Financial Manager
2 days ago
Key Responsibilities:
- Prepare and review financial statements, balance sheets, profit & loss accounts, and cash flow statements.
- Ensure compliance with International Financial Reporting Standards (IFRS), Saudi tax laws, VAT, Zakat, and other regulatory requirements.
- Coordinate monthly, quarterly, and annual financial closing and prepare management reports.
- Liaise with external auditors, tax consultants, and regulatory bodies to ensure smooth audits and compliance.
Budgeting & Forecasting:
- Develop and manage annual budgets, forecasts, and financial models to support business decisions.
- Analyze financial performance, variances, and trends to provide strategic insights and recommendations.
- Assist in formulating the company's financial strategy and risk management policies.
Accounting Operations & Controls:
- Oversee daily accounting operations, including payables, receivables, payroll, and bank reconciliations.
- Maintain and enhance internal financial controls to safeguard company assets and prevent fraud.
- Ensure accurate and timely recording of financial transactions.
- Optimize cash flow management, working capital, and cost control initiatives.
Leadership & Team Management:
- Lead and mentor the accounting team, fostering a culture of accountability and continuous improvement.
- Provide guidance and training to junior accountants to enhance their financial knowledge and capabilities.
- Collaborate with other departments to ensure financial alignment with business objectives.
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