Financial Manager

Job Description

Monitor and control the treasury accounting processes, including:

• Cash flow management and assess all Riyal payment processes (bank transfers, issuance, and receipt of checks).
• Carrying out all foreign exchange payment and import processes (obtaining order registration numbers from the NTSW, purchasing an import cargo insurance policy, obtaining currency allocation codes, opening import cases, endorsing shipping documents, paying customs declarations, and clearing foreign exchange obligations.

Monitor and control the sales accounting processes, including:

• Investigate the average settlement period of credit sales, monitor the management of invoice copies and remittances from customers, closely monitor financial operations to update price lists or sales campaigns in the financial system, customer account discrepancies, and credit risk control.

Monitor and control the financial accounting processes, including:

• Register purchase documents for goods and services for all domestic and foreign purchases.
• Register status and contractor insurance processes.
• Register personnel expenses and salaries.
• Control all registered accounts and check accounts in accordance with accounting standards.
• Prepare and send quarterly purchase and sales reports and VAT declarations and performance declarations.
• Arrange matters to close accounts in monthly financial periods.
• Analyze all financial and accounting reports (balance sheets, profit and loss, budget and cash flow, and financial performance reports of the company).

Monitor and control the management accounting processes, including:

• Control fixed assets, and calculate the cost price of final products using ERP to achieve the actual profit and loss of the period.
• Prepare, adjust, and analyze the company's annual budgets.
• Participate in planning and presenting proposals and financial policies, playing an effective role in the financial feasibility of plans and projects, and examining the rate of return (RoR) for investment projects.
• Evaluate financial credits from banks.