Senior Manager - Finance

The Red Sea Development Company

Financial Control & Reporting

• Lead the development, implementation, and maintenance of financial control processes to ensure accurate financial reporting and compliance with local and international accounting standards (IFRS).
• Oversee monthly, quarterly, and annual financial closings, ensuring timely and accurate reporting of financial statements to senior management.
• Review financial results, identify variances, and provide recommendations for corrective actions and process improvements
• Prepare and collate accurate reporting for senior management and external stakeholders relating to aspects of business performance.
• Dive deeply into financial data and become a subject matter expert to provide additional insights.
• Identify and research variances to forecast, budget, and prior-year expenses, proactively identifying opportunities for improvement.
• Identify and understand business challenges; propose and create solutions.
• Carry out additional tasks and responsibilities as directed from time to time.
• Maintain all records for easy audit purposes.
• Prepare accurate monthly financial reports and presentations that provide thoughtful analysis, identify action items, and effectively frame decisions that need to be made.
• Manage activities of accounts payable and accounts receivable to ensure accounts are administered in an accurate and timely manner

Policies, Systems, Processes, Procedures, Standards, Reports & Compliance

• Ensure adherence to internal financial policies, procedures, and controls to safeguard the organization s assets.
• Conduct periodic internal audits to assess the effectiveness of financial controls and ensure compliance with regulatory requirements.
• Liaise with external auditors during annual audits, ensuring a smooth audit process and the resolution of any identified issues.
• Support activities required to satisfy internal audit requirements

Continuous Improvement

• Contribute to the identification of opportunities for continuous improvement of the department s systems, processes and practices considering international best practice , improvement of business processes, cost reduction and productivity improvement.

Team Leadership & Development

• Lead, mentor, and develop a team of finance professionals, ensuring continuous improvement in skills and performance.
• Foster a culture of collaboration and efficiency within the finance department and across other business functions.

Stakeholder Engagement:

• Collaborate with other departments (e.g., procurement, HR and operations) to ensure financial alignment with organizational objectives.
• Communicate financial results and key performance indicators (KPIs) to stakeholders, both internally and externally, in a clear and concise manner