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Job Description
1. Financial Reporting:
- Prepare and review financial statements, including balance sheets, income statements, and cash flow statements.
- Generate regular financial reports to provide insights into the company's financial performance.
- Analyze financial data to identify trends, anomalies, and areas for improvement.
2. Budgeting and Forecasting:
- Develop and manage the annual budget in collaboration with department heads and executives.
- Monitor budgetary performance and provide variance analysis.
- Assist in long-term financial forecasting to support strategic planning.
3. Accounts Receivable and Payable Management:
- Oversee the accounts receivable and payable processes, including invoicing, collections, and vendor payments.
- Ensure timely and accurate processing of invoices and payments.
- Manage relationships with clients and vendors regarding financial transactions.
4. Compliance and Taxation:
- Ensure compliance with accounting standards, regulatory requirements, and tax laws.
- Coordinate with external auditors and tax consultants for audits and tax filings.
- Implement internal controls to safeguard financial assets and data.
5. Financial Analysis and Decision Support:
- Provide financial analysis and recommendations to support business decisions.
- Identify cost-saving opportunities and operational efficiencies.
- Evaluate the financial impact of potential investments and projects.
6. Cash Flow Management:
- Monitor cash flow and liquidity to ensure the company meets its financial obligations.
- Implement strategies to optimize cash flow and manage working capital effectively.
7. Team Leadership:
- Lead and mentored a team of accountants and financial analysts.
- Set performance goals, conduct regular performance evaluations, and provide professional development opportunities.
8. Software and Technology:
- Utilize accounting software and financial management tools to streamline processes and improve accuracy.
- Stay updated with industry trends and emerging technologies to enhance financial operations.
Skills
Bachelor's degree in Accounting, or a related field
- Proven experience in accounting or financial management, with a minimum of 5-7 years in a similar role.
- Strong knowledge of accounting principles, financial regulations, and tax codes.
- Proficiency in financial software and tools, such as Excel, or enterprise-level ERP systems.
- Excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills.
- Leadership and team management abilities.
- Attention to detail and a commitment to accuracy.
- Ability to adapt to changing business needs and work in a dynamic environment.
Job Details
Job Location Jeddah Saudi Arabia
Company Industry Industrial Production; FMCG
Company Type Unspecified
Job Role Accounting and Auditing
Employment Type Full Time Employee
Monthly Salary Range Unspecified
Number of Vacancies 1
Preferred Candidate
Residence Location Saudi Arabia
Gender Male
Seniority Level: Managerial-Level
Job Functions: Software Development
Industries : Information Technology