Senior Finance Officer Work In Saudi Arabia

• Prepare monthly, quarterly, and annual financial reports in line with IFRS/GAAP.
• Monitor and analyze financial transactions to ensure accuracy and compliance.
• Assist in preparing financial statements, profit & loss accounts, and balance sheets.
• Work closely with auditors and ensure timely completion of audits.

2. Budgeting & Forecasting:

• Support in developing and managing budgets for different departments.
• Conduct financial analysis and forecasting to assist in business planning.
• Identify budget variances and provide recommendations for cost optimization.

3. Accounts Payable & Receivable Management:

• Ensure timely processing of payments to suppliers and vendors.
• Monitor customer invoicing, collections, and outstanding receivables.
• Reconcile accounts and resolve any discrepancies in financial records.

4. Compliance & Risk Management:

• Ensure compliance with tax laws, VAT regulations, and financial policies.
• Assist in tax filings, payroll processing, and regulatory submissions.
• Implement internal financial controls and risk management strategies.

5. Cost Control & Financial Analysis:

• Analyze operational costs and identify areas for cost-saving.
• Track financial performance metrics and key financial indicators.
• Provide financial insights to support management in decision-making.

6. Team Coordination & Collaboration:

• Work closely with finance, procurement, and HR departments for smooth financial operations.
• Provide guidance to junior finance staff and ensure adherence to accounting principles.
• Liaise with banks, auditors, and tax authorities for financial matters.