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Finance Manager

Early Applicant
  • Posted 7 months ago
  • Be among the first 10 applicants

Job Description

The Company

Globe 24-7 in partnership with a key client are working together to source experienced and qualified Arabic Finance Manager for their office in Jeddah.

The Responsibilities

Financial Management & Reporting

  • Manage all finance and accounting functions for the company's KSA operations.
  • Prepare accurate and timely financial statements, including profit & loss, balance sheet, and cash flow statements.
  • Ensure compliance with IFRS and Saudi financial regulations.
  • Provide financial analysis, insights, and recommendations to senior management.

Payroll Management

  • Oversee and manage end-to-end payroll processing for all KSA employees.
  • Ensure payroll compliance with Saudi Labor Law, GOSI, and statutory deductions.
  • Maintain accurate payroll records and coordinate with HR on employee changes, benefits, and terminations.
  • Reconcile payroll accounts and resolve discrepancies in a timely manner.

Accounting Records – KSA Format

  • Maintain and manage financial records in accordance with KSA statutory requirements.
  • Ensure proper documentation, filing, and retention of financial records in the required KSA format.

Budgeting, Forecasting & Cost Control

  • Lead the annual budgeting and financial planning process for KSA operations.
  • Monitor actual performance against budget and provide variance analysis.
  • Support project and exploration cost tracking, control, and reporting.
  • Provide financial forecasts and scenario analysis to support strategic decision-making.

Treasury & Cash Flow Management

  • Manage cash flow, banking relationships, and financial transactions.
  • Monitor working capital and ensure sufficient liquidity for operations.
  • Oversee payments to suppliers, contractors, and service providers.
  • Implement financial risk management and internal controls.

Liaison with Parent Company

  • Act as the primary finance contact between the KSA entity and the parent company.
  • Provide regular financial updates, reports, and analyses to the parent company finance team.
  • Align local financial practices with group policies and reporting requirements.
  • Support group consolidation and audit processes as required.

Support for Potential Joint Venture (JV) Company

  • Support financial planning and structuring for a potential JV company in KSA.
  • Assist in setting up financial systems, policies, and reporting frameworks for the JV.
  • Liaise with parent company finance managers regarding JV financial operations, budgeting, and governance.
  • Provide financial insights and recommendations related to JV feasibility and performance.

The Requirements

Education

  • Bachelor's degree in Finance, Accounting, or related field.
  • Arabic speaking

Experience

  • 2–5 years Financial experience
  • Experience in mining, construction, or heavy industry is highly preferred.
  • Proven experience in payroll management, statutory reporting, and financial controls.

The Rewards

The position offers a competitive remuneration package.

Contact Us

Please apply directly by submitting your resume, preferably as a Microsoft Word document.

More Info

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About Company

Job ID: 139976323

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