Job Location | Riyadh, Saudi Arabia |
Education | Master’s degree |
Salary | Not Mentioned |
Industry | Other Business Support Services |
Functional Area | Not Mentioned |
Job Description
Responsible for overseeing financial operations within KSA market. This role focuses on ensuring financial compliance, managing financial functions, and providing strategic financial guidance.Lead teams in accounting, collections, treasury, and taxes.Collaborate with CXOs, Executive Directors and Country Manager to align financial strategies with the companys objectives. Contribute to the preparation of annual budgets and operational plans.Develop innovative financing solutions to support business growth plans, including fostering relationships in the banking and investment sectors.Assist in achieving or exceeding profit and loss (P/L) targets within the region.Anticipate and proactively address the impact on business targets, suggesting solutions and making adjustments to forecasts.Identify financial and operational risks and develop strategies to mitigate them.Provide financial insights into strategic management decisions, acquisitions, divestments, joint ventures, and partnerships.Evaluate investment opportunities and assess their financial viability.Review and approve financial transactions, internal control procedures, and financial reporting activities. Ensure the implementation of suitable financial systems, processes, and protocols across all facets of the companys financial management.Oversee and manage foreign exchange risk and movements.Coordinate with internal and external auditors during audit phasesReview the accuracy and completeness of financial documents, including reconciliations, journal entries, and financial statements.Coordinate fiscal reporting activities, including revenue/expense and balance sheet reports, cash flow reports, and reports to funding agencies.Build and manage relations with financial stakeholders across all regions.Develop and maintain internal control systems to safeguard assets.Create and maintain a Delegation of Authority Matrix to mitigate risks.Evaluate auditors, finalize agreements, and approve financial statements and tax reconciliations.Oversee the production of monthly reports for the Board.Manage the preparation and consolidation of periodic financial reports.Coach, develop, and mentor high-performing team members and future leaders.Provide appropriate training and development opportunities to finance and accounting staff to enhance their financial management understanding.
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