Please note that this position is based in The Middle East, relocation, accommodation and additional benefits apply.
The Finance Manager is responsible for working closely with Head of Businesses in maximising profit, cost control, driving KPIs and ensuring optimum working capital for smooth running of the business.
The Finance Manager is responsible to work on controlling the accounting principles & entries, creating financial statements, making the system reconciliations ( SAP/ Financial models), managing the relations with internal/external audit & group finance and reporting monthly standard reports to group and retail finance with the support of their team.
Duties and Responsibilities:
Financial Controlling
• Financial Asset Management to maximize returns
• Balance sheet review with controlling team
• Vendor Management
• Tax returns and compliance
• Intercompany and Intra Company management
• Managing working Capital and Full control over cash flow
• Risk Management – Assessing operations and observed the financial risk
• Insurance policies renewals and updates
• Giving guidance on financial decision by monitoring policies and procedures
• MM module Landed Factors control
• Capex Management for new stores and refurbishment
• Impairment assessment with Central Finance team
Reporting and Budgeting
• Full involvement in the Budget & Strat Plan process land supporting head of business in planning targets
• Preparing Balance sheet and cash flow
• Controlling BPC and SAP upload and reconciliations
• Managing balance sheet exposures and Write offs
Audits and SOP’s
• Point of contact for internal and external audit
• Coordinating with group Internal Audit
• Coordinating external audits for the brand
• Conducting timely audits by internal resource to check and ensure non store process compliance and minimizing company risk
• Tax compliance
Having Control on business functions and business support
• Ensure that the finance department delivers timely and qualitative information to all departments on all aspects of the business
• Partnering commercial team for vendor rebate management
• Preparation of Direct Cash Flow
• Co-ordinate with Retail treasury team on funding requirement
Project Analysis and expansion
• Supporting all feasibility analyses for new investments – preparing long term P&L, BS & CF with NPV, IRR analytics.
• Maintain Closing Balance sheet controls in co-ordination with retail teams
Requirements:
- Bachelor’s degree on Finance or Business Administration
- 10 years’ experience in finance function, preferably in Oil and Gas Sector/ Construction
- Having a business acumen and leadership skills, knowledge of accounting principles, SAP, budgeting, and SAP/ BPC
- FM experience in KSA
Please note that by submitting your personal information to Deka Minas you free-willingly issue the business consent to make use of such data for the specific purpose of securing you either permanent or temporary employment. Our business makes use of a POPIA compliant database and you have the right to access, right to correction and right to deletion of your personal information.
