Finance Manager - Riyadh, Saudi Arabia - GulfManagers Executive Search

Job Purpose:

Manages branch or office of financial institution such as commercial bank, credit union, finance company, mortgage banking company, savings and loan association or trust company by performing the following duties personally or through subordinate supervisors.

Responsibilities:

Oversees the flow of cash and financial instruments in accordance with company policy.
Assesses risk of all financial transactions executed by organization personnel.
Collects data to analyze the present and future financial status of the organization.
Directs, coordinates, and monitors activities to implement institution's policies, procedures, and practices concerning granting or extending lines of credit, commercial loans, real estate loans, and consumer credit loans.
Directs activities involving implementation of establishment services and functions including collecting delinquent accounts, authorizing loans, or opening savings accounts.
Establishes procedures for custody and control of assets, records, loan collateral, and securities to ensure safekeeping.
Contacts customers and business, community, and civic organizations to promote goodwill and generate new business.
Compiles and reports financial data as required by organization and government regulations.
Prepares reports needed to satisfy tax requirements.
Examines, evaluates, and processes loan applications.
Raises capital as needed by the organization.
Analyses investment options and makes recommendations to Board of Directors or corporate officers for institution investment.
Talks to customers to resolve account problems.
Establishes and maintains contact with banking-related industries such as insurance, real estate, and securities.

Can create tools and monthly reports that can give insights to the current and future profitability of the company.

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