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Senior Manager of Financial Control

Senior Manager of Financial Control

Ejadah Management ConsultancyRiyadh, Saudi Arabia
منذ أكثر من 30 يومًا
الوصف الوظيفي

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Senior Manager of Financial Control, Finance (formerly Financial Control Manager)

Reports to

Vice President – Finance

Purpose

To oversee all financial accounting and project-related accounting by leading the Finance team, ensuring funds availability, necessary payments, and preparing reports on expenditures, trends, and project interests.

Strategic Importance

Provide up-to-date details on current performance and profitability to support strategic decision-making by the Vice President – Finance. Advise on treasury management and strategic financial management, contributing to the overall business strategy. Ensure that financial transactions are managed and performed according to approved standards, maintaining the company’s good reputation in the industry.

Key Relationships

External

External Auditor Company Bank Account Manager

Internal

Vice President – Finance Financial Control Manager, UAE Treasury & Risk Manager Budget & Forecast Manager Vice President – Marketing & Sales Regional General Sales Manager, KSA

Key Responsibilities

Responsible for financial accounting mainly related to sales, production, and other company expenditures and billing. Record and maintain accounts in line with company policies covering all expenditures, capital expenses, and operating costs. Report to the Vice President – Finance on the financial status, budgets, and forecasts as required, including weekly overviews and quarterly budget reports with profit and loss analysis, allocations, and the annual balance sheet. Recommend corrective budget actions as needed based on accounts and company financial requirements. Act as an authorized signatory alongside the Vice President – Finance. Conduct quarterly cost control (industrial) analysis and review overall performance, ensuring compliance with company standards. Approve supplier invoices and ensure timely payments. Receive product sales notices and ensure invoicing is completed. Provide monthly reconciliation of receivables and invoices with the Sales team regarding received or outstanding payments. Ensure cash availability to meet current obligations by notifying the Treasury & Risk Manager of funding needs. Consolidate all financial performance and transactions across regions (KSA and UAE). Lead the Finance team with a strong focus on accurate quarterly account evaluations and timely approvals, ensuring proper oversight at all levels. Manage annual leave, sick leave, capacity, and compliance issues within the Finance team according to company policy.

Expected Goals & Standards

Provide financial reports as per approved frequencies and timelines. Complete payments to suppliers as per approved schedules. Monitor receivables from clients according to approved schedules. Ensure accurate year-end budget balances. Perform, write, and sign 100% of required evaluations for all team members within key periods.

Key Authorities & Dimensions

Authorized signatory for the company. Financial control of business budgets in KSA and consolidation for the unified company in KSA and UAE. Advise Vice Presidents for Marketing, Sales, Operations, and Finance on the company’s financial health. Responsible for a team of 15 employees.

Qualifications

Qualifications & Experience

Bachelor’s degree in Accounting Minimum of 10 years’ experience in financial control, auditing, and analysis at a senior corporate level with clients in companies with revenues not less than SAR 500 million.

Business management qualifications are required if industry experience is less than 10 years.

Competencies & Skills

Report writing Ability to provide and advise on financial recommendations Ability to analyze trends and interpret data Strict adherence to financial policies and formats Team leadership

Seniority level

Seniority level Director Employment type

Employment type Full-time Job function

Job function Finance and Sales Industries Human Resources Services Referrals increase your chances of interviewing at Ejadah Management Consultancy by 2x Get notified about new Financial Control Manager jobs in

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