Finance Manager (Arab National) in Saudi Arabia

Pinpoint HR
Dammam, Saudi Arabia
Competitive salary
31 Jul 2019
29 Sep 2019
Job role
Finance manager
· To manage financial activities/operational issues related to finance and to meet the objectives set for the organization.

· Plan, organize, coordinate, manage and control all functions of finance and account sections.

· Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, and/or reports required by the higher management.

· Manage employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.

· Maintain current knowledge of company policies and procedures, and current accounting standards.

· Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with organization as well as government requirements and regulations.

· Receive and record requests for disbursements; authorize disbursements in accordance with policies and procedures.

· Monitor financial activities and details such as reserve levels to ensure that all legal and regulatory requirements are met.

· Monitor and evaluate the performance of accounting and other financial staff; recommend and implement personnel actions such as promotions and dismissals.

· Develop and maintain relationships with banking, insurance, and non-organizational accounting personnel in order to facilitate financial activities.

· Coordinate and manage the financial planning, budgeting, procurement, or investment activities of all or part of an organization.

· Develop internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting.

· Analyze the financial details of past, present, and expected operations in order to identify development opportunities and areas where improvement is needed.

· Advise management on short-term and long-term financial objectives, policies, and actions.

· Evaluate needs for procurement of funds and investment of surpluses, and make appropriate recommendations.

· Lead staff training and development in budgeting and financial management areas.

· Monitor Receipt of cash and checks, and deposit funds.

· Compute, withhold, and account for all payroll deductions.

· Determine depreciation rates to apply to capitalized items, and advise management on actions regarding the purchase, lease, or disposal of such items.

· Make financial analysis and give recommendations on them

· Participating in strategic planning, and formulating long-term business plans.

· Conducting reviews and evaluations for cost-reduction opportunities.

· Monitoring cash flow, receivable and inventory control.

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