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Finance Director

15.00 to 0.00 Years   Riyadh, Saudi Arabia   28 Nov, 2023
Job LocationRiyadh, Saudi Arabia
EducationMaster's degree
SalaryNot Mentioned
IndustryOther Business Support Services
Functional AreaNot Mentioned

Job Description

  • Responsible for overseeing financial operations within KSA market. This role focuses on ensuring financial compliance, managing financial functions, and providing strategic financial guidance.
  • Lead teams in accounting, collections, treasury, and taxes.
  • Collaborate with CXOs, Executive Directors and Country Manager to align financial strategies with the companys objectives.
  • Contribute to the preparation of annual budgets and operational plans.
  • Develop innovative financing solutions to support business growth plans, including fostering relationships in the banking and investment sectors.
  • Assist in achieving or exceeding profit and loss (P/L) targets within the region.
  • Anticipate and proactively address the impact on business targets, suggesting solutions and making adjustments to forecasts.
  • Identify financial and operational risks and develop strategies to mitigate them.
  • Provide financial insights into strategic management decisions, acquisitions, divestments, joint ventures, and partnerships.
  • Evaluate investment opportunities and assess their financial viability.
  • Review and approve financial transactions, internal control procedures, and financial reporting activities.
  • Ensure the implementation of suitable financial systems, processes, and protocols across all facets of the companys financial management.
  • Oversee and manage foreign exchange risk and movements.
  • Coordinate with internal and external auditors during audit phases
  • Review the accuracy and completeness of financial documents, including reconciliations, journal entries, and financial statements.
  • Coordinate fiscal reporting activities, including revenue/expense and balance sheet reports, cash flow reports, and reports to funding agencies.
  • Build and manage relations with financial stakeholders across all regions.
  • Develop and maintain internal control systems to safeguard assets.
  • Create and maintain a Delegation of Authority Matrix to mitigate risks.
  • Evaluate auditors, finalize agreements, and approve financial statements and tax reconciliations.
  • Oversee the production of monthly reports for the Board.
  • Manage the preparation and consolidation of periodic financial reports.
  • Coach, develop, and mentor high-performing team members and future leaders.
  • Provide appropriate training and development opportunities to finance and accounting staff to enhance their financial management understanding.

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