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Job Specification

  • Number of Vacancies: 1
  • Job Type: Full-time
  • Experience: 4 to 6 years
  • Job Code: JB108683
  • Expiry Date: Nov 09, 2018

Job Summary

  • Functional Area: Finance
  • Job Role: Finance Manager
  • Location:  Saudi Arabia

Job Description

  • 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 comapany 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.
Knowledge, Skills and Qualifications:
  • Must have at least a Bachelor Degree in Accounting or Finance, preferably with additional higher specialized certificates in Finance or Management / Cost Accounting, such as CMA, CFM, or CPA. 
  • 2 years minimum years of experience in the job of Accountant,Senior Accountant, Chief Accountant or Assistant Accounts 
  • 4 years in a similar position. 
  • Management of Personnel Resources — Motivating, developing, and directing people as they work, identifying the best people for the job.
  • Cost consciousness -   Awareness of material cost and logistics tools and inventory
  • Reading Comprehension — Understanding written sentences and paragraphs in work related documents.
  • Management of Financial Resources — Determining how money will be spent to get the work done, and accounting for these expenditures
  • Time Management — managing one's own time and the time of others.
  • Critical Thinking — using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Judgment and Decision Making — Considering the relative costs and benefits of potential actions to choose the most appropriate one.
  • Developing Objectives and Strategies — Establishing long-range objectives and specifying the strategies and actions to achieve them. 
  • develop policies, procedures, methods, or standards
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