Finance Manager

2 weeks ago

Jeddah, Saudi Arabia Al-Ghazzawi Group of Companies Full time

Under the general direction of the Group Chief Financial Officer and Group Financial Controller the Finance Manager has to ensure the accuracy and authenticity of all accounting transactions as per the IFRS guidelines, manage various accounting functions such as maintaining the books of accounts, supervising accounting staff; assisting the preparation of the annual budget; in charge of timely closing of accounts for quarterly review as well as annual financial audit as per the deadlines; control on record keeping/documents filing, taking care of Zakat, VAT, Withholding Tax, Customs Duty Drawback computation & and obtaining the certificates, keeping track of intercompany transactions, monitor related party transactions, ensure timely collection from debtors.

Major

**Responsibilities**:
► Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.

► Ensure the accuracy and authenticity of all accounting transactions as per the IFRS guidelines.

► Ensure an accurate and timely monthly, quarterly and year end closing and reporting.

► Provide necessary information and data required by the Auditors (Statutory & Internal)

► Ensure the quarterly reviews and annual auditing as per the management deadlines.

► Proper Accounting, monitoring and reconciliation for Intercompany transactions.

► Monitoring and reporting related party transactions.

► Ensuring timely collection from debtors.

► Recommend for appropriate provisions for bad debts on a consistent basis as per the company policy.

► Controls on records keeping, proper filing and documentation.

► Ensuring appropriate provisions for Zakat & VAT and coordinating for final Certificates from the GAZT.

► Coordinate with consultant for Withholding Tax (WHT) clearance and submitting necessary documents for WHT provisions. Ensuring compliance with WHT rules on monthly and quarterly basis.

► Inventory valuation and ageing analysis.

► Monitoring Fixed Assets Accounting and depreciation computation.

► Proper and timely booking of provisions, accruals and prepaid expenses

► Appropriate and accurate provisions for End of Service benefits.

► Keeping track of important Insurance policies of the company.

► Supports budget and forecasting activities.

► Competent in making 3 to 5 year’s financial projections.

► Must be conversant in making the capital investment evaluations (IRR, NPV Payback period etc.)

► Collaborates with the other department managers to achieve the overall goals and objectives of the company.

► Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.

► Advises staff regarding the handling of non-routine reporting transactions.

► Ensure that efficient cash flow is achieved in the entity.

► Responds to inquiries from the GCFO, GFC,Treasury Manager and other department managers regarding financial results and special reporting.

► Work with GCFO, GFC, Reporting Manager, Treasury Manager and to ensure clean and timely quarterly review and yearend audit.

► Supervise the general ledger group to ensure all financial reporting deadlines are met.

► Assist in development and implementation of new procedures and features to enhance the workflow of the department.

► Provide training to new and existing staff as needed.

► Handle personnel issues relating to staff conflicts, absenteeism, performance issues.

► Work with each direct report to establish goals and objectives for each year and monitor and advice on the progress to enhance the professional development of staff.

► Prepare the KPIs for all direct reports.

► Additional duties as directed by GFC & GCFO.

► Checking and Verifying all Booking of Payments and Receipts, Journal Entries of AR, AP, Cash and Bank, GL and Each Accounting Activities

► Monitoring and Controlling Chief Accountant and Other Accountants for Perform daily accounting activities such as journal entries.

► Coordinate with finance team to complete assigned accounting tasks within deadlines

► Reviewing all Payments, Collections and make sure properly booked in Oracle

► Provide guidance to Chief Accountant and Other Accountants.

► Calculate Daily pricing and Discounting for Sales Team.

► Monitor and record financial transactions according to company policies and regulations

► Verifying journal vouchers for entry of direct GL transactions (manual, recurring, allocation journals etc.) into the General Ledger. Verifying and Advising to Record all adjusting, closing and reversing entries to attain reconciliation of sub ledgers.

► Approving all POs and Checking Minimum Level and reason for Urgent Purchases.

► Managing Working Capital which including Inventories, AR, AP and Cash

► Ensure posting of sub-ledgers is performed on timely basis and in accordance with month end closing.

► Ensure that all accountin

  • Credit and Risk Manager

    2 weeks ago

    Jeddah, Saudi Arabia National Finance House Full time

    Company Description National Finance House Company is a Closed Joint Stock Company licensed by the Central Bank of Saudi Arabia that conducts financing activities in accordance with Shariah regulations. The company was established in Jeddah in 2021 with a capital of 100 million Saudi riyals. In June 2021, the company obtained a license from the Central Bank...

  • Finance Manager

    2 weeks ago

    Jeddah, Saudi Arabia HAYS Full time

    Finance Manager for an International organisation in the Maritime industry. Hays are supporting a leading organisation in the Maritime industry to recruit a Finance Manager for their Jeddah office. The Financial Manager will be responsible for: - Co-ordinating and managing the Finance team - Supervising Accounts Payable, Accounts Receivable and Cash...

  • Finance Manager

    6 days ago

    Jeddah, Saudi Arabia Salling Search Full time

    **Finance Manager** **Saudi Arabia** **Experience**: - Minimum 10 years in Accounting or Finance function. - Managerial experience in Financial & Project Accounting. - Proficient in MS Office, especially in MS Excel, Word, and PowerPoint. - Able to work in Saudi Arabia. **Tasks and Responsibilities** - To setup finance operations for a newly incorporated...

  • Finance Manager

    3 days ago

    Jeddah, Saudi Arabia Group of medical services Full time

    A famous Group of medical services is hiring " Finance Managert " in KSA, Jeddah. **Requirements**: - Previous experience as Finance Manager at least 3 years. - Any Nationality **Experience**: - Manager: 1 year (preferred)

  • Cluster Finance Manager

    2 weeks ago

    Jeddah, Saudi Arabia Hilton Full time

    Cluster Finance Manager A Finance Manager will lead the Finance department and associated operations such that account management, reporting, and interdepartmental and vendor relations are managed to optimise the hotels profitability. **What will I be doing?** As Finance Manager, you will lead the Finance department and associated operations such that...

  • Cluster Finance Manager

    2 hours ago

    Jeddah, Saudi Arabia Hilton Full time

    A Finance Manager will lead the Finance department and associated operations such that account management, reporting, and interdepartmental and vendor relations are managed to optimise the hotels profitability. **What will I be doing?** As Finance Manager, you will lead the Finance department and associated operations such that account management,...

  • Finance Manager

    5 days ago

    Jeddah, Saudi Arabia Chalhoub Group Full time

    **INSPIRE | EXHILARATE | DELIGHT** For over six decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East. The Group, in its endeavour to excel as a hybrid retailer, has reinforced its distribution and marketing services with a portfolio of eight owned brands and over 300 international brands in the luxury, beauty,...

  • Sr. Finance Manager

    2 weeks ago

    Jeddah, Saudi Arabia Lucid Motors Full time

    **Leading the future in luxury electric and mobility** - At Lucid, we set out to introduce the most captivating, luxury electric vehicles that elevate the human experience and transcend the perceived limitations of space, performance, and intelligence. Vehicles that are intuitive, liberating, and designed for the future of mobility. - We plan to lead in this...

  • Cluster Assistant Finance Manager

    2 weeks ago

    Jeddah, Saudi Arabia Hilton Full time

    An Assistant Finance Manager will ensure the accuracy of stocks, accounts payable, prepayments, and creditor/accruals accounting records and provide periodic reports to the Finance department. **What will I be doing?** As Assistant Finance Manager, you will ensure the accuracy of stocks, accounts payable, prepayments, and creditor/accruals accounting...

  • Assistant Finance Manager

    4 days ago

    Jeddah, Saudi Arabia Kinetic Full time

    A leading and well established pharmaceutical company is actively recruiting for an **Assistant Finance Manager** to be based in **Jeddah, KSA**. **The main responsibilities will include but not limited to**: - Preparation of monthly management accounts, quarterly reviewed accounts and annual audited financial statements (all in compliance with IFRS) -...

  • Finance Director

    4 days ago

    Jeddah, Saudi Arabia Quest Search and Selection Full time

    Ref: JO- 2204-110101 | £8201.76 - £10932.95 per month + Additional Benefits | Location:Jeddah, Saudi Arabia | Added:15/06/22 Quest Search & Selection are delighted to partner with this Saudi-based group of companies that are involved in Retail, Food & Beverage and Real Estate. This role is with one of their global retail brands focusing on non-food...

  • Finance Manager

    5 days ago

    Jeddah, Saudi Arabia SAS Global Consultants Full time

    The Role SAS Global are currently recruiting for an experienced Finance Manager who comes from a real estate background for a $15billion mixed use residential and hospitality programme in Jeddah, KSA. Responsibilities: - Prepare property valuation and cash flow models in Excel for use in acquisitions, dispositions and financings - Identify risks and...

  • Finance Controller

    1 day ago

    Jeddah, Saudi Arabia HILTI Full time

    **What's the Role?**: The purpose of the role is to provide transparency and support the Finance Business Partner in creating relevant business insights. The role involves identifying opportunities, financial risks and ensuring reliable execution of monthly/quarterly/yearly controlling tasks. The job holder supports the Finance Business Partner (FBP) and/or...

  • Assistant Director of Finance

    2 weeks ago

    Jeddah, Saudi Arabia Hilton Full time

    The role aims to be recognized as trusted advisors in the hotel / hotels. This role supports the finance lead to attract and retains best-in-class finance professionals. This role assists in developing their finance team and enables them to Thrive. The role communicates with impact, ensures a robust control and compliance environment and supports to enable...

  • Cluster Director of Finance

    2 days ago

    Jeddah, Saudi Arabia Hilton Full time

    Cluster Director of Finance The role aims to be recognized as trusted advisors to the business. This role attracts and retains best-in-class finance professionals, develops their finance team and enables them to Thrive. The role communicates with impact to all stakeholders, ensures a robust control and compliance environment and enables the EMEA finance...

  • Head of Finance

    1 week ago

    Jeddah, Saudi Arabia HSB Holding Company Full time

    **JOB SUMMARY** The Finance Director will manage the organization’s financial operations, including oversight of accounts payable and receivable, budgeting, production of financial statements and reports to the senior management team on financial decisions. The Finance Director is responsible for monitoring and maintaining internal controls, while...

  • Director of Finance

    3 days ago

    Jeddah, Saudi Arabia Accor HQ Full time

    The Director of Finance is responsible for providing ethical and consistent leadership in the financial area of the hotel by supplying management with guidance, training and support. The Director of Finance is also responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting ensuring acceptable levels of...

  • Finance Controller

    4 days ago

    Jeddah, Saudi Arabia Kinetic Full time

    A multinational pharmaceutical company is actively looking to appoint a **Finance Controller** to be based in **Jeddah, KSA**. **Please note that due to Saudization, only **_Saudi Nationals_** will be considered** **Key aspects of the role include**: - Ensure all functions of Cost Accounting, Management Accounting, Planning and Budgeting, Management...

  • Accounting & Finance Support

    2 weeks ago

    Jeddah, Saudi Arabia Nomac Full time

    **JOB PURPOSE**: Finance/Accounting department is mainly responsible in preparation, submission and control of accurate financial data for reporting purposes. It provides key support for all the operating units in all financial requirements: (i) Accounting (ii) Financial Control (iii) Treasury and (iv) Controllership. The purpose of this position is to...

  • National Finance Controller

    2 hours ago

    Jeddah, Saudi Arabia Kuehne+Nagel Full time

    An exciting opportunity has arisen for financial professional with excellent analytical and communication skills to join our team as a National Finance Controller. The scope covers the cluster of Saudi Arabia and Bahrain and the role can be based either in in Jeddah, Saudi Arabia or Manama, Bahrain. You should have financial controlling experience, advanced...