Finance Manager

Overview

The Finance Manager plays a pivotal leadership role in guiding the company's financial strategy and operations, especially crucial within SME settings. This position demands both visionary leadership and hands-on management capabilities in finance and accounting domains.

Key Responsibilities

• Manage all aspects of finance, accounting, auditing, reporting, legal, and HR functions ensuring compliance with applicable regulations.
• Prepare and maintain comprehensive accounting documentation and oversee all financial transactions.
• Manage company finances including accounts receivable, accounts payable, and banking operations.
• Conduct reconciliations and prepare VAT quarterly returns, monthly excise returns, and handle UBO and ESR submissions if applicable.
• Fulfill local reporting requirements to ZATCA, Ministry of Finance, E-invoicing, and Labor departments.
• Participate actively in periodic local executive management meetings.
• Assess and optimize workflows and internal controls in finance and personnel structure to align with current legislative standards.
• Serve as primary contact for headquarters on all finance matters and manage weekly and monthly reporting to them.
• Prepare management information system reports, cash flow analyses, and present financial data to CEO and Group Finance Controller as required.
• Lead the finance department’s financial reporting, budgeting, and long-range planning aligned with CEO and Group FC direction.
• Handle yearly audit compliance processes and fully manage accounts receivable and overdue collections.
• Coordinate with sales and customers for payments follow-up and manage collections for delinquent accounts.
• Maintain and manage corporate banking accounts, including entries, payments, checks, remittances, KYC compliance, and bank negotiations.
• Drive process improvements to enhance periodic financial reporting and analytics quality.
• Assist CEO in budgeting processes including sales, costs, HR, payroll balancing, and strategic financial simulations.
• Conduct annual budgeting, forecasting, inventory valuation, intercompany reconciliations, and group reporting to headquarters.
• Oversee all HR administrative duties including visa processes, contracts, Saudization compliance, payroll preparation, and staff expense reimbursements.
• Manage company contracts such as rentals, leases, insurance, and annual maintenance agreements.
• Monitor staff development and actively participate in training and refresher courses.

Skills and Competencies

• In-depth knowledge of finance and accounting principles.
• Exceptional analytical and problem-solving abilities.
• Strong communication skills, both written and verbal.
• Effective interpersonal skills and business partnering capability.
• Organized, adaptable, and capable of working under pressure to meet deadlines.
• Advanced proficiency in Excel, MS Access, and PowerPoint.
• Strong project management and multitasking skills.
• High energy with strong ownership and commitment to results.
• Confident decision-making based on data and facts.
• Proactive in foreseeing and mitigating internal and external risks.
• Accountable and open to learning from mistakes.

Qualifications and Experience

• Professional finance or accounting qualification such as CA, ACCA, or CPA.
• Degree in Finance, Information Technology, Accounting, or related fields.
• Minimum 5 years experience in corporate finance or accounting roles.
• Proven expertise in financial modeling, budgeting, strategic planning, and resource allocation.
• Experience with Oracle Netsuite is advantageous.
• Fluency in English and Arabic, both spoken and written.