Assistant Finance Manager Agriculture Business Division📣 Job Ad

About the Role

Matar Holding Company is seeking an Assistant Finance Manager for its Agriculture Business Division. Based in Dammam, Eastern Region, this full-time role involves overseeing all aspects of financial accounting, ensuring accurate reporting, and contributing to strategic financial decision-making. The Assistant Finance Manager will be responsible for maintaining robust internal controls, managing financial risks, and driving process improvements within the division.

Key Responsibilities

• Oversee financial accounting processes and transactions, ensuring timely and accurate month-end and year-end closing, and proper general ledger maintenance.
• Prepare accurate and timely financial reports, statements, and variance analyses for the business unit and senior management.
• Conduct regular reviews of transactions to identify incorrect or unusual recordings and ensure proper validation.
• Manage month-end provisions and accruals, ensuring the matching principle of cost with revenue.
• Ensure 3-way validation of invoices prior to booking and payment processing.
• Develop strategic relationships with stakeholders and provide insights to support strategic decision-making and cost-saving initiatives.
• Participate in the division's budgeting process in collaboration with FPM and department heads.
• Develop, implement, and ensure compliance with financial policies and procedures.
• Establish and maintain internal control procedures to safeguard assets and ensure compliance with accounting standards (such as IFRS/GAAP) and regulations.
• Identify, assess, and mitigate financial risks such as currency, interest rate, and credit risks.
• Oversee the implementation and maintenance of financial systems, driving process improvements and automation.
• Contribute to the group's financial strategy, providing recommendations for performance improvement and resource optimization.
• Monitor financial performance against budget and forecast, identifying areas for improvement and implementing corrective actions.
• Collaborate with cross-functional teams, providing financial expertise for business initiatives and strategic projects.
• Coordinate with external and internal auditors for timely completion of audit deliverables.
• Evaluate investment opportunities and capital expenditure projects, conducting cost-benefit analyses and providing recommendations.
• Lead and manage the finance team within the division, providing guidance, training, and support.
• Prepare and report ZAKAT, Tax, and monthly VAT in Saudi Arabia.

Qualifications and Experience

• Professional qualification such as ACA, CPA, ACCA, or CIMA.
• Minimum of 10 years of progressive experience in accounting and finance roles.
• At least 5 years of experience in a managerial or leadership position.

Required Skills and Competencies

• Thorough knowledge of accounting principles, practices, and regulations, including financial reporting, auditing, and internal controls.
• Strong analytical skills and attention to detail, with the ability to interpret complex financial data and make informed decisions.
• Excellent communication and interpersonal skills for effective interaction with stakeholders at all organizational levels.
• Proven leadership abilities and a track record of building and motivating high-performing teams.
• Advanced proficiency in Excel, Word, and PowerPoint; experience with ERP systems is preferred.
• Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.
• Strong problem-solving skills and a proactive, results-oriented mindset.
• High level of integrity, ethics, and professionalism.

Preferred Background

• Knowledge of Agricultural business, Animal Feed manufacturing, and Poultry farms.
• Experience in the Agriculture or Poultry Farm business.

Location and Work Type

This is a full-time position based in Dammam, Eastern Region, Saudi Arabia.