Finance Manager
3 weeks ago
**Al Hadeel International Trading Company**is 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 Manager
Place of Work: Jeddah, KSA
Experience: Minimum 10 years (GCC experience preferred).
Immediate Hiring - Local Hiring or Company can provide Visa.
**Responsibilities**:
Financial Planning and Analysis:
- Develop and implement financial strategies, budgets, and forecasts.
- Conduct financial analysis, evaluate financial performance, and identify areas for improvement.
- Provide financial insights and recommendations to support strategic decision-making.
- Monitor key financial indicators and prepare regular reports for management.
- Analyze Financial statements monthly, quarterly and yearly.
- Monitoring daily account transactions.
- Lead and mentor the finance team, fostering a culture of excellence and continuous development.
2. Financial Reporting:
- Prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.
- Ensure compliance with accounting standards, regulations, and reporting requirements.
- Analyze financial data and present findings to management and stakeholders.
- Develop and maintain internal controls to safeguard company assets.
- Knowledge of Zakat, Income tax and VAT.
- Accounts and finance finalization monthly, quarterly and yearly.
3. Cash Flow Management:
- Manage cash flow, including budgeting, forecasting, and monitoring of cash flows.
- Optimize working capital and liquidity management.
- Implement strategies to minimize financial risk and maximize return on investment.
4. Budgeting and Cost Control:
- Develop and oversee the budgeting process.
- Control costs, identify cost-saving opportunities, and recommend cost-cutting measures.
- Monitor expenses and analyze variances against budgets.
5. Financial Risk Management:
- Identify and assess financial risks, such as market fluctuations, credit risks, and operational risks.
- Develop risk mitigation strategies and policies.
- Foster cross-functional partnerships to drive financial success and improve processes.
Qualifications:
- Master degree in Finance, Accounting, or a related field.
- Proven experience as a Finance Manager or in a similar senior financial leadership role.
- Extensive knowledge of financial principles, practices, and regulations.
- Strong analytical and problem-solving skills.
- Exceptional leadership and communication abilities.
- FMCG industry experience is highly desirable.
**Job Types**: Full-time, Permanent
Application Deadline: 15/06/2023
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