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Finance Manager

1.00 to 10.00 Years   Riyadh, Saudi Arabia   08 Sep, 2021
Job LocationRiyadh, Saudi Arabia
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryPerfume & Cosmetics; Retail & Wholesale; Fashion & Apparel
Functional AreaNot Mentioned

Job Description

  • Assist in Strategic plan
  • Manage company Budget Preparation ,issue Master Budget with Management approval
  • Prepare comparative report between approved Budget Vs achievement in attach to Variance Explanation
  • Issue Periodical Financial Statements ( Balance Sheet) for all companies and consolidated statement.
  • Provide Profit & Loss reports for all company units and segments like ( Branches, Departments,Customers , SKU, Salesman,...etc )
  • Excellent Cash flow Management to maintain company liquidity and avoid financial Stress or slack .
  • Follow up Customers Aging to improve collection plan and reduce Bad debts.
  • Make sure all company disbursements placed in efficiency and effectiveness manner
  • Cost Management and reduction depend on Cost Behavior Monitoring and focus on weakness elements
  • prepare Financial Analysis reports (such as SWOT analysis, Break even point, PARITO ..etc) to help management to take sound decision
  • Prepare accurate Monthly VAT return, and maintain filling with related documents .
  • Calculate Excise Tax for applied products and submit the return
  • Motivate and lead Finance Team in the organization to achieve company Goals
  • Professional deal with Saudi custom and Logistic Agents till goods deceleration then to warehouse
  • Inventory Control by professional ways to detect fraud or error .
  • Control purchase cycle and payable accounts whatever import or local.
  • observe All branches activity day to day and overcome Obstacles
  • review and approve Monthly payroll
  • Provide creative alternatives and recommendations to reduce costs and improve financial performance.
  • Minimize credit risk of the company by exercising proper control on receivables and comply with credit policy.
  • Maintain financial records & systems in accordance with IFRS & accounting Standards

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