Corporate Finance Manager

Soudah Development; Saudi Arabia; On-site; SAR 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a skilled financial manager to oversee cash flow, debt, and capital markets. This role is crucial for ensuring liquidity and minimizing financial risks while maximizing returns. The ideal candidate will manage banking activities, negotiate interest rates, and assess investment opportunities to enhance ROI. With a focus on compliance and strategic financial planning, this position offers a dynamic environment where your expertise will directly impact the company's financial health and stability. If you are passionate about finance and ready to take on a pivotal role, this opportunity is for you.

Qualifications

• Strong background in financial management and cash flow optimization.
• Experience in negotiating with financial institutions and managing debt.

Responsibilities

• Manage daily treasury activities to ensure liquidity and meet obligations.
• Oversee borrowings and capital management to reduce costs.
• Prepare financial reports to keep stakeholders informed.

Skills

Financial Management

Cash Flow Management

Debt Management

Capital Markets

Risk Mitigation

Financial Reporting

Negotiation Skills

Education

Bachelor's degree in Finance

Master's degree in related field

Job description

Job Description

Responsible for managing the company's financial resources, focusing on cash flow, debt, and capital markets to ensure liquidity, minimize financial risk, and maximize returns. This role supports financial strategy, manages relationships with financial institutions, and ensures compliance with financial covenants.

Responsibilities

1. Handle cash investments and maturities to ensure funds are available when needed.
2. Manage daily treasury activities, including cash flow and financial resources, to meet SDC's financial obligations.
3. Oversee borrowings, debt, and capital management, and allocate cash balances to reduce costs and ensure fund availability.
4. Manage banking activities such as opening and closing bank accounts to ensure smooth operations.
5. Negotiate interest rates with banks to maximize returns on fixed deposits.
6. Assess investment opportunities in financial instruments (e.g., bonds, sukuks) to improve SDC's ROI.
7. Develop plans to mitigate currency and interest rate risks.
8. Monitor tax levels and prepare reports on taxes owed to keep stakeholders informed.
9. Prepare financial reports on cash positions and liquidity to update senior leadership.
10. Identify and negotiate with financiers to secure funding for SDC activities.

Qualifications

• Bachelor's degree in Finance or equivalent from a recognized and accredited university.
• Master's degree in any related field from a recognized and accredited university is preferred.