Jobs Accounting/Banking/Finance Jobs in Saudi Arabia in Saudi Arabia
Randstad MENA is looking to hire a Saudi National for the Cost Control Manager role on behalf of a multi-billion manufacturing company. This is a permanent position to be based in the Eastern province of Saudi Arabia.
Responsibility
• The preparation and dissemination of internal and external financial MIS and reports through to assess the financial viability of various business options and monitor and control the costs impacting the business and various projects.
• Adapting Best World Manufacturing Financial Practices for continual improvement of effectiveness, efficiency and consistency.
• Attaining all Business results based on pre-determined targets and goals for health & safety, environment, quality, costs, productivity and resources.
Main Accountabilities:
• Policies, Systems, Process & Procedures
o Fulfill the Health & Safety responsibilities as identified in the Responsibilities and Accountabilities section of the Health & Safety Program.
o Fulfill the Environmental responsibilities as identified in the Responsibilities & Accountabilities section of the Environmental and Energy Program.
o Fulfill the Quality responsibilities as identified in the Quality Management System.
o Fulfill the responsibilities as identified in the Performance Management Process.
o Fulfill the responsibilities as identified in the Attendance Management Process.
o Provide training and development to co-workers and help maintain Standard Operating Procedures, Best Practices and Job Safe Practices to ensure the transfer of knowledge to others.
• Strategy
o Assist the CFO in developing the cost control strategy in line with the Finance functional strategy to end=sure vertical alignment and horizontal integration with other interfacing departmental strategies across AMTPJ.
• Management
o Manage the effective achievement of section objectives through the leadership of the Finance Department-setting individual objectives, recruiting qualified staff, managing performance, developing and motivating staff, provision of formal and informal feedback and appraisal-in order to maximize subordinate and department performance.
o Prepare and recommend the cost control budget and monitor financial performance versus the budget so that business is aware of anticipate cost / revenues, areas of unsatisfactory performance are identified and potential areas of cost reduction or performance improvement opportunities are capitalized upon.
o Implement budget guidelines from corporate office.
o Consolidate departmental budgets and the operations budgets in a seamless manner.
• Cost Control
o Monitor the costs of various AMTPJ projects related to various overheads and highlight significant variances to the CFO for corrective action.
• Policies, Systems, Processes and Procedures
o Recommend improvements to cost control policy and implement procedures and controls covering all areas of Costs and Budget activity so that all relevant procedural / legislative requirements are fulfilled while delivering a quality, cost effective service to customers.
• Continuous Improvement
o Contribute to the identification of opportunities for continuous improvement of Cost Control processes and practices taking into account “international best practice”, improvement of business processes, cost reduction and productivity improvement.
• MIS and Reports
o Supervise the preparation of timely and accurate departmental MIS statements and reports of AMTPJ to meet company and department requirements, policies and standards.
o Prepare Power Point graphs, charts and reports to present analysis on the financial and cost perspective of the budget.
• Inter Company Reconciliation
o Carry out reconciliation of all intercompany transactions in order to resolve all un-reconciled items to the satisfaction of shareholders.
• Certification
o Organize internal records and documentation in order to obtain certification from different bodies e.g. Tax and Financial auditors as required.
• Transfer Pricing for Inter Company Transactions
o Provide input to draft contracts on transfer pricing contracts.
o Manage the transfer pricing contracts in the operations stage jointly with commercial department.
• SAP
o Provide inputs for configuration of the Financial Module of SAP to build a customized Financial Information System which meets AMTPJ business needs.
• Risk Management
o Identify the risks in various contracts and reports such risks in order to develop and recommend risk migration and control measures and actions.
Job Details
| Date Posted: | 2016-05-25 |
| Job Location: | Eastern Province, Saudi Arabia |
| Job Role: | Accounting/Banking/Finance |
| Company Industry: | Employment Placement Agencies/Recruiting |
Preferred Candidate
| Career Level: | Management |
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