Financial Planning

2 weeks ago


Riyadh, Ar Riyāḑ, Saudi Arabia SAUDI CONTRACTORS AUTHORITY Full time
Functional Responsibilities:
  • Manage
    the financial planning and budgeting activities for SCA.
  • Provide
    financial planning assistance and forecast the financial performance.
  • Support
    SCA's departments in developing their financial plans and annual budget.
  • Preparing
    the appropriate templates to prepare the budget by all concerned departments.
  • Comply
    with the approved policy of budgeting regarding the deadlines and the
    management of the budgeting process.
  • Receiving
    the budget estimates from all the departments of the organization and
    critically examines them for correctness, accuracy and completeness; and
    conformance with established procedures, regulations, and organizational
    objectives.
  • Consolidate
    SCA's Divisional annual budget.
  • Monitoring
    the budget throughout the year.
  • Modify
    the budget if necessary if there are material changes in the business
  • Manage
    the financial reporting and analysis activities for SCA.
  • Prepare
    annual and quarterly financial statements for SCA, including balance sheets,
    income statements, cash flow statements, etc. , inline with IFRS requirements.
  • Undertake
    financial analysis of the performance of SCA, producing periodic business
    reports that outline financial performance, key risks and areas that require
    management attention.
  • Consolidating
    the data for budget presentation and providing an overview of the financial
    status of all the operations.
  • Studying
    the previous budget and also taking into consideration the benefits and losses
    occurred during the previous financial years, due to budget planning.
Requirements
  • Bachelor's degree in
    Finance & Accounting.
  • 3-4 years of
    related experience is required.
  • Professional certificate is preferred (SOCPA-ACCA- CMA).
  • Proficiency in English and Arabic Language is required

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