Financial Manager

Job description / Role

Objectives: PEMCO’s headquarters are in Jeddah with offices in Riyadh and a turbine hot gas parts reconditioning workshop in Yanbu. PEMCO employs highly trained sales, supply chain, and contract management staff. Our technical staff includes diagnostic, repair, maintenance, and technical project management.

PEMCO is increasing its ranks to sell and deliver parts and services in the generation, transmission, and distribution sectors.

We have partnered with capable international firms to broaden our technical and industrial services capacity. With our project-specific staff, local subcontractors, and our international engineering pool, PEMCO’s on-the-ground team exceeds 225 personnel.

We have a record of numerous multiyear parts and maintenance service agreements with SEC and various industrial customers.

Main responsibilities: Typical duties include reviewing financial reports, monitoring accounts, and preparing activity reports and financial forecasts. Financial managers also investigate ways to improve profitability, and analyze markets for business opportunities, such as expansion, mergers or acquisitions.

In general, tasks across roles may include:
• Providing and interpreting financial information
• Monitoring and interpreting cash flows and predicting future trends
• Analyzing change and advising accordingly
• Formulating strategic and long-term business plans
• Researching and reporting on factors influencing business performance
• Analyzing competitors and market trends
• Developing financial management mechanisms that minimize financial risk
• Conducting reviews and evaluations for cost-reduction opportunities
• Managing a company's financial accounting, monitoring and reporting systems
• Liaising with auditors to ensure annual monitoring is carried out
• Developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organisations such as the Inland Revenue
• Producing accurate financial reports to specific deadlines
• Managing budgets
• Arranging new sources of finance for a company's debt facilities
• Supervising staff
• Keeping abreast of changes in financial regulations and legislation.

Gross monthly base salary: 20,000-30,000 (SAR)

Requirements

• University Qualifications: bachelor’s degree in finance, accounting, business administration, economics or a related field.
• Other certifications obtained: CFA
• Nature and length of previous experience: At least 8 years experienced in related field
• Specialist knowledge: Financial Analyst

Soft Skills and Personality traits:
• Commercial and business awareness
• Excellent communication and presentation skills
• An analytical approach to work
• High numeracy and sound technical skills
• Problem-solving skills and initiative
• Negotiation skills and the ability to influence others
• Strong attention to detail and an investigative nature
• The ability to balance the demands of work with study commitments
• Good time management skills and the ability to prioritize
• The ability to work as part of a team and to build strong working relationships
• The capacity to make quick but rational decisions
• The potential to lead and motivate others
• Good IT skills.

• Gender Preference: any
• Nationality Preference: Saudi preferred
• Language Fluency: English, Arabic
• Current Location: Saudi Arabia - Jeddah

About the Company

Established in 2010 by Engineer Al-MotazBellah Khashoggi and his family, and with its headquarters in Jeddah, Khashoggi Holding is a leading private holding group focused on investing in projects and businesses that contribute to the long-term benefit of the infrastructure, economic development, and social welfare of the Kingdom of Saudi Arabia

We invest in products, services and solutions from the energy & power, medical services, food, aviation, financial services and real estate sector, with a core focus on infrastructure, especially in the delivery and administration of projects in the power, water, and healthcare sectors.

To achieve this goal, the group aims to combine its significant influence, experience and abilities in its targeted sectors, with the most appropriate international partners, based on technical expertise, experience, capacity, and a willingness to make a long term commitment to the Kingdom.