Finance Executive – Trading Division | Dammam, Saudi Arabia

We have opportunity for our Esteemed client as “Finance Executive” in Dammam, Saudi Arabia.

• →

  Manage daily financial operations for the Retail Division, including accounts payable/receivable, and general ledger entries, with a focus on retail transactions.

• →

  Prepare accurate and timely financial reports, including balance sheets, income statements, and cash flow statements, with retail-specific KPIs.

• →

  Develop and maintain budgets and financial forecasts for the Trading Division, considering seasonal trends and market fluctuations.

• →

  Analyze financial data to identify trends, variances, and opportunities for improvement in retail operations, including sales performance, margin analysis, and expense control.

• →

  Ensure compliance with all relevant financial regulations, standards, and tax laws, including those related to retail operations (e.g., sales tax, inventory valuation).

• →

  Assist in the preparation for audits and liaise with external auditors, with a focus on retail-specific audits (e.g., inventory audits, point-of-sale system audits).

• →

  Monitor and manage the Retail Division's cash flow, including point-of-sale transactions and cash reconciliation.

• →

  Provide financial insights and recommendations to Retail Division management to support decision-making, including pricing strategies, promotional activities, and inventory management.

• →

  Evaluate and improve internal controls, policies, and procedures specific to retail operations, such as cash handling, inventory management, and loss prevention.

• →

  Collaborate with other departments within the Trading Division, such as sales, operations, and merchandising, to ensure financial alignment with business goals.

• →

  Strong hands-on experience in Oracle ERP (Financial Modules) including GL, AP, AR, FA, and CM

• →

  Advanced expertise in Power BI, Power Query, and data modeling

• →

  Excellent command over Advanced Excel (pivot tables, Power Pivot, complex formulas, dashboards)

• →

  Proven experience in MIS preparation, financial reporting, and management dashboards

• →

  Sound working knowledge of Reporting IT Tools and automation of finance reports

• →

  Ability to analyze large datasets and provide actionable financial insights

• →

  Strong understanding of month-end closing, budgeting, forecasting, and variance analysis

• →

  Experience in internal controls, compliance, and audit coordination

• →

  Candidates must have relevant finance/accounting qualifications and industry experience