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Finance and Accounts Manager (Vehicle Lease / Rental Company)

CATS Applicant Tracking System

Riyadh, Saudi ArabiaAED 8,000-20,000/moSAR 8.2K-20.4K/moToday
Saudi ArabiaFinance & AccountingFull Time

Skills Required

Accounting

Job Description

Responsibilities Study and understand business trends; Discuss & obtain inputs from key business heads w.r.t future market outlook;Assess projected profitability; Formulate appropriate strategies for operational financial management; Recommend and implement suitable actions;Obtain and review monthly accounts & schedules;Review annual budgets; Monitor budget variances; Report variances to HOD's;Obtain feedback / justifications on negative variances;Approve deviations in specific cases;Approve vendor/supplier advances in order to facilitate smooth financial operations through effective management.Monitor key accounting parameters (profits per division & company, cash flow, overdue debtors, overdue insurance claims);Check and verify compliance of accounting standards;Liaise with external auditors;Facilitate smooth conduct of audit;Clarify auditor's concerns with respect to accounting entries; Modify accounts accordingly;Guide the team in preparing annual accounts in line with IFRS in order to put in place suitable accounting and auditing mechanisms.Chartered Accountant with 10 of ExperienceVehicle Lease / Rental Industry Experience is MUST