SAFE Security Looking for Sr. Manager, Budgeting, Accounting & Reporting at Saudi , Saudi Arabia Full Time

Sr. Manager, Budgeting, Accounting & Reporting

Bachelor of Commerce(Commerce), Bachelor of Business Administration(Management) Nationality Any Nationality Vacancy 1 Vacancy Job Description Role Summary: Responsible for leading financial planning (budgeting) activities. Mandated to account for preparing and reporting the company’s timely and accurate financial position to key stakeholders. Custodian of relevant laws and regulations applied in the functions relating to accounting, taxation, and audit. Responsibilities: • Manage consistent financial planning, forecasting, analysis, and reporting activities to ensure consolidated reporting to support the company s management in business decision-making. • Ensure effective engagement of key stakeholders and lead validation of all crucial business assumptions for budget preparation. • Building a comprehensive financial model for budgeting and understanding all key stakeholders. • Oversee the preparation of consolidated annual functional budgets. • Verify that all financial commitments are within the approved annual budget. • Oversee and monitor budget status throughout the year, report on budget variations, risks, and areas that require management attention, and take relevant action as needed. • Lead the development of financial management reports and ensure their accuracy. Present findings time to relevant stakeholders and highlight key areas of concern for their attention. • Ensure SAFE MIS is well developed to generate on time reporting with adequate controls. • Establish effective and rigorous policies and procedures for accounting activities and ensure their application across SAFE. • Develop a comprehensive chart of account structure to ensure systematic capturing of SAFE business activities. • Manage accounting activities in accounts payable, accounts receivable, general ledger, fixed asset accounts, tax, and VAT per local and international accounting standards and regulatory requirements. • Guide the development of periodical financial reports and financial statements in line with local and international accounting standards and by-laws and ensure coordination with the Budgeting and Financial Reporting team. • Ensure timely closing of monthly books, and coordinate activities across relevant SAFE departments (SR/GR). • Perform reconciliations for all key modules and perform data analysis to ensure the accuracy and consistency of accounting records. • Conduct accounting for assets and find reasons for changes (depreciation, obsolescence, deterioration, change in customer taste, increased demand, decreased market supply, etc.). • Manage and monitor treasury and cash management activities to ensure adequate cash liquidity to meet SAFE financial requirements and ensure optimal allocation and utilization of financial resources. • Support business lines regarding treasury activities, investments, financing, and the provision of interest rate quotas. • Conduct all month-end closing and reconciliation activities in alignment with accrual accounting principles. Education, Certifications and Qualifications: • Minimum bachelor s degree in accounting, finance, or similar field. • Professional credential, such as the Finance Certification Institute. Required skills: • 10+ years of experience in accounting or a similar role • Self-driven and takes action proactively. • Pursues goals with persistence and stamina, works on tasks thoroughly, ensuring accuracy and meeting standards. • Maintains high levels of quality and effectiveness of work outputs and achieves outstanding results. • Collaborates constructively with people at all levels across the organization. • Helps colleagues, is always be available to the team, and delivers on team commitments. • Trusts the guidance and direction of colleagues and senior members of the team. • Examines, evaluates, and analyzes different types of information objectively. • Spots trends and patterns, establishes key facts clearly, and interprets numerical data effectively. • Provides insights and identifies ways to improve things. • Trusts own intuition about which methods will work best. • Listens attentively and seeks to understand before being understood. • Explains things clearly, articulates, and presents information effectively and confidently. • Challenges ideas effectively and presents persuasive arguments by presenting a strong case. Company Industry

• Security
• Law Enforcement

Department / Functional Area

• Accounts
• Taxation
• Audit
• Company Secretary

Keywords

• Sr. Manager
• Budgeting
• Accounting & Reporting

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