Financial Controller

2 weeks ago


Riyadh, Saudi Arabia Boutique Michl1 Full time

Assists and provides financial guidance in the formulation and implementation of Strategic Plan, Budget and KPO’s (Goals Program)
- Ensure an up-to-date cash flow projection is maintained and maximizes cash flow performance of the Company through controls on inventory, credit and collection, disbursements, deposits and remittances
- Ensure excess cash is managed to maximize earning potential
- Prepares outlooks for forthcoming months and forecasts for the remainder of the year
- Prepares monthly position of actual results against budget, analyze results and recommend to Executive team measures required to meet budget
- Prepare consolidated quarterly position assessments for the COO
- Distributes outlook and forecast information as an up-to-date management tool for operating departments
- Implement and review financial controls and policies
- Analyze financial and management reports
- Employ adequate internal control procedures to ensure correct authorization for payment procedures
- Manage internal and external audits when they occur
- Provide administrative support to Management with reference to policy enforcement, business advice and operational assistance
- Provide safekeeping, including proper storage and access for all contracts, leases and other financial records
- Follow up on all capital expenditures to ensure compliance with original justification and approval
- Participate in local recognized professional and industry organizations
- Conduct monthly inspections and tests to ensure all departments are complying with required procedures
- Select and monitor the Local Banking arrangements made for the operation
- Ensure all accounts are reconciled on monthly basis, review and approve those reconciliation’s
- Perform related duties and other projects as assigned

**Company Profile**:



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