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Finance Manager

4.00 to 10.00 Years   Riyadh, Saudi Arabia   16 Feb, 2022
Job LocationRiyadh, Saudi Arabia
EducationMaster's degree
SalaryNot Mentioned
IndustryAccounting; Accounting; Accounting
Functional AreaNot Mentioned

Job Description

Duties & Responsibilities:- Proposal to develop the companys general financial policies and submit them to the Director-General for approval.- To explain the financial policies of the directors of the departments, to clarify the procedures and rules to be maintained in this regard, and to monitor their effectiveness.- Maintain a complete copy of the companys financial and accounting system, develop it in accordance with the companys circumstances and needs and submit it to the Director-General for approval and approval.- Ensure that all sections and departments comply with the companys financial instructions.- Providing professional assistance, coordination, and advice to the Head of the department in the company, including providing accounting information on transactions with a financial impact and explaining and facilitating the use of the financial reports issued by the departments for each of them.- Communication on behalf of the company with financial institutions such as banks, insurance companies, and others, and resolution of issues relating to the companys finances, such as problems of opening accounts, granting facilities, or opening documentary credits.- Review contracts and all obligations before concluding with others to determine their financial impact on the company and make observations thereon.- Ensure that the financial terms of contract and purchase are applied both in contracts and in purchase orders.- Supervision and control of the work of the Accounting Section, verification of the application of the financial and accounting system, compilation and audit of accounting information, and preparation of financial and periodic reports on the results of the companys business and financial situation.- supervision the implementation of procurement and inventory procedures, and ensures their safety and compliance with approved policies.- supervision the preparation of the estimated budget and making sure that the directors of departments and heads of departments understand the method of preparing it and checking the information and numbers contained therein.- review the reports of the estimated budgets, compare the actual results with those estimated, analyze the deviations, and discuss them with the officials in the sections and departments to determine their causes and then take the corrective decisions necessary to address them.- Ensuring the participation of the Finance Department in the periodic inventory of fixed assets and stored items, the euphemism for allocations and redemptions, and the integrity of the precautions taken to protect the company?s funds- Monitoring the receipt and disbursement operations and ensuring that they are carried out in accordance with the established procedures and that they are within the limits of the approved administrative and financial powers.- supervision the preparation of the company?s final accounts and ensured their completion on time, informing the Director-General of them and following up their auditing and approval by external auditors.- Carrying out any financial studies or analyses requested by the Director-General.

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