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Finance Manager

Client of Ethra Hr

RiyadhFull-time

5–7 years of experience

2 months ago

Job description

On behalf of our client, we are seeking a Finance Manager who will be responsible for managing and supervising the company’s financial operations, including accounting activities, monthly and year-end closing, financial reporting, taxation,accounts payable and receivable, bank reconciliation, inventory accounting, and financial controls. The role will support the setup and implementation of proper accounting policies, procedures, and reporting systems to ensure accuracy, compliance, and e cient financial operations as the company prepares to launch and grow its business. Responsibilities: Oversee the daily activities of the Finance Department and ensure that all major projects, month-end, and year-end reports are completed accurately and on time. Monitor and analyze accounting data and produce financial reports or statements. Establish and enforce proper accounting methods, policies, and principles. Control accounts payable activities, including invoice posting, payment process, and module closing. Control accounts receivable activities, including invoice posting, cash receipt process, and module closing. Control customer collection, petty cash, and bank reconciliation. Control assets accounting activities and CAPEX preparation and analysis. Control inventory accounting function activities. Control general ledger activities, including booking and reversal of manual entries, accruals, amortization, provisions, and trial balance analysis. Submit taxation reports, including Zakat, VAT, withholding tax, and other related reports. Control banking operational tasks. Prepare monthly reporting packages, including meaningful variance analysis. Evaluate, develop, and improve department controls, systems, and procedures to increase accuracy and efficiency. Maintain accurate and complete financial records and participate in audits or reconciliations as needed. Assist other departments in developing strategies and establishing objectives that could have a financial impact on the business. Work with external auditors to ensure correct and timely closing and reporting at year-end. Confirm financial status by monitoring revenue and expenses, coordinating the collection, consolidation, and evaluation of financial data, and preparing special reports. Perform additional tasks requested by management in line with business requirements. Manage the performance of the assigned team by monitoring KPI achievement, following up on obstacles, providing performance feedback, coaching, and ensuring maximum achievement of set objectives. Reward employees based on quality performance to provide motivation and inspiration. Allow employees to attend trainings, where possible, to enhance their skills and adapt to technology changes.

Minimum 5 years of experience in accounting or finance roles. Minimum 1 year of experience as a Finance Manager is preferred. Experience in trading or manufacturing industry is preferred. Bacheloru2019s degree in Finance, Accounting, or related field. Masteru2019s degree is preferred. Professional certification such as CA, CPA, or CMA is a plus. Knowledge of Zakat, VAT, taxation, compliance, and external/internal audit processes. Arabic and English language skills are required. Proficiency in MS O ce and ERP systems.

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