Finance Manager
- Recruiter
- SAED
- Location
- Jeddah , Saudi Arabia
- Salary
- Competitive
- Posted
- 13 Feb 2018
- Closes
- 26 Feb 2018
- Job role
- Finance manager
- Experience level
- Manager
Responsible for the timely preparation of all periodic financial and regulatory reports/statements, bank reconciliations and ageing reports
• Ensure integrity and accuracy of data is maintained through proper controls and checks and balances
• Prepare annual budget in coordination with the concerned departments
• Monitor performance against budget and reports reasons for variances
• The candidate is responsible to ensure the following
Expenses are controlled, approved in accordance with the policy and approved budget as well as prepare periodic forecast for income and expenses.
Application of approved accounting standards and policies within the department and across the organization
Adequate systems are in place to support day to day activities and to facilitate preparation of periodic financial statements and reports
Fixed asset records are properly maintained, verified on a periodic basis, and related depreciation expense is accounted for within approved accounting policies„
No backlog of transactions and regular follow ups are made to clear all outstanding items
All the accruals/amortizations are computed correctly and verified/checked
Adequate checks and balances and upfront controls are available to prevent any operational errors and frauds
• Conduct periodic self-audit to ensure all required functions are carried out in accordance with the applicable policies and procedures
• Develop and maintain departmental policies and procedures
• Perform periodic reviews of processes to streamline/automate as needed to avoid manual and/or duplication of work.