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Home Saudi Arabia ACCOUNTING & FINANCE MANAGER

ACCOUNTING & FINANCE MANAGER

Full time at a Laimoon Verified Company in Saudi Arabia
Posted on December 6, 2024

Job details

ACCOUNTING & FINANCE MANAGERFirst Resort Global RecruitmentJubail, Saudi ArabiaPosted In 2/7/2013Job DescriptionManage, control and ensure that company accounting activities and procedures conform to generally accepted accounting principles and comply with the approved policies and procedures of the company. Lead and coordinate all tasks and functions related to financial reporting, budgeting, cash flow management, and debt financing. Fulfill in a timely manner all financial obligations and requirements with third parties, i.e. external audit, Zakat, lenders, SIDF, and others.Reporting to: CFOKEY RESPONSIBILITIESManage, control and ensure that company accounting activities and procedures conform to generally accepted accounting principles.Ensure that all financial transactions are handled and processed in-line with the approved policies and procedures.Oversee the daily operations of the finance department.Prepare the monthly financial reports with all needed financial and costing analysis comparing with Budget and KPIs.Manage the preparation of the official annual report of actual revenues, transfers, and expenses.Manage the preparation of financial outlooks and financial forecasts in coordination with the CFO.Ensure that the company is continuously keeping sufficient funds to fulfill its financial obligations by preparing monthly cash flow forecasts. Monitor the actual cash flow against forecasts and take the necessary measures to remedy variances.Direct and coordinate debt financing and debt service payments with external agencies and monitor terms, conditions, and covenants and ensure compliance with the same.Prepare financial analysis for contract negotiations and product investment decisions.Ensure compliance with local, state, and federal budgetary reporting requirements.Lead and coordinate with all other departments in the preparation of the annual operating budget and developing 3-10 years business plans for the company.Recommend benchmarks for measuring the financial and operating performance.Job RequirementsExperienceMin: 5 YearsCareer LevelSeniorJob TypeFull TimeVacancies2 Open PositionsSalaryNegotiableGenderAnyDegree LevelBachelor's degreeMajorAccountingLanguagesEnglish - Very GoodJob SkillsESSENTIAL REQUIREMENTSDegree in Accounting.A minimum of 5 years of experience in a senior-level Finance or Accounting position.A CPA or CMA professional qualification preferred.Experience in privately owned (non-government) industrial or energy companies preferred.Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles.General knowledge of ERP Systems and the relation of other modules with accounting and finance modules and the associated controls.Knowledge of automated financial and accounting reporting systems.Knowledge of government financial regulations.KYE SKILLSAbility to analyze financial data and prepare financial reports, statements, and projections.Good knowledge in cost accounting and financial analysis.General knowledge of manufacturing cost accounting, i.e. product cost, inventory, standard cost, variance analysis between actual and standard cost.Working knowledge of short and long-term budgeting and forecasting, rolling budgets, and product-line profitability analysis.Professional written and verbal communication and interpersonal skills.Willingness to work on multitask, long hours, and under pressure to meet deadlines.Ability to motivate teams to produce quality materials within tight timeframes and manage several projects.Ability to participate in and facilitate group meetings.About The CompanyFirst Resort Global Recruitment delivers tailor-made recruitment solutions to selected companies around the world. The team combines Arabic and Western recruiters and business experts from various locations, ensuring they provide the best advice to candidates about relocating and finding top-quality candidates that match both location and organizational cultural needs.Company IndustryRecruitment Agencies

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