Manager, Finance (Saudi)

Key Responsibilities

• Oversee the daily Finance operations, ensuring alignment with Company's objectives, policies and budgets
• Ensure targeted daily sales outstanding is met
• Perform credit risk analysis on customers
• Ensure compliance with financial policies and procedures across operations
• Lead initiatives to optimize financial processes esp. on AP and Payment
• Manage cashflow, ensuring enough liquidity to meet the operation needs while managing financial and interest risks
• Oversee costing function to ensure accuracy in reports, delta costs are promptly cleared and analyse unusual CM
• Partner with other departments to develop financial strategies that algin with overall business goals
• Identify financial risks associated with operational functions and mitigate them
• Manage and maintain the fixed asset register, ensure addition capex has been properly approved
• Lead the preparation, monitoring and management of annual budgets, ensuring alignment with business objectives
• Monitor actual expenditures against approved budgets, including detailed tracking of project/CAPEX costs and analysis of variances
• Prepare actual monthly financial reports, including forecasts and variance analysis comparing actual results against budgeted figures
• Review and submit quarterly VAT to ensure VAT submissions in compliance with regulatory requirements
• Oversee annual tax compliance activities, ensuring timely and accurate filings in accordance with ZATCA laws and regulations
• Liaise with external auditors, tax agents, banks
• Other ad-hoc projects