Finance Manager

2 weeks ago


المملكة العربية السعودية, Saudi Arabia Forum Energy Technologies Full time

Purpose:


To lead, develop and manage the finance and accounting function for Forum Arabia including financial planning, general ledger accounting, statutory and corporate reporting, compliance and taxation, and strengthening company's presence in the market by developing relationship with regulatory and tax authorities, banks, customers and suppliers.


Key Responsibilities:
(Key Tasks)


  • To support the General Manager and Regional Financial Controller in day to day accounting and finance matters
  • To act as a key stakeholder in business development and expansion plan in Saudi Arabia
  • To strengthen company's presence in the Middle East market by developing relationships with regulatory and tax authorities, auditors, banks, customers, and suppliers
  • Responsible for the accounting systems, ensuring timely and accurate production of accounts, reports and financial statements and presentation of monthly financials statements.
  • To ensure that all transactions are recorded accurately in the General Ledger in line with the group accounting policies and statutory requirements
  • To ensure timely preparation of monthly reconciliations for all balance sheet accounts including intercompany balances matching
  • To analyse the income statement and balance sheet monthly and report on the factors influencing business performance
  • To ensure all payments are made in line with company's policies and procedures
  • To monitor and manage cash flows and prepare weekly cash projections
  • To conduct ongoing financial reviews and evaluate opportunities for costreduction
  • To prepare, manage and monitor budgets of Forum Arabia
  • To liaise with External Auditors for financial audits and statutory reporting
  • To liaise with Group Internal Auditors for SOX audits and responding to their audit queries and observations
  • To liaise with Tax department and consultants for tax filings and compliance
  • To support all the product lines within the FET organization or any potential business trying to use Arabia platform.
  • Any other task assigned by the Management.

Reporting Relationships:

Directly Supervises
Financial Assistant

Junior Accountant

Person Specification:

Education / Qualifications:

  • Minimum 8 to 10 years of experience in the accounting and finance function, with a strong background in the establishment of financial processes and controls, design, development and implementation of financial reporting and forecasting
  • University degree in Finance and Accounting and/or a Professional Accounting Certificate

Technical Competencies:

  • Well versed in MS office specially excel and ERP

Key Skills:

  • Leadership
  • Honest, trustworthy, and high in integrity
  • Finance Business Partnership
  • Strategic minded with ability to understand all aspects of the business.
  • Proactive
  • Analytical
  • Collaborative, team oriented
  • Problem Solving Abilities.
  • Strong Work Ethics.
  • Ability to communicate.
  • Effectively coach and mentor others
  • Decision making ability.
  • Solid understanding of IFRS, US GAAP, SOX, Compliance, Risk Assessment, Internal Controls and SOPs

Experience:

  • Experience of the operational side of business (preferably in the Oil and Gas sector)
  • Excellent knowledge of US GAAP, Tax and statutory regulations and SOX compliance
  • Advance MS office skills, especially in MS Excel
  • Knowledge of Business Central and OneStream systems is highly desirable.
  • Ability to prioritise and deliver reliable results in a fast paced and dynamic environment with a high degree of personal accountability
  • Fluent in English, knowledge of Arabic is highly desirable

QHSE Competencies:

  • Maintain behaviour in compliance with Forum HSE requirements.
  • Maintain responsibility and accountability through personal commitment and behaviour.
  • Report any unsafe or environmentally unsound acts and conditions to their immediate Supervisor such that remedial action can be taken to manage the risk.

Education:

  • Bachelor's (required)

Experience:

  • Accounting and Finance: 8 years (required)

Language:

- arabic (required)

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