Finance Executive
Location: Dammam, Saudi Arabia.
We have opportunity for our Esteemed client as “Finance Executive” in Dammam, Saudi Arabia.
Qualifications
- CA
- Proficiency in financial management software and ERP systems
- Excellent analytical, problem-solving, and decision‑making skills
- Minimum 3 years of work experience
- Strong hands‑on experience in Oracle ERP (Financial Modules) including GL, AP, AR, FA, and CM
- Advanced expertise in Power BI, Power Query, and data modeling
- Excellent command over Advanced Excel (pivot tables, Power Pivot, complex formulas, dashboards)
- Proven experience in MIS preparation, financial reporting, and management dashboards
- Sound working knowledge of Reporting IT Tools and automation of finance reports
- Ability to analyze large datasets and provide actionable financial insights
- Strong understanding of month‑end closing, budgeting, forecasting, and variance analysis
- Experience in internal controls, compliance, and audit coordination
- Candidates must have relevant finance/accounting qualifications and industry experience
Key Responsibilities
- Manage daily financial operations for the Retail Division, including accounts payable/receivable, and general ledger entries, with a focus on retail transactions.
- Prepare accurate and timely financial reports, including balance sheets, income statements, and cash flow statements, with retail‑specific KPIs.
- Develop and maintain budgets and financial forecasts for the Trading Division, considering seasonal trends and market fluctuations.
- Analyze financial data to identify trends, variances, and opportunities for improvement in retail operations, including sales performance, margin analysis, and expense control.
- Ensure compliance with all relevant financial regulations, standards, and tax laws, including those related to retail operations (e.g., sales tax, inventory valuation).
- Assist in the preparation for audits and liaise with external auditors, with a focus on retail‑specific audits (e.g., inventory audits, point‑of‑sale system audits).
- Monitor and manage the Retail Division's cash flow, including point‑of‑sale transactions and cash reconciliation.
- Provide financial insights and recommendations to Retail Division management to support decision‑making, including pricing strategies, promotional activities, and inventory management.
- Evaluate and improve internal controls, policies, and procedures specific to retail operations, such as cash handling, inventory management, and loss prevention.
- Collaborate with other departments within the Trading Division, such as sales, operations, and merchandising, to ensure financial alignment with business goals.