Assistant Manager Finance

House of Shipping; Jeddah; On-site; SAR 120,000 - 150,000; Full time

Job summary

A leading global container liner company is seeking an Assistant Manager Finance based in Jeddah, Saudi Arabia. The role involves overseeing financial matters, ensuring compliance with policies, and managing financial planning and reporting. The ideal candidate will have a strong background in finance, preferably within the shipping industry, and possess excellent communication and management skills.

Qualifications

• Minimum of 7 years of experience in finance roles.
• Experience in the shipping/transportation industry is essential.

Responsibilities

• Reconcile accounts with HQ to ensure consistency.
• Ensure timely completion of month-end closing activities.
• Manage cash flow and reporting.

Skills

Communication

Management

Organizational Skills

Teamwork

Attention to Detail

Education

Bachelor’s degree in finance or accountancy

MSc in Finance, Auditing, B.Com

Professional accounting qualification (ACCA, CMA, CPA)

Tools

SAP

Excel

Job description

Job Title: Assistant Manager Finance

Currently, we are hiring on behalf of our client, a leading global container liner company, for the position of Assistant Manager Finance based in Jeddah, Saudi Arabia.

Department and Reporting

• Department: Finance
• Grade: F
• Reporting to: Manager Finance
• Direct reports: None

Job Purpose

The Assistant Manager Finance will have overall responsibility for all financial matters pertaining to the company, including services operated by the company and agency services offered to the parent company in Singapore. The candidate must maintain excellent professional relationships with the management team of the company and the group.

Main Tasks and Responsibilities

• Support company office and third-party agents in financial activities:
• Reconcile accounts with HQ to ensure consistency between branch and headquarters accounts.
• Ensure timely completion of month-end closing activities.
• Analyze monthly financial and operational performance.
• Ensure compliance with policies and reporting standards.
• Provide guidance on billing and accounting matters.
• Verify invoice handling and processes for accuracy.
• Take appropriate and timely actions on financial matters.
• Ensure accurate data entry in the ERP system.
• Engage in financial planning, analysis, and forecasting.
• Monitor and control costs.
• Maintain a robust control environment and manage budgeting processes.
• Ensure timely, accurate, and reliable accounting and reporting, including management and statutory reports.
• Coordinate external audits.
• Manage cash flow and reporting.
• Safeguard company assets.
• Oversee corporate tax, VAT, and GST compliance.
• Manage banking relationships.

Key Interactions

External: Customers, Vendors, Banks

Internal: Finance, HR & Admin, Operations, Commercial, Sales

Educational Requirements

• Bachelor’s degree in finance or accountancy or equivalent.
• Proficiency in shipping-related accounting software such as SAP (finance module in logistics/shipping environment).
• Advanced Excel skills.

Language Requirements

• Fluent in English.

Background and Experience

• MSc in Finance, Auditing, B.Com, or similar qualification.
• Professional accounting qualification (ACCA, CMA, CPA, etc.).
• Experience in the shipping/transportation industry is essential.
• Experience with vessel-operating shipping companies is preferred.
• Minimum of 7 years of experience in finance roles.
• Experience working with SAP.

Competencies and Skills

• Excellent written and verbal communication skills in English.
• Strong management and supervisory skills.
• Excellent organizational and time management abilities.
• Meticulous attention to detail.
• Team player with a positive attitude.
• Excellent interpersonal skills.