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Financial Controller

10.00 to 20.00 Years   Riyadh, Saudi Arabia   04 Mar, 2024
Job LocationRiyadh, Saudi Arabia
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryAccounting; Financial Auditing; Manufacturing
Functional AreaNot Mentioned

Job Description

  1. Provide excellent leadership and management of Corporate Accounting, measured by the effectiveness, engagement and business units in respect of the team.
  2. Build productive working relationships with stakeholders in order to understand their business operations, value addition cycle and the financial information needs of end users.
  3. Manage relationships with others across the Group to achieve alignment in key business strategies and decisions.
  4. Manage the Group?s cash flows within available facilities, providing appropriate reports to CFO.
  5. Manage the Group?s financial reporting obligations, with responsibility for preparation and lodgment of compliant full year and quarterly consolidated accounts.
  6. Work closely with Statutory Auditors to finalize the audit and issuing the financials as per the deadlines stipulated by the management.
  7. Manage the Group?s statutory taxation obligations (including Zakat, VAT, Withholding Tax, Customs duty draw back etc.), with responsibility for preparation and lodgment of returns as per the ZATCA stipulations.
  8. Collaborate, design, implement and review finance systems, policies and procedures to ensure continuous improvement and contemporary relevant practices.
  9. Oversee finance systems managing transaction flows from source through interfaces to general ledger.
  10. Ensure finance ledgers are maintained on a timely basis, are accurate and complete, and structured for the dual purpose of providing relevant information to internal users and meeting statutory obligations.
  11. Ensure reporting functions and responses to ad hoc requests for financial related information are appropriately delivered.
  12. Preparation of annual budgets and rolling forecast for the company entities.
  13. Competent to make financial projections for 3 to 5 years at time.
  14. Must be conversant in making the capital investment evaluations (IRR, NPV Payback period etc.)
  15. Perform the management of accounting function for company entities.
  16. Consolidation of Group accounts as per the IFRS guidelines.
  17. Able to identify, asses and report to the CFO, all risks associated with the group of companies.
  18. Undertake a range of other activities within the Corporate Finance function, in conjunction with other Finance staff, such as maintenance of consolidated key finance activities (e.g. asset financing); governance/internal control activities; business administration or insurance management.
  19. Address the queries raised by the internal auditors and assist in providing accurate information to them accordingly.
  20. Assist the CFO in the IPO readiness preparation process by working together with the different consultants in providing the required information on a timely manner.ÿ
  21. Additional duties as directed by CFO.

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