Assistant Finance Manager

Yes Yem Yech for Industrial Services Co. (SMH); Al Jubayl; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading industrial services company in Saudi Arabia seeks an Assistant Finance Manager to support the Finance Manager in financial planning, accounting operations, budgeting, and compliance. The successful candidate will have a Bachelor's degree in a relevant field and at least 5 years of experience in finance or accounting. Proficiency in accounting software like SAP and strong analytical skills are essential. This role involves assisting in reports, overseeing accounting activities, and ensuring regulatory compliance.

Qualifications

• Bachelor's degree in a relevant field required.
• Professional certifications like ACCA, CMA, CPA are preferred.
• Minimum 5 years of experience in finance or accounting.

Responsibilities

• Assist in the preparation of monthly and annual financial statements.
• Support budget preparation and forecasting.
• Oversee daily accounting activities including GL, AP, AR.
• Ensure compliance with accounting standards and assist audits.
• Analyze financial data and provide recommendations.

Skills

Knowledge of accounting principles

Financial analysis and variance analysis

Proficiency in accounting software (e.g., SAP, Oracle, Tally, QuickBooks)

Strong analytical skills

Ability to manage multiple tasks

Good communication skills

Education

Bachelor’s degree in Finance, Accounting, Commerce, Business Administration, or a related field

Tools

SAP

Oracle

Tally

QuickBooks

MS Excel

Job description

Position

Assistant Finance Manager

Notable Qualification

An Assistant Finance Manager responsible for supporting the Finance Manager in managing financial planning, accounting operations, budgeting, reporting, and compliance, with the ability to work accurately under pressure in a fast-paced business environment.

Academic Qualification

Bachelor’s degree in Finance, Accounting, Commerce, Business Administration, or a related field. Professional certifications such as ACCA, CMA, CPA, or a part qualification will be an added advantage.

Experience

Minimum 5 years of relevant experience in accounting, finance, or financial management roles.

Portfolio

• Experience in preparing financial statements, budgets, and management reports.
• Practical exposure to audits, financial controls, and regulatory compliance.
• Hands-on experience with accounting software and ERP systems.

Health Competence

Fit to Work

Brief Description of Job to be Performed

1. Financial Reporting: Assist in the preparation of monthly, quarterly, and annual financial statements and management reports.
2. Budgeting & Forecasting: Support the Finance Manager in budget preparation, forecasting, and monitoring budget performance.
3. Accounting Operations: Oversee day-to-day accounting activities, including GL, AP, AR, bank reconciliations, and journal entries.
4. Compliance & Audit: Ensure compliance with company policies, accounting standards, tax regulations, and assist during internal and external audits.
5. Financial Analysis: Analyze financial data, identify variances, and provide insights and recommendations to management.
6. Coordination & Support: Coordinate with internal departments and external stakeholders (auditors, banks, consultants) to ensure smooth financial operations.

Skills

• Strong knowledge of accounting principles, financial reporting, and budgeting.
• Experience in financial analysis, variance analysis, and cost control.
• Proficiency in accounting software (e.g., SAP, Oracle, Tally, QuickBooks) and MS Excel. Good understanding of VAT, taxation, and statutory compliance requirements.
• Strong analytical, problem-solving, and decision-making skills.
• Ability to manage multiple tasks with close attention to detail and accuracy.
• Good communication, coordination, and teamwork skills.