Financial Control Manager

We are currently seeking a candidate from India who is willing to work in KSA. Upon selection, we will provide the required visa.

Responsible for day-to-day financial tasks including maintaining financial records, preparing financial reports, and analyzing financial data, manage and maintain accurate financial records utilizing ERP software, handle tax and treasury-related tasks with familiarity and efficiency, undertake any additional tasks assigned by management.

Financial Management
• Oversee the day-to-day financial operations of the company.
• Manage and coordinate the preparation of financial statements and reports.
• Ensure compliance with accounting standards and regulations.
• Prepare Financial Statements, Reports, And Presentations for Management, Board Meetings, And Other Stakeholders.
• In all financial aspects, ensure 100% compliance with the ERP platform by coordinating with suppliers for updates and implementations.
• Manage balance sheets and profit/loss statements
Budgeting And Forecasting
• Develop, implement, and monitor budgetary and forecasting processes.
• Analyze financial data and trends to provide insights for decision-making.
• Delivering daily, weekly, monthly, quarterly and annual reporting with forecasts
• Prepare monthly reports comparing departmental/Type of project forecast with actual performance.
• In preparing the internal budgeting for each project, closely collaborate with the department head/Profit center, overseeing the monthly and yearly forecasting.
• Provide feedback on the internal budget to the head of the concerned department.
• For each project, provide a comprehensive report sorted by branches.
• Fixed asset accounting and processing FA addition and depreciation in system
• Preparation of Request for Quotation & Send RFQ to different client / Vendors, And Examine the Quotations received & make rate comparisons and issue Purchase order/Invoice
• Supporting DC management throughout the project life cycle
• Advise management on how to craft effective business plans and resolve cost-related issues
Internal Controls
• Establish and maintain internal controls to safeguard company assets and ensure accuracy of financial records.
• Oversee Accounts Payable and Receivable Functions, Ensuring Compliance with Payment Terms And Timely Collections
• Carry additional responsibilities as assigned by the manager, finance and administration.
• Receiving and recording vendors’ invoices.
• Bank Reconciliation.
• Petty Cash Reconciliation.
• Maintain insurance plans for employees.
• Updating the Daily Bank Transaction.
• Register the customer in the company system (ERP)
• Keep a log of issued invoices based on the project's terms and conditions.
• Follow up with the client to confirm payment and record it in the system.
• Oversee processing of payroll changes (e.g. new hires, terminations, raises) and system upgrades
• Submit the monthly payroll Management /WPS and upload it to Bank / Mudad.
• Instantly reconcile and manage the digital platform for project-based payments.
• Accruals reconciliations
• Keep a log of fixed asset items across all locations/entity
• Intercompany reconciliation.
• After receiving confirmation from the department head, publish the leave calendar and provide employees with their leave salary and tickets.
• SADAD payments
• Maintain and update company records, databases, and filing systems.
• Handle monthly, quarterly and annual closings
Tax Compliance
• Manage tax-related activities, ensuring compliance with local tax regulations.
• Coordinate with external auditors for tax audits.
• Conduct periodic audits to identify and address potential issues.
• Comply with zakat, GOSI and tax financial policies and regulations.
• Submit the VAT or GST for each entity or country according to the specified period.
• WHT calculations and payments
• Assist in Statutory Audit and Tax Audit
• Accounting, bookkeeping, reconciliation and ensuring compliance with statutory requirements.
• ZATCA's E-Invoicing Integration is implemented in compliance with the regulations.
Cash Management
• Monitor and manage cash flow to ensure liquidity for operational needs.
• Optimize working capital and financial resources.
• Prepares payments by verifying documentation and requesting disbursements.
• Provide a monthly reconciliation report (SOA) for each employee's petty cash expenses.
• Support businesses in obtaining cash from banks and distributing payments.
• Preparation of Cash Receipts and Payment Vouchers.
Team Leadership
• Supervise and lead the DC team, fostering a collaborative and efficient work environment.
• Provide guidance and support to team members, ensuring professional development.

Requirements
• Proficiency In Accounting ERP Software Odoo
• Bachelor’s degree in accounting, Finance, or related field.
• A professional accounting qualification (e.g., ACCA, CMA, CPA) is highly desirable.
• Proven experience or in a similar role.
• In-depth knowledge of accounting principles, regulations, and financial reporting.
• Proficient in accounting software and MS Office.
• Travel may be required based on business needs, either within or outside the country.
• Strong analytical and problem-solving skills.
Skills And Competencies
• Leadership and team management skills.
• Excellent communication and interpersonal abilities.
• Detail-oriented with a focus on accuracy.
• Strategic thinking and decision-making capabilities.
• Ability to adapt to a dynamic work environment.

Subimit your CV : contact@ibridinsights.com