Financial Controller - Saudi Arabia

Financial Controller - Saudi Arabia

Saudi Networkers Services
Not Specified
Not Specified

Job Description


Job Description :
  • Meeting the requirements of joint venture and ensure internal management reporting needs are met through periodical reporting process.
  • Ensure that all business risks are being properly identified, addressed and reported to protect company's assets.
  • Ensuring that adequate systems of internal control and suitable monitoring procedures are in place to underpin the integrity of the reported financials. This should be compliant with local as well as US GAAP, SOX, Tax and Corporate accounting policy guidelines. Develop controls to mitigate gaps (eg obsolescence reports, asset impairment review processes, work instruction development etc).
  • Maintaining a thorough understanding of the financial reporting and general ledger structure across SAP. Ensure all controls are appropriate and all processes are documented.
  • Local statutory reporting, local reporting into Corporate through HFM and co-ordination with external auditors and other parties to maintain compliant and timely reporting ensuring all deadlines are met.
  • Delivering a timely and accurate monthly close, in accordance with US and local statutory GAAP through both SAP locally and bridging across to HFM.
  • Providing financial support and leadership to all cross-functional teams in Saudi Arabia to establish goals, plans and policies.
  • Providing business knowledge support, technical, financial advice and knowledge to others within the Saudi Arabia operations.
  • Co-ordinating with the local team, emphasising a professional and disciplined approach to process and providing training as required to the cross-functional peer group. Establish pro-active business process controls.
  • Analysing and working to develop more efficient processes, maintaining a high level of accuracy.
  • Liaising effectively with Group Head Office in the USA for HFM reporting matters for Saudi Arabia and liaise effectively with other Controllers.
  • Providing and pro-actively using, for performance management, a set of periodic Management accounts and KPI's that meet the requirements of the Saudi Arabia operations and allows both the Commercial and the European Management Teams to monitor cost control, business performance against business plans and any further forecasting.
  • Supporting the overall budgeting process within the Saudi Arabia operations and leading the business planning process to ensure accurate and timely information that is properly analysed and properly owned by each responsible P&L/cost centre Manager locally. Support the creation of an accurate operations sales budget by market, technology and period for those appropriate legal entities, accurate cost of sales planning, expense budgets, capital investment, SG&A planning and highlight saving opportunities.
  • Take ownership of the HFM submission process.
  • Interpreting financial operating results and lead the local organisation to drive action to ensure cost containment and drive profit. Minimise reporting surprises.
  • Operate as an advisor, from a financial and contractual perspective, on any contracts into which the cross-functional team may enter across the organisation.
  • Ensuring appropriate funding for the business and cash flow forecasting.
  • Performing other duties or participating on special projects as assigned by management or other business partners.

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