Finance Manager

at Saudi Recruit
Location Jeddah, Saudi Arabia
Date Posted March 24, 2020
Category Finance Jobs



Job Description

 Manage Monthly, Quarterly & Annual Financial Statement, Management Accounts.

Timely Closing of Monthly books of accounts and present accurate Monthly Financial results to the Management.

Cash Flow Management Projected Cash Flow, Working Capital Management.

Arranging Commercial/Trade Financing from Banks, Price Negotiation, Maintaining Banking Relationship, Compliance with Bankers & Financial institution’s covenants for Smooth Operation of the business

 Engage the Board of Directors around issues, trends, and changes in the operating model, financial model, and operational delivery.


 Preparation and approval of all financial reporting materials and metrics for funding organizations and the Board of Directors; prepare and communicate monthly, quarterly reforecasts and annual financial and operational metrics statements and reports.


 Maintain capital partner relationships and arrange for debt and equity financing


 Finance & Treasury Operation-Letter of Credit, Bank Guarantee, Performance Bond, Bid Bond.


 General Accounting, Accounts Receivable Management & Credit Control, Accounts Payable, Fixed Assets Management & Control, Inventory Control.


 Budgeting Preparation, Developing 5 Years Business Plan, Budgetary Control -Operational Budget, Overhead Budget, Capital Budget & Budgeted Cash Flow.


 Forecasted Financials results.

Dealing with External Auditors for timely finalization of Financial Statement as per International Accounting Standards/IFRS.

VAT Implementation & ZAKAT Filing, IFRS Compliances.

 Statutory Compliance, Group & Company Policies, Internal Audit.

Export / Import & Commercial Matters.

Familiar in IKTVA


Qualification & Work experience


 Minimum 12 years accounting & financing experience. Preference will be given to candidates who have worked in the Mega Constructions industry.

 Qualified accountant (CA, ICWAI, CPA equivalents, M.Com, MBA ( Finance ) or accounting degree) preferred, although consideration will be given to un-qualified candidates with significant relevant experience.


 Candidate must be fluent in English, and the ability to speak Arabic would be preferred.

 Excellent communication skills to enable you to integrate into a large team.


 Flexible and proactive to implementing and/or adapting to change.


- Transferable Iqama

- Prefer who can join immediately / 15 – 30 Days


Interested candidates can send their CV

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