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Senior Finance Manager- FMCG(Saudi National)
The vacancy has expired
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Salary30,000 -35,000 SARLocationSaudi ArabiaIndustryConsumer GoodsJob Description
Purpose of the Role
- The Senior Finance Manager will play a vital role in Building and maintaining the financial standing of the organization. The ideal candidate will help determine financial strategy and policy, arranging the appropriate funding and managing financial risks in the organization.
- The Senior Finance Manager will ensure company has the cash and liquidity to meet its obligations, will be involved in securing credit from banks and other sources, tax, HR and compliance matters. The Senior Finance Manager will be an official point of contact for all financial matters and one of the authorized signatories on all financial documents.
JOB DESCRIPTION
ROLES & RESPONSIBILITIES:
- Managing daily cash balances;
- Ensuring that cash flows are adequate to allow business units to operate effectively;
- Forecasting cash payments and anticipating challenges arising from limited cash flow;
- Maintain banking relationships and negotiate loans and merchant services for business units;
- Maintaining the accounts system;
- Preparing and presenting financial reports for meetings and investors;
- Working with executives and business heads to prepare budgets and track profit/loss performance by business unit and on a consolidated basis;
- Creating solutions to new financial challenges by applying financial/treasury knowledge;
- Liaising with other departments and business units on a range of issues;
- Providing advice on financial matters impacting on the company as a whole;
- Taking responsibility for, and supervising the work of, more junior members of staff;
- Preparing financial reports and submissions to relevant government entities;
- Arranging financial audits and reviews as required;
- Banking money and cheques received and issuing receipts as requested or needed;
- Processing credit card payments received and transferring money from PayPal accounts;
- Maintaining and transferring money between bank accounts as required;
- Payment of invoices and fees as required or otherwise instructed;
- Manage payroll and MPF matters for Company.
- Oversee all audit and internal control operations.
- Complete tax filings and dealing with matters relating to the IRD;
- Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities.
QUALIFICATION & EXPERIENCE REQUIREMENTS:
- Must be a Saudi National.
- Bachelor’s degree in Finance or Accounting
- Minimum 5 years of progressively responsible finance or treasury experience within FMCG business segment is a must
SKILLS & COMPETENCIES:
- Computer literacy, including advanced proficiency with Microsoft Office and experience with standard accounting software packages
- Strong verbal and written communications skills
- Detail oriented and organized
- Strong planning and prioritization abilities
- Fluent in English is essential.
ADDITIONAL REQUIREMENTS:
- Must maintain confidentiality and discretion in all aspects and be comfortable with a flexible working schedule to meet the needs of the Company and its executives
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