Head Of Finance - KSA

Full time at Almajdouie in Saudi Arabia

Posted on December 17, 2024

Job details

Head Of Finance - KSA Company Description Our main aim in starting our business in the Kingdom of Saudi Arabia is to encourage and facilitate trading between Iraq and Saudi Arabia in light of the increasing growth of exports between the two countries. This will give the bank an opportunity to expand the scope of services it provides to the clients in the corporate sector located in Jordan, Iraq, the UAE, and Saudi Arabia by directly providing them with commercial services and all banking services and facilities. The National Bank of Iraq will also be given the opportunity to increase its market share from the total commercial transactions between Saudi Arabia and Iraq, by providing services to strategic corporate clients and facilitating their commercial transactions. The bank will also be able to cover the untapped sectors of the Saudi trade market. It is worth noting that the bank has signed important agreements to finance trade between Iraq and Saudi Arabia; the most important among them is the financing agreement signed with the Saudi Fund for Development (SFD), in which the Saudi fund has granted credit ceilings through which financial facilities are granted to Iraqi investors wishing to import products and services from Saudi companies. The Bank and Capital Bank also signed a credit ceiling agreement with the Saudi Exim Bank with the aim of supporting importers of Saudi goods and products in Jordan and Iraq. Services and financing solutions provided by the bank’s branch in the Kingdom of Saudi Arabia include:

Remittance services inside and outside Saudi Arabia
Issued and received letters of credit
Issuance of letters of guarantee
Direct financial facilities with short-term financing
Corporate Fixed Deposit Accounts

Job Description Financial Oversight: Oversee and implement financial, accounting, and administrative procedures, ensuring compliance with established policies and regulations. Financial Activities Monitoring: Monitor all financial activities, ensuring accurate preparation of financial statements and annual budgets. System Compliance: Ensure adherence to approved financial systems and standards set by the bank, as well as compliance with international accounting standards. Analysis and Reporting: Analyze financial reports and monitor key performance indicators, providing insights for decision-making. Reconciliation: Conduct necessary reconciliations on financial balances and transactions, ensuring accuracy and completeness. Adjustments and Settlements: Perform necessary adjustments and settlements to maintain the integrity of financial records. Collaboration: Collaborate with other departments to support financial planning and strategy development. Qualifications Bachelor’s degree in Finance, Accounting, or a related field; a Master's degree or professional certification (e.g., CPA, CFA) is preferred. 5+ years of experience in finance and accounting, with a strong understanding of banking operations. Proficiency in financial analysis and reporting. Strong leadership and team management skills. Additional Information Job Location Head Of Finance - KSA KAFD Ring Rd, Al Aqiq, Riyadh 13519, Saudi Arabia #J-18808-Ljbffr

Apply safely

To stay safe in your job search, information on common scams and to get free expert advice, we recommend that you visit SAFERjobs, a non-profit, joint industry and law enforcement organization working to combat job scams.

Hiring company

Almajdouie

See All Almajdouie Jobs

Improve your chance to get this job. Do an online course on Sales and Negotiation starting now.

Commercial Property Solicitor Course Gate

AED 47
~~AED 1,028~~

Duration: Upto 6 Hours

Enrol
Level 4 Business and Administrative Management Academy for Health & Fitness

AED 799

Duration: Upto 90 Hours

Enrol

See all courses

See All Head Jobs

Head Of Finance - KSA

Job details

Apply safely

Hiring company

Almajdouie

Sr Counsel - Corporate & Project Finance

Contracts Management Department Manager - Head office

Water Treatment Electromechanical Engineer/Technician - KSA

Sales Manager - KSA

Low Carbon Hydrogen Business Development Professional

Low Carbon Hydrogen Business Development Professional

Business Development Professional - Mergers & Acquisitions

Business Development Professional - Mergers & Acquisitions

Sr Counsel - Jv Development

Sr Counsel - JV Development

Business Development Professional - Asia Market

Business Development Professional - Europe Market

Business Development Professional - Asia Market

Business Development Professional - Europe Market

Business Development Director (Energy) Geophysics

Well Test Supervisor

Quality Engineer

HSE TRAINING COORDINATOR

Cladder

Jobs

Courses

Location

Follow us

Home Saudi Arabia Head Of Finance - KSA

Home Saudi Arabia Head Of Finance - KSA

Head Of Finance - KSA

Job details

Apply safely

Hiring company

Almajdouie

Similiar Jobs that might interest you

Sr Counsel - Corporate & Project Finance

Contracts Management Department Manager - Head office

Water Treatment Electromechanical Engineer/Technician - KSA

Sales Manager - KSA

Low Carbon Hydrogen Business Development Professional

Low Carbon Hydrogen Business Development Professional

Business Development Professional - Mergers & Acquisitions

Business Development Professional - Mergers & Acquisitions

Sr Counsel - Jv Development

Sr Counsel - JV Development

Business Development Professional - Asia Market

Business Development Professional - Europe Market

Business Development Professional - Asia Market

Business Development Professional - Europe Market

Business Development Director (Energy) Geophysics

Well Test Supervisor

Quality Engineer

HSE TRAINING COORDINATOR

Cladder

Why are you reporting this job?

Laimoon Job Alert fresh jobs directly from websites*

Jobs

Courses

Location

Follow us