Financial Controller

Overview

About the Role

Responsibilities

• Preparation of the monthly closing process to reach trustworthy closing reporting.
• Production of monthly financial statements: Balance Sheet, P&L and cash plan.
• Production of all required reporting from regional and local management.
• Analysis, recommendation and follow up of action plan of all key expenses to challenge stakeholders and investment decisions using relevant reports, insights, and analysis.
• Perform any required ad-hoc studies upon specific needs of management.
• Drive the budget and revision processes, by delegating responsibilities to budget controllers and coordinating with other departments on required information.
• Refine the management reporting to incorporate and evaluate all key performance indicators that management requires to be able to follow business profitability and its drivers.
• Coordinate and direct the preparation of monthly, quarterly and annual budgets, financial forecasts, core financial planning and analysis, proposal rates, profit plans and schedules instituting & maintaining other planning and control procedures, and analyzing and reporting of variances to local management.
• Provide detailed monthly operating results and analysis of cost per cost center and cost type, analyzing main variances with latest revision, budget and previous year.
• Anticipate financial problems and recommend action plans for budget control.
• Ensure that expenses are on target with projections and that the company operates within budget parameters.
• Establish major economic objectives and policies for the company and prepare reports that outline the company’s financial position in the areas of income, expenses, and earnings based on past, present, and future operations.
• Oversee, compile, and analyze daily operations and financial information of the finance department.
• Direct the monthly, quarterly, and year-end close activities to ensure timely and accurate compliance with corporate timelines.
• Ensure all finance records are kept accurately and securely and in line with legislative requirements.

Qualifications

• 5-7 years of experience in Financial Controlling
• Advanced university degree in accounting, audit or finance is mandatory.

Required Skills

• High stakeholder management skills.
• Strong knowledge of local (Saudi) accounting standards, tax laws, and regulations.
• Meticulous and well organized with ability to work within time constraints and schedules.
• Ability to manage multiple priorities and meet tight deadlines in a fast-paced environment
• English language required, French highly advantageous.