Head of Finance - Riyadh, المملكة العربية السعودية - Tharwah

وصف

TheHead of Finance is responsible for leading financial planning riskmanagement and ensuring the integrity of financial records andreporting. This role is pivotal in supporting senior managementwith strategic and tactical insights related to budget managementcostbenefit analysis and financial forecasting. The incumbent willindependently oversee profit and loss activities assess thecompanys financial position and manage cash flows within specifiedperiods. A key focus will be aligning financial strategy withTharwahs broader goals fostering innovation and ensuring compliancewith regulatory standards. Leadership crossdepartmentalcollaboration and proficiency in modern financial technologies areessential for thisrole.

JobDuties &Responsibilities:

Ensureaccuracy and compliance of financial records and documents withaccounting standards andlaws.

Analyzefinancial data to enhance organizational efficiency andeffectiveness.

Keepabreast of current accounting practices and financialregulations.

Leadfinancial planning including cash flow forecasting and liquiditymanagement.

Conductanalyses of cash flow reports highlighting variances andinsights.

Managetimely financial period closing in the accountingsystem.

Regularlyreconcile cash flowrelatedaccounts.

Performrisk assessments and provide detailed financial riskreports.

Participatein companywide financial risk managementstrategies.

Adviseon strategic financial risks to executivemanagement.

Overseebudgeting and longterm financial planningprocesses.

Securebanking facilities for company operations and futureexpansions.

Aligndepartmental financial forecasts with companyobjectives.

Prepareand consolidate the companys profit and lossbudget.

Managecapital and operational expenditurebudgets.

Developand oversee cash flowbudgets.

Facilitatethe annual budget approval process with executivemanagement.

Leadfinancial feasibility studies for newinitiatives.

Generatecomparative financial performance analysisreports.

Draftperformance evaluation reports with recommendations forimprovement.

Developmultiyear financial strategies supporting companygrowth.

Contributeto growth and expansionstrategies.

Oversee the development and implementation of accounting policiesandprocedures

Requirements

• Bachelors degree in accounting finance or a related field
  
• Must havemore than 10 years of experience in accounting financeor a similarrole.
  
• Proven track record in Collecting interpreting and reviewingfinancialinformation.
  
• Predictingfuture financial trends and providing actionableinsights.
  
• Reportingto and advising management and stakeholders on financial strategiesand their impact on future businessdecisions.
  
• Producingand interpreting financial reports related to budgets accountspayable and receivable andexpenses.
  
• Developingand overseeing longterm business plans and financialstrategies.
  
• Reviewingmonitoring and managing budgets ensuring alignment with strategicobjectives.
  
• Formulatingstrategies to minimize financialrisk.
  
• Analyzingmarket trends and competitors with a focus on strategicimplications.
  
• Ledand managed finance teams with strong skills in mentorship and teamdevelopment.
  
• Proficiencyin modern financial software and ERPsystems.
  
• Experiencein strategic decisionmaking and participating in executiveleveldiscussions.
  
• Handlingfinance in a multinational context (ifapplicable).
  
• Leadingfinancial change initiatives and demonstrating strong changemanagementskills.
  
• Ensuringcompliance with local and international financialregulations.
  

Bachelor s degree in accounting, finance, or a related field Musthave more than 10 years of experience in accounting, finance, or asimilar role. Proven track record in Collecting, interpreting, andreviewing financial information. Predicting future financial trendsand providing actionable insights. Reporting to and advisingmanagement and stakeholders on financial strategies and theirimpact on future business decisions. Producing and interpretingfinancial reports related to budgets, accounts payable andreceivable, and expenses. Developing and overseeing long-termbusiness plans and financial strategies. Reviewing, monitoring, andmanaging budgets, ensuring alignment with strategic objectives.Formulating strategies to minimize financial risk. Analyzing markettrends and competitors, with a focus on strategic implications. Ledand managed finance teams, with strong skills in mentorship andteam development. Proficiency in modern financial software and ERPsystems. Experience in strategic decision-making and participatingin executive-level discussions. Handling finance in amulti-national context (if applicable). Leading financial changeinitiatives and demonstrating strong change management skills.Ensuring compliance with local and international financialregulations.