Bayt.com Jobs: Finance Manager - Saudi Nationality - FiberGlass Oasis Company

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Finance Manager - Saudi Nationality - FiberGlass Oasis Company
Apr 14th 2013, 07:23

Job Description
A Finance Manager position based in Yanbu and reports to CFO will handle finance and accounting functions. The main purpose of this role is to manage, control and ensure that company accounting activities and procedures conform to generally accepted accounting principles and comply with the approved policies and procedures of the company. Lead and coordinate all tasks and functions relate to financial reporting, Budgeting, cash flow management, debt financing. Fulfill in a timely manner all financial obligation and requirement with third parties, i.e. external audit, Zakat, lenders, SIDF and other. In addition to that, other key accountabilities include:
1) Establish and implement short- and long-run departmental goals, objectives, policies, and operating procedures.
2) Lead and coordinate with all other department the preparation of annual operating budget and developing 3-10 years business plans for the company.
3) Ensure that all financial transactions are handled and processed in-line with the approved policies and procedures.
4) Oversee the daily operations of the finance department.
5) Prepare the monthly financial reports with all needed financial and costing analysis comparing with Budget and KPIs.
6) Manage the preparation of the official annual report of actual revenues, transfers, and expenses.
7) Manage the preparation of financial outlooks and financial forecasts in coordination with the CFO.
8) Ensure that the company are continuously keeping sufficient fund to fulfill its financial obligation by preparing monthly cash flow forecast. Monitor the actual cash flow against forecast and take the necessary measure to remedy variances.
9) Direct and coordinate debt financing and debt service payments with external agencies and monitor terms, conditions and covenants and ensure compliance with the same.
10) Prepare financial analysis for contract negotiations and product investment decisions.
11) Ensure compliance with local, governmental, and legal budgetary reporting requirements.
12) Recommend benchmarks for measuring the financial and operating performance of divisions and departments.
13) Serve as primary legislative liaison for company financial issues.
14) Provide needed support to CFO and other Departments Head in developing financial and budget policies and procedures.
15) Ensure that financial controls are in place at functions and provide recommendations for procedural improvements.

Job Details

Date Posted: 2013-04-14
Job Location: Yanbu, Saudi Arabia
Job Role: Accounting/Banking/Finance
Company Industry: Manufacturing; Industrial; Manufacturing and Production
Monthly Salary: US $6,000
Joining Date: 2013-06-01

Preferred Candidate

Career Level: Management
Gender: Male
Nationality: Saudi Arabia
Degree: Bachelor's degree / higher diploma

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