Financial Manager📣 Job Ad

in Paxocean

22 days ago

	Contract Type	Full-time
	Workplace type	On-site
	Location	Al Jubail

Job Summary
This role is responsible for overseeing end-to-end finance operations, ensuring strong financial control, compliance, and alignment with the company’s business objectives. Key responsibilities include managing cash flow and liquidity, credit risk, costing accuracy, fixed assets, and daily sales outstanding, while driving process improvements—especially in accounts payable and payments.

Key Responsibilities

Oversee the daily Finance operations, ensuring alignment with Company's objectives, policies and budgets
Ensure targeted daily sales outstanding is met
Perform credit risk analysis on customers
Ensure compliance with financial policies and procedures across operations
Lead initiatives to optimize financial processes esp. on AP and Payment
Manage cashflow, ensuring enough liquidity to meet the operation needs while managing financial and interest risks
Oversee costing function to ensure accuracy in reports, delta costs are promptly cleared and analyse unusual CM
Partner with other departments to develop financial strategies that align with overall business goals
Identify financial risks associated with operational functions and mitigate them
Manage and maintain the fixed asset register, ensure addition capex has been properly approved
Lead the preparation, monitoring and management of annual budgets, ensuring alignment with business objectives
Monitor actual expenditures against approved budgets, including detailed tracking of project/CAPEX costs and analysis of variances
Prepare actual monthly financial reports, including forecasts and variance analysis comparing actual results against budgeted figures
Review and submit quarterly VAT to ensure VAT submissions in compliance with regulatory requirements
Oversee annual tax compliance activities, ensuring timely and accurate filings in accordance with ZATCA laws and regulations
Liaise with external auditors, tax agents, banks
Other ad-hoc projects

Key Requirements

Minimum 5 years of finance or accounting experience, with at least 3 years in operational finance role
Experience in leading team of at least 5 staff
Proficiency in SAP and advanced Excel skills preferred
Strong understanding of financial controls, compliance and risk management
Excellent analytical, problem solving and communication skills
Able to collaborate effectively with different depts
Hands-on to lead by example or coach the team
Able to manage multiple priorities and meet deadlines

Education
Bachelors in Accounting or Business Administration.

Requirements

Requires 2-5 Years experience

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