Finance Manager

Description

Summary: Oversee financial planning, budgeting, cost control, and accountability, ensuring financial discipline and strategic management of resources. Highlights: 1. Drive financial accountability and cost control across all departments. 2. Manage project finances, cash flow, and working capital effectively. 3. Ensure compliance and accurate financial reporting with KPIs. Key Roles \& Responsibilities **1\. Financial Planning \& Budgeting** **2\. Cost Control \& Profitability** **3\. Financial Accountability** Establish approval workflows for all expenditures. Ensure every expense is supported by valid business justification. Hold department heads accountable for budget overruns. Promote a culture where "every riyal spent delivers measurable business value." **4\. Project Financial Management** Monitor project profitability. Review project invoices, claims, and payment milestones. Identify cost overruns early and recommend corrective actions. **5\. Cash Flow \& Working Capital** Manage receivables and payables. Ensure timely collection from clients. Optimize vendor payments while maintaining healthy cash flow. **6\. Compliance \& Risk Management** **7\. Procurement \& Contract Review** Review major purchase requests. Verify commercial terms and pricing. Ensure procurement follows approved budgets and company policies. **8\. Financial Reporting** Prepare monthly MIS reports, profit \& loss statements, balance sheets, and management dashboards. Establish accountability through cost ownership by each department. Use KPIs to monitor financial discipline. Ensure no payment is processed without proper documentation and approvals. Work Location: In person