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Financial Controller

1.00 to 10.00 Years   Riyadh, Saudi Arabia   17 Sep, 2021
Job LocationRiyadh, Saudi Arabia
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryRecruitment & Employee Placement Agency
Functional AreaNot Mentioned

Job Description

BWP is representing a diversified infrastructure investment and development company.?The business is developing assets across multiple classes inside the Kingdom and internationally including renewable energy, social infrastructure and digital infrastructure.As part of continued expansion and success the business is looking to hire a Financial Controller based in Riyadh. The Financial Controller will be responsible for the provision of financial support, accounting services and financial reporting across the group to ensure compliance, efficient financial management and consolidation of assets in the operating portfolio.Responsibilities:

  • ??To present and report to the board on the financial performance of the group companies (SPVs, IPPs, PPPs, subsidiaries, etc.)
  • Manage the yearly financial audit and submission of statutory accounts process (IFRS-based accounting, Oracle/ERP)
  • Develop control and risk frameworks addressing process and protocol
  • Taxation and review of corporation tax computations across the group (tax planning and optimization, monthly/annual tax filings and payments, zakat, WHT etc.).
  • ?Preparation of monthly consolidated management accounts
  • Preparation, coordination and submission of monthly financial report
  • Assist on managing the group cash flow forecasts and other more commercially focussed duties (Capex and Opex budgets, forecast, business analysis, cost control)
End-to-end responsibility in origination of new loans/credit lines including but not limited to:
  • ?Identifying list of suitable banks
  • Obtaining term sheets and negotiation of financing documents,
  • Liaise with legal teams, consultants towards finalization of the documents including shareholder losans, shareholder agreements obligations
  • Undertake KYC, and other onboarding activities
  • Create capital allocation strategy, business plan, financial projections
  • Support the senior management in capital raising activities both internally within the group and externally
  • Foster new relationships with regional and international banks

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