Finance Manager

Position Overview

We are seeking a highly motivated and strategic Finance Manager to join our dynamic team. In this pivotal role, you will provide robust financial leadership, shape accounting strategies, and ensure the integrity of our financial operations. As a Finance Manager within an SME environment, your responsibilities will span both high-level visionary tasks and hands-on management, making this position a critical driver of our organization’s financial health and compliance.

Core Purpose

The Finance Manager will serve as an integral member of the finance and accounting team, overseeing a comprehensive portfolio of responsibilities. You will be entrusted with the full spectrum of finance, accounting, auditing, reporting, legal, and HR functions, ensuring strict adherence to regulatory requirements and internal policies. Your role will be instrumental in maintaining the financial stability, operational efficiency, and strategic growth of the company.

Key Responsibilities

Finance, Accounting & Reporting

• Maintain and prepare all accounting-related documentation, ensuring accuracy and compliance with local and international standards.
• Oversee financial transactions, including accounts receivable, accounts payable, and banking operations, to safeguard company assets.
• Reconcile and prepare quarterly VAT returns, monthly excise returns, Ultimate Beneficial Owner (UBO) submissions, and Economic Substance Regulations (ESR) filings, where applicable.
• Ensure compliance with ZATCA, Ministry of Finance, e-invoicing, and labor department reporting requirements.
• Actively participate in periodic executive management meetings to provide financial insights and strategic recommendations.
• Evaluate and establish robust workflows and internal controls to align with current regulations and industry best practices.
• Serve as the primary contact for headquarters on all finance-related matters, ensuring seamless communication and alignment.
• Own the preparation of weekly and monthly financial reports for headquarters, including Management Information Systems (MIS) and cash flow analyses.
• Prepare and present financial reports and analyses to the CEO and Group Finance Controller as required.
• Develop and implement the Finance Department’s financial reporting, budgeting, and long-range planning (LRP) strategies in coordination with the CEO and Group Finance Controller.
• Ensure annual audit compliance and manage the entire audit process from preparation to completion.
• Fully manage the accounts receivable process, including follow-ups with sales teams and customers to address overdue payments and manage collections for delinquent accounts.
• Oversee corporate banking operations, including account management, entries, KYC compliance, and negotiation with financial institutions.
• Drive process improvements to enhance the quality and relevance of periodic financial reporting and analytics provided to the business.
• Assist the CEO in budgeting processes, including sales, cost, HR, and payroll budgets, and provide strategic input to balance the Profit & Loss (P&L) statement in alignment with overall business strategy.
• Participate in financial modeling simulations as requested by the CEO, offering data-driven insights and recommendations.
• Lead annual budgeting and forecasting initiatives, including inventory and stock valuation reconciliations.
• Manage group reporting and intercompany reconciliations, ensuring accurate and timely monthly submissions to headquarters.

Administration & HR Oversight

• Oversee all HR functions in collaboration with the PRO, including visa applications, renewals, cancellations, administrative tasks, dispute resolutions, and contract management.
• Monitor contractual obligations, such as rentals, leases, insurance policies, and annual maintenance contracts, ensuring timely renewals and compliance.
• Prepare and execute monthly payroll in accordance with local regulations and company policies.
• Implement and enforce Human Resource Management policies under the direction of the CEO.
• Manage staff expense reimbursements, ensuring adherence to local policies and timely processing.
• Monitor staff development progress and actively participate in training initiatives and refresher courses to foster a culture of continuous improvement.

Knowledge, Skills, and Abilities

• Deep understanding of accounting and finance principles, with a commitment to maintaining the highest standards of accuracy and compliance.
• Exceptional analytical skills to interpret financial data, identify trends, and provide actionable insights.
• Strong written and oral communication skills, enabling effective collaboration with stakeholders at all levels.
• Proven business partnering and interpersonal skills, fostering trust and alignment across departments.
• Highly organized and adaptable, capable of thriving in dynamic environments and managing multiple priorities simultaneously.
• Resilience under pressure, with the ability to meet tight deadlines without compromising quality.
• Proficiency in Excel, MS Access, and PowerPoint, with advanced skills in financial modeling and data analysis.
• Strong project management capabilities, ensuring timely and efficient execution of financial initiatives.
• Self-motivated and results-driven, with a high degree of ownership and commitment to delivering exceptional outcomes.

Competencies

• Decision-making: Ability to make confident, fact-based decisions that drive financial and operational success.
• Problem-solving: Approaches challenges from multiple perspectives to develop and implement effective solutions.
• Proactive thinking: Anticipates potential issues and implements preventive measures to mitigate risks.
• Strategic mindset: Aligns financial strategies with broader business objectives to support sustainable growth.