Financial Controller

Job description / Role

Financial Controller - Riyadh, KSA

Our client is an international insurance business with a presence across the Middle East, they are currently looking for an experienced Controller to manage a team in their finance function.

As an Financial Controller you will be responsible for:

- Preparing the accounts of the company on a monthly and quarterly basis
- Ensuring timely submission of reports and other financial information requested to by the Group according to the established deadlines
- Previews and analyses management accounts data, preparation of Business Review meetings presentation in coordination with the line Managers
- Preparing annual statutory requirements / audits, liaise with internal and external auditors and assist in preparation of reports
- Ensuring the business is fully compliance with :IAS & IFRS (and updates), KSA accounting standards and group policies, KSA Taxation
- Ensuring that all contracts and business dealings are in accordance with established Company practices and conform to local laws
- Supervising and managing of the Accounts staff, Evaluates performance of Accounts staff and provides coaching and development opportunities as required
- Financial Management of cash flow - including review and preparation of weekly/monthly statements and monitoring excesses / shortages
- Controlling of Accounts Receivable and ensures Senior Management is advised in a timely manner of any issues and required actions to be taken
- Implementing systems and procedures to ensure correctness of accounting information, including procedures to detect and eliminate fraud.
- Ensuring timely Annual Budgeting, Quarterly forecasting, Long Term Planning & preparation of presentation pack for the board in consultation with all stakeholders
- Administration expenses in conjunction with Managers
- Controlling procurement by implementing and ensuring adherence to the Schedule of Authority for expenditure
- Reviewing of Trial Balance, Accounting schedule, bank & vendor reconciliations and checking all control accounts
- Reviewing of contract profitability, productivity

Requirements

- MUST be a native Arabic speaker
- MUST be currently based in the GCC
- MUST have experience working in KSA within the insurance sector
- 8-10 years experience in the financial services sector
- Understanding of KSA regulatory rules
- Strong management skills through experience of managing and training more junior finance staff

About the Company

Mackenzie Jones Middle East has decades of recruitment expertise in various industry sectors. Along with a deep understanding of key market sectors and regions, we never forget to treat clients, companies and candidates as individuals who have unique needs.

So we always listen, constantly learn, occasionally challenge and frequently advise. Its all part of a service renowned for its courtesy, consideration and dedication. Based in Dubai since 2006, our office covers the GCC and Levant countries and with the right regional expertise, we are the leading specialists.

Were growing rapidly because people appreciate our honesty, commitment and results.