Finance Officer

Retal Urban Development Company; Saudi Arabia; On-site; SAR 60,000 - 80,000; Full time

Job summary

A leading company in Saudi Arabia is seeking a Finance Officer to manage financial records, assist in budgeting, and ensure compliance with regulations. The role involves financial analysis, cash flow management, and supporting audits. Ideal candidates will have strong financial skills and the ability to provide insights into cost control and planning.

Qualifications

• Experience in financial reporting and compliance.
• Ability to assist in budgeting and forecasting.

Responsibilities

• Maintain financial records and assist in financial statements preparation.
• Monitor budget variances and support financial modeling.
• Ensure compliance with financial regulations and assist in audits.

Skills

Financial Analysis

Budgeting

Compliance

Job description

• Maintain and update financial records, ensuring accuracy in accounts payable, accounts receivable, and general ledger transactions.
• Assist in the preparation of financial statements, including balance sheets, income statements, and cash flow reports.
• Reconcile bank statements, supplier accounts, and financial ledgers regularly.
• Support monthly, quarterly, and annual financial reporting to management and stakeholders.
  
  

Budgeting & Forecasting

• Assist in preparing annual budgets and financial forecasts in coordination with the finance team.
• Monitor budget variances and provide insights into cost control and financial planning.
• Support financial modeling for real estate projects and business investments.

Accounts Payable & Receivable

• Process invoices, payments, and employee reimbursements, ensuring timely and accurate transactions.
• Manage receivables, following up on outstanding payments from clients, tenants, or business partners.
• Review contract payments related to real estate projects and ensured proper documentation.
  
  

Compliance & Audit Support

• Ensure compliance with financial regulations, tax laws, and company accounting policies.
• Assist in internal and external audits by providing necessary financial data and reports.
• Support the preparation and filing of tax returns and other regulatory reports.

Cash Flow & Fund Management

• Monitor daily cash flow and liquidity, ensuring sufficient funds for operational needs.
• Assist in managing financial transactions related to real estate sales, leasing, and project financing.
• Support investment analysis for company projects and financial decisions.

Financial Analysis & Risk Management

• Conduct financial analysis to support decision-making and identify cost-saving opportunities.
• Assess financial risks in real estate transactions and recommend mitigation strategies.
• Provide financial insights into management on key performance indicators (KPIs) and market trends.

Company Industry

Department / Functional Area

• Finance
• Treasury

Keywords

• Finance Officer

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