Finance Manager

2 days ago


Riyadh, Saudi Arabia Ghothah Trading Full time

**Responsibilities**
- Responsible for overall financial control, financial reporting, and financial supervision.
- Work closely with the CEO and stakeholders as an effective developer of solutions to business challenges.
- Budget & operational plans preparation based on sales targets, new product launches, recipes, margins, fixed/variable expenses, HR costs, funding requirements, etc.
- Preparation and Finalization of Annual Operational Plans - Budgets. Liaise with stakeholders to obtain & finalize Sales targets based on Profitability needs. Presentation of Budgets and all its aspects in Budget.
- Timely submission of the Head Office Reporting Requirements which mainly include Standalone and Consolidated Financial Statements of all products, Receivable Ageing Reports, Inventory Ageing Reports, and Subsequent Collection against Overdue Receivables.
- Developing long-term business plans based on financial reports and analysis.
- Review and finalization of Capital Expenditure Requests (CAPEX) and Operational Expenditures (OPEX).
- Cash management by preparation of cash flow projections and supervision of cash management activities i.e., monitoring and control of cash receipts and disbursements to meet the business and Reinvestment needs.
- Inventory management by identifying the level of inventory for uninterrupted supply with reduced investment in inventory
- Creditors’ management by identifying & implementing appropriate credit policies.
- Manage, prepare, and file VAT returns and correspondence with GAZT/ZATCA, KSA.
- Liaising with auditors to ensure the annual audit is carried out timely.
- Manage all matters related to Annual Zakat Returns.

**Qualifications**
- Bachelor's degree or higher in Finance or related field, Professional accounting qualification (CA/ACCA/CFA) is an added advantage.
- 10+ years of relevant experience.
- F&B or Hospitality experiences are essential.
- Well versed with ERP systems, and reporting tools.
- Well versed with GAAP and IFRS framework.
- Detail-oriented and analytical

Current Job Profile and contract end date
Current location
Notice period
Current Salary and benefits
Family Status
Iqama Validity

**Salary**: From ﷼10,000.00 per month



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