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  • Job reference: RMS0130737

Financial Analyst-Treasurer

  • Sector: Engineering
  • Location: Saudi Arabia
  • Job type: Contract
  • Date posted: 29/08/2013
  • Time left:
    d h m s
    (05/09/13)
This vacancy has now expired.
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The Company:
Our client is a Multinational Chemical company which will construct, own and operate a world-scale integrated chemicals complex in Saudi Arabia. Once completed, the complex will represent the largest petrochemical facility ever built in a single phase. Our client will establish a world-scale manufacturing footprint that delivers a full range of value-added, performance products destined for the emerging markets of Asia Pacific, the Middle East, Eastern Europe and Africa.

The Role:
Assist with treasury activities including cash management, risk management and financial planning to regulate the liquidity and financial stability of Sadara.
1. Complete all cash management set-up documentation for new and existing department processes.
2. Participate in the preparation of Sadara’s financial statements including income statement, balance sheet and cash flow statement.
3. Carry out all financial operations in compliance with Generally Accepted Accounting Principles (GAAP) and International Accounting Standards Board (IASB) as incorporated in the established internal policies and procedures.
4. Ensure all financial transactions and documentation are in compliance with all Saudi Arabian legal procedures and other associated regulatory requirements.
5. Support all cash management operations including daily cash administration, management of current accounts and bank relations.
6. Process incoming and outgoing wire transfers in an accurate and timely manner.
7. Assist in the development of financial forecasts in order to accurately simulate the impact of proposed actions/plans.
8. Assist in monitoring liquidity by forecasting and monitoring cash flows (weekly, monthly, quarterly etc.) to ensure adequate cash liquidity for financial operations.
9. Assist the Treasurer in the review of the company’s annual business/operating plans and capital expenditure budgets.
10. Administer and process petty cash funds to ensure daily petty cash funds are operated and accounted accurately.
11. Perform any other finance job-related activities as requested by the immediate supervisor/manager.

Essential Skills / Qualifications:
• Bachelor degree, in Finance, Accounting or ant relevant field.

Desirable Skills / Qualifications:
• Extensive knowledge of finance, accounting, budgeting, and cost control principles.
• Communication
• Analytical thinking
• Quality of work
• Timeliness
• Process compliance
• Negotiations skills
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