Financial Director

3 days ago


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

**Domo Ventures W.L.L. Overview**

We are a leading producer and distributor of high-quality, eco-friendly, reusable non-woven fabric bags, specializing in branded eco-packaging for supermarkets, footwear, fashion retailers, and corporate promotions.

As a dynamic company, we require a skilled Finance Manager to join our team.

  • This role will involve evaluating financial information, conducting strategic analyses, and reporting on profit & loss, balance sheet, cash flow, pricing, and more.
  • The primary aim is to influence decision-making within the organization and spearhead cross-business initiatives.

**Responsibilities**

  1. Oversee cash flow planning and management to ensure liquidity, and implement strategies to optimize working capital.
  2. Collaborate with business units to develop annual budgets and report on performance to identify areas for improvement.
  3. Review monthly bank reconciliations to ensure proper cut-offs and prevent/detect accounting errors on a timely basis.
  4. Oversee tracking of receivables to ensure timely collection of cash & payables to ensure payment of bills to suppliers.
  5. Control accounting cycle and record all transactions such as fixed assets depreciation, adjusting entries, prepaid & provisions, inter-company reconciliations, and periodic/month-end reconciliation entries.
  6. Produce monthly, timely Financial and Management reports per management requirements.
  7. Review monthly financial reports for all associations and review tax reports, ensuring adherence to financial laws and regulations.

**Skills Required**

  • Exceptional drive and personal initiative.
  • Highly analytical thinker.
  • Excellent interpersonal skills.
  • Strong organizational skills and ability to multitask across multiple projects and work.
  • Strong financial modeling skills and proficiency in financial analysis tools.
  • Effective communication and presentation skills to convey complex financial information.


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