Financial Controller

Sika Arabia

Kuwait

Ref: KP800-45

Job description / Role

Employment: Full Time

Key Tasks:
• Overall control of the finance and accounting functions.
• Maintenance of accounting records and books in alignment with IFRS, Sika’s Controllers’ Handbook and other directives/policies issued by the Group from time to time and local legal requirements.
• Effectively handle all tax related issues (including transfer pricing study) and obtain such external consultancy and advice as may be needed to effectively discharge the company’s responsibilities under the local tax laws.
• Accurate and timely reporting as per Sika’s reporting standard and cycles, including three year plans and budgets.
• Ensuring adequate and correct funding structure, taking into account the business needs.
• Provide an effective MIS to the management team.
• Handling statutory and internal audits
• Total compliance with Sika’s ICS, installing such other internal control systems as per local needs.
• Active part in review and finalization of investment proposals.
• Management of working capital, with specific emphasis on accounts receivable, implementing an effective credit policy in line with Group standards.
• Accuracy in product costing systems and active involvement in pricing decisions.
• Implementations of effective inventory management systems, with specific emphasis on adequate accounting of consumption and periodic inventory verifications.
• Establishing an authority limit and monitor compliance.
• Establish and monitor a ‘quote to cash’ process.
• Efficient management of foreign currency exposure, within the options available to a local Sika Company.
• Establishing adequate insurance coverage of Company’s assets (operating within the global insurance policy of Sika)
• Effective implementation of IT Controls, including but not limited to access rights, data security and backup and disaster recovery systems.
• Active role in selection of hardware and software, within the group standards.
• Overall monitoring of compliance with Group IT policies.
• Ensure that ERP contains all features that are essential for generating accurate management information.
• Monthly payroll.

QA/QC

1. Ensure compliance with the company’s Quality Management and Environmental Health & Safety Management Systems.
2. To undertake any additional responsibilities or duties as assigned by immediate supervisor or manager commensurate within the position.

Requirements

Essential Skills and Qualifications:

College degree or equivalent

Knowledge of accounting principles and practices

Knowledge of finance principles

Knowledge of financial reporting


Preferable Skills and Qualifications:

Computer Skills in Accounting.

About the Company

Sika is a globally integrated company supplying specialty chemicals markets. It is a leader in processing materials used in sealing, bonding, damping, reinforcing and protecting load-bearing structures in Construction and Industry. Subsidiaries in more than 70 countries worldwide and 12 900 employees link customers directly to Sika and guarantee the success of all of its business relationships. With this structure, Sika generates annual sales of CHF 4.6 billion.

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System Engineer salaries in Saudi Arabia

Average monthly compensation
SAR 12,000

Breakdown available for industries, cities and years of experience