Finance and Account Executive

2 weeks ago

الرياض, Saudi Arabia Tafaseel Full time

**Responsibilities**:
**Overseeing Accounting Operations**:
Manage all aspects, including Billing, A/R, A/P, GL, Cost Accounting, and Revenue Recognition.
**Publishing Monthly Financial Statements**:
Ensure timely preparation and dissemination of financial statements each month and analyse monthly financial statements.
**Handling Regulatory Reporting**:
Coordinate all aspects of regulatory reporting with precision.
**Ensuring Compliance**:
Research and comply with technical accounting issues, adhering to standards.
**Quality Control Over Transactions and Reporting**:
Oversee and ensure the integrity of financial transactions and reports.
**Managing Government Reporting and Taxations**:
Stay compliant with local, government authority reporting requirements and tax obligations.
**Developing Business Processes and Policies**:

- Craft and document policies and procedures to strengthen internal controls.
- Track and analyse projects expenses to ensure alignment with corporate budget objectives.
- Manage the approval process for expenses, ensuring adherence to established budget, policies, and procedures.
- Conduct variance analysis to identify deviations from budgeted expenses and recommend corrective actions.
- Analyze cost structures and identify opportunities for cost reduction and efficiency improvements.
- Lead the annual budgeting process and create financial forecasts, monitoring variances and recommending

corrective actions as necessary.
- Manage and optimize cash flow, including working capital, investments, and debt financing.
- Stay updated with and ensure compliance to the UAE tax legislation.
- Oversee a team of finance and accounting professionals, providing leadership, guidance, and mentorship to

promote their growth and development.
- Identify financial risks and implement strategies to mitigate them, including insurance and hedging where

necessary.
- Coordinate external audits, manage relationships with auditors, and oversee all tax planning and compliance

activities.
- Facilitate communication within the team members and partners and key stakeholder.

**Requirements**:
Master's degree in finance and Holder of CA or a CPA or an ACCA and other relevant qualifications.
- Minimum 4 years of local experience in same role.
- Strong understanding of accounting principles, financial reporting standards (e.g., GAAP, IFRS), and financial

analysis tools.
- Excellent analytical and problem-solving skills.
- Strong leadership and communication skills (written and verbal).
- Ability to work independently and as part of a team.
- Proficient in Microsoft Office Suite (Word, Excel).
- Experience with financial modeling and forecasting software.
- Experience with budgeting and forecasting.

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