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Finance Manager

Client of Gulf Manager

Posted on February 11, 2019

10 - 11 years Eastern Province - Saudi Arabia

Bachelor of Commerce(Commerce). Any Nationality

Opening 01

Job Description

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To manage financial activities/operational issues related to finance and to meet the objectives set for the organization.
• Plan, organize, coordinate, manage and control all functions of finance and account sections.
• Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, and/or reports required by the higher management.
• Manage employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
• Maintain current knowledge of company policies and procedures, and current accounting standards.
• Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with organization as well as government requirements and regulations.
• Receive and record requests for disbursements; authorize disbursements in accordance with policies and procedures.
• Monitor financial activities and details such as reserve levels to ensure that all legal and regulatory requirements are met.
• Monitor and evaluate the performance of accounting and other financial staff; recommend and implement personnel actions such as promotions and dismissals.
• Develop and maintain relationships with banking, insurance, and non-organizational accounting personnel in order to facilitate financial activities.
• Coordinate and manage the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
• Develop internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting.
• Analyze the financial details of past, present, and expected operations in order to identify development opportunities and areas where improvement is needed.
• Advise management on short-term and long-term financial objectives, policies, and actions.
• Evaluate needs for procurement of funds and investment of surpluses, and make appropriate recommendations.
• Lead staff training and development in budgeting and financial management areas.
• Monitor Receipt of cash and checks, and deposit funds.
• Compute, withhold, and account for all payroll deductions.
• Determine depreciation rates to apply to capitalized items, and advise management on actions regarding the purchase, lease, or disposal of such items.
• Make financial analysis and give recommendations on them
• Participating in strategic planning, and formulating long-term business plans.
• Conducting reviews and evaluations for cost-reduction opportunities.
• Monitoring cash flow, receivable and inventory control.
Skills & Qualifications:
• Must have at least a Bachelor Degree in Accounting or Finance, preferably with additional higher specialized certificates in Finance or Management / Cost Accounting, such as CMA, CFM, or CPA.
• Minimum 10 years work experience.
• Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
• Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
• Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
• Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
• Motivating, developing, and directing people as they work, identifying the best people for the job.
• Determining how money will be spent to get the work done, and accounting for these expenditures.
• Establishing long-range objectives and specifying the strategies and actions to achieve them (develop policies, procedures, methods, or standards)


Finance / Treasury

Keywords

Finance Manager

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