Senior Finance Manager

Company Overview

We are an international contracting and procurement firm involved in EPC (Engineering, Procurement, and Construction) projects along with global sourcing endeavors. Our operations encompass managing procurement and supply chain activities with suppliers and manufacturers worldwide, including countries such as China and the United States.

Role Overview

The position demands an experienced Finance Manager skilled in accounting, treasury operations, trade finance, and financial planning and analysis (FP&A). The selected individual will oversee daily financial functions, SAP-based accounting, banking and payment processes, trade finance instruments, cash flow management, and financial analyses. This role requires a professional capable of executing transactional duties and performing financial evaluations autonomously, managing internal stakeholders and banking relationships with efficiency.

Key Responsibilities

• Manage and supervise SAP day-to-day accounting processes to ensure precise and timely transaction postings.
• Review and validate accounting entries, reconciliations, accruals, and related documentation.
• Enforce accurate accounting treatment and correct assignment of transactions across various accounts, cost centers, and projects.
• Support monthly and year-end closing and prepare managerial financial reports.
• Reconcile bank statements, treasury operations, and associated general ledger balances.
• Coordinate with accounts payable, accounts receivable, and other finance departments to confirm completeness and accuracy of records.
• Oversee daily treasury functions, including preparing and monitoring payment transactions.
• Execute payments using corporate banking platforms such as QNB and CBQ, ensuring all approvals and documentation are in place prior to processing.
• Track payment statuses and liaise with banks and internal teams until settlement is confirmed.
• Maintain oversight on cash balances and upcoming payment obligations.
• Develop and update cash flow forecasts to support efficient working capital management.
• Administer trade finance instruments including Letters of Credit (LC) and Bank Guarantees, managing their issuance, amendments, extensions, cancellations, and releases.
• Keep a comprehensive register of all outstanding trade finance instruments and monitor their expiry and validity.
• Proactively handle renewals or releases to prevent expiration of financial instruments.
• Review LC terms and coordinate necessary modifications with banks, suppliers, customers, and internal parties.
• Ensure compliance with documentation and requirements related to LCs and Bank Guarantees.
• Maintain stringent control over the payment cycle, ensuring compliance with contractual terms, budgeting, and authorization protocols.
• Collaborate with Procurement, Commercial, Legal, and Operations teams when financial or contractual documentation is required.

Candidate Requirements

• Master's degree in Finance, Accounting, Economics, or a closely related field.
• Extensive practical experience in accounting, treasury, and FP&A functions.
• Proficiency in SAP accounting software with hands-on experience.
• Familiarity with corporate online banking platforms, particularly QNB and CBQ, is highly advantageous.
• Solid understanding of trade finance instruments like Letters of Credit and Bank Guarantees.
• Advanced skills in Microsoft Excel.
• Strong meticulousness with an ability to juggle multiple deadlines and financial obligations simultaneously.
• Capability to work independently with ownership over complete financial processes.