Job Description

Responsibilities:

Develop and implement financial strategies, budgets, and forecasts. Analyze financial data to identify trends, opportunities, and potential risks. Prepare and present regular financial reports to senior management, highlighting performance, variance analysis, and financial forecasts. Provide insights and recommendations for improving financial performance and profitability. Costing & Cost Control:

Oversee costing functions and ensure accurate and timely cost calculations for products, services, and operations. Manage cost allocation processes, ensuring proper distribution of direct and indirect costs. Analyze cost structures, identify cost-saving opportunities, and implement effective cost control measures. Ensure proper inventory valuation and support in pricing decisions based on cost structures. Monitor and optimize cost-related processes to maintain profitability. Prepare and oversee monthly, quarterly, and annual financial statements and reports, ensuring accuracy and compliance with local and international accounting standards. Ensure the timely preparation of financial statements for internal and external stakeholders, including auditors and regulatory bodies. Stay updated on changes in financial regulations and ensure company compliance with relevant financial laws. Cash Flow & Liquidity Management:

Monitor and manage cash flow, ensuring the organization has adequate liquidity for operations. Oversee accounts payable, accounts receivable, and cash management to maintain working capital efficiency. Develop cash flow forecasts and recommend actions to optimize liquidity. Financial Controls & Risk Management:

Implement and maintain effective internal controls to safeguard company assets and ensure accurate financial reporting. Identify financial risks and develop strategies to mitigate them. Ensure compliance with all tax regulations and financial reporting requirements. Lead and manage the finance team, ensuring the team is motivated, trained, and performing at its best. Collaborate with other departments to ensure financial data is accurately reflected in business operations and decision-making processes. Provide financial guidance to senior management and other departments to ensure financial objectives align with business goals. Financial System & Process Improvement:

Evaluate and implement improvements to financial systems, processes, and reporting mechanisms to enhance efficiency. Utilize financial software and ERP systems to automate and streamline financial operations. Desired Candidate Profile: Bachelor's degree in Finance, Accounting, or a related field (Master's degree preferred). Professional finance certification (e.g., CFA, ACCA, CPA, CMA, or similar) is required. Proven experience (5+ years) in finance management, costing, financial analysis, and reporting. Strong knowledge of accounting principles, financial regulations, and financial reporting. Extensive experience in costing analysis and cost control measures. Proficient in using financial software and ERP systems (e.g., SAP, Oracle, QuickBooks, etc.). Strong analytical, problem-solving, and decision-making skills. Exceptional leadership skills, with the ability to manage, motivate, and develop a team. Excellent communication and interpersonal skills, with the ability to collaborate effectively with different departments. Strong attention to detail and the ability to handle complex financial data. Fluent in English (Arabic is an advantage). Employment Type: Full Time Company Industry: FMCG Foods Beverages Department / Functional Area: Finance Treasury Keywords: Budget Manager #J-18808-Ljbffr