This job ad has been posted over 40 days ago...


Head of Finance & Accounting

at Saudi Home Loans in Saudi Arabia - Riyadh

Saudi Home Loans


Saudi Home Loans was established in January 2008 as a specialized Islamic home finance company ýwithin the Kingdom of Saudi Arabia. As a pioneer in the home finance industry, Saudi Home Loans ýprovides professional guidance and advice on solutions for making the dream of home ýownership a reality. Saudi Home Loans products and services are fully Shari'ah compliant. The Saudi Home Loans Shari'ah ýSupervisory Board ensures that all of our products, services and activities are in ýconformity with Islamic principles. Saudi Home Loans corporate governance and risk management standards are consistent with the ýbest global home finance practices. Saudi Home Loans top senior management consists of a ýdiverse group of individuals with global expertise in home finance. Further, Saudi Home Loans is ýequipped with state of the art information technology systems in order to ensure that ýyour satisfaction is our top priority.


Job Description


- Oversees work of Controller's group (GL, AR, AP, etc.) in maintaining accurate accounts and maintaining appropriate controls over financial transactions.


- Manages the Fixed Asset Inventory process.


- Maintains SHL's compliance with SOCPA/IFRS and IAS accounting standards. Ensures that accurate and up to date policies and procedures are maintained and followed.


- Prepares monthly and periodic financial reports for SHL Management, Executive Committee, Board of Directors and General Assembly. Supplies financial reports to outside regulators, business partners and investors (as required).


- Coordinates the preparation of annual and periodic financial budget. Works with Department Heads to generate sales forecasts and operating plans that drive a cost-center-level budgeting process.


- Coordinates quarterly budget reforecast.


- Analyzes Credit Risk and develops Risk Based Pricing and RAROC analyses to support Senior Management with product pricing, funding and asset allocation. Coordinates the Risk Committee meetings and activities and maintains the Risk Management Policy.


- Works with outside vendors, including banks, external auditors and regulators. Coordinates company requirements related to banking relationships.


- Manages the activities of external auditors and coordinates responses to audit findings. Manages the requirements of regulatory authorities and supplies all financial reports as required.


- Works with Internal Auditor and SHL Audit Committee to represent Senior Management in coordinating internal audits and responding to audit results. Attends the SHL Audit Committee meetings as required.


- Maintains the accounting systems supporting the accounting and financial reporting needs of the company. Acts as Business Owner for Data Warehouse projects. Works with IT and system vendors to supply technical needs of the Finance & Accounting Department.


Education


Basic - Bachelor of Business Administration ( Management ) , Bachelor of Commerce ( Commerce ) , PG - Chartered Financial Analyst ( Finance ) , MBA/PG Diploma in Business Mgmt ( Finance )


 



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