Head of Finance

3 days 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 overseeing financial systems and related compliance requirements and the financial services area including Credit, investment portfolio and business risk management.

**TASKS**
- Monitoring business performance
- Planning, budgeting and authorizing expenditures
- Allot funds for capital/projects and ensure they stay on track financially
- Develop annual financial plans and projections for the company
- Conduct analysis of financial risks and benefits on business initiatives
- Competitor analysis
- Strategic planning
- Hiring, training and retaining competent finance and accounting staff

**DUTIES & RESPONSIBILITIES**
- Ensure that credit risk is balanced with business objectives, targets are met and that only valid claims with proper management authorization are paid.
- Oversees the general accounting function, which includes inter-company accounting, cash management/reconciliation, financial reporting, balance sheet management and royalty management.
- Accountable for ensuring that policies and procedures (internal controls) are in place to provide reasonable assurance that the company assets are protected.
- Coordinates and oversees the activities relative to internal controls documentation and testing and segregation of duties.
- Serves as the local resource for all audit questions regarding methodology and procedure.
- Provides technical accounting GAAP guidance and support to all company entities. This may include involvement in due diligence and other activities surrounding acquisitions/dispositions.
- Ensures that company financial records are maintained in compliance with company policies and local financial regulations/by laws. Responsible for reviewing monthly/quarterly account reconciliations and other documents to ensure this compliance.
- Ensures that company financial reports are prepared in compliance with policies and directives, audit and legal reporting requirements.
- Supervises the completion of ZAKAT, GAZETTE and other tax reporting requirements (including income, property, sales and use, payroll and other local taxes), insurance reports and other reports required by government regulation. Also, assists Corporate Tax, Treasury and Risk departments with dealing with tax related issues and meeting reporting requirements.
- Ensures that the ERP system continues to operate as required. Involved in validating/designing suggested changes to ensure financial/accounting requirements continue to be met.
- Coordinates work relating to both internal and external audits in the periodic review of the company financial records. Is further responsible for the implementation of agreed upon recommendations, related to areas of responsibility, resulting from the audit findings
- Ensures that the finance and accounting department is staffed with qualified financial personnel capable of meeting the objectives and responsibilities. Responsible for continued development of these associates.
- Plan, implement and manage the overall financial strategy of the organization.
- Be aware of the company's financial position at all time, including cash flows and budgeting needs.
- Constantly suggest ideas for improvement and process optimization.
- Set targets for finance & accounting personnel and set up KPIs for financial performance.
- Develop fundraising strategy and build close relationships with partners and investors.
- Responsible for financial research and forecasts.
- Lead the annual budgeting and planning process in conjunction with the CEO; administer and review all financial plans and budgets; monitor progress and changes and produce monthly budget versus actual reports.
- Develop appropriate investment strategies and oversee their implementation.
- Work with Executive team on the strategic vision including fostering and cultivating stakeholder relationships, as well as assisting in the development and negotiation of contracts.
- Participate in developing new business, specifically: assist in identifying new funding opportunities, the drafting of prospective programmatic budgets, and determining cost effectiveness of prospective project/product/service delivery.
- Assess the benefits of all prospective contracts and advise the Executive team.

**KNOWLEDGE, SKILLS, ABILITIES, OTHER CHARACTERISTICS**

**Knowledge of**: financial budgeting and forecasting, deep understanding of full life-cycle accounting, IFRS, GAAP reporting, accounting principles, organizational knowledge, financial principles and processes.

**Language skills**: Proficiency in English both written and verbal, ability to converse in Arabic would be an added advantage.

**Computer Skills**: Ex

  • Corporate Finance Manager

    4 days ago

    Jeddah, Makkah Province, Saudi Arabia Adecco Careers Full time

    Job SummaryAdecco Careers seeks a highly experienced Finance Specialist to join their team in Jeddah. The successful candidate will be responsible for leading the finance and accounting function, ensuring compliance with local regulations and group standards.This is a key role that requires strong leadership skills, analytical thinking abilities, and...

  • Consultant Head and Neck Surgeon

    7 days ago

    Jeddah, Makkah Province, Saudi Arabia Client of Domo Ventures W.L.L. Full time

    Head and Neck Surgeon:We are seeking a highly skilled consultant head and neck surgeon to join our team at Client of Domo Ventures W.L.L. As an otolaryngologist, you will be responsible for treating patients with tumors in the head or neck.Job Responsibilities:Treating patients with tumors in the head or neckAssisting patients with a limited or altered sense...

  • Head of Accounting and Finance

    6 days ago

    Jeddah, Makkah Province, Saudi Arabia Saudi Petroleum Services Polytechnic Full time

    About the RoleThe Financial Controller will be responsible for managing the company's financial assets, providing complete and accurate financial information, and implementing accounting policies and systems.ResponsibilitiesMain Responsibilities:Develop and direct the implementation of accounting policies, programs, and systems.Conduct detailed financial...

  • Head of Finance and Operations

    5 days ago

    Jeddah, Makkah Province, Saudi Arabia First Resort Global Recruitment Full time

    About the JobWe are seeking a highly experienced Chief Financial Officer to join our client's team in Jeddah, Saudi Arabia.Key ResponsibilitiesThe successful candidate will be responsible for:Driving expansion forward in both existing and new businesses.Supporting the Executive VP in driving cultural change throughout the organization.Developing and...

  • Head of Compliance and Governance

    7 days ago

    Jeddah, Makkah Province, Saudi Arabia Client of Michael Page Full time

    About the RoleWe are seeking an exceptional Head of Compliance and Governance to join our team at Client of Michael Page. As the lead compliance officer, you will be responsible for developing and implementing effective compliance programs that ensure the company's adherence to all relevant laws and regulations.Key ResponsibilitiesDesign and implement...

  • Head of Marketing

    3 days ago

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

    POSITION DETAILS: Position Title: HEAD OF MARKETING Reports to: CEO Department: MARKETING KEY RESPONSIBILITIES: Team Management (when applicable): - Responsibility for the management of employees in the team (when applicable): - Manage and direct day-to-day activities of direct report/s to ensure timely delivery of activities. - Provide on-going career...

  • Finance Manager

    1 week 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...

  • Senior Finance Partner

    7 days ago

    Jeddah, Makkah Province, Saudi Arabia MedNet Global Healthcare Solutions LLC Full time

    Company OverviewMedNet Global Healthcare Solutions LLC operates as a leading Third Party Administrator across the MEA region within Munich Re. Our commitment to delivering exceptional services drives our pursuit of top talent.Salary and BenefitsThis role offers an attractive compensation package.Job DescriptionWe seek a highly skilled Finance Business...

  • Head of Learning Support Services

    7 days ago

    Jeddah, Makkah Province, Saudi Arabia American School of Jeddah Full time

    About the RoleThe American School of Jeddah invites applications for the position of Head of Learning Support Services, focusing on the identification, nurturing, and support of gifted and talented scholars.Key ResponsibilitiesProgram Development:Establish and manage programs that cater to the unique educational and socio-emotional requirements of gifted...

  • Commercial Finance Specialist

    7 days ago

    Jeddah, Makkah Province, Saudi Arabia MedNet Global Healthcare Solutions LLC Full time

    Key AccountabilitiesThe selected candidate will be responsible for driving financial strategy, enhancing reporting capabilities, and fostering collaborations with various departments to inform business decisions.Main Responsibilities:Develop and manage month-end and quarter-end financial reports and budgets to align with overall business...

  • Financial Analyst

    2 days ago

    Jeddah, Saudi Arabia Unilever Full time

    **Company Profile**: At Unilever you are more than your job title, you are part of the world’s most successful, purpose-led business. Work with brands that are well-loved around the world, that improve the lives of our consumers and the communities around us. We produce world-leading brands including Knorr, Dove, Axe, Hellmann’s and Omo, alongside...

  • Senior Accountant

    4 days ago

    Jeddah, Makkah Province, Saudi Arabia Adecco Careers Full time

    About the RoleAdecco Careers is looking for a Finance Specialist to lead the assessment and restructuring of their finance and accounting functions in Jeddah. This is a strategic assignment that requires expertise in designing and implementing financial processes that align with local regulations and global standards.The successful candidate will have a...

  • Compliance Specialist

    4 days ago

    Jeddah, Makkah Province, Saudi Arabia Adecco Careers Full time

    About the CompanyAdecco Careers is a leading recruitment agency that provides temporary and permanent staffing solutions to clients across various industries. We are currently seeking a highly skilled Finance Specialist to join our team in Jeddah.The successful candidate will be responsible for leading the finance and accounting function, ensuring compliance...

  • Financial Analyst

    4 days ago

    Jeddah, Makkah Province, Saudi Arabia Adecco Careers Full time

    Job OverviewAdecco Careers is seeking a highly skilled Finance Specialist to join their team in Jeddah. As a key member of the finance function, you will be responsible for assessing and restructuring the existing finance and accounting processes to align with local requirements and group standards.The ideal candidate will have experience in setting up or...

  • Senior Associate, Regional Coordinator

    1 day ago

    Jeddah, Saudi Arabia Islamic Development Bank Full time

    JOB PURPOSE This role is responsible for coordination work and proving operational and administrative support to Relationship Managers posted in ITFC’s filed offices (i.e. Outposts). More specifically the responsibilities will include, among others, the following: coordinate, follow up, and report on ITFC’s overall regional presence operational support...

  • Chief Tax Officer

    6 days ago

    Jeddah, Makkah Province, Saudi Arabia Al Ahli Full time

    We are looking for a highly skilled and experienced professional to join our team as the Head of Financial Integrity.About the RoleThe Head of Financial Integrity will oversee and manage all aspects of the company's financial and operational integrity, ensuring compliance with local regulations and risk management practices.Key ResponsibilitiesContinuous...

  • Lead Otolaryngology Physician

    7 days ago

    Jeddah, Makkah Province, Saudi Arabia Client of Domo Ventures W.L.L. Full time

    Otolaryngology Physician:We are seeking a highly skilled lead otolaryngology physician to join our team at Client of Domo Ventures W.L.L. As an otolaryngologist, you will be responsible for treating patients with ear, nose, throat, and head/neck conditions.Job Duties:Treating patients with ear, nose, throat, and head/neck conditionsCollaborating with other...

  • Manager, Financial Reporting

    7 days ago

    Jeddah, Saudi Arabia Kinan Full time

    Operating Environment: - Based at HQ. - Regular meetings with Divisions, Auditors, BLT etc. - Occasional travelling throughout the region as well as some international travel. - Provides significant support to the senior management in decision making. - Work targets cover various timeframes depending on the nature of assignments. Communications & Working...

  • Chief Financial Officer

    7 days ago

    Jeddah, Saudi Arabia Schindler Full time

    **Location: Jeddah, Jeddah, Saudi Arabia** **Requisition ID: 64931** Schindler stands for mobility. Mobility needs experts. Join our team in Jeddah. Founded in Switzerland in 1874, the Schindler Group is a leading global provider of elevators, escalators, and related services. Schindler mobility solutions move one billion people every day all over the...

  • Facilities Maintenance Manager

    3 days ago

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

    Job Summary The Facilities Operation Head has the overall responsibility for the strategic direction and performance of the Facilities Management Company. He is responsible for the effective and efficient employment of all assets and resources of the company to achieve its strategic growth and profitability goals set by the Board of Directors and as defined...