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Financial Operations Manager

2 months ago

Jeddah, Makkah Province, Saudi Arabia Domo Ventures W.L.L. Full time
Job Title: Financial Operations Manager

Company: Domo Ventures W.L.L.

Job Type: Full-time

Industry: Manufacturing

Location: Jeddah/KSA

About Us:

Domo Ventures W.L.L. is 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.

Job Summary:

We are seeking a skilled Financial Operations Manager to join our dynamic team. As a Financial Operations Manager, you will be responsible for evaluating financial information, conducting strategic analyses, and reporting. Your primary aim will be to influence decision-making within the organization and spearhead cross-business initiatives.

Responsibilities:

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

Requirements:

Education: Bachelor's degree in finance, accounting, business, or a related field.

Skills:

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