Please turn on your javascript Chief Financial Officer (CFO) Job, Jeddah - MIHNATI.COM

Chief Financial Officer (CFO)

Confidential Verified

Jeddah , Saudi Arabia

Posted Aug 07, 2018 781 views

SR. 30,000 - 35,000/Month

Apply For This Job


Never send checks, payment, or money transfers to employers for any purpose to secure a job posted. If you see any suspected fraud or any potential misuse of MIHNATI.COM, please send an e-mail to [email protected]

Job Description

• Ensure development and implementation of Financial and Accounting Policies.• Develop tools and systems to provide critical financial and operational information to the CEO and make actionable recommendations on both strategy and operations.• Assist in development of financial planning and analysis exercises/reports.• Enhance and implement financial and accounting systems, processes, tools and control systems.• Ensure maintenance of appropriate internal controls and financial procedures.

• Oversee preparation of month-end, quarter-end and year-end financial statements.• Review all month-end closing activities including general ledger maintenance, balance sheet reconciliations and corporate/overhead cost allocation.• Ensure submission of statement(s) / returns / report to the regulatory authorities.• Ensure preparation of Monthly Management Performance Report.• Coordinate the development and monitoring of budget on yearly basis in coordination with various divisions for approval from the Board of Directors.• Ensure preparation of business plan of the company with forecasts for next 3 years.• Ensures properprovisioning of employees “End of Service” benefits• Ensures yearly submission of actuarial report• Ensures timely payment to agents, vendors and employees.• Oversees account receivables management and provide support to collection activities.• Serve as a key point contact for external auditors; Manage preparation and support of all external audits.• Oversee cash flow planning and ensure availability of funds as needed.• Oversee cash, investment, and asset management.• Oversee the accounting department to ensure proper maintenance of all accounting systems and function.

• Ensure legal and regulatory compliance regarding all financial functions.• Oversee financing strategies and activities, as well as bankingrelationships.• Participate in various meetings as and when required.• Build and maintain relationships with representative of governmentauthorities / agencies / tax advisors / internal and external auditors /financial institutions etc.• Present annual departmental budget relating to human resources andexpense requirement for onward review and approval by CEO• Ensure accuracy of statistics for onward submission to government /regulatory authorities/ agencies etc.• Mentor and develop a direct team, managing work allocation, training,problem resolution, performance evaluation, and the building of aneffective team dynamic.

Job Details

Total Positions:
1 Post
Job Shift:
First Shift (Day)
Job Type:
Full Time/Permanent
Job Location:
No Preference
Minimum Education:
Career Level:
Experienced Professional
Minimum Experience:
10 Years
Apply Before:
Sep 06, 2018
Posting Date:
Aug 07, 2018
Show fewer details Read full job description