Bu finance director - saudi arabia, saudi arabia

Job summaryto direct the day-to-day financial activities of the bu; control its financial resources and ensure that all financial transactions, systems and procedures comply with regulations, accounting principles, and standards. activities may include financial analysis and reporting; taxation; insurance; credit control; accounts payable and receivable; inventory, costs control, budgeting and forecastingjob responsibilities 1oversee all financial operations and direct corporate financial planning and structure.ensure monitoring of operations is done in an effective and precise manner to achieve the percentile targets on planning, forecasting, budgeting and reporting datescoordinate, analyse and report the financial performance to management (financial performance, projections and other special projects as required).ensure reliability of data presented in reports to the management on a real-time basis or as per deadlineprepare short and long-term financial forecasts of financial performance for use with internal management and external parties.ensure accuracy of forecasts keeping abreast with the allowable percentile varianceoversee and lead annual budgeting and planning; administer and review all financial plans and budgets; monitor progress and changes and keep senior leadership team abreast of the organization’s financial statusjob responsibilities 2ensure that plans and budgets had been properly reviewed and based on smart principle, accurate and transparent.ensure that the financial status of the company is closely monitored, and the management is aware of the organization’s monthly or real-time financial status.analyse and classify risks and investments to determine their potential impacts on companiesensure risk assessment on every investment is accurate, transparent, clear and within the acceptable percentile riskevaluate financial reporting systems, accounting and collection procedures, and investment activities, and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions.ensure a healthy cash flow to support operational requirements.skillsjob knowledge & skills• strong knowledge of ifrs• excellent written and verbal communication skills and the ability to discuss issues in a language suitable to the audience• can perform at an advance level of word, excel, and power point• budgeting and financial planning experience• knowledge of final responsibility for the quality and content of all financial data, reporting and audit.• management skills to analyse programs, policies and operational need• erp knowledge preferably sap functional skills are a requirement to be successful in this role.job experienceminimum 12 years of experience in accounting/ finance with atleast 5 years in gcc region.cpa, cma or equivilant is requiredideally from one of the big 4 audit firms or a holding groupcompetenciescollaborationaccountabilityresiliencequalityleadershipcreates strategy - proficientdrives performance - proficientdevelops future leaders - proficientbudget preparation and reporting l4profit sharing plans l4business valuations l4risk management l4financial control l4educationbachelor's degree in accounts and finance

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