Finance Associate- Riyadh KSA - Riyadh

Aspen Pharma Group; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A global pharmaceutical company located in Riyadh is seeking a Finance Associate to manage cost budgeting and reporting. The role involves maintaining debit notes, ensuring timely payments, and preparing monthly expense reports. The ideal candidate should have experience in finance functions and be adept at coordinating with various teams for compliance and report submissions. This position is crucial to support the commercial finance function with ad-hoc tasks as needed.

Qualifications

• Experience in budget management and cost tracking.
• Solid understanding of finance functions and reporting processes.
• Ability to coordinate with various teams to ensure compliance.

Responsibilities

• Maintain Debit notes and update trackers.
• Submit monthly expense reports and conduct variance analysis.
• Coordinate with finance and tax teams for compliance.

Job description

ROLE PURPOSE :

The Finance Associate is required to ensure that all costs are correctly budgeted and captured, making sure all stakeholders are aligned with the reporting of costs. In addition, to support the commercial Finance function with Ad-hoc tasks.

RESPONSIBILITIES :

• Maintaining Debit notes and tracker updates.
• Seeking approvals as per the Authority matrix, ensuring correct booking & payment on time.
• Monthly Expense reports submission to cost centre owners, along with periodic variance analysis.
• Point of contact for all distributors - outstanding payments in terms of reasons for non-settlement.
• Coordinate with the finance team, Tender team and Aspen TESS team
• Coordinate with the Tax team and ZATCA (Saudi tax authority) and Zakat.
• Track and process all monthly payments with Tess, Rent, utilities, team expenses, etc, for RHQ.
• Process payment on the distributor system other than payroll (OPEX, Expenses, etc).
• Manage third-party accounts.
• Managing Audit requirements & Tax compliance for KSA entity.
• Ad-hoc tasks supporting the commercial & Finance teams with projects in the region.