Posted
Ref: PP000-19854
Job description / Role
Full Time
Riyadh, Saudi Arabia
Any Nationality
Not Specified
Not Specified
Not Specified
Accounting & Audit
Banking - Corporate
About Northern Trust
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Role / Department
Responsible for the delivery of all finance services in the Middle East with entities in Saudi Arabia and Abu Dhabi. The Finance Country Head is a key business partner in the location and will work with line of business heads and functional leads to achieve Northern Trust's business goals in the region.
Reporting into a member of the EMEA Finance Leadership Team, the Finance Country Head will be responsible for supporting the delivery and oversight of all finance functions. The role is located in Riyadh, KSA. The successful candidate will have excellent people management skills and provide effective oversight for financial processes outsourced to group affiliates. Individuals with previous financial service industry experience are of particular interest for the role.
The key responsibilities of the role include
- Oversight of all business finance activities, serving the global finance function heads, regional management, regulators, tax authorities, and other local stakeholders.
- Provide leadership and guidance to the planning, organization, direction, and control of the finance function.
- Primary and direct responsibility for planning, overseeing, and directing the activities of the finance function towards achievement of the corporation's objectives.
- Timely briefing and reporting on finance matters to both management and appropriate governance bodies including boards and delegated committees.
- Reporting to The Northern Trust Company of Saudi Arabia Board, manage the preparation and completion of all applicable financial statements and financial reports including submissions to the regulators both in the KSA and Abu Dhabi.
- Responsibility for the production and integrity of the location's financial information and its regulatory reporting in respect of its regulated activities. This includes supporting local payroll and other local related administration activity.
- Management of the allocation and maintenance of capital, funding, and liquidity.
- Primary responsibility for understanding and managing the risk inherent to the finance function and for taking reasonable steps to ensure the adequacy of the control and governance arrangements within that function.
- Ensure the requirements of the finance function are properly supported by a robust infrastructure and that adequate resources, systems, and controls are in place to comply with all applicable accounting standards, regulatory requirements, corporate policies, and Northern Trust corporate governance standards.
- Manage key external relationships with the Capital Markets Authority, external auditors, and other key outside stakeholders and government bodies.
Skills / Qualifications
The successful candidate will benefit from having:
- Qualified accountant with expertise in financial control, reporting, and critical accounting related areas.
- Ability to provide direction and leadership to champion new initiatives across all lines of business.
- Excellent analytical and evaluation skills combined with considerable attention to detail.
- Excellent time management and organisational skills.
- Excellent verbal and written communication skills with the ability to adapt to various audiences.
- Flexible approach to process changes and variable workloads.
- Ability to make sound decisions and resolve problems before they escalate.
Working with Us
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today.
Reasonable Accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please let us know.
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people. Apply today and talk to us about your flexible working requirements and together we can achieve greater.
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