Director of Finance

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Red Sea Global
Saudi Arabia
SAR 300,000 - 400,000
Be among the first applicants.
5 days ago
Job description

Be the change. Join the worlds most visionary developer.

Red Sea Global (RSG) is showing that there is a better way to positively shape the places we live, work and travel.

We are purpose-driven and committed to people and planet. Our transformative programs are a driving force to achieving Vision 2030, as well as leading the world towards regenerative tourism.

Join RSG and be part of the positive change for Saudi Arabia and the world.

Job Purpose:

  • Oversee the financial strategic planning of the company by evaluating its performance and potential risks.
  • Provide strategic and financial guidance to ensure that the company’s financial commitments are met.
  • Oversee departmental budgetary performance and long-term financial health of the organization.

Key Areas of Responsibility

Financial Management

  • Providing strategic recommendations and development of policies and procedures to the AE/DOA and management team (Departmental heads).
  • Start-up Budget refinement and Policy and departmental segregation.
  • Oversee the preparation of the company’s financial accounts to ensure that these are presented accurately and on time.
  • Managing the processes for financial forecasting and budgets for entity and related projects.
  • Ensuring internal controls and risk management across the Company.
  • Supply Variance analysis and business-oriented feedback to the departmental heads.
  • Assist AE/ DOA on ad-hoc financial modelling and peer review for new projects.
  • As a business management peer, support the teams by providing them with the appropriate risk analysis and information for transactions/deals.
  • Peer review of Service Level Agreements, Suppliers Accounts T&Cs and bridge dialogue with Legal.
  • Lead and Complete statutory audits and ascertain good governance with minimal/no findings.
  • Monitor cash flow position and forecast for timely escalations.
  • Budgetary control and escalation of unbudgeted items.
  • Monitor and update internal SOPs as and when appropriate.
  • Advise and implement best practice methods to increase revenue and reduce costs.
  • Drive the implementation of centralized company financial library and document control.

Corporate Support & Governance

  • Human Resources departmental management and performance.
  • Governmental Relations departmental oversight and support.
  • Governance and Administration - Administrative Plan, development of administrative procedures, required policies and systems.
  • Ensure development and implementation of policies supporting smooth and adequate flow of information and interdepartmental interface within the company.
  • Evaluation and Procurement Policy Development and Standards Implementation.
  • Identify process bottlenecks.
  • Offer solutions for improvement.
  • Monitor costs and expenses to assist in budget preparation.
  • Oversee facilities services and maintenance financials.
  • Align with Corporate goals and drive management of change, organizational changes and business development within the areas of responsibility.
  • Work closely with the Director Safety and Quality on implementation of Document Control policy and Archive management.
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