Department Manager- Finance & Accounts

Objectives:  

Our client is a leading facility management company. They are currently looking for a Department Manager- Finance & Accounts to join their team in Riyadh Saudi Arabia. The Department Manager - Finance & Accounts is responsible for managing client accounts, overseeing financial reporting, monitor and evaluate the day-to-day activities of client’s Finance & Accounting department, overseeing reports and transactions, developing and implementing operational procedures and policies, and ensure that the organization's financial accounting goals and objectives are met. 

Responsibilities:  

• Analyze financial reports, including profit and loss statements, balance sheets, and cash flow statements. 

• Identify financial risks and propose risk management strategies to mitigate potential financial losses. 

• Offer financial advice and guidance to clients, including investment opportunities, financial planning, and wealth management. 

• Track cash flow, analyze financial strengths and weaknesses, and propose corrective actions. 

• Utilize financial data and market trends to forecast future financial performance. 

• Implement systems for effective financial planning and risk mitigation. 

• Develop and oversee the annual budget for the finance and accounts department. 

• Implement and oversee accounting system transformations for operational efficiency. 

• Identify opportunities for process improvements within financial transactions and reporting. 

• Oversee day-to-day accounting operations, ensuring accuracy and compliance with relevant standards. 

• Identify and assess financial risks, implementing strategies to mitigate potential issues. 

• Collaborate with internal teams such as sales, marketing, and operations to ensure financial objectives align with the overall business strategy. 

• Supervise and mentor finance staff, ensuring effective collaboration and skill development. 

• Support the CFO in representing the Company with external stakeholders.  

• Maintain effective communication with stakeholders to ensure financial goals align with organizational objectives. 

• Provide strong leadership of the finance and accounts team. 

• Analyze and interpret financial data, providing valuable insights for strategic decision-making. 

• Bachelor’s degree in finance or accounting, Master’s degree is a plus, CPA or CFA certification is a must. 

• 15 years experience with at least 5 years in a leadership role. 

• Experience in facility management is a must. 

• Strong analytical thinking to interpret complex financial data. 

• Effective problem-solving skills to address financial challenges. 

• Proven team management experience to lead and develop finance staff. 

• High attention to detail for accuracy in reporting and compliance. 

• Excellent time management to meet tight financial deadlines. 

• Knowledge of accounting standards and regulatory requirements. 

• Expertise in financial reporting for internal and external stakeholders. 

• Skilled in cost analysis to support budgeting and decision-making. 

• Experience with general ledger management and reconciliation. 

• Understanding of auditing processes to ensure financial integrity.