Finance Senior Manager (Saudi Only)

col-narrow-left 

Job ID:

3228

Category:

Accounting, Finance, Management
col-narrow-right 

Job Views:

343

Employment Type:

Full time

Posted:

11.06.2017
col-wide 

Occupations:

Accounting-Finance: General-Other: Accounting-Finance

Job Description:

Job description

To ensure that all financial, tax & Zakat & operations are effectively executed within the IFRS framework assisting FDin planning, arranging & reviewing funding requirements of future ventures, implementing & overseeing accurate production of reports, financial & legal controls & ensuring smooth operation by effective utilization of resources to support Savola Foods strategic objectives while ensuring compliance of applicable policies, procedures and regulatory requirements. Lead specific project of IFRS Convergence. 

Financial Targets 

§ Ensure group financial targets are being followed up & embedded in all business unit plans by agreeing financial targets, reviewing quarterly targets & ensuring decisions link with financial plans in order to deliver on the agreed strategy. 

Financial & Legal Regulation 

§ Ensure Savolas compliance with financial and legal regulations by ensuring the group is updated with the latest regulations through advisors & these are implemented internally to avoid legal complications. 

Maintenance 

§ Ensure the maintenance of internal controls (e.g. vendor payments, payroll, bank funding movements) in Savola by reviewing controls on a regular basis to ensure minimizing financial risks 

Financial Analysis 

§ Provide overall direction for new ventures relevant to the Financial arena by carrying out financial analysis, with the support of Investment Department for ventures e.g. investments abroad, divestment & mergers to ensure success for the venture & minimize risks 

Financial Records 

§ Maintain group financial records & systems in accordance with SOCPA / IFRS & accounting principles by ensuring the group is updated with changes in standards to ensure group financial reports are accepted by auditors & regulatory authorities. 

Finance Team 

§ Recruit, lead, develop & appraise the finance team & finance controllers by providing coaching & advising on external training to ensure the team is highly motivated & trained to meet business requirements. 

Financial Recommendations 

§ Make financial recommendations to the Savola FD & CFO based on financial reports & special analysis to ensure business goals & targets are met. 

Projects 

§ Lead specific business projects by reviewing & scoping the projects & evaluating results to ensure return on investment with close coordination with Investment Dept under direct supervision of FD. 

Shareholders 

§ Assist the FD in preparing for Board & Shareholder reports by providing analysis & explanations on financial indicators & elements to ensure the Board & Shareholders / Regulatory authorities are fully aware of any significant items which are part of the published financial reports.

Job Requirements:

Academic and professional qualifications: 

  • B.Sc. in Finance or Accountancy. 

  • Chartered Accountant, Management Accountant, 

Experience: 

3-7 years post qualification experience at a senior level . Expert knowledge of IFRS required.
Company Info
Savola Gorup
Saudi Arabia

Phone:
Web Site: http://www.savola.com

Company Profile

Company Info


Savola Gorup
Saudi Arabia
Phone:
Web Site: http://www.savola.com

Finance Senior Manager (Saudi Only)

col-narrow-left 

Job ID:

3228

Category:

Accounting, Finance, Management
col-narrow-right 

Job Views:

343

Employment Type:

Full time

Posted:

11.06.2017
col-wide 

Occupations:

Accounting-Finance: General-Other: Accounting-Finance

Job Description:

Job description

To ensure that all financial, tax & Zakat & operations are effectively executed within the IFRS framework assisting FDin planning, arranging & reviewing funding requirements of future ventures, implementing & overseeing accurate production of reports, financial & legal controls & ensuring smooth operation by effective utilization of resources to support Savola Foods strategic objectives while ensuring compliance of applicable policies, procedures and regulatory requirements. Lead specific project of IFRS Convergence. 

Financial Targets 

§ Ensure group financial targets are being followed up & embedded in all business unit plans by agreeing financial targets, reviewing quarterly targets & ensuring decisions link with financial plans in order to deliver on the agreed strategy. 

Financial & Legal Regulation 

§ Ensure Savolas compliance with financial and legal regulations by ensuring the group is updated with the latest regulations through advisors & these are implemented internally to avoid legal complications. 

Maintenance 

§ Ensure the maintenance of internal controls (e.g. vendor payments, payroll, bank funding movements) in Savola by reviewing controls on a regular basis to ensure minimizing financial risks 

Financial Analysis 

§ Provide overall direction for new ventures relevant to the Financial arena by carrying out financial analysis, with the support of Investment Department for ventures e.g. investments abroad, divestment & mergers to ensure success for the venture & minimize risks 

Financial Records 

§ Maintain group financial records & systems in accordance with SOCPA / IFRS & accounting principles by ensuring the group is updated with changes in standards to ensure group financial reports are accepted by auditors & regulatory authorities. 

Finance Team 

§ Recruit, lead, develop & appraise the finance team & finance controllers by providing coaching & advising on external training to ensure the team is highly motivated & trained to meet business requirements. 

Financial Recommendations 

§ Make financial recommendations to the Savola FD & CFO based on financial reports & special analysis to ensure business goals & targets are met. 

Projects 

§ Lead specific business projects by reviewing & scoping the projects & evaluating results to ensure return on investment with close coordination with Investment Dept under direct supervision of FD. 

Shareholders 

§ Assist the FD in preparing for Board & Shareholder reports by providing analysis & explanations on financial indicators & elements to ensure the Board & Shareholders / Regulatory authorities are fully aware of any significant items which are part of the published financial reports.

Job Requirements:

Academic and professional qualifications: 

  • B.Sc. in Finance or Accountancy. 

  • Chartered Accountant, Management Accountant, 

Experience: 

3-7 years post qualification experience at a senior level . Expert knowledge of IFRS required.
Fast-Track your career
  • Register NowRegister Now

    Top candidates have already found their luck in a tough market. You can search for your next job or start your career just by registering for free.

  • CV BuilderCV Builder

    Centralize your information quickly and integrate it in to a beautiful document to be delivered to your future employer. It has never been this easy.

  • Become a future business leaderBecome a future business leader

    Saudis with outstanding academic achievements can expect to find jobs on Elite Saudi Professionals that will take you on the journey to becoming Saudi’s next Elite Executives.