Business Finance Manager (Distribution Co, KSA, Transferable iqama is a must )

• Posting Date: 14/03/2019
• Ref: 966079
• Position: Business Finance Manager (Distribution Co, KSA, Transferable iqama is a must )
• Location: Jordan
• City: Jeddah
• Sector: Trading
• Years of Experience 10
• Qualification: BA
• Salary: Up to SR 18k package
• Description:
  • Prepares financial and business related analysis and research in such areas as financial and expense performance, rate of return, depreciation, working capital, and investments.
  • Prepares consolidated forecasts and budgets and analyzes trends in revenue, expense, capital expenditures and other related areas.
  • Assists with special financial and business related studies and cooperates with other departments in preparing analyses, and annual budget
  • Ensure strict adherence to Planning Calendar and follow up mechanism.
  • Continuously monitor achievement of key financial parameters of the Business Plan
  • Monitor Efficiency of each operating unit/ function in the business
  • Ensure Capital expenditure is within budgeted levels and any unbudgeted expenses are justified
  • Monitor Working Capital efficiency through analysis of Division wise Receivables Days and Inventory analysis
  • Identify and correct Internal Control Weaknesses in all areas of operations.
  • Document and fix responsibility for implementation of controls in each area.
  • Initiate corrective action in areas of concern in coordination with operating management.
  • Assist with compilation and analysis of consolidated budgets and long range plans.
  • Maintains and coordinates group completion of financial review templates and meetings.
  • Defines financial situation by completing quantitative analyses.
  • Evaluates optional plans by identifying outcomes and potential returns.
  • Values assets by appraising current condition; assessing potential.
  • Builds financial database by identifying sources of information; assembling, verifying, and backing up data.
  • Recommends financial actions by assessing options in relation to organization goals.
  • Prepares financial reports by collecting, formatting, analyzing, and explaining information.
  • Protects operations by keeping financial information confidential.

  Accountable for budgetary controls and compliance for all support and operations functions
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