Financial Reporting & Budget Group Manager
Amana Cooperative Insurance
Saudi Arabia
Ref: KP803-02
Amana Cooperative Insurance

The Role


The Role


1. Prepare periodic financial performance management reports to keep them informed of the financial progress (operations / budget variance) & support in decision making processes.

2. Monitor the corporate budget Preparation & Control.

3. Cash Management operations of the Company, duly ensuring the optimum utilization of funds and maintain the cash forecasts and funds flows on an ongoing basis.

4. Maintain effective coordination of banking relationships, duly arranging for opening and maintaining the required number of bank accounts and managing credit facilities with banks.

5. Ensure compliance with all Financial related reports for regulatory requirements & timely submission.

6. Monitor and maintain the liquidity and solvency margins in line with regulatory requirements
Ensure due support for the timely conduct of statutory audit of the company’s books of accounts and financial statements.

7. Monitor the timely and accurate reconciliation of all Bank Accounts and ensure that non-reconciling transactions are traced and followed up until their clearance.

8. Manage and coordinate the ongoing development and training requirements of subordinates.

9. Sets the measurement tools to effectively manage the various operations of ACI.

Requirements


Requirements


1. Basic university degree in Accounting; Professional qualifications such as CPA / CAM qualification would be desirable.

2. Minimum 6-8 years of working experience in Accounts / Finance Departments in a large organization, of which at least 3-5 years in managerial position, preferably in a reputed General Insurance Company.

3. Strong analytical, quantitative, problem solving skills.

About the Company


About the Company


Amana Cooperative Insurance (AMANA) is a leading Saudi joint-stock company. We offer you the opportunity to choose a solid career in insurance that suits your skills and help you achieve your future goals under the following ideal conditions:

• A work environment where Your Efforts and Creative Talents are Rewarded.

• A leading company where the Know-How in every department is an Added Value to Your Career.

• A Large and Multicultural Community where you will be part of a Unique Corporate Culture and Professional Conduct.

This Position is closed or expired