ACCOUNTING & FINANCE MANAGER

First Resort Global Recruitment; Al Jubayl; On-site; SAR 350,000 - 650,000; Full time

Job summary

First Resort Global Recruitment seeks a seasoned finance executive to manage the accounting function, ensure compliance with GAAP and the company’s policies, and lead reporting, budgeting, and cash flow management under the CFO. The role emphasizes accuracy, timely financial statements, and strategic input for long-term plans.

You will coordinate external audits, debt financing, and interactions with lenders and regulators, while overseeing the finance team’s daily operations and improving cost

Qualifications

• Degree in Accounting.
• Minimum of 5 years of experience in a senior Finance or Accounting position.
• CPA or CMA professional qualification preferred.

Responsibilities

• Manage accounting activities to conform with GAAP and company policies.
• Coordinate financial reporting, budgeting, cash flow management, and debt financing.
• Oversee the daily operations of the finance department and prepare monthly financial reports.

Skills

Financial reporting

Budgeting

Cash flow management

Debt financing

GAAP

ERP systems

Audit coordination

Cost control

Leadership

Education

Degree in Accounting

CPA or CMA (preferred)

Tools

ERP Systems

Job description

Manage, control and ensure that company accounting activities and procedures conform to generally accepted accounting principles and comply with the approved policies and procedures of the company. Lead and coordinate all tasks and functions relate to financial reporting, Budgeting, cash flow management, debt financing. Fulfill in a timely manner all financial obligation and requirement with third parties, i.e. external audit, Zakat, lenders, SIDF and other. Reporting to: CFO

KEY RESPONSIBILITIES

• Manage, control and ensure that company accounting activities and procedures conform to generally accepted accounting principles
• Ensure that all financial transactions are handled and processed in-line with the approved policies and procedures.
• Oversee the daily operations of the finance department
• Prepare the monthly financial reports with all needed financial and costing analysis comparing with Budget and KPIs.
• Manage the preparation of the official annual report of actual revenues, transfers, and expenses.
• Manage the preparation of financial outlooks and financial forecasts in coordination with the CFO.
• Ensure that the company are continuously keeping sufficient fund to fulfill its financial obligation by preparing monthly cash flow forecast. Monitor the actual cash flow against forecast and take the necessary measure to remedy variances.
• Direct and coordinate debt financing and debt service payments with external agencies and monitor terms, conditions and covenants and ensure compliance with the same.
• Prepare financial analysis for contract negotiations and product investment decisions.
• Ensure compliance with local, state, and federal budgetary reporting requirements.
• Lead and coordinate with all other department the preparation of annual operating budget and developing 3-10 years business plans for the company.
• Recommend benchmarks for measuring the financial and operating

ESSENTIAL REQUIREMENTS

• Degree in Accounting
• A minimum of 5 years of experience in a senior level Finance or Accounting position
• A CPA or CMA professional qualification preferred
• Candidates with experience which are privately owned (non-government) industrial or energy companies preferred
• Saudi nationals only
• Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles
• General knowledge of ERP Systems and the relation of other modules with accounting and finance modules and the associated controls
• Knowledge of automated financial and accounting reporting systems
• Knowledge of Government financial regulations

KYE SKILLS

• Ability to analyze financial data and prepare financial reports, statements and projections
• Good knowledge in the cost accounting and financial analysis
• General knowledge of the manufacturing cost accounting, i.e. product cost, inventory, standard cost, variance analysis between actual and standard cost
• Working knowledge of short and long term budgeting and forecasting, rolling budgets, and product-line profitability analysis
• Work requires professional written and verbal communication and interpersonal skills.
• Work also requires willingness to work on multitask, long hours and under pressure so as to meet deadlines
• Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects
• Ability to participate in and facilitate group meetings