Finance Manager
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Key skills for this role
About the Role
A leading beverage manufacturing company in Jeddah is seeking a Finance Manager to lead financial operations, manage cost control, and ensure regulatory compliance. The role requires expertise in manufacturing cost accounting, budgeting, and ZATCA tax filings.
Key Skills for This Role
Responsibilities
- Oversee all daily financial operations, accounting functions, and cash flow management
- Manage product costing structures, raw material variances, and factory overhead allocations to optimize profit margins
- Design, implement, and monitor the annual corporate budget, providing detailed variance analysis
- Oversee timely and accurate localized financial submissions, including ZATCA tax filings, VAT compliance, and audited financial statements
- Manage inventory valuation controls for raw and finished products alongside optimized account receivables/payables structures
- Prepare comprehensive monthly, quarterly, and annual financial statements alongside performance metrics for executive review
- Secure and maintain corporate banking facilities, trade finance solutions (LCs/LGs), and negotiate high value supply contract financing
Requirements
- 12 17 years of experience in finance, preferably in manufacturing
- Strong knowledge of manufacturing cost control and product costing
- Experience with ZATCA tax filings and VAT compliance in KSA
- Proven ability to manage budgeting, forecasting, and financial reporting
- Experience with banking relations and trade finance solutions (LCs/LGs)
Full Job Posting
Overview
- Our client is a leading Medium sized company in the field of Beverage manufacturing.
- They are currently seeking a highly skilled and strategic Finance Manager to lead their financial operations in Jeddah, drive cost efficiencies across manufacturing lines, and support the company's structural growth.
Main Tasks
- Financial Leadership & Strategy: Oversee all daily financial operations, accounting functions, and cash flow management, ensuring alignment with the goals set by the General Manager.
- Manufacturing Cost Control: Manage product costing structures, raw material variances, and factory overhead allocations to optimize profit margins in the beverage production processes.
- Budgeting & Forecasting: Design, implement, and monitor the annual corporate budget, providing detailed variance analysis to departmental heads.
- KSA Regulatory Compliance: Oversee timely and accurate localized financial submissions, explicitly handling ZATCA tax filings, VAT compliance, and audited financial statements.
- Working Capital Management: Manage inventory valuation controls for raw and finished products alongside optimized account receivables/payables structures.
- Financial Reporting: Prepare comprehensive monthly, quarterly, and annual financial statements alongside performance metrics for executive review.
- Banking & Vendor Relations: Secure and maintain corporate banking facilities, trade finance solutions (LCs/LGs), and negotiate high value supply contract financing.
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