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BU Finance Director

1.00 to 10.00 Years   Saudi Arabia   18 Mar, 2024
Power International Holding
1 Jobs Openings
Job LocationSaudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryConstruction & Building
Functional AreaNot Mentioned

Job Description

Job SummaryTo direct the day-to-day financial activities of the BU; control its financial resources and ensure that all financial transactions, systems and procedures comply with regulations, accounting principles, and standards. Activities may include financial analysis and reporting; taxation; insurance; credit control; accounts payable and receivable; inventory,˙Costs Control, Budgeting and ForecastingJob Responsibilities 1

  • Oversee all financial operations and direct corporate financial planning and structure.
  • Ensure monitoring of operations is done in an effective and precise manner to achieve the Percentile Targets on Planning, Forecasting, Budgeting and Reporting dates
  • Coordinate, analyse and report the financial performance to Management (financial performance, projections and other special projects as required).
  • Ensure reliability of data presented in reports to the Management on a real-time basis or as per deadline
  • Prepare short and long-term financial forecasts of financial performance for use with internal management and external parties.
  • Ensure accuracy of forecasts keeping abreast with the allowable Percentile variance
  • Oversee and lead annual budgeting and planning; administer and review all financial plans and budgets; monitor progress and changes and keep senior leadership team abreast of the organization?s financial status
Job Responsibilities 2
  • Ensure that Plans and Budgets had been properly reviewed and based on SMART principle, accurate and transparent.
  • Ensure that the financial status of the company is closely monitored, and the Management is aware of the organization?s monthly or real-time financial status.
  • Analyse and classify risks and investments to determine their potential impacts on companies
  • Ensure risk assessment on every investment is accurate, transparent, clear and within the acceptable Percentile Risk
  • Evaluate financial reporting systems, accounting and collection procedures, and investment activities, and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions.
  • Ensure a healthy cash flow to support operational requirements.

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