Finance Manager

Recruiter
Front End
Location
Khobar, Al Mintaqah ash Sharqiyah, Saudi Arabia
Salary
Competitive salary
Posted
29 May 2019
Closes
16 Jun 2019
Ref
5d04c6f7e4b05cc0fb6d9554
Job role
Finance manager
Job description
  • Handle full spectrum of financial and cost accounting role eg. AR, AP, GL, forecasting, budgeting etc.
  • Responsible for day to day finance and accounts operations.
  • Perform full set of accounts and ensure timely closing of accounts.
  • Perform project cost forecasts/budgets, cost tracking, monitoring and controls.
  • Experience in supporting direct line manager in building 3 year and 5 year business plans.
  • Responsible for timely monthly consolidated financial statements, payments, cash-flow management reporting for submission to Leadership Team.
  • Review & approve payment vouchers & journal entries.
  • Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis.
  • Issue project cost reports for review and approval.
  • Develop and maintain internal control and effective accounting system and policies for the set up.
  • Support CFO in ensuring that intercompany cost allocations are in line with management agreements and transfer pricing policy.
  • Establish and maintain systems for cost-sensitivity analysis and early-warning of cost-overruns.
  • Work consultatively with the respective departments on cost reduction initiatives.
  • Assist in auditing activities by providing necessary information and preparing requested documentations.
  • Experience in IKTVA is extremely important.
  • Provides leadership in the development for the continuous evaluation of short and long-term strategic financial objectives.
  • Ensure credibility of Finance group by providing timely and accurate analysis of budgets, financial trends and forecasts.
  • Direct and oversee all aspects of the Finance & Accounting functions of the organization.
  • Evaluates and advises on the impact of long range planning, introduction of new programs/ strategies and regulatory action.
  • Establish and maintain strong relationships with senior executives so as to identify their needs and seek full range of business solutions.
  • Provide executive management with advice on the financial implications of business activities.
  • Manage processes for financial forecasting, budgets and consolidation and reporting to the Company.
  • Provide recommendations to strategically enhance financial performance and business opportunities.
  • ZAKAT and Saudi Laws are highly required to be considered for the job.


Requirements
  • CA, CPA or ACCA qualification minimum.
  • Min 3-5 years relevant experience in financial & management accounting particularly in Oil & Gas-Offshore Construction/Marine Industry is preferred.
  • Relevant experience in audit and costing is advantageous.
  • Excellent strategic planning skills and able to interact with all levels.
  • Good MS Office skills particularly strong capabilities in MS Excel.
  • Able to work independently and highly meticulous.
  • Working experience of 3 years+ in Oracle Net Suite is highly regarded.
  • Familiarity in US GAAP and SOX is advantageous.
  • Based in Saudi Arabia.


Interested? You can apply via the application button.

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