Finance Manager
- Recruiter
- BlackRock
- Location
- Jeddah , Saudi Arabia
- Salary
- Competitive
- Posted
- 08 Jan 2019
- Closes
- 08 Jan 2019
- Ref
- 3870007
- Job role
- Finance manager
- Sector
- Property and construction
- Experience level
- Manager
Our Client, a well reputed construction company is looking to hire a Finance Manager.
The Finance Manager (FM) is responsible for all accounting activities and related financial aspects of the business.
The FM will lead the entire accounting team, implement accounting policy and direction and ensure timely and accurate reporting of financial statements and relevant performance drivers.
Being a custodian, the FM will instill governance to enhance the short and long-term value of the business.
Major Responsibilities:
• Lead the financial accounting and reporting team
• Build the capabilities and succession within the team to ensure continuity and a high-level of performance.
• Assume overall responsibility of financial reporting function to ensure timely and accurate reporting of all financial reports including interim and annual financial statements and results in accordance with IFRS.
• Coordinate with external auditors to ensure smooth and timely completion of interim and annual audits.
• Develop; implement and monitor, internal policies, procedures and controls to ensure robust checks and balances are in place for proper and effective governance.
• Effectively utilize IT/business systems to ensure proper and effective control and integrity of information required for effective decision making.
• Oversee and continuously improve forecasting process by effectively working with the various stakeholders.
• Support the CFO in managing the treasury activities including monitoring the cash position and effectively managing and forecasting cash flow.
• Communicate with banks, negotiate fees and ensure optimal utilization of available funding options.
• Pursue continuous improvement opportunities in processes and procedures to improve working capital with a laser focus on receivables and collections
• Continuously review finance processes and identify areas for improvement including automation of processes to ensure optimum utilization of resources.
The Finance Manager (FM) is responsible for all accounting activities and related financial aspects of the business.
The FM will lead the entire accounting team, implement accounting policy and direction and ensure timely and accurate reporting of financial statements and relevant performance drivers.
Being a custodian, the FM will instill governance to enhance the short and long-term value of the business.
Major Responsibilities:
• Lead the financial accounting and reporting team
• Build the capabilities and succession within the team to ensure continuity and a high-level of performance.
• Assume overall responsibility of financial reporting function to ensure timely and accurate reporting of all financial reports including interim and annual financial statements and results in accordance with IFRS.
• Coordinate with external auditors to ensure smooth and timely completion of interim and annual audits.
• Develop; implement and monitor, internal policies, procedures and controls to ensure robust checks and balances are in place for proper and effective governance.
• Effectively utilize IT/business systems to ensure proper and effective control and integrity of information required for effective decision making.
• Oversee and continuously improve forecasting process by effectively working with the various stakeholders.
• Support the CFO in managing the treasury activities including monitoring the cash position and effectively managing and forecasting cash flow.
• Communicate with banks, negotiate fees and ensure optimal utilization of available funding options.
• Pursue continuous improvement opportunities in processes and procedures to improve working capital with a laser focus on receivables and collections
• Continuously review finance processes and identify areas for improvement including automation of processes to ensure optimum utilization of resources.