Finance Manager

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avua
Saudi Arabia
SAR 150,000 - 200,000
Be among the first applicants.
3 days ago
Job description

Key Responsibilities:

  • Develop and manage the annual budgeting process, including forecasting revenue, expenses, and cash flow. Analyze financial data to provide insights and recommendations to senior management.
  • Prepare and present accurate financial reports, including income statements, balance sheets, cash flow statements, and variance analyses to stakeholders and executive leadership.
  • Monitor and control costs, identifying areas for efficiency improvements, and implementing cost-saving measures where appropriate.
  • Ensure compliance with financial regulations, accounting standards, and internal policies. Oversee tax planning and filing, as well as audit processes.
  • Lead, mentor, and develop the finance team, providing guidance on financial management practices and fostering a culture of continuous improvement.
  • Identify and assess financial risks, implementing strategies to mitigate them, including maintaining appropriate insurance coverage, managing credit risk, and ensuring effective internal controls.
  • Monitor and manage cash flow to ensure the organization has sufficient funds to meet its operational needs. Oversee treasury functions and manage relationships with banks and financial institutions.
  • Evaluate and recommend investment opportunities, including capital projects, mergers and acquisitions, and other strategic initiatives.
  • Oversee the implementation and management of financial systems and software to ensure efficient financial operations and reporting.
  • Act as a key point of contact for financial matters with external stakeholders, including investors, auditors, and regulatory bodies.

Required Skills and Qualifications:

  • Strong understanding of financial management principles, including accounting, financial analysis, budgeting, and forecasting.
  • Proficiency with financial software and tools, such as ERP systems (e.g., SAP, Oracle), Microsoft Excel, and financial modeling software.
  • Significant experience in finance or accounting, with a proven track record in a managerial or leadership role.
  • Strong leadership and team management skills, with experience in building and motivating high-performing finance teams.
  • Excellent analytical and problem-solving abilities, with the ability to interpret complex financial data and make strategic recommendations.
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