Finance Manager

4 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

  • Finance Manager

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Al Hadeel International Trading Co. Full time

    Al Hadeel International Trading Companyis seeking a dynamic and experienced Finance Manager to join our FMCG Company. As the Finance Manager, you will play a pivotal role in driving financial strategy and managing the financial well-being of our organization.Position: Finance ManagerPlace of Work: Jeddah, KSAExperience: Minimum 10 years (GCC experience...

  • Accountant

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia National Finance House Full time

    Company DescriptionNational 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, Makkah Province, Saudi Arabia Trella Full time

    Note Apply link will take you to an external website. Ready to change the world? We're reinventing freight and logistics at Trella. We're a YC-backed technology company and we're looking for the best talent out there to help us build and scale our product offering. We aspire to create a step-change in the industry and we want you to be a part of the...

  • Finance Manager

    3 weeks ago

    Jeddah, Saudi Arabia Ppl Dynamic Full time

    Background in inventory management & Bookkeeping - 1 Financial reporting unit - 2 Accounting team: All expanses and transaction monitoring - Project Concept industrial background - Familiar with Zakat and Tax portal - Education: Financial background - 8 years of experience - Good Leadership Skills - Strong Decision-Making Abilities - Team of 8-12 - Reporting...

  • Finance Manager

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Saudi German Aluminum Products Co. (SGAPCO) Full time

    The RoleFinance Manager job description include, but not be limited to: - Collecting, interpreting, and reviewing financial information. - Predicting future financial trends. - Reporting to management and stakeholders, and providing advice about how the company and future business decisions might be impacted. - Producing financial reports related to budgets,...

  • Cluster Finance Manager

    3 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

    4 weeks ago

    Jeddah, Saudi Arabia Hilton Full time

    Cluster Finance Manager A Cluster 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 Cluster Finance Manager, you will lead the Finance department and associated...

  • Finance Manager

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Aggreko, LLC Full time

    Around the world, people, businesses, and countries are striving for a better future. A future that needs power and the right conditions to succeed. We're the people who keep the lights on and control temperature. We are hiring immediately for a Finance Manager - KSA - a role that is critical in making sure our customers get the electricity, heating and...

  • Assistant Finance Manager

    2 months ago

    Jeddah, Saudi Arabia Araamis consulting Full time

    Job description - Ensuring timely and accurate financial reporting and month-end closing activities, - Coordinating and reviewing monthly financial statements in accordance with Uniform System of Accounts and the Hyatt policies and procedures. - Ensure a smooth operation of all hotel finance activities in full compliance with the policy, regulatory and...

  • Cluster Finance Manager

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Hilton Full time

    Cluster Finance ManagerA 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...

  • Assistant Finance Manager

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Araamis consulting Full time

    Job description Ensuring timely and accurate financial reporting and monthend closing activities, Coordinating and reviewing monthly financial statements in accordance with Uniform System of Accounts and the Hyatt policies and procedures. Ensure a smooth operation of all hotel finance activities in full compliance with the policy, regulatory and contractual...

  • Assistant Manager

    4 weeks ago

    Jeddah, Saudi Arabia Candidzone Full time

    **Job Description: Assistant Manager - Finance** Location**:Jeddah - KSA** Position Overview: The Assistant Manager - Finance is responsible for supporting financial operations and managing financial activities in the Jeddah branch The role involves working closely with the Finance Manager and other team members to ensure accurate financial reporting,...

  • Finance Manager

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Ppl Dynamic Full time

    Background in inventory management & Bookkeeping 1 Financial reporting unit 2 Accounting team: All expanses and transaction monitoring Project Concept industrial background Familiar with Zakat and Tax portal Education: Financial background 8 years of experience Good Leadership Skills Strong Decision-Making Abilities Team of 81 Reporting to general Manager...

  • Assistant Finance Manager

    7 days ago

    Jeddah, Saudi Arabia CANDIDZONE Technologies Full time

    We are hiring Assistant Finance Manager to work under our reputed client in Saudi Arabia. **Minimum requirements**: - Bachelor's degree in finance, accounting or equivalent - Relevant experience within the freight forwarding industry - Proficiency in financial analysis, budgeting, and cost control - Financial software knowledge (e.g., TMS, freight...

  • Finance Manager

    2 months ago

    Jeddah, Saudi Arabia Tawzef for Recruitment & HR Consultancy Full time

    Plan organize and execute financial tasks and projects of the organization.Make estimates of funds required for the short and longterm financial objectives of the organization.Complete financial reports lead the monthend closing process and conduct monthly financial forecast.Develop and implement plans for budgeting forecasting and reporting.Achieve a proper...

  • Finance Manager

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia Tawzef for Recruitment & HR Consultancy Full time

    Plan organize and execute financial tasks and projects of the organization.Make estimates of funds required for the short and longterm financial objectives of the organization.Complete financial reports lead the monthend closing process and conduct monthly financial forecast.Develop and implement plans for budgeting forecasting and reporting.Achieve a proper...

  • Finance Manager

    4 weeks ago

    Jeddah, Saudi Arabia Tawzef for Recruitment & HR Consultancy Full time

    Plan organize and execute financial tasks and projects of the organization.Make estimates of funds required for the short and longterm financial objectives of the organization.Complete financial reports lead the monthend closing process and conduct monthly financial forecast.Develop and implement plans for budgeting forecasting and reporting.Achieve a proper...

  • Finance Manager

    2 weeks 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,...

  • Assistant Cluster Finance Manager

    2 months ago

    Jeddah, Saudi Arabia Hilton Full time

    The role aims to be recognized as a trusted advisor in the hotel/hotels. This role supports the finance lead to attract and retain 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...

  • Assistant Finance Manager

    2 weeks ago

    Jeddah, Makkah Province, Saudi Arabia CANDIDZONE Technologies Full time

    We are hiring Assistant Finance Manager to work under our reputed client in Saudi Arabia.Minimum requirements: Bachelor's degree in finance, accounting or equivalent Relevant experience within the freight forwarding industry Proficiency in financial analysis, budgeting, and cost control Financial software knowledge (e.g., TMS, freight management software)...