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 Accountabilities:
Accounting, Controlling & Compliances
- Leading & Managing and control all accounting activities with timely update/post all related transactions with documentations Approvals and ensure accuracy and compliance with internal procedures and related regulations (A/P, A/R, banks, GL, F. assets, tax. Etc). & Hard Closing, taxes, Treasury function.
- Approving all type of accounting Documents.
- Ensure the Contractual payment terms in the Contract from A/R Point of View,
- Lead the team to ensure contract compliance for Collections from customers, checking A/R reporting weekly, Advances, Sales Invoices on time (EPC till COD, operational sales invoices with NEOM after COD, refunding extra billing, collecting the minimum revenues .etc.
- Control all payments for interest to be paid on time in addition to Commitment fees, Global Fees, Security Fees, IRS Payment.
- Lead the cost and project controlling in accordance with the approved budgets and plans
External Professional Relationships
- Establish and maintain strong professional relationships with key accounting, tax, auditor, insurance, banks, investments, and other service providers, & collaborations with external organizations..
- Ensure reconciliations of assets and liabilities accounts required adjustments, and prepare Trial Balances for SPV’s which should be ready & updated on monthly basis.
Internal Financial Reporting, Financial Planning and Analysis & External Financial Reporting and Compliance
- Oversee the company’s financial activity, including budgeting, reporting, and auditing.
- Manage OPEX & CAPEX Budgeting and budget controlling for all kind of operational and investment activities.
- Identify and address any potential risks & mitigation, and Identifying opportunities for optimizations, rationalization & Cost saving for the company.
- Prepare monthly and periodical financial reporting for a predefined and improved reporting packages, as well as Project management requirements for example but not limited to:(Costing, LGs , Banks , Assets capitalization values , hedging , LGs, cashflow statements ,TB’s , P&L , BS).
- Prepare the annual and periodical financial statements (whenever required) in compliance with the professional related regulations and standards (IFRS).
- Prepare required reporting for Custom Duty Control & Local Content, banks and different regulatory bodies
Tax & Filling
- Manage all Tax’s return types I.e. (VAT, WHT, CIT, Zakat. Etc) and ensure all tax calculations comply with regulations in coordination with Central Tax department.
Job Details
| Posted Date: | 2024-12-19 |
| Job Location: | Saudi Arabia - Tabouk |
| Job Role: | Finance and Investment |
| Company Industry: | Construction & Building; Project & Construction Planning |
Preferred Candidate
| Career Level: | Mid Career |
| Nationality: | United Arab Emirates; Bahrain; Djibouti; Algeria; Egypt; Iraq; Jordan; Comoros; Kuwait; Lebanon; Libya; Morocco; Mauritania; Oman; Palestine; Qatar; Saudi Arabia; Sudan; Somalia; Syria; Tunisia; Yemen |
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