Job description / Role
Our client is a global leader within the synthetic manufacturing industry, and has a presence for the products and markets that they cover. They are seeking to expand their management and are looking for a Finance Manager to lead their operational finance function and team, for their KSA office, based in Jeddah.
Client Details
The organisation is a well-established and growing company, providing high quality materials to the customers, with a strong focus on sustainability and excellence across the world. The client works on a large global scale, covering the Middle East, Asia, Europe, Africa and the Americas.
Description
* Booking and recording of all financial transactions in line with budgetary ownership by entity and BU, internal policies and controls and IFRS
* Execution of all treasury operations (payables, collections, credit control & insurance, documentary credit, financial guarantees and other instruments, bank funding, cash management & pooling) in support of all departments / entities requirements and to fulfil the Group’s commercial and funding obligations
* Monthly cash flow planning and forecasting to ensure liquidity is always adequate and at the right cost to support the Group’s current and future needs.
* Actively manages and services bank debt / funding portfolio through review, forecasting and planning of operating & financing cash flows and tracking KPI performance vs. covenants
* Supports the CFO to develop the Group funding strategy and capital structure and to secure the right bank facilities to optimise Group financing costs
* Preparation of KSA fiscal reporting (VAT, Zakat) to ensure financial compliance with the law and the company’s policies
* Leads and develops the finance operations team
* Oversees and develops policies, systems, processes & procedures to enhance the business control environment, incl. the Group finance IT systems and controls and their continuous improvement to drive further process efficiency
* Key relationships with banks, statutory auditors, Credit insurers & tax advisory
* Supports HR & serves Group employees with the review and disbursement of the monthly payroll, business expenses and other reward mechanisms
Job Offer
* An attractive and competitive salary
* Local benefits: medical insurance, annual air tickets, visa
* Join a well-established and global organisation
* Directly reporting to the CFO based in Jeddah
Requirements
* Around 8+ years of experience in within the accounting function
* 5+ years in mid-level finance leadership role (people management is essential)
* International accounting qualification is required: CA, ACCA, or CPA.
* Manufacturing industry is mandatory
* Strong understanding in KSA systems and portals is necessary, along with have experience with local taxation and banks is necessary
* Background in Reporting and Consolidation, Accounting, FP&A, Controlling, investment appraisal, Business Controls and Treasury Management
About the Company
Michael Page is one of the world’s leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.
The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:
Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal
The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.