Accounts GM

Strategy Development and Implementation

• Develop and direct the implementation of the functional strategy ensuring alignment to organizational strategy and corporate objectives.
• Ensure that functional strategy and related strategic plans are developed and implemented, which are aligned with the vision and mission of the organization.
• Ensure the provision of subject matter expertise for the assigned domain and provide counsel to Saudi Post leadership on all related areas to facilitate the achievement of Saudi Post’s strategy and functional strategies.
• Lead and direct the continuous achievement of quality and customer experience standards in line with the overall business strategy.

Leadership

• Lead and direct the effective achievement of functional objectives through effective leadership and by setting of individual objectives, managing performance, developing, and motivating team to maximise performance.
• Lead the talent development initiatives for the assigned function, collaborating with discipline experts and thereby ensure the availability of talent to fit business requirements.
• Act as a role model and drive adherence to organizational values and ethics by employees of the assigned function to ensure the establishment of a value driven culture within the organization.

Budgeting and Financial Performance

• Oversee the consolidation and recommend the functional budget and monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues, areas of unsatisfactory performance are identified and potential areas of cost reduction or performance improvement opportunities are capitalised upon.

Policies, Systems, Processes & Procedures

• Manage the development and the implementation of the accounting department’s functional policies, systems, processes, procedures, and controls covering all areas of assigned functional so that all relevant procedural/regulatory requirements are fulfilled while delivering a quality, cost-effective service in a consistent manner.

Change Management

• Lead the management of change through continuous improvement of functional systems, processes and practices taking into account global standards and changes in the business environment which demand proactive action plans.

Customer Service Excellence

• Plan and direct the conceptualization and development of customer experience management policies and processes enabling the establishment of a customer centric culture which enhances the customer journey with Saudi Post.
• Direct the review and continuous improvement of customer experience policies and initiatives and assure compliance to defined quality standards to achieve customer service excellence.

Stakeholder Management

• Lead the development and nurturing of strong key business relationships with all relevant external/internal stakeholders with the highest standards of business ethics that maximize opportunities for Saudi Post whilst ensuring alignment with Saudi Post’s strategic direction and business requirement.

Reporting

• Ensure that all functional reports are prepared timely and accurately and meet Saudi Post requirements, policies, and quality standards.

Financial Accounting

• Manage the development of corporate-wide accounting policies and procedures and drive compliance across functions; ensure accounts consolidation through quarterly compilation, semi-annual external review and full external annual audit and applicable accounting for subsidiaries, as per the defined local and international guidelines and regulations.
• Verify and review the transaction flows and set-up for posting transactions to Saudi Post’s general ledger and ensure that financial accounting transactions are accurately reflected in accordance with policies, regulatory requirements, and accounting standards.
• Lead and guide the effective management and maintenance of the fixed asset ledger and depreciation and ensure compliance with local and international accounting standards and processes.
• Monitor and ensure the communication of the schedule for the month and year-end closing activities to all stakeholders in order to ensure complete, timely and accurate execution of closing activities and reconciliation of general ledger accounts as per the defined schedule.
• Lead and direct the various disbursement related activities ensuring timely processing of payments to vendors and employees, reviewing the issuance of letters of credit and bank guarantees; reviewing the preparation of advance cash and check payments to ensure sufficient funds are available for payments due and transactions are done according to the defined policies and quality standards.
• Manage and review account payables/receivables related transactions, and review aging of payables/receivables in order to effectively follow-up and liaise with internal/external stakeholders on insufficient or incorrect accounting information to maintain effective control over payments made and received within Saudi Post.

Financial Report

• Oversee the preparation and presentation of the financial reports as required by management and provide explanations on related matters when raised.
• Work closely with the financial controlling department and ensure the timely provision of the general ledger and all other financial information needed to develop Saudi Post’s financial statements

Audit Activities

• Ensure the effective liaison and coordination with financial controlling team and deliver all the necessary information, documentation and data required for the completion of audit assignments and resolve any outstanding audit queries.

Inventory Control

• Direct the development of an inventory plan and oversee the process of managing the inventory stock value and replenishment through forecasting, reviewing of materials required in order to ensure the provision of the required supplies in a timely and efficient manner thus minimizing lead time and optimizing inventory turnover.

Tax Regulation and Payment

• Continuously monitor changes and updates on tax regulations and provide consultations regarding Zakat and tax calculation and payment to ensure that Saudi Post is implementing the latest regulations.
• Oversee the preparation and submission of periodic tax reports to management to ensure compliance with legislative regulations.
• Provide consulting services and expert advice to various departments within Saudi Post on matters pertaining to Zakat and tax payment and structuring to ensure that all relevant parties are kept informed regarding taxation practices.

Minimum Qualifications:

• Bachelor’s Degree in Finance, Accounting or a relevant field.
• Master’s Degree in Business Administration, Accounting or Finance is highly desirable.
• Professional certification such as CFA, ACCA, CPA, SOCPA is highly preferable.

Minimum Experience:

10 years of experience in positions of progressively increasing managerial responsibilities in accounting management.

Internal:

• Senior management
• Functional heads of all departments
• Internal auditors
• Finance team members
• Direct reports

External:

• External auditors
• Bank representatives
• Ministry of Finance
• Vendors and suppliers
• Customers