Developing the financial strategy, including risk minimization plans and opportunity forecasting
Reporting and Presenting to the CFO the consolidated management reporting and financial analytics for all group companies
Liaise with external auditors and local banks within the Kingdom
Have a robust knowledge of the banking
Prepare timely monthly and quarterly financial reporting planning and analysis, and variances and share it with management on a monthly and quarterly basis
Preparation of Annual business plans for holding company and its subsidiaries
Provide accounting and tax advice to business units when required
Preparing cash flow forecast & managing the same closely with the various department stakeholders
Supervise account receivable and payable processes and the related system enhancement initiatives
Perform assessment on the accounting treatment for current / new products and business lines, including but not limited to the booking logic, reporting treatment, and the financial and regulatory reporting impact
Review and implement new accounting standards and ensuring it is properly implemented
Ensure the tax filings / returns are adequately prepared and submitted
Facilitate and manage the preparation and review company Monthly VAT & WHT, coupled with annual zakat tax returns and the accurate, timely filing of all tax forms
Find and implement opportunities for process improvement in company tax procedures
Ensure accurate, timely filing of consolidated federal, state, and local corporate tax returns and other business-related filings
Develop and implement strategic tax planning for all necessary Saudi based taxes such as PE Tax, WHT Tax, Annual Zakat / Corporate Tax, VAT, etc.
Monitor legislative and regulatory tax law developments, communicate the effects of these developments to management and the tax team and create strategies to capitalize on changes to taxation legislation
Implement control measures and financial processes with group companies in alignment with corporate policies and procedures
Improving efficiencies and reducing costs across the business
Ensuring compliance with statutory law and financial regulations
