Assistant Manager Finance
Skills
About This Role
Industry
Lighting and Technology
Working Days and Timings
Monday to Friday \| 8:00 AM – 6:00 PM
Job Brief
We are seeking an experienced Assistant Finance Manager to oversee full-cycle finance operations for entities operating across the assigned countries within the lighting and technology industry.
The role requires strong financial management capabilities, including overseeing financial reporting, cash flow management, customer invoicing, and compliance with financial regulations.
The Assistant Finance Manager will play a key role in managing banking facilities, supervising financial documentation, supporting operations and supply chain teams, and ensuring financial accuracy across projects and transactions.
The position also involves coordinating VAT filings, supporting audits, managing Letters of Credit (LCs), and ensuring effective financial planning and reporting for senior management.
Job Responsibilities
- Manage
- full-cycle finance operations
- across the organization’s entities.
- Oversee
- customer invoicing processes and ensure timely follow-up on collections
- across both regions.
- Review and validate
- costing files for all incoming orders
- to ensure accuracy and financial alignment.
- Negotiate and finalize
- payment terms with customers
- .
- Review
- customer contracts
- in coordination with the legal consultant to ensure alignment with company policies, risk management standards, and financial interests.
- Manage
- banking facilities
- , including trust receipt accounts.
- Process and coordinate the
- issuance of bank guarantees
- for projects and contracts.
- Collaborate with
- operations and supply chain teams
- to ensure inventory accuracy and prevent unauthorized deliveries.
- Supervise and control
- petty cash transactions
- , ensuring proper documentation and reconciliation.
- Maintain and manage
- financial records entities within SAP ERP systems
- .
- Review draft
Letters of Credit (LCs)
- and ensure that terms align with agreed customer conditions.
- Prepare
- LC documentation and ensure compliance with banking requirements
- to avoid discrepancies.
- Prepare and submit
- payment applications to contractors
- to support invoicing and collection processes.
- Support operations in the
- creation of sales orders and project setups within SAP
- .
- Prepare and circulate
- daily cash position reports
- and provide updated cash flow analysis to management.
- Provide
- cash flow analysis and financial updates
- to management when required.
- Review and verify
- monthly payroll documentation prior to processing
- .
- Record and post
- all necessary month-end closing entries
- within the accounting system.
- Prepare and coordinate
- quarterly VAT return filings
- for all entities.
- Support
- external audit processes
- by providing required documentation and coordinating with auditors.
- Prepare and present
- consolidated month-end financial reports
- to management for decision-making and financial oversight.
Job Requirements
- **Bachelor’s Degree in Finance, Accounting, Economics, or a related field**
- .
- **Master’s Degree or MBA is preferred.**
- Professional certifications such as
- CPA, ACCA, CMA, or CFA are desirable
- .
- **10–15 years of progressive experience in finance**
- , with
- at least 5 years in a senior finance leadership role
- .
- Strong knowledge of
- financial planning and analysis, budgeting, forecasting, and financial reporting
- .
- Experience managing
- audits, tax compliance, and regulatory requirements
- .
- Proven ability to
- lead and develop finance teams
- while supporting cross-functional collaboration.
- Strong understanding of
- ERP systems, particularly SAP, and financial management software
- .
- Excellent
- analytical, strategic thinking, and problem-solving skills
- .
- Strong
- communication, negotiation, and stakeholder management abilities
- .
- Experience in the
- lighting, technology, construction, or related industries
- will be considered an advantage.
- **Fluency in Arabic is an added advantage**
- for coordination.
- **Valid driving license is preferred**
- .
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