Finance Manager

Job description / Role

Management
- Maintain a documented system of accounting policies and procedures.
- Manage outsourced functions.
- Evaluate financial reporting systems, accounting and collection procedures, and investment activities, and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions.

Funds Management
- Forecast cash flow positions, related borrowing needs, and available funds for investment.
- Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements.
- Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions.
- Maintain banking relationships.
- Assist in determining the company's proper capital structure.
- Arrange for equity and debt financing.
- Invest funds.
- Recommend appropriate dividend issuance, based on historical dividend patterns and expected cash flows.
- Oversee the customer's credit management

Budgeting
- Manage the preparation of the company's 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 ongoing cost reduction analyses in all areas of the company.
- Review the performance of competitors and report on key issues to management .
- Engage in benchmarking studies to establish areas of potential operational improvement.
- Interpret the company's financial results to management and recommend improvement activities.
- Review company bottlenecks and recommend changes to improve the overall level of company throughput .
- Participate in target costing activities to create products that meeting predetermined price goals.
- Compile key business metrics and report on them to management.
- Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis.
- Create additional analyses and reports as requested by management.

Requirements

- 10 – 12 Years' experience is a MUST in similar field (At least 6 years in Managerial Level).
- Must: Bachelor degree majored in Finance Management Or Accounting.
- Preferred: Master Degree in Finance Management Or Accounting.
- Holds CPA or CMA designation.
- Bilingual fluency (Arabic and English)
- Professional computer experience (MS, SAP, ERP and Operating systems)

About the Company

SAED provides innovative workforce solutions, connecting human potential to the power of business. Incorporating the latest technology, detailed research and expertise to anticipate and facilitate the current outlook and potential growth of the Kingdoms labor market and the changing world of work.

SAED provides large scale long term strategies, with the aim of improving and adding to the Saudi labor market. By researching in detail and providing relevant insights into the people searching for employment, entities looking to employ and the future of work. Examining the labor market, planning and executing employment strategies and applying technology systems to assist in the Kingdoms economic development.