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Finance Manager

8.00 to 10.00 Years   Eastern Province, Saudi Arabia   26 Aug, 2024
Job LocationEastern Province, Saudi Arabia
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryTrading & Commodity Trading
Functional AreaNot Mentioned

Job Description

˙˙˙˙˙˙Financial Planning & Analysis:o˙˙Develop and manage the financial planning, budgeting, and forecasting processes.o˙˙Provide insightful financial analysis to support decision-making, focusing on profitability, cost control, and financial efficiency.o˙˙Prepare monthly, quarterly, and annual financial reports, highlighting key financial metrics and variances.˙˙˙˙˙˙Commercial Finance:o˙˙Collaborate with the commercial team to develop pricing strategies and assess the financial impact of commercial decisions.o˙˙Evaluate and monitor the financial performance of trading activities, ensuring alignment with business objectives.o˙˙Lead initiatives to optimize working capital and manage cash flow, including managing credit terms and payment cycles, to ensure operational liquidity.˙˙˙˙˙˙Supply Chain Finance:o˙˙Oversee supply chain finance activities, including inventory management, supplier payments, and cost control.o˙˙Work closely with supply chain and procurement teams to optimize the financial aspects of the supply chain, ensuring cost-effective operations.o˙˙Analyze and mitigate financial risks associated with supply chain activities.˙˙˙˙˙˙Cost Accounting:o˙˙Manage cost accounting processes, ensuring accurate allocation of costs to products and services.o˙˙Monitor and analyze cost variances, identifying opportunities for cost reduction and process improvement.o˙˙Support the development of cost-saving initiatives and monitor their financial impact.˙˙˙˙˙˙Financial Compliance & Risk Management:o˙˙Ensure compliance with financial regulations, accounting standards, and internal policies.o˙˙Identify and mitigate financial risks, including currency exposure, credit risk, and market fluctuations.o˙˙Liaise with external auditors and manage the audit process.˙˙˙˙˙˙Team Leadership:o˙˙Lead and mentor the finance team, fostering a culture of continuous improvement and professional development.o˙˙Collaborate with cross-functional teams to support business initiatives and drive financial performance.

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