Financial Controller

3 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia مفيد | MUFEED Full time

Responsibilities:

  1. Prepare accurate financial statements, including balance sheets, income statements, and cash flow statements.
  2. Ensure compliance with statutory laws, financial regulations, and internal policies.
  3. Coordinate the preparation of regulatory reporting as required.
  4. KPI: Timeliness and accuracy of financial reports, compliance with reporting standards, number of regulatory reports submitted on time.
  5. Accounting Operations:
  6. Oversee all accounting functions, including billing, accounts receivable, accounts payable, general ledger, and cost accounting.
  7. Ensure the timely completion of month-end and year-end close processes.
  8. Maintain an organized system of accounting policies and procedures.
  9. KPI: Timeliness of month-end and year-end close, accuracy of general ledger entries, adherence to accounting policies and procedures.
  10. Budgeting and Forecasting:
  11. Coordinate and direct the preparation of the budget and financial forecasts.
  12. Monitor and analyze budget performance, providing recommendations for adjustments as needed.
  13. KPI: Budget variance (comparison of actual to forecasted results), accuracy of financial forecasts, percentage of budget adjustments made on time.
  14. Internal Controls and Compliance:
  15. Develop and maintain effective internal control systems to safeguard company assets and ensure accuracy.
  16. Ensure compliance with local, state, and federal government reporting requirements and tax filings.
  17. Collaborate with external auditors.
  18. KPI: Number of internal control issues identified and resolved, audit findings and resolution time, compliance rate with tax filing deadlines.
  19. Strategic Financial Management:
  20. Support the Finance Manager in financial planning and strategy development.
  21. Provide insights and recommendations to both short-term and long-term growth plans of the organization.
  22. KPI: Contribution to strategic financial planning, number of financial recommendations implemented, alignment of financial strategy with company growth objectives.

Qualifications and Skills:

  1. Education: Bachelor's degree in Accounting, Finance, or a related field; ACCA, CPA, or CMA certification preferred.
  2. Experience: 2-3 years of progressive accounting experience, with at least 1 year in a supervisory role. Experience in public accounting is advantageous.
  3. Technical Skills: Proficiency in accounting software and enterprise resource planning (ERP) systems.
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