Jobs Accounting/Banking/Finance Jobs in Saudi Arabia in Saudi Arabia
Primary Objectives:
To provide and be responsible for a comprehensive, high quality, efficient and effective Finance service, including but not limited to budgeting, bookkeeping, orders/invoices, credit control, financial forecasting, and reporting to Board / Management.
• Ensure that all functions of finance department are properly administered and monitored.
• Review financial systems, procedures and internal controls to ensure they comply with applicable standards and laws.
• Co-ordinate, plans, organise, prepare, and evaluate the Company’s annual budget for approval by the Management.
• Analyze financial performance against key business metrics and document pertinent financial highlights that will enable management to determine progress against budgets.
• Act as cheque signatory for and authorise expenditure up to limits as agreed by the Management.
• Ensure, delegating as appropriate, that each service location is adequately managed, staffed and resourced.
• Oversee the operations of multi-location branches in and outside Saudi Arabia, if any.
• Work with braches’ Accounts Managers to ensure strict adherence to financial management requirements and reporting.
• Formulating strategies to be used in the long-term financial plans for Company.
• Analyzing the performance of competitors and the marketing trends.
• Ensure the inventory control measures are in place to minimizes stockholding and maximizes stock system and paperwork accuracy.
• Developing good working relationships with professionals such as bankers, auditors or statutory organizations for the benefit of the Company.
• Establish procedures for custody and control of assets, records, loan collateral, and securities, in order to ensure safekeeping.
• Monitoring cash flows and using the same to predict future financial trends.
• Producing accurate financial reports to specific deadlines.
• Evaluate financial reporting systems, accounting and collection procedures, and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions.
• Plan, direct, and coordinate risk and insurance programs of establishments to control risks and losses.
Updating the Company regarding changes in legislation or regulations that may affect the Company’s business operation.
• Review financial statements and supporting schedules according to monthly close schedule.
• Supervise the external audit processes, ensuring that the Auditors are supplied with information as required, within the agreed timetable and that staff are available for interim and final audits.
Job Details
Date Posted: | 2016-11-17 |
Job Location: | Eastern Province, Saudi Arabia |
Job Role: | Accounting/Banking/Finance |
Company Industry: | Other |
Preferred Candidate
Career Level: | Management |
Gender: | Male |
Nationality: | United Arab Emirates; Bahrain; Djibouti; Algeria; Egypt; Iraq; Jordan; Comoros; Kuwait; Lebanon; Libya; Morocco; Mauritania; Oman; Palestine; Qatar; Saudi Arabia; Sudan; Somalia; Syria; Tunisia; Yemen |
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