Financial Control Manager

Job Description

We are currently seeking a candidate from India who is willing to work in KSA. Upon selection, we will provide the required visa.Location : RiyadhResponsible for day-to-day financial tasks including maintaining financial records, preparing financial reports, and analyzing financial data, manage and maintain accurate financial records utilizing ERP software, handle tax and treasury-related tasks with familiarity and efficiency, undertake any additional tasks assigned by management.This role requires a proactive individual with strong analytical skills and the ability to handle multiple tasks effectivelyFinancial Management :•Oversee the day-to-day financial operations of the company.•Manage and coordinate the preparation of financial statements and reports.•Ensure compliance with accounting standards and regulations.•Prepare Financial Statements, Reports, And Presentations for Management, Board Meetings, And Other Stakeholders.•In all financial aspects, ensure 100% compliance with the ERP platform by coordinating with suppliers for updates and implementations.•Manage balance sheets and profit/loss statementsBudgeting And Forecasting:•Develop, implement, and monitor budgetary and forecasting processes.•Analyze financial data and trends to provide insights for decision-making.•Delivering daily, weekly, monthly, quarterly and annual reporting with forecasts•Prepare monthly reports comparing departmental/Type of project forecast with actual performance.•In preparing the internal budgeting for each project, closely collaborate with the department head/Profit center, overseeing the monthly and yearly forecasting.•Provide feedback on the internal budget to the head of the concerned department.•For each project, provide a comprehensive report sorted by branches.•Fixed asset accounting and processing FA addition and depreciation in system•Preparation of Request for Quotation & Send RFQ to different client / Vendors, And Examine the Quotations received & make rate comparisons and issue Purchase order/Invoice•Supporting DC management throughout the project life cycle•Advise management on how to craft effective business plans and resolve cost-related issuesInternal Controls :•Establish and maintain internal controls to safeguard company assets and ensure accuracy of financial records.•Oversee Accounts Payable and Receivable Functions, Ensuring Compliance with PaymentTerms And Timely Collections :•Carry additional responsibilities as assigned by the manager, finance and administration.•Receiving and recording vendors’ invoices.•Bank Reconciliation.•Petty Cash Reconciliation.•Maintain insurance plans for employees.•Updating the Daily Bank Transaction.•Register the customer in the company system (ERP)•Keep a log of issued invoices based on the projects terms and conditions.•Follow up with the client to confirm payment and record it in the system.•Oversee processing of payroll changes (e.g. new hires, terminations, raises) and system upgrades•Submit the monthly payroll Management /WPS and upload it to Bank / Mudad.•Instantly reconcile and manage the digital platform for project-based payments.•Accruals reconciliations•Keep a log of fixed asset items across all locations/entity•Intercompany reconciliation.•After receiving confirmation from the department head, publish the leave calendar and provide employees with their leave salary and tickets.•SADAD payments•Maintain and update company records, databases, and filing systems.•Handle monthly, quarterly and annual closingsTax Compliance:•Manage tax-related activities, ensuring compliance with local tax regulations.•Coordinate with external auditors for tax audits.•Conduct periodic audits to identify and address potential issues.•Comply with zakat, GOSI and tax financial policies and regulations.•Submit the VAT or GST for each entity or country according to the specified period.•WHT calculations and payments•Assist in Statutory Audit and Tax Audit•Accounting, bookkeeping, reconciliation and ensuring compliance with statutory requirements.•ZATCAs E-Invoicing Integration is implemented in compliance with the regulations.Cash Management:•Monitor and manage cash flow to ensure liquidity for operational needs.•Optimize working capital and financial resources.•Prepares payments by verifying documentation and requesting disbursements.•Provide a monthly reconciliation report (SOA) for each employees petty cash expenses.•Support businesses in obtaining cash from banks and distributing payments.•Preparation of Cash Receipts and Payment Vouchers.Team Leadership:•Supervise and lead the DC team, fostering a collaborative and efficient work environment.•Provide guidance and support to team members, ensuring professional development.Requirements:•Proficiency In Accounting ERP Software Odoo•Bachelor’s degree in accounting, Finance, or related field.•A professional accounting qualification (e.g., ACCA, CMA, CPA) is highly desirable.•Proven experience or in a similar role.•In-depth knowledge of accounting principles, regulations, and financial reporting.•Proficient in accounting software and MS Office.•Travel may be required based on business needs, either within or outside the country.•Strong analytical and problem-solving skills.Skills And Competencies:•Leadership and team management skills.•Excellent communication and interpersonal abilities.•Detail-oriented with a focus on accuracy.•Strategic thinking and decision-making capabilities.•Ability to adapt to a dynamic work environment.

Keyskills :
Proficiency In Accounting ERP Software Odoo Bachelor’s degree in accounting Finance or related field. A professional accounting qualification (e.g. ACCA CMA CPA) is highly desirable. Proven experience or in a similar role. In-depth knowledge of