Finance Manager

HAYS; Saudi Arabia; On-site; SAR 100,000 - 140,000; Full time

Job summary

Ein innovatives Unternehmen in Al Khobar sucht einen erfahrenen Finanzmanager, der die finanziellen Abläufe eines projektbasierten Unternehmens leitet. In dieser Schlüsselrolle sind Sie verantwortlich für die Überwachung der finanziellen Leistung, das Management von Budgets und das Risikomanagement. Sie arbeiten eng mit Projektmanagern zusammen, um sicherzustellen, dass finanzielle Ziele erreicht werden und Risiken minimiert werden. Mit Ihrer umfangreichen Erfahrung in der Finanzanalyse und Projektbuchhaltung tragen Sie dazu bei, die strategischen Ziele des Unternehmens zu erreichen und die finanzielle Gesundheit der Projekte zu gewährleisten. Diese Position bietet Ihnen die Möglichkeit, ein Team von Finanzprofis zu führen und einen bedeutenden Einfluss auf die Unternehmensstrategie zu haben.

Qualifications

• Mindestens 10 Jahre Erfahrung im Finanzmanagement mit Schwerpunkt auf Projektbuchhaltung.
• Erfahrung in der Ingenieur-, Bau- oder projektbasierten Industrie.

Responsibilities

• Überwachung der finanziellen Abläufe und Sicherstellung der finanziellen Leistung von Projekten.
• Entwicklung und Implementierung von Finanzrichtlinien und -strategien.

Skills

Projektbuchhaltung

Budgetkontrolle

Finanzanalyse

Cashflow-Management

Risikomanagement

Teamführung

Kommunikation

Verhandlungsgeschick

ERP-Systeme

Englisch

Arabisch

Education

Bachelor in Finanzen oder Rechnungswesen

CPA, ACCA, CMA

Tools

ERP-Systeme

Excel

Job description

Hays are supporting a project-based organisation in Al Khobar who are looking for a Finance Manager to join the team.

As the Finance Manager, you will oversee the financial operations for a project-based organisation, ensuring each project's financial performance aligns with overall company goals. You will be responsible for 1 direct report, and this role will require expertise in project accounting, budget control, and financial analysis, with a focus on managing cash flow and profitability across multiple, often concurrent, projects.

Other responsibilities will include:

• Develop and implement financial policies, procedures, and strategies.
• Prepare business plans and yearly master budget for the organisation
• Review and approve bids ensuring the company strategy in terms of GP & NI.
• Develop, monitor, and manage project budgets, forecasts, and cash flow plans.
• Collaborate with project managers to ensure that financial targets are met and risks are minimised.
• Perform variance analysis to compare actual performance against budget, identifying and addressing discrepancies.
• Ensure that all the transactions are recorded, summarised and reported to a give true and fair view of the financial statements.
• Prepare monthly financial statements along with management reports and variance analysis to measure performance of the organisation and take corrective actions wherever required.
• Prepare and present comprehensive financial reports for individual projects and overall company performance.
• Conduct detailed financial analysis to support decision-making for new and ongoing projects.
• Manage the preparation of month-end, quarter-end, and year-end financial reports.
• Monitor financial performance and recommend cost-saving initiatives.
• Manage bank facilities to ensure healthy financing for the projects and ensure positive cash flow by minimizing funding gap to be met by the bank facilities.
• Monitor company's financials to meet the bank covenants agreed as per facility agreement
• Verifying and approving bids pricing, preparing project budgets, controlling project spending and project performance measurement.
• Reviewing and negotiating commercial terms and conditions for proposals and contracts for various projects.
• Implementing risk management policies, internal controls, policies and procedures to comply IFRS, Industrial Practices and government rules and regulations.
• Monitor and manage financial risks associated with project execution and deliverables.
• Lead and mentor a team of finance professionals, including accountants and analysts.
• Foster effective communication and collaboration between finance and project teams.
• Oversee the integration of financial systems and tools to support project tracking and reporting.
• Liaise with external partners such as auditors, banks, and regulatory bodies.
• Support negotiations with vendors and subcontractors by providing financial insights.
• Ensure that all tax/zakat returns are filed in compliance to ZATCA regulations.
• Improvise ERP and enhance digital transformation for the finance functions of the organisation.

Requirements:

• You must have a Bachelor's degree in Finance, Accounting, or a related field, professional accounting qualifications such as CPA, ACCA, CMA etc. would be a bonus.
• Minimum of 10+ years of experience in financial management, including project accounting, budgeting, and financial analysis.
• Background working in engineering, construction or project-based industry.
• You must be fluent in both Arabic and English.
• Proficient using ERP systems and advanced Excel skills.

The organisation is offering a competitive salary and benefits package.

If you meet the requirements above, please apply using the link.