Head Of Finance - Print Preview

Head Of Finance

Job Details:
Total Position: 1
Job Type: Full Time/Permanent ()
Job Location: Riyadh
No Preference
Age: 30 - 40
Education Bachelors
Career Level: Executive (SVP, VP, Department Head, etc)
Experience: 8 Years
Work Permit: Saudi Arabia
Apply By : Aug 10, 2019
Posted: May 11, 2019
Job Description:

Role Summary:

The post holder will plan, develop and implement effective and efficient financial system to support the achievement of GAC’s strategic objectives and provide the top management team with timely updates and reporting on the financial status of GAC and in compliance with legal requirements

The Finance Manager is responsible for managing the team to ensure that work is properly allocated and completed in a timely and accurate manner. This position addresses tight deadlines and a multitude of financial and accounting

Key Responsibilities:

Liaise with internal and external auditors to ensure statutory records are accurate

2. Ensures that all the financial policies, procedures and processes are in line with the best practices and GAC’s strategic plans.

3. Develops financial outlooks and estimates as required during the course of the year to assist the management in identifying risks and opportunities in achieving periodic and full year objectives

4. Provides consultancy and financial support to various GAC’s projects, teams and departments.

5. Leads business planning and decision making processes; by ensuring all required financial analysis are provided.

6. Ensures that all GAC financial data are collected, derived and consolidated from all departments in order to produce reliable forecasting and plans.

7. Ensure that Finance strategies and related plans are developed and implemented, which are aligned with the vision and mission of GAC.

8. Oversee the consolidation and recommend the budget and monitor financial performance versus the budget so that the organization is aware of anticipated costs and revenues.

9. Develop and oversee the implementation of Finance policies, procedures and controls covering all areas of financial activity so that all relevant procedural/legislative requirements are fulfilled.

10. Monitors and analyzes department’s work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.

11. Provides leadership, direction and effective management of the finance and accounting team.

12. Managing the processes of financial forecasting and budgets, and overseeing the preparation of all financial reporting.


  1. Bachelor’s degree in Finance, Accounting or related majors.
  2. MBA or equivalent post-graduate degree is a plus.
  3. Solid experience in accounting, budgeting and strategic planning processes
  4. Excellent use of Office Programs as Word, Excel, Powerpoint
  5. Fully qualified accountant (CFA/CPA/CMA or equivalent) is highly desirable.
  6. 8 years relevant experience in Finance and Accounting; including a minimum of 3 years in positions of progressively increasing managerial responsibilities.
  7. Must have at least 2 years of experience in semi-government organizations.

Behavioral Competencies

  • Collaborates, negotiates and persuades others, both internally and externally
  • Demonstrates strong project management and planning skills
  • Learns quickly; motivates other to adapt quickly to new systems, processes and tools
  • Demonstrates strong leadership and coaching skills
  • Demonstrates strong management and delegation skills

· Proven ability to multi-task, work under pressure and meet tight deadlines.

· Ability to proficiently communicate in English

Technical Competencies:

· Budgeting

· Accounting Management

· Internal Controls

· Financial and accounting principles

· Reporting

Skills Required