Alfanar
alfanar is primarily engaged in manufacturing electrical construction products, EPC solutions for conventional and renewable power plants, allied engineering services and design engineering. We have built up an international presence throughout much of the Middle East, Asia, Africa, and EuropeJob Role:
Manage all Financial & Controlling Activities for NEOM Project in all EPC, Development & OM activities including : Reporting, Banking & Cash management, Project Costing & Controlling, budgeting, Statutory Reporting & Compliance, Taxation, digitization.
Key Accountability Areas
Ensure contractual payment terms from an Accounts Receivable (A/R) perspective.
Lead the team in ensuring contract compliance for collections, including monitoring A/R reporting, advances, and timely issuance of sales invoices.
Control all payments for interest, commitment fees, global fees, security fees, and IRS payments.
Lead cost and project controlling in line with approved budgets and plans.
Lead and manage all accounting activities, ensuring timely updates and accurate documentation for transactions in areas such as Accounts Payable (A/P), Accounts Receivable (A/R), banks, General Ledger (GL), Fixed Assets, and taxes.
Approve all types of accounting documents.
**External Professional Relationships: **
Collaborate with external organizations as needed.
Ensure accurate reconciliations of assets and liabilities accounts and prepare trial balances for SPV’s on a monthly basis.
Establish and maintain strong professional relationships with key external partners, including accounting firms, tax authorities, auditors, insurance providers, banks, and investment firms.
**Internal Financial Reporting, Financial Planning, and Analysis: **
Prepare monthly and periodic financial reports, including project-specific requirements like costing, bank reconciliations, assets capitalization values, hedging, cashflow statements, trial balances, profit and loss statements, and balance sheets.
Prepare annual and periodic financial statements in compliance with professional regulations and standards (IFRS).
Prepare required reports for customs duty control, local content, banks, and regulatory bodies.
Oversee the company’s financial activities, including budgeting, reporting, and auditing.
Manage OPEX and CAPEX budgeting and control for operational and investment activities.
Identify and address potential financial risks and opportunities for optimization and cost savings.
**Tax and Filing:**
Manage all types of tax returns, including VAT, WHT, CIT, and Zakat, ensuring compliance with regulations in coordination with the Central Tax department.
Role Accountability:
Proficiency in financial analysis, budgeting, and forecasting.
Ability to establish and maintain professional relationships with external partners.
Strong communication and problem-solving skills.
Proven experience in accounting and financial management, with a minimum of [X] years in a managerial role.
Strong understanding of accounting principles, tax regulations, and financial reporting standards.
Excellent leadership and team management skills.
If you are a results-oriented professional with a strong background in accounting and finance and are looking for an opportunity to lead and drive financial excellence within our organization, we encourage you to apply for this position. Join our team and help us achieve our financial goals while ensuring compliance with all relevant regulations and standards.
Academic Qualification
Technical / Functional Competencies
Analytical thinking
Communication
Creativity
Initiative
MS Office
Report writing
Teamwork
Time Management
Well Organized
Work under pressure
Bachelor Degree in Accounting and Finance
Work Experience
5 to 10 Years