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Financial Standards Director

6.00 to 10.00 Years   Saudi Arabia, Riyadh   28 Sep, 2023
Propel Consult
Job LocationSaudi Arabia, Riyadh
EducationNot Mentioned
SalaryNot Mentioned
IndustryRecruitment / Staffing / RPO
Functional AreaNot Mentioned

Job Description

CompanyOur client is one of the top non-profit companies in contracting sector and plays a major part in driving development in Saudi Arabia and contributing to Saudi Vision 2030. They are currently looking to hire a Financial Standards Director to be based in Riyadh, Saudi Arabia. Duties & Responsibilities:

  • Participate in setting the goals, initiatives and plans for the division and manage their execution at the department level
  • Manage day-to-day activities and operations, including implementation of all policies and procedures, and recommend potential improvements where appropriate
  • Assist in the development and management of financial and human resource requirements (annual budget)
  • Manage, guide and support employees in the execution of their work and develop them to improve performance
  • Baseline the current state of the project financing industry, including identifying existing programs, regulations and laws enacted to support and facilitate financing of the contracting sector as well as challenges as appropriate
  • Understand the requirements of the different stakeholders at play such as the banks requirement to guarantee the maturity of a loan or the contractors project financing requirement
  • Assess the current methods employed by financial institutions to evaluate the integrity of the borrower and to channel the funds
  • Develop and propose solutions to address issues and challenges identified and in line with identified best practices applied at a global level
  • Conduct meetings and coordinate closely with authorities and stakeholders (including contractors and banks) to better understand the impact of proposed solutions on them and feasibility to implement them.
Qualification & Requirements:
  • Bachelors degree in Finance & Accounting or equivalent, with a minimum of 10 years of related experience
  • Masters degree in Engineering, Business Administration or related discipline is preferred
  • Prior experience of (6 years) in a managerial or supervisory role
  • Proficiency in English and Arabic Language is required

Keyskills :
Accounting Engineering English Business Administration Management

About Company

Propel Consult was established in 2009 in the Kingdom of Bahrain by Jamie Groom and Barry Prost to provide high quality recruitment and management consultancy services to employers in the Middle East. The company’s original focus was on the Construction & Engineering and Oil & Gas sectors. Due to client demand, this has grown to include the professional services disciplines of Banking & Finance, Legal, Technology and Human Resources.

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