Job Detail

Finance Manager - Jobskey Consultancy

Date Posted: Aug 16, 2022

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Job Detail

Location:

Yanbu , Saudi Arabia
Company:

Jobskey Consultancy
Type:

Full Time/Permanent
Shift:

First Shift (Day)
Career Level:

NA
Positions:

1
Experience:

12+ years
Gender:

No Preference
Degree:

NA
Apply Before:

Apr 22, 2023

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Job Description

Purpose of Work:

Supervise and control all accounting activities concerned with the Company’s General Ledger, Invoice processing (including vendor management), Month-end close process, Financial Reporting (including timely preparation of quarterly and annual IFRS financial statements and Shareholder Reports), Coordination with Treasury and Payroll Section, Coordination with Budgeting and Production Accounting Section, and liaision with Auditors (external, internal, shareholder etc.) on matters arising from their audits

Responsible for managing the overall general ledger for the company and ensuring it reflects the true state of affairs of the Company

Carrying out activities in the integrated SAP system for month-end and year-end closing of financial books, including preparing / review and posting of monthly accounting adjusting entries, prepayments and accruals, review of refundable custom duty payments, and GR/IR account analysis and clearance

Management of processing and control of Accounts Payable process (including inter-company transactions), including timely invoice entry and payments of AP invoices, ensuring adequate approvals and budgetary controls in place, as well as supervise and control Accounts Receivable records and reports

Review of assets acquisition, retirements, and capitalization of assets under construction. Administration of the approved capital budget and AFEs

Verification of monthly bank and GL account reconciliations

Assist in developing, reviewing and updating accounting policy and procedures

Preparation of interim and annual financial statements as per IFRS and applicable standard and guidelines

Liaise with external auditors relating to audit and/or limited review of financial statements for client

Analysis and control of previous metals (Platinum and Palladium) inventory, Platinum purchase, Platinum lease, Platinum recovery from spent catalyst

Prepare as required, the financial review and analysis, and financial ratios relative to financial assumptions for management decision making

Recommend and maintain cost control, cost-saving and revenue enhancing opportunities in areas of Finance & Accounting General Manager’s responsibilities

Assist the General Manager F&A in the hiring and development of the new PDEs in Finance and Accounting Department, setting up KPIs and monitoring thereof, and provide leadership and coordination between departments and sections

Regular review and update of Finance P&Ps, Processes, and establish strategies to close gaps. Lead development and stewardship of F&A budgeting process

Support in all activities of SAP F&A related modules, including maintenance of required changes in SAP master data and records, as well as to maintain configuration changes etc. in SAP and general support

Requirements

BS / MS Accounting, or MBA (Finance)

7-9 years in finance and accounting including 3 years supervisory position in Finance, General Ledger and AP processing in a manufacturing environment (preferred)

Specialized Knowledge:

o IFRS as endorsed by SOCPA, Tax and Company laws, and SAP