Accounting Manager

Job description / Role

Accounting Manager - Riyadh - Saudi Arabia

Salary- 12000-15000 SAR + Benefits as per Law

Our client based in Riyadh is a well-known Paints and Chemical company with over 15 years experience with office across MENA region. (Dubai, Saudi, Iraq, Lebanon, Oman, Nigeria, Italy, Kuwait and More)

Due to their expansion they are now seeking an experienced Accounting Manager to do all aspects of the Accounting and Administration within the Saudi Arabia - Riyadh Office.

The ideal candidate will oversee all Riyadh's branch and partners financial relationship providing the Management team with up-to-date financial information including monthly management accounts facilitating decision making process.

The Finance Division is a crucial department for the organisation and as a result the candidate MUST portray professionalism and good practice of ethical traits throughout.

Reporting to the Group Finance Controller

Responsibilities include:

Management:
Maintain a documented system of accounting of policies and procedures
Oversee operations of the treasury functions, including the design of an organisational structure adequate for achieving the departments goals and objectives
Oversee the extension of credit to customers

Fund Management
Forecast cash flow positions, related borrowing needs, and available funds for investment
Ensure that sufficient funds are available to meet on-going operational and capital investment requirements
Maintain banking relationships
Assist in determining the companys proper capital structure

Budgeting:
Manage the preparation of the companys budget
Report to management on variances from the established budget, and the reasons for those variances
Assist management in the formulation of its overall strategic direction

Financial Analysis
Engage in on-going cost reductions analysis in all areas of the company.
Review the performance of the competitors and report on key issues to management
Engage in bench marking studies to establish areas of potential operational improvements
Interpret the companys financial results to management and recommend improvement activities
Review company bottle necks and recommend changes to improve the overall level of the company throughput
Assist in the determination of product pricing in relation to features offered and competitor pricing
Compile key business metrics and report on them to management
Manage the capital budgeting process, based on constraints analysis and discounted cash flow analysis
Create additional analyses and reports as requested by management
Tax planning to improve profitability of the company.

Requirements

Must have Bachelors Degree in Finance and CIMA, ACCA, ACA or CMA Qualified
At least 5 years expertise in similar field/ industry
Expertise handling and managing bank reconciliations, negotiations, receivables, collection among other financial operations.
Preference experience working in Saudi Arabia is desirable for this role.
Knowledge of accounting ERP, SAGE- ERP knowledge is desirable
Previous experience in managing teams : small to medium size
Availability to start immediately
Must have excellent interpersonal skills and strong accounting skills
Excellent Microsoft Excel expertise
Portray leadership, organisation and negotiation skills
Arabic speaking males are of preference for this role

In return you will be well rewarded with a competitive salary and bonus structure while working with a company who is ready to grow and develop your career should you show the potential.

If this sounds like the opportunity you are seeking and you meet the requirements of the role, please apply online and one of our consultants will be in touch with you.

About the Company

Built on the philosophy of \'Right Process, Right People, Right Results, 1on1 HR Consulting is an boutique Recruitment and HR Consulting firm based in Dubai which focuses on all elements of HR processes and practice across all sectors within the GCC region.

Our highly experienced and skilled staff will work 1on1 to provide flexible and tailor made Recruitment and HR solutions for your individual requirements, whether you are a large corporate company, a small to medium enterprise, a start up business or you are individually seeking consulting for your personal career growth.

We are proud to say that both our corporate and individual clients value our thorough and practical approach to sourcing and selecting top talent. Our experienced team use a specific method of recruitment which includes tailored behavioral interview techniques created for each individual roles to properly analyse and assess the suitability and quality of the candidates that we provide to our clients.