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Finance Manager
Finance Manager
22
Riyadh
Job Views:
Created Date: 2025-06-09
End Date: 2025-08-10
Experience: 2 - 5 years
Salary: 10000
Industry: Logistics
Openings: 1
Primary Responsibilities :
Opening with one of the leading shipping / Freight industry
in Saudi Arabia
Job Title: Finance Manager
Experience- 2 - 5 Yrs
Job Location - Dammam/Jeddah (Required to travel with KSA
branches: Jeddah/Riyadh/Dammam branches)
Qualification: Chartered Accountant (minimum CA Inter
Qualified).
Industry - Shipping Line & Logistics industry experience will be preferred
Experience Requirements:
Key Responsibilities
Financial Planning & Analysis:
- Develop
and manage annual budgets, forecasts, and financial plans.
- Conduct
variance analysis and provide insights to senior management.
- Support
strategic initiatives with financial modeling and analysis.
Accounting & Reporting
- Oversee
the preparation of monthly, quarterly, and annual financial statements in
compliance with Saudi Arabian Financial Reporting Standards (SAFRS) and
International Financial Reporting Standards (IFRS).
- Ensure
timely and accurate submission of financial reports to regulatory
authorities, including the Saudi Arabian General Investment Authority
(SAGIA) and Zakat, Tax and Customs Authority (ZATCA).
Compliance & Controls
- Maintain
robust internal controls to safeguard company assets and ensure financial
integrity.
- Ensure
compliance with local tax laws, labor regulations, and other relevant
legislation.
- Coordinate
external audits and liaise with auditors to facilitate the audit process.
Cash Flow Management
- Monitor
and manage cash flow to ensure liquidity for operational needs.
- Optimize
working capital through effective management of receivables, payables, and
inventory.
Team Leadership
- Lead,
mentor, and develop the finance team to enhance their skills and
performance.
- Foster
a collaborative and high-performance culture within the department.
Stakeholder Management
- Collaborate
with other departments to support business objectives and provide
financial insights.
- Communicate
financial performance and strategic recommendations to senior leadership.
Specific Areas of Responsibility within a Shipping Line:
- Freight
Management: Understanding and managing the complexities of freight
costs, including taxes, duties, and surcharges.
- International
Trade: Navigating the financial implications of international
shipping, including currency exchange, trade regulations, and
documentation.
- Fleet
Management: Managing the financial aspects of owning and operating a
fleet of ships, including depreciation, maintenance, and fuel costs.
- Supply
Chain Finance: Providing financial insights on supply chain
operations, such as inventory management, logistics, and warehousing