Ref: NP316-337

Job description / Role

Employment: Full Time

The Finance Director will contribute to the strategic management by developing and maintaining strategies that encompass the Finance Department. The Finance Director will participate within the Strategic Management Team in forward planning and the effective daily organization activities, including business planning, policy setting, financial forecasting and strategic decision making.

Effective management and control of all capital and revenue budgets and effective management and control of the Management and Administration, Finance, Presented and Produced resources and budgets.

* To lead on the financial aspects of any strategic projects aimed at achieving growth of the organization.
* To have an overview of the activities and budgets for each department to ensure the procedures laid down in the financial regulations are adhered to.
* Monitor and control the quality and cost-effectiveness of services provided by the department to ensure high standards and value for money.
* Maintain up-to-date records of departmental financial information. Staff Management/Deployment - To lead and manage the Finance team by establishing excellent ongoing working relationships with team via recruitment, training and communication.
* To liaise with the Human Resources & Administration Manager to ensure staffing levels are maintained, recruiting effective staff as necessary, in line with relevant policies and procedures.
* To effectively manage the performance of the team by carrying out progress reviews and ensuring objectives and key outputs are cascaded throughout the department.
* To liaise with the Human Resources & Administration Manager and line managers to establish an on-going training programme in line with company policies, to develop all staff to appropriate standards.
* Communicate effectively with team on a regular basis ensuring information is clear, accurate and timely; encouraging team participation in the way information is relayed to and from the departments.
* Ensure that Working Time Regulations are adhered to and that established reporting procedures are adhered to and monitored.
* To ensure the overall effective financial management and reporting for Hospitality Board Holding and actively contribute towards the financial planning and strategic growth of the organization as a key member of the Strategic Management Team. Job description Delivery -
* To ensure the accurate and timely preparation of management accounts, the effective operation and development of management systems for all accounting functions, particularly those relating to purchase ledger, sales ledger, payroll, cash and banking, nominal ledger and stock control.
* To be responsible for the preparation of appropriate financial reports for Boards and to present such at Board Meetings, as and when required.
* To be fully conversant with new initiatives, new legislation and modern thinking in all matters relating to the financial management of the company and to advise the Management Team and Boards accordingly (e.g. Charity, Accounting and other).
* To plan and prepare financial management documents, including financial plans, budgets and forecasts.
* To manage and oversee the preparation of all statutory returns and the management of company pension schemes.
* To plan implement and develop the Finance Team operating procedures.
* To lead and initiate liaison with auditors, business advisers and funding partners.
* To develop the Management Information Systems used by the company and with an emphasis on effective financial control procedures.
* To manage all the investments to their best advantage. Additional Responsibilities
* Promote and adhere to the organization's culture and values.
* To be aware of, adhere to, and implement any legislative requirements consistent with overall duties of this post, with particular regard to Health and Safety policies and procedures, Data Protection Act and Equal Opportunities.
* To undergo relevant training and development required by the Chief Executive.
* To carry out any other tasks that will, from time to time be allocated by the Chief Executive on an ad hoc or continuing basis, commensurate with the general level of responsibility of the post. Relationships/Position in the Organisation
* Member of Strategic Management Team (SMT).
* Direct line responsibility for Finance Manager.

Requirements

* Qualified accountant to at least CIMA, ACCA, ACA or CIPFA level.
* Good working knowledge of current accounting software systems.
* Knowledge of management systems for all accounting functions including purchase ledger, sales ledger, payroll, cash and banking, nominal ledger and stock.

Experience:
* Significant experience at senior financial controller level within a large customer driven environment.
* Significant experience in direct management and control of a minimum turnover operation.
* Proven experience in direct management and supervision of a finance team.
* Proven experience of budget preparation, setting and monitoring and financial forecasting.
* Proven experience of preparing and presenting financial and management accounts, reports and data.
* Experience of liaising with auditors, business advisers and board members.

About the Company

Robert Walters is one of the world's largest specialist professional recruitment consultancies with 53 offices spanning 24 countries.

We've helped thousands of professionals find permanent, contract and interim roles with leading global corporations, small to medium sized companies and innovative start ups. Our specialist recruitment focus includes: accountancy and finance, banking, engineering, operations, legal, IT, sales, marketing, procurement & logistics, HR and support/administration.

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Finance Director salaries in Saudi Arabia

Average monthly compensation
SAR 38,500

Breakdown available for industries, cities and years of experience