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  • Job reference: RMS0130293

Financial Assistant

  • Sector: Engineering
  • Location: Saudi Arabia
  • Job type: Contract
  • Date posted: 05/09/2013
  • Time left:
    d h m s
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:
Support the Finance in various financial activities; assist in the preparation and validation of financial documents, process receipts/payments documents and analyze data for the development of financial policies and solutions.
1. Complete all cash management set-up documentation for new and existing department processes.
2. Participate in the preparation of the client'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. Provide timely and accurate financial analysis to ensure that sufficient funds are available to meet on going operational and capital investment requirements.
8. Analyse and forecast cash flow positions, related borrowing needs, and available funds for investment.
9. Assist in the development of financial forecasts in order to accurately simulate the impact of proposed actions/plans.
10. Assist in monitoring liquidity by forecasting and monitoring cash flows (weekly, monthly, quarterly etc.) to ensure adequate cash liquidity for financial operations.
11. Assist the General Accountant and Controller in the review of the company’s annual business/operating plans and capital expenditure budgets.
12. Administer and process petty cash funds to ensure daily petty cash funds are operated and accounted accurately.
13. Perform any job-related activities as requested by the immediate supervisor/manager.

Essential Skills / Qualifications:
• Diploma in Finance, Accounting, Business Administration or any related field.
• Extensive knowledge of finance, accounting, budgeting, and cost control principles.

Desirable Skills / Qualifications:
• Quality of work
• Timeliness
• Analytical thinking
• Process compliance
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