Head of Finance

1 week ago

Riyadh, Ar Riyāḑ, Saudi Arabia Lucy Group Full time

Internal Job Title: Head of Finance, MENA Region

Business:Lucy Electric MENA Regional Headquarters LLC

Location: R iyadh
Job Reference No: 3235

Job Purpose

A member of MENA Regional Headquarters (RHQ) Leadership Team responsible for Finance activities in the designation region.

Job Context

Lucy Electric is a leader in secondary power distribution solutions with over 100 years' industry experience. Specialising in high-performance medium voltage switchgear for utility, industrial and commercial applications, we enable the safe and reliable distribution of energy to homes and businesses worldwide.

This role is created as part of Lucy Electric establishing its regional headquarters in Saudi Arabia to be part of Kingdom's vision 2030 delivery. You will report into Group Finance Director with day to day reporting to Regional General Manager & Director. Also will manage all regional businesses serving MENA region, excluding Lucy Switchgear factory based in Jabal Ali, FZE operating at the global level.

Job Dimensions

Lead the financial reporting and compliance activities for the region in accordance with the Group requirements and support the RHQ leadership team in operational performance reporting and analysis. Responsibility for financial Tax and Treasury compliance within the region, collaborating with FP&A, Tax and Treasury Teams in Group Finance.

Key Accountabilities

1. Financial Analysis and Reporting


•Conduct comprehensive financial analysis of regional business units, including revenue, expenses, profitability, and cash flow.


•Review and interpret financial data to identify trends, patterns, and areas of improvement or concern.


•Prepare accurate and timely financial reports, including monthly, quarterly, and annual financial statements, variance analysis, and performance dashboards.


•Review/preparation of RHQ annual statutory accounts

2. Operational Performance Evaluation


•Collaborate with cross-functional teams to gather relevant operational data and metrics.


•Analyse performance indicators, such as sales and operational metrics, working capital management and key cost drivers.


•Identify opportunities for operational optimization, cost reduction, and process improvement to enhance profitability and efficiency.


•Assist in the development of regional budgets and financial forecasts in collaboration with regional management and finance teams.


•Monitor and track actual financial performance against budgeted targets and provide regular updates to management.


•Analyse budget variances, investigate discrepancies, and provide recommendations for corrective actions as needed.


•Review/preparation of RHQ annual budget and quarterly financial forecast.

4. Strategic decision support


•Support top management in strategic decision-making by providing financial insights, scenario analysis, and feasibility studies.


•Conduct financial modelling and sensitivity analysis to evaluate the potential impact of different business scenarios and investment opportunities.


•Assist in the development of long-term financial plans and strategies for the regional business.

5. Compliance and Risk Management


•Ensure compliance with group financial policies, procedures, and regulatory requirements within the region including compliance with international and country tax legislation.


•Support internal and external audits by providing accurate financial data and documentation as required.


•Monitor and mitigate financial risks by identifying potential issues, conducting risk assessments, and implementing appropriate controls.

6. Stakeholder Communication and Collaboration


•Prepare and present financial reports, analysis, and recommendations to senior management, group finance and key stakeholders.


•Collaborate with regional and global finance teams to share best practices, ensure consistency in financial reporting, and support strategic initiatives.


•Provide financial guidance and support to RHQ leadership team, fostering effective financial decision-making and accountability.


•Maintain strong external relationships with auditors, bankers, tax advisors and country tax authorities.


•Undertake business travel in the region or globally when required.

7. Development of Business Systems


•Lead the operation and development of Microsoft D365 finance activities and work with the operations and supply chain team to improve operating efficiencies ensuring ongoing compliance.


•Support the development of best practice and performance metrics.

8. Management of Finance department


•Day to day staff management

Undertake any other duties and responsibilities as required/instructed in order to maintain and/or improve the efficiency, quality and service provided.

Qualifications, Experience & Skills


•5 years' accounting experience within a commercial and manufacturing business.


•Previous accounting experience within an SME – manufacturing and commercial operations


•Excellent verbal and written communication skills, with the ability to present complex financial concepts to non-financial stakeholders.


•Able to produce management reports with the ability to present the results in meetings.


•Strong experience in the production of monthly management accounts to Senior Management teams.


•IT literate proficient in MS Office software (incl. strong Excel skills) and Finance packages


•Extensive experience in analysing data for decision making purposes and able to communicate the findings for all levels.


•Ability to prioritise workload effectively.


•Ability to document business procedures.

Inspires


•Charismatic Leader able to influence others at all levels of the organisation.


•Leads by example and inspires our people to do the right thing.


•Articulates a clear vision for the future.


•Empowers and trusts our people to come up with the right solutions,


•Cooperates and works across the organisation to deliver the business results.


•Encourages challenge to foster new ideas and ways of doing things.


•Gets things done and makes it easy for others to do the same.


•Builds authentic, effective working relationships.

Integrity


•Values our culture and actively encourages sharing different points of view.


•Is true to themselves and their own values, beliefs and convictions – takes time to grow continuously.

Transparency


•Communicates with clarity.


•Openly encourages debate to achieve the best outcomes.


•Open to giving and receiving feedback; identifies, coaches and develops future talent.

Does this sound interesting? We would love to hear from you. Our application process in quick and easy. Apply today

#J-18808-Ljbffr

  • Head of Finance

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Holool Aloula (NCBS National Company for Business Solutions) Full time

    We are looking to hire a Head Of Finance in Riyadh with excellent organizational and analytical skills. The Head Of Finance will be responsible for planning , implementing , managing and running of all finance activities & functions.Head Of Finance Responsibilities:Plan, organize, and execute financial tasks and projects of the organization.Make estimates of...

  • Head of Finance

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Professional Recruitment Full time

    To be responsible for taking on a leadership role in financial decision-making that affects the group, and will provide strategic financial input to Board, Directors, and senior management. While keenly overseeing the overall accounting process, the Head - Finance will play a key role in developing and implementing financial procedures to improve and...

  • Finance Head

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia MNR Solutions Private Limited Full time

    HiiGreetings From MNR SolutionsHiring for Finance Head for Leading MNC FMCG GroupJob Location- IraqQualifications & experience - (CA/CPA/ACCA/ CIMA/ICWA or equivalent) /MBA with specialisation in Finance from a reputed Business School will be an added advantage.Industry Preference10-15 years relevant experience of which at least 5 years as Head Finance of...

  • CFO / Head of Finance

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Progress Personnel Full time

    This is an excellent opportunity to join this leading KSA based manufacturing group during a period of change and growth.Reporting directly to the CEO this is an exciting opportunity for an experienced Head of Finance / CFO to provide leadership and direction for the accounting function.Duties will include; Ensure the timely reporting of all financial...

  • Head of Finance

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Downe House Riyadh Full time

    This is an exceptional and rare opportunity for someone who has the qualities, skills and experience to be the Head of Finance at EduReach Education KSA, who owns two premium British Schools in Riyadh - Downe House Riyadh and King's College Riyadh.The role provides an excellent opportunity to join two vibrant communities and play a central role in the growth...

  • Head of Finance

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Tharwah Full time

    The Head of Finance is responsible for leading financial planning risk management and ensuring the integrity of financial records and reporting. This role is pivotal in supporting senior management with strategic and tactical insights related to budget management costbenefit analysis and financial forecasting. The incumbent will independently oversee profit...

  • Head of Finance

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia THARWAH Full time

    The Head of Financeis responsible for leading financial planning, risk management, and ensuringthe integrity of financial records and reporting. This role is pivotal insupporting senior management with strategic and tactical insights related tobudget management, cost-benefit analysis, and financial forecasting. Theincumbent will independently oversee profit...

  • Finance Head KSA

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Varian Full time

    Finance Head KSA & Regional Lead MEA page is loaded Finance Head KSA & Regional Lead MEA Apply locations Riyadh, Saudi Arabia time type Full time posted on Posted 30+ Days Ago job requisition id R-23242 Together, we can beat cancer. At Varian, a Siemens Healthineers Company, we bring together the world's best talent to realize our vision of a world without...

  • Finance Manager

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Carter Knight Full time

    My client (based in Al Bahah KSA) is looking for a Finance Manager to head up their new startup. This role will involve handling the Full P&L and finances for the business in KSA.The ideal candidate will be from FMCG/Agriculture/Dairy production.

  • Head of Legal

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Voda Cleaning & Restoration of Kennett Square Full time

    Head of Legal Head of Legal Department: Legal Employment Type: Full Time Location: KSA Description Tabby creates financial freedom in the way people shop, earn, and save, by reshaping their relationship with money. The company's flagship offering allows shoppers to split their payments online and in-store with no interest or fees. Over 32,000...

  • Head of Finance

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Rasid Holding Company Full time

    Job SummaryThe primary purpose of this position is to manage the finance departments of each Business Unit and ensuring that proper accounting and recording of company transactions are performed in an accurate and timely manner in compliance with policies and procedures.Requirements:Responsibilities (included but not limited to):Implement appropriate...

  • Srr - Head of Corporate Services - Policy, Finance

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Foreign & Commonwealth Office Full time

    Job Description (Roles and Responsibilities) 1The British Embassy Riyadh is part of a worldwide network that represents the UK's political, economic, security, and consular interests overseas. We are currently recruiting for a full-time Head of Corporate Services (HCS) for Policy, Finance, HR and Compliance on a fixed-term contract of two (2) years.The HCS...

  • Senior Finance Manager

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Culture Group Full time

    Job Title: Senior Finance ManagerLocation: RiyadhIndustry: Aviation – Experience of this essentialRemuneration: 30, ,000 SAR p/m + excellent bensType: Permanent A dynamic and growing aviation business based in Riyadh is looking for a Senior Finance Manager to join their team on a permanent basis. The business is extremely well backed so this is an...

  • IT Audit Head for a Bank in KSA

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Florence International Consulting Full time

    IT Audit Head for a Bank in KSA Jobs in Riyadh, Saudi Arabia by Florence International Consulting | IT Audit Head for a Bank in KSAFlorence International Consulting - Riyadh, Saudi Arabia Posted In 21/2/2014 Apply For JobApplicants 31 Views 6040 Job Description IT Audit Head for a Bank in KSAOne of the banks in KSA requires an IT Audit Head, reporting to...

  • Finance Manager

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Natixis Corporate & Investment Banking Full time

    Finance Manager - KSAManagement reporting: Preparation of monthly performance reports for each business line and other management reports for business monitoring; Close monitoring of the key performance indicators for each business line, per client, and liaise with them or relevant support functions to resolve discrepancies; Monitor NSAIC progress in...

  • Finance Manager

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Natixis Saudi Arabia Invest Co Full time

    Description de l'entreprise: Natixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the secondlargest banking group in France through its two retail banking networks, Banque Populaire and Caisse d'Epargne, Natixis counts nearly...

  • Associate Structured Finance

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia البنك السعودي الفرنسي Full time

    Provide information and administrative support to the head of department to enable a sound basis for decision making, delivery of a high quality service and facilitate business developments. Jobholders at this level must develop relationship management skills and other skills to become a project and structured finance specialist. Timely periodic credit...

  • Vp - Trade Finance

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Arab Petroleum Investments Corporation Full time

    Scope:Reporting to: Head of Trade Finance UnitProducts and services:Short term transactions (up to one year), funded and unfunded, bilateral, and transactional Commodity financings such as prepayments, preexport financings, inventory financings, warehouse receipt financings, tolling financings, borrowing bases etc. Revolving Credit FacilitiesCommodities:...

  • Finance Manager

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Inspire Selection Full time

    Inspire Selection is seeking an experienced Finance Manager for a global FMCG business in Saudi Arabia. This is an excellent opportunity to add another brand name to your CV.Reporting to the Regional Finance Director, your key area of responsibility is overseeing Financial Accounting. The successful candidate must have done their accountancy training in Big...

  • Senior Finance Manager

    1 week ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Skill Farm Full time

    You are expected to ensure timely and accurate records of financial data and provide financial management information to the Serco Middle East CFO, the division and Group if required.You are also expected to set budgets and forecasts for the performance of the function and ensure awareness of all issues that may materially impact financial performance and...