Finance and Accounts Manager (Vehicle Lease / Rental Company)

Jobskey Consultancy; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading consultancy firm in Saudi Arabia is seeking a Chartered Accountant with 10 years of experience in financial management, specifically within the vehicle lease/rental industry. The successful candidate will be responsible for budgeting, compliance, and liaising with external auditors. This position offers the opportunity to shape financial strategies and ensure operational efficiency in financial management.

Qualifications

• 10 years of experience in accounting and financial management.
• Experience in the vehicle lease/rental industry is required.

Responsibilities

• Study and understand business trends.
• Review annual budgets and monitor variances.
• Liaise with external auditors and facilitate smooth audits.

Skills

Financial management

Budget monitoring

Compliance with accounting standards

External auditing

Education

Chartered Accountant qualification

Job description

Responsibilities:

• Study and understand business trends; Discuss & obtain inputs from key business heads w.r.t future market outlook;
• Assess projected profitability; Formulate appropriate strategies for operational financial management; Recommend and implement suitable actions;
• Obtain and review monthly accounts & schedules;
• Review annual budgets; Monitor budget variances; Report variances to HOD's;
• Obtain feedback / justifications on negative variances;
• Approve deviations in specific cases;
• Approve vendor/supplier advances in order to facilitate smooth financial operations through effective management.
• Monitor key accounting parameters (profits per division & company, cash flow, overdue debtors, overdue insurance claims);
• Check and verify compliance of accounting standards;
• Liaise with external auditors;
• Facilitate smooth conduct of audit;
• Clarify auditor's concerns with respect to accounting entries; Modify accounts accordingly;
• Guide the team in preparing annual accounts in line with IFRS in order to put in place suitable accounting and auditing mechanisms.

Chartered Accountant with 10 of Experience

Vehicle Lease / Rental Industry Experience is MUST