelines, and protocols to ensure the company complies with regulations and good financial practice.
Manage a significant portion of the organization\'s financial management and / or control processes. Own the development of financial systems for the company or group. Own the governance of finance systems to ensure they adhere to group accounting and statutory rules.
Make authoritative recommendations that have a significant impact on the business over the short and long term. Recommendations could be technical or professional in nature.
Communicate the actions needed to implement the function\'s strategy and business plan within the team; explain the relationship to the broader organization\'s mission, vision and values; motivate people to commit to these and to doing extraordinary things to achieve local business goals.
Ensure that business activities within the area of responsibility comply with relevant external regulatory and / or voluntary codes and with internal policies and procedures to minimize business risk and to protect the reputation of the organization.
Contribute to the development of annual and longer-term business plans; forecast performance against business KPIs; develop business cases for key activities / projects; and estimate the financial and human resources required to deliver performance targets.
Manage and report on performance within the department or area of responsibility; set appropriate performance objectives for direct reports and hold them accountable for achieving these; take appropriate corrective action where necessary to ensure the achievement of annual business objectives.
Use the organization\'s formal development framework to identify the team\'s individual development needs. Plan and implement actions, including continuing professional development specified by professional or regulatory institutions, to build their professional capabilities. Provide informal training or coaching to others throughout the organization in own area of expertise to enable others to improve performance and fulfill personal potential.
Manage budget plans for a department; could involve development or delivery (or both).
Provide specialist advice on the interpretation and application of policies and procedures, resolving complex or contentious queries and issues and enabling others to take appropriate actions.
Qualifications
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Accountant • Saudi Arabia