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Financial Expert - 6 Month Extendable Contract

TASC Outsourcing
Jiddah, KSA
contract
Mid-Senior
Today
ContractExpertExtendableFinancialMonth
Free

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Job Purpose

The Financial Reporting & Accounting Expert is responsible for leading and managing the preparation, review, and analysis of the company's financial and accounting reports. The role ensures the accuracy, integrity, and compliance of financial information with International Financial Reporting Standards (IFRS) and applicable regulatory requirements, while providing valuable financial insights to support executive management in strategic decision-making and achieving the company's financial objectives.

Key Responsibilities

1.

Prepare and review monthly, quarterly, and annual financial statements in accordance with International Financial Reporting Standards (IFRS).

2.

Prepare financial and management reports for executive management and the Board of Directors, including financial performance analysis.

3.

Oversee the periodic financial closing process and ensure timely completion in accordance with established deadlines.

4.

Analyze the company's financial performance, identify variances between actual results and approved budgets, and provide actionable recommendations.

5.

Review and enhance accounting policies, procedures, and internal controls to improve financial efficiency and governance.

6.

Ensure compliance with IFRS and monitor updates to accounting standards and relevant regulatory requirements.

7.

Prepare cash flow reports, financial forecasts, and support budgeting and financial planning activities.

8.

Coordinate with internal and external auditors, as well as regulatory authorities, by providing the required financial information and documentation.

9.

Analyze key financial performance indicators (KPIs), including profitability, liquidity, and operational efficiency.

10.

Support financial transformation and digital initiatives by enhancing financial reporting systems and executive dashboards.

11.

Review complex accounting transactions and provide expert technical accounting guidance.

12.

Contribute to financial risk assessments and recommend appropriate controls and mitigation measures.

Education

  • Bachelor's degree in Accounting or Finance.
  • Master's degree in Accounting or Finance is preferred.

Professional Certifications

  • Candidates should preferably hold one or more of the following professional certifications:
  • SOCPA
  • CPA
  • CMA
  • ACCA
  • CFA (preferred)

Experience

  • Minimum of
  • 7 years
  • of experience in accounting and financial reporting.
  • Proven experience in preparing financial statements and coordinating with external auditors and regulatory authorities.

Technical Skills

  • Advanced knowledge of International Financial Reporting Standards (IFRS).
  • Strong expertise in preparing and analyzing financial statements and reports.
  • Experience with ERP systems such as SAP, Oracle, or Microsoft Dynamics.
  • Advanced proficiency in Microsoft Excel, data analysis, and financial reporting tools.
  • Strong understanding of internal controls and financial risk management.
  • Ability to develop financial models and forecasting scenarios.

Behavioral Competencies

  • Strong analytical and problem-solving skills.
  • High level of accuracy and attention to detail.
  • Excellent communication and presentation skills.
  • Leadership and teamwork capabilities.
  • Effective time management and ability to perform under pressure.
  • High level of professionalism, integrity, and confidentiality.

Key Performance Indicators (KPIs)

  • Timely issuance of financial reports.
  • Accuracy and reliability of financial statements and reports.
  • Compliance with IFRS and applicable regulatory requirements.
  • Efficiency and timeliness of the financial closing process.
  • Quality of financial analysis and recommendations provided to management.
  • Reduction in significant findings raised by internal and external auditors.
  • Executive management satisfaction with the quality and usefulness of financial information.

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