Financial Executive Required in Saudi Arabia

Skills Provision is searching for a Financial Executive to work for a Real Estate company in the Middle East.

Location: Saudi Arabia

Duration: Permanent

Salary & Benefits

• $110k-$130k p/a tax-free
• Comprehensive benefits package available

The Role

• Ensure proper accounting of the asset management has been implemented and proper closing of each asset has been maintained.
• Manage the asset portfolio accounting function efficiently.
• Ensure proper accounts are maintained for owners’ associations for retail and commercial assets.
• Manage full-service charge cycle from preparation of service charge budgets and service charge audits.
• Manage treasury functions of the asset including asset owners account, service charge bank accounts and sinking fund accounts.
• Preparation, review and timely submission of monthly management accounts for asset under his supervision including review of payables, receivables, depreciation, KPI’s, variances with budgets, Income, Service charge accounting.
• Provide support to internal and external auditors.
• Handle special analyses such as financial analysis and cash flow forecasting.
• Assist the asset management team with financial and accounting reports as may be needed from time to time.
• Full Balance sheet and Profit & loss responsibility for each asset (bulk residential lease, commercial and retail)

Requirements

• Bachelors’ degree in accounting.
• Professional accounting qualifications.
• 5+ years of experience of financial accounting and management accounting experience.
• Experience of accounting within real estate or related industry is preferred.
• Knowledge of and ability to apply international accounting standards.
• Knowledge of and ability to adhere to internal controls.
• Good analytical skills.
• Vigilant and fine detail oriented.
• Strong communication skills.
• Strong time management capabilities.

Skills Provision is an ethical international recruitment agency, as such our adverts do not discriminate with regards to age, race, gender, colour, creed, religion, sexual orientation, disability and nationality.