Finance and Administrative Manager

4 weeks ago


الرياض, Saudi Arabia Danfoss Full time

Requisition ID: 40637- Job Location(s): Riyadh, SAWe are looking for a Financial and Administrative Manager who is responsible for managing all finance services of our sales company and ensuring that all financial transactions, systems, and reporting comply with regulations, accounting principles, and standards established by the Company and by authorities. The manager will also be responsible for managing Administrative tasks under Global Services.

This position will work in Riyadh and report to the GS Country Manager, MENA.

**Responsibilities**:
Responsibilities of this position include, but are not limited to, the following.
- Ensure proper financial transactions are aligned with group accounting standards and local rules/legislations
- Management of all accounting records at GL, AR, AP
- Responsible for reviewing and reporting adjustments between local GAAP and IFRS
- Directly processing monthly, quarterly, and yearly closing activities and Reporting
- Responsible for Tax compliance and any local compliance requirements for Finance, administrative topics
- Ownership of Internal and external reporting audits - meet deadlines
- Communication with external auditors, tax consultants, Free Zone management, and other institutions
- Accountable for budget, and cash flow forecasts and securing good cost management within own responsibility area
- Review, analyze, and evaluate financial data and information for accuracy, consistency, and transparency
- Managing all financial operations, including loan settlements, cash flows, cheque portfolio, leasing transactions, and collection activities
- Provide problem-solving, and business partnering support to internal stakeholders including guidance/training on taxation and compliance
- Managing administrative tasks, team and Real estate matters
- Be part of the Country Leadership team representing Global Services.

**Background & Skills**:

- Bachelor’s degree in finance -economics or relevant area,
- Equivalent to 8-10 years of Finance/Accounting experience including managerial and multinational company experience
- Having one of the ACCA/ACA/CPA certificates with an accounting and analysis background
- Understanding of local rules and regulations,
- Experience with working in an international environment
- Arabic and Advanced in English with good communication skills
- Having a sense of responsibility
- Advanced knowledge of Excel, and SAP, knowledge is an asset.

**Danfoss - Engineering Tomorrow**:
At Danfoss, we are engineering solutions that allow the world to use resources in smarter ways - driving the sustainable transformation of tomorrow. No transformation has ever been started without a group of passionate, dedicated and empowered people. We believe that innovation and great results are driven by the right mix of people with diverse backgrounds, personalities, skills, and perspectives, reflecting the world in which we do business. To make sure the mix of people works, we strive to create an inclusive work environment where people of all backgrounds are treated equally, respected, and valued for who they are. It is a strong priority within Danfoss to improve the health, working environment and safety of our employees.

Following our founder’s mindset “action speaks louder than words”, we set ourselves ambitious targets to protect the environment by embarking on a plan to become CO2 neutral latest by 2030.

Danfoss is an EO employer and VEVRAA Federal Contractor. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, veteran status, or other protected category.

Danfoss engineers solutions that increase machine productivity, reduce emissions, lower energy consumption, and enable electrification.

Our solutions are used in such areas as refrigeration, air conditioning, heating, power conversion, motor control, industrial machinery, automotive, marine, and off
- and on-highway equipment. We also provide solutions for renewable energy, such as solar and wind power, as well as district-energy infrastructure for cities.

Our innovative engineering dates back to 1933. Danfoss is family-owned, employing more than 42.000 people, serving customers in more than 100 countries through a global footprint of 95 factories.

Danfoss engineers solutions that increase machine productivity, reduce emissions, lower energy consumption, and enable electrification.

Our solutions are used in such areas as refrigeration, air conditioning, heating, power conversion, motor control, industrial machinery, automotive, marine, and off
- and on-highway equipment. We also provide solutions for renewable energy, such as solar and wind power, as well as district-energy infrastructure for cities.

Our innovative engineering dates back to 1933. Danfoss is family-owned, employing more than 42.000 people, serving customers in more than 100 countries through a global footprint of 95 factories.



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