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 First Resort Global Recruitment
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Finance Manager

Job Description and Requirements

Responsibilities

 

  • Assist in formulating the company’s future direction and supporting tactical initiatives.
  • Assist in performing all tasks necessary to achieve the organization’s mission and help execute staff succession and growth plans.
  • Train the Finance Unit and other staff on raising awareness and knowledge of financial management matters.
  • Participate in developing new business, specifically: assist the CEO in identifying new funding opportunities, the drafting of prospective programmatic budgets, and determining cost effectiveness of prospective service delivery.
  • Develop finance organizational strategies by contributing financial and accounting information, analysis, and recommendations to strategic thinking and direction; establishing functional objectives in line with organizational objectives.
  • Develops organization prospects by studying economic trends and revenue opportunities, projecting acquisition and expansion prospects; analysing organization operations, identifying opportunities for improvement, cost reduction, and systems enhancement; accumulating capital to fund expansion.
  • Monitors financial performance by measuring and analysing results; initiating corrective actions, minimizing the impact of variances.
  • Monitor and direct the implementation of strategic business plans.
  • Develop financial and tax strategies.
  • Manage the capital request and budgeting processes.
  • Manage the accounting, tax and treasury tasks.
  • Oversee the financial operations of subsidiary companies and JVs.
  • Oversee the company’s transaction processing systems.
  • Supervise acquisition due diligence and negotiate acquisitions.
  • Report financial results to the board of directors.
  • Understand and mitigate key elements of the company’s risk profile.
  • Monitor all open legal issues involving the company, and legal issues affecting the industry.
  • Develop and monitor reliable control systems.
  • Maintain appropriate insurance coverage.
  • Ensure that the company complies with all legal and regulatory requirements in KSA and abroad.
  • Ensure that record keeping meets the requirements of auditors and government Departments.
  • Report risk issues to the CEO and the board of directors.
  • Maintain relations with external auditors and investigate their findings and recommendations
  • Monitor cash balances and cash forecasts

 

Key Skills

 

  • Excellent analytical, organizational and writing skills.
  • Experienced in Financial Planning and Strategy, Managing Profitability, Strategic Planning, Quality Management, Promoting Process Improvement, Forecasting, Corporate Finance, Developing Budgets, Financial Skills

 

Essential Requirements

 

  • Bachelor’s degree in Finance or Accounting
  • CPA or equivalent qualification
  • At least 10 years experience in total
  • Minimum 6 years experience in management level position within Energy, Oil & Gas, Petrochemical, Construction, and/ or Industrial Manufacturing Company
  • Experience in financial management of a portfolio of companies with services, contracting and manufacturing activities for the oil and gas and energy sectors
  • Open to male Arab nationals in Saudi now with transferable Iqama

 

Salary/Compensation

 

  • Salary to be used as a guide only and will reflect experience levels and interview performance
  • Salary is up to 30k SAR per month total package