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Job Description

Yachting Ecosystem is dedicated to fostering a thriving yachting sector within the company. Company is launching two primary business lines: i) Bunkering (Yacht refueling) and ii) Yacht repair and maintenance. To effectively manage commercial and financial aspects of these operations and ensure compliance with internal and statutory requirements, Company seeks a skilled GM or Senior Manager.


 Years of Experience: 7-10 years


Professional Experience:


·         Extensive experience in financial management and control within commercial operations, demonstrating a successful track record in developing and executing financial strategies.


·         Proficiency in managing day to day financial and accounting needs of an ongoing business


·         Proficiency in creating and managing the budget and getting necessary approvals for the same


·         Proven ability to engage with stakeholders across various organizational levels, ensuring clear communication and alignment.


·         Familiarity with budgeting, forecasting, accruals, and procurement practices.


·         While prior experience in the yachting industry is advantageous, experience in shipping, particularly in managing bunkering operations, is also highly relevant.


Scope of Work:


·         Oversight of the day-to-day financial operations of Companies commercial activities, encompassing Bunkering and Yacht repair and maintenance.


·         Monitoring service levels and Key Performance Indicators (KPIs) outlined in operator contracts, providing actionable insights based on performance assessments, especially from a financial perspective


·         Create, follow-up and get approvals on budgets


·         Manage the accruals, accounts payables and receivables, flag any issues in advance and solve for them


·         Preparation of annual budgets, analysis of expenditure variances, and initiation of corrective actions.


·         Management of inventory data and analysis, especially accounting for the losses, develop rationale and support central accounting functions in their statutory requirements.


·         Contribution of financial insights and recommendations to strategic planning processes.


·         Ensure that the Yachting Ecosystem’s business lines are compliant with central finance and accounting policies


·         Ensure timely adherence to statutory financial requirements (monthly reporting)


·         Proactive problem identification and resolution within financial operations.


Engagement Mode:


·         On-site presence at company sites.


·         Rolling engagement with monthly remuneration.


·         This role presents a unique opportunity to lead the financial aspects of Companies emerging yachting ecosystem, contributing to its growth and success in the global maritime industry


Job Details

Job Location
Saudi Arabia
Company Industry
Other Business Support Services
Company Type
Unspecified
Employment Type
Unspecified
Monthly Salary Range
Unspecified
Number of Vacancies
Unspecified

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