Finance Manager

On behalf of the client, we are looking for a financial manager to join their company in Riyadh.

Tasks and responsibilities:

1.

Leading strategic financial planning, preparing estimated budgets, monitoring their implementation, analyzing deviations, and taking the necessary corrective actions.

2.

Full supervision of all financial management functions, including accounting, reporting, treasury, zakat and taxes.

3.

Evaluate merger and acquisition opportunities and conduct financial due diligence.

4. Supervising the preparation of annual and periodic financial statements in accordance with the International Financial Reporting Standards adopted in the Kingdom, and ensuring compliance with what is issued by the Saudi Organization for Auditors and Accountants, while adhering to the disclosure and transparency requirements issued by the Capital Market Authority, and coordinating with the external auditor to approve the financial statements.

5.

Strengthening the financial governance and internal control system, managing financial risks, and supporting internal audit work by providing the necessary reports and analyses.

6.

Periodic review and development of financial policies, procedures, regulations, and internal control systems to ensure they are up-to-date and in line with best practices and control standards.

7.

Supervising the design and development of the organizational structure of the financial department to ensure the efficient distribution of tasks and the determination of powers, in order to prevent conflicts of interest.

8.

Managing liquidity and cash flows, planning for financing needs, and supervising loans, banking facilities, and investments.

9. Leading the negotiation processes for financing agreements of all kinds, preparing and reviewing their terms in coordination with the legal department, following up on the contractual obligations associated with them, analyzing the cost of financing and restructuring when needed, and managing the relationship with banks and financial institutions.

10.

Supervising zakat and tax obligations, dealing with the Zakat, Tax and Customs Authority, managing related examinations and objections, and developing zakat and tax planning strategies to achieve efficiency and compliance.

11.

Preparing financial analyses, indicators and future forecasts in accordance with international frameworks and models, evaluating the economic feasibility of projects, and supporting investment and expansion decisions.

12.

Developing and managing the financial management team and key performance indicators (KPIs), setting targets, monitoring performance, submitting periodic reports to the executive management and the board of directors, and promoting a professional work environment based on efficiency and transparency.

1.

At least 7 years of experience in the financial field, including at least 3 years in a leadership position (financial manager or deputy financial manager).

2.

in publicly listed companies or environments subject to high governance and compliance requirements.

3. Full knowledge of International Financial Reporting Standards (IFRS & IAS) and the standards adopted by the Saudi Organization for Auditors and Accountants and the regulations of the Saudi Capital Market Authority to ensure full compliance, and to follow up on updates to corporate governance regulations and ensure that they are included in the company’s financial policies.

4.

in managing financing, banking facilities, and financing agreements of all types.

5.

in financial planning, preparing financial statements, and advanced financial analysis.

6.