Finance Director

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 company's 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 company's financial management.


• Oversee and manage foreign exchange risk and movements.


• Coordinate with internal and external auditors during audit phases


• Review 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.

Personal Skills

• Strong communication skill.


• Change leader.


• Strong knowledge and skill in different negotiation strategies.

Technical Skills

• B.Sc. in Commerce, preferably with an accounting or finance major. Postgraduate studies is a must


• CPA, CMA, and MBA is an asset.


• Min ‎15 years of experience with a strong background in finance and accounting, including exposure to multicultural markets (KSA Market is a must)


• At least ‎5 years of experience in senior managerial positions


• Solid knowledge of strategic finance management.


• Budgeting and forecasting.


• Strong knowledge in mergers and acquisitions.


• Strong investors relation portfolio.

Education

B.Sc. in Commerce, preferably with an accounting or finance major.
Postgraduate studies is a must

Job Details

Job Location
Riyadh, Saudi Arabia
Company Industry
System Integrator
Company Type
Employer (Private Sector)
Job Role
Accounting/Banking/Finance
Employment Status
Full time
Employment Type
Employee
Manages Others
Yes
Job Division
CFO Office
Finance

Preferred Candidate

Career Level
Director/Head
Years of Experience
Min: ‎15
Degree
Master's degree