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Finance Manager

10.00 to 15.00 Years   Dammam - Saudi Arabia   12 Dec, 2019
Job LocationDammam - Saudi Arabia
EducationMBA/PG Diploma in Business Mgmt, Chartered Accountant(Chartered Accountant), CA Inter(Chartered Accountant), Chartered Financial Analyst(Finance), Any Graduation.
SalaryNot Mentioned
IndustryConstruction / Civil Engineering
Functional AreaNot Mentioned

Job Description

Fields: Industrial Construction and Maintenance (Oil & Gas, Petrochemical)Job Purpose:Heading the complete profit center operations and designing effective plans & strategies with a view to achieve business objectives and growth in revenues and profitability. Managing finance functions viz. determining financial objectives, designing & implementing systems, policies, conducting cost analysis and reporting variances to facilitate internal financial control, monitoring activities like establishment, banking, insurance, disbursement of payroll and cash management. Advice and adhere support to other department managers on Finance and Accounting issues Knowledge, skills and experienceBachelor?s degree required in one of the following areas: Financial, Management accounting, Auditing, Costing, Economics, Statistics, MBA is desirable, 10-15 years of experience in Finance. Good knowledge of software packages and specialized statistical analysis of financial data, and the development of forecasts such as CRM.Job description / Role? Financial Planning and Funds Management.? providing and interpreting financial information? monitoring and interpreting cash flows and predicting future trends? analyzing change and advising accordingly? formulating strategic and long-term business plans? analyzing competitors and market trends? developing financial management mechanisms that minimize financial risk? conducting reviews and evaluations for cost-reduction opportunities? managing a company's financial accounting, monitoring and reporting systems? liaising with auditors to ensure annual monitoring is carried out? developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organizations such as the Inland Revenue? producing accurate financial reports to specific deadlines? managing budgets? supervising staff? keeping abreast of changes in financial regulations and legislation.? preparing revenue forecast and cash flow statements for availing various credit facilities from Banks- Fund based and Non fund based.? Developing and maintaining cordial relations with all providers of funds.Required Competencies:? Conceptual & Analytical Thinking.? commercial and business awareness.? excellent communication and presentation skills.? an analytical approach to work.? high numeracy and sound technical skills.? problem-solving skills and initiative.? negotiation skills and the ability to influence others.Job Context:? Work almost independently on the assigned area. Analysis various trends, market requirements. ? Finance Manager /prepare following reports:o Financial Plano Monthly Management Report (MMR)Communications & Working RelationshipMeets with MACO management very frequently to provide advice on market trends and the performance of the company. Piloted monthly, quarterly, annual, and ad-hoc reports with analysis for Executive Management and Board of Directors. Prepared and interpreted the actual monthly financial statements and reviewed the balance sheet reconciliations.Problem Solving:Involves with a wide range of complex issues such as relation with clients, market and banks and provide innovative solutions. Decision Making, Authority and Responsibility:Works almost independently and in an unstructured environment in the preparation of report, trends analysis and market analysis. Free to select tools, techniques and approaches. All final decision needs to be consult with the senior management.

Keyskills :
Financial

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