Director Of Finance

Location
Riyadh, Saudi Arabia
Salary
Competitive salary
Posted
29 Aug 2020
Closes
28 Oct 2020
Ref
4219977
Job role
Finance director
Experience level
Director
On behalf of a global FMCG client, we are hiring an experienced Finance Directorto oversee all financial aspects of business and drive the company’s financial strategy and planning. You will report to the Company President and be responsible for assessing the financial performance of the company as well as possible risks and investments.

The individual will bring energy and insight as they work across the organization ensuring key financial considerations are understood and incorporated into various projects and initiatives.

The individual will manage a team of direct reports ensuring the team continues its strong development individually and collectively oversee allfinancialactivities, reporting on revenue, training accounting staff, budgeting, disbursing funds to departments, managing risk, implementing policies, and improvingfinancialprocesses.

  • Drive the financial planning of the company by analysing its performance and risks.

  • Retain constant awareness of the company’s financial position and act to prevent problems oversee the company’s finance IT system.

  • Set targets for and supervise all accounting and finance personnel (management accountants, internal auditors, etc.).

  • Oversee all audit and internal control operations.

  • Prepare timely and detailed reports on financial performance on a quarterly and annual basis.

  • Conduct analysis to make forecasts and report to the company President

  • Ensure adherence to financial laws and guidelines

  • Build positive relationships across the organization founded on understanding how the business operates today and how it is evolving to meet our financial and operational objectives in the future.

  • Engage with initiative owners to understand current and potential projects; help shape project progression while ensuring financial implications are understood and communicated

  • Providing financial leadership & analysis to support key strategic investment decisions for the Business.

  • Handle the day-to-day financial activities related to financial planning, cash management, treasury management reporting & analysis functions

  • Develop quarterly sales for the quarterly performance evaluation of the Operations.

  • Introduce new methodologies and techniques for use in financial planning, budgeting, and cash forecasting activities in coordination with the Director of Finance.

  • Participate in the development of financial policies, processes, and procedures.

  • Recommend any necessary procedures to enhance the internal control

  • Conduct financial and costing analysis (key performance indicators, trends, capital expenditures analysis, variances reporting in terms of actual versus target reports, deviation reports, etc).

  • Analyze the organization’s revenues, liabilities, credit condition and other financial indicators to forecast its short, medium, and long-term cash flow position

  • Evaluate and recommend investments, funding sources, and other financial instruments that will meet these cash flow needs.

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