Financial Planning & Analysis Manager

Makeen Technical Services; Saudi Arabia; On-site; SAR 180,000 - 250,000; Full time

Job summary

Makeen Technical Services in Saudi Arabia is seeking a Financial Reporting Manager to evaluate financial health and ensure regulatory compliance. This role requires managing financial reports, coordinating the budgeting process, and providing insights for decision-making. Candidates should possess advanced Excel skills and have experience with ERP systems such as Oracle or SAP.

The position offers significant responsibilities in maintaining financial data integrity, ensuring timely filings for taxes, and liaising with external auditors. Strong analytical and problem-solving skills are essential.

Qualifications

• Proven ability to perform difficult calculations and incorporate data analytics into complex business models.
• Ability to quickly learn industry-related regulations and summarize them in written reports.
• Experience in adapting to changes in accounting and tax regulations in a timely manner.

Responsibilities

• Process accounting transactions in compliance with policies, procedures, and regulations.
• Prepare monthly, quarterly, and annual financial statements based on IFRS.
• Coordinate the budgeting process between different internal departments.
• Liaise with external auditors and provide necessary data.
• Assist tax advisors with tax-related filings in compliance with regulatory requirements.

Skills

Critical data analysis skills

Advanced skill in MS Excel

Experience with Oracle or SAP or equivalent ERP solution

Strong critical thinking and problem-solving skills

Job description

The Financial Reporting Manager works closely with other financial professionals within MAKEEN to evaluate the financial health and long‑term sustainability of the organization. This role requires collaborating with others to provide detailed reports that include projections for profits and losses and to provide reports necessary for higher‑level decision makers. Primary duties involve preparing and examining financial reports on a periodic basis for different stakeholders.

Key Accountabilities

• Process accounting transactions in compliance with policies, procedures, and regulations, and prepare all types of tax returns with support from tax advisors in a timely manner.
• Perform or oversee and monitor financial accounting activities such as accounts receivable, accounts payable, fixed assets, accounting for leases, accounting for debt, employee benefits, and other financial reporting activities.
• Prepare monthly, quarterly, and annual financial statements based on IFRS.
• Build relationships with other related internal entities and ensure accuracy of data shared for monthly closing activities and year‑end financial statements.
• Present financial reports and estimates to decision makers within the organization.
• Liaise with external auditors on external financial statements and accounting issues and supply the external auditor with the required data and inputs to facilitate the auditing process.
• Coordinate the budgeting process between different internal departments.
• Review and summarize their requirements to Finance Management.
• Provide solutions to accounting issues as they arise.
• Prepare financial input and projections and incorporate them in the annual business plan exercise.
• Ensure budget controls and monitor expenditures and compliance with approval authorities.
• Apply critical thinking when reviewing business models and investment opportunities, with the ability to introduce or recommend improvements.
• Assist tax advisors in preparing Zakat, Income Tax, Value Added Tax, Withholding Tax, and Transfer Price filings on a monthly, quarterly, and annual basis as per the relevant regulatory reporting requirements in a timely manner.
• Review the tax return files prepared by tax advisors and ensure timely filing of returns and settlement of liability.
• Review agreements with vendors, clients, and partners to advise on applicable ZATCA regulations and tax treaties.
• Provide advice to management on zakat and tax‑related inquiries.
• Maintain full historical records of filings, proof of payments, and reconciliations related to zakat and tax matters.
• Perform ad hoc duties and other work‑related tasks as assigned by Finance Management.

Technical Competencies

• Critical data analysis skills and a proven ability to perform difficult calculations.
• Ability to incorporate data analytics into complex business models.
• Advanced skill in MS Excel and FI user experience in Oracle or SAP or equivalent ERP solution.
• Ability to quickly learn industry‑related regulations and summarize them in written reports.
• Ability to adopt changes in accounting standards and treatments IFRS in a timely manner.
• Ability to adopt changes in tax regulation in a timely manner.
• Strong critical thinking and problem‑solving skills.

Behavioral Competencies

• Leading and supervising.
• Working with people.
• Analyzing.
• Delivering results and meeting customer expectations.
• Coping with pressures and setbacks.