Finance Manager
3 months ago
**Our client is an international fast food chain, Urgently looking for a highly qualified, self-motivated, finance manager with extensive experience in the **_**restaurant industry.**_
**Role**: Finance Manager
**Industry**: restaurants, fast-food chains
**Location**: Riyadh
**Requirements & Personal Attributes**:
- Qualified Accountant with at least **5 years’ experience in the **restaurant industry**, managing a complete finance team.
- Able to demonstrate up-to-date knowledge of current accounting and tax standards.
- Must be self-motivated, have high attention to detail, possess exceptional Excel skills, and have an inclusive and determined approach to getting things done.
- Highly analytical; proven ability to manage new ideas and creative solutions and demonstrated experience managing projects from start to close.
**Primary Job Purpose**:
To oversee day-to-day finance function, business partnering with KSA Partners on Financial activities as well as keeping them informed on Financial KPIs.
**Duties & Responsibilities**:
- Responsible for managing day-to-day Finance operations.
- Handling/managing all audit requirements both internal & external.
- Handling/managing all ZATCA’s requirements (monthly & yearly) for all Zakat & Tax inspections, including but not limited to; VAT, Withholding Tax & ZAKAT’s return.
- Ensuring full compliance on all current & new regulations in coordination with all concerned departments as well as external authorities.
- Managing monthly, quarterly & yearly closing of the books and submitting the respective complete package to the company's CFO.
- Monitoring all financial KPI’s ensuring solid financial discipline is followed in all company activities.
- Perform product costing activities including inventory management and material variances.
- Determine controls to safeguard all company assets.
- Ensuring the efficiency & accuracy of monthly Cost run by checking the alignment between cost sheets, inventory valuation & the General ledger, Handling utility & labor cost management by testing the reasonableness between input & yield to guarantee the efficiency of management accounting reporting.
- Monitoring KSA-wide client disbursement requests, ensuring compliance as per the approval matrix and ensuring the most appropriate payment channel is observed.
- Work closely with the Central Cash & Treasury team on cash flow management for operating and client funds.
- Managing banks’ relationships including requirements and ensuring all controls are in place to support cash management.
- Manage company treasury including working capital management & coordinating with banks for the necessary facilities and loans.
- Verifying and ensuring the accuracy of KSA-wide Payroll by internal policies and KSA Labor Law.
- Preparation, Verification, and Submission of Withholding Tax (WHT) Report, Value Added Tax (VAT), Audit, and Transfer Pricing document to KSA General Authority of Zakat and Income Tax (GAZIT).
Application Question(s):
- Current location?
- Nationality?
- How many years of work experience as finance manager in restaurant industry do you have?
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