General Manager

Job Description : GM FINANCE KSA To manage the Company's financial affairs, including management and statutory accounts together with longer term financial projections and to ensure that the most efficient and effective financial control systems and reporting mechanisms are in place. To prepare quarterly management accounts and projections and other relevant reports, in consultation with Director Finance and other functions, for presentation to the Board of Directors. To prepare the year-end financial accounts for audit and to liaise with the Auditors prior to sign-off. To oversee all VAT matters, looking at efficient ways of reducing VAT liability and keeping abreast of current VAT legislation. Maintain a documented system of accounting policies and procedures Forecast cash flow positions, related borrowing needs, and available funds for investment Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements Assist in determining the company's proper capital structure Manage the preparation of the company's budget Report to management on variances from the established budget, and the reasons for those variances Engage in ongoing cost reduction analyses in all areas of the company Interpret the company's financial results to management and recommend improvement activities Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis To deal with the company's bank in respect of payments and receipts, foreign currency rate and currency hedging negotiations. To ensure that all bank accounts and credit card statements are regularly reviewed and reconciled. To efficiently manage all external contracts and to ensure that all the Company's expenditure is correctly authorized and accounted for. To manage personnel procedures in relation to recruitment, training, and appraisals, ensuring these are properly documented, and advise on relevant policies. PERSON SPECIFICATION CA with 5 years of experience or MBA in Finance with 10+ years of retail finance experience Successful track record of managing financial and management accounting Commercial acumen and excellent risk management and cost control skills. Knowledge in Microsoft Navision ERP/Oracle/SAP

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