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Finance Manager

LNKD · Riyadh, Saudi Arabia

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About the CompanyAbout the RoleAs Finance Manager, you provide financial leadership and play instrumental role in formingaccounting strategies. A Finance Manager role, especially in SME companies, can include broadvisionary responsibilities as well as hands-on management.Purpose of JobThe Finance Manager will be an integral part of the finance and accounting team.Responsible completely for the finance, accounting , auditing, reporting legal and HR functions and ensure compliance.ResponsibilitiesPrincipal Accountabilities/Main TasksFINANCE, ACCOUNTING & REPORTINGPrepare and maintain all accounting-related documentsOversee all financial transactionsHandle and manage the overall Company Finances (Accounts Receivable, Accounts Payable, Banking, etc.)Reconcile and prepare quarterly VAT returns.Reconcile and prepare monthly excise returns, UBO and ESR submission if any.Prepare local reporting requirements to ZATCA, Ministry of Finance, E-invoicing and Labor departmentsActive participation in the periodic local executive management meetingsEvaluate and establish workflows and internal controls related to Finance and Personnel Structure to make sure they are in par with current regulationsBe contact person for the headquarter for all finance related topicsOwnership of the weekly and monthly reporting to the headquartersPrepare analysis and reports for the headquarter , (MIS, cashflow etc)Prepare and present financial reports and analyses to the CEO/ Group FC as needed.Responsible for Finance Department's financial reporting, budget, and long-range planning (LRP) strategy with coordination of the CEO / Group FCResponsible for the yearly Audit CompliancesFully manage the Account Receivables/Overdue processFollow up with Sales + customers (if need be) on payments and overdueManage collections management for delinquent accountsManage the corporate banking accounts with entries and upkeepingManage Payments/checks/remittances etc.. Liaising with bank, KYC completion, negotiation .Process improvements to enhance periodic reporting to remain relevant while continuously improving the quality of reporting and analytics provided to the business.Assist CEO on the budgeting processes (sales, cost, HR, payroll etc)Closely assist CEO on balancing the P&L as needed as per overall strategyParticipate in financial model simulations as needed by CEO and offer adviceAnnual budgeting and forecasts.Inventory/stock valuation & reconciliationGroup reporting, Intercompany reconciliations, Monthly HQ submissionsADMINISTRATION:Oversee all HR tasks with PRO : visa applications, renewals, cancellations, admin, disputes, contracts, Saudization.Monitor all company contractual obligations like Rentals, Leases, Insurance Policies, Annual Maintenance Contracts etc.Prepare and execute the monthly payrollImplement policies of Human Resource Management under the CEO directivesCollect, evaluate, capture, and reimburse all the staff’s expense returns as per local policiesMonitor staff’s development progress as per CEO plans and be active part of training and refreshing coursesQualificationsMinimum QualificationsProfessional degree required, like CA, ACCA, CPAFinance, Information Technology, Accounting,5+ years in a corporate accounting or finance roleDemonstrated success in financial modeling and analysisExperience with financial planning and analysis functions, including annual budget, capital budgeting, long-term strategic planning and resource allocation processes.Experience in Oracle Netsuite would be added advantange.Proficiency in spoken and written English and ArabicRequired SkillsKnowledge, Skills and Abilities:Solid understanding of accounting and finance principlesSuperior analytical skillsStrong written and oral communication skillsStrong business partnering and interpersonal skillsOrganized, flexible and easily adaptable to changing conditionsAbility to work well in high pressure situations in order to meet deadlinesHigh degree of proficiency with Excel, MS Access and PowerPointStrong project management skillsAbility to multi-task and manage numerous simultaneous prioritiesHigh energy, high ownership of work product and dedication and commitment to driving resultsCompetencies Required:Makes confident, fact-based decisionsApproaches problems from different perspectives in order to suggest and implement solutionsForecasts issues in advance in order to prevent potential impacts; both internally and externallyFacilitates communication between team members to ensure efforts are alignedTakes accountability for delivering on commitments; owns mistakes and uses them as opportunities for learning and developmentAbility to solve complex problemsAdapt at using logic and reasoning to work through problems and analyze informationPreferred SkillsPay range and compensation packageEqual Opportunity Statement