Senior Manager - Accounting

The Red Sea Development Company

Job Responsibilities:

Accounting & Financial Control

• Manage the preparation, accuracy, and integrity of financial statements (income statement, balance sheet, cash flow) in line with accounting standards and regulatory requirements.
• Monitor and control variances between budgeted and actual results, providing insights to support sound financial decision-making.
• Develop, maintain, and safeguard supporting documentation for all financial reports, ensuring transparency and audit readiness.
• Oversee internal controls across accounting and billing operations, guaranteeing compliance, reducing errors, and mitigating financial risks.
• Drive efficiency in accounting processes by optimizing billing, invoicing, and reporting procedures to align with business objectives.
• Discuss and resolve audit requirements with internal and external auditors, ensuring smooth reviews and timely closure of findings.
• Ascertain and monitor cost structures, financial commitments, and obligations to ensure effective financial control and sustainability.

Policies, Compliance & Risk Management

• Establish and review accounting and financial control policies, ensuring adherence to regulatory frameworks, tax laws, and corporate standards.
• Guarantee compliance with international and local accounting standards (e.g., IFRS), safeguarding TRSUC s financial integrity.
• Oversee the preparation of MIS and functional reports, ensuring accuracy and timeliness in line with management requirements.

Continuous Improvement

• Strategize enhancements to financial reporting and control systems, leveraging automation to reduce inefficiencies and strengthen accuracy.
• Plan and drive initiatives for cost optimization, process improvement, and productivity enhancement in line with best practices.
• Monitor risks in accounting and financial control processes, and implement measures to mitigate exposure while ensuring operational resilience.