Financial Controller

IBM Middle East

Riyadh, Saudi Arabia

Posted
Ref: RP805-1168

Job description / Role

Employment: Full Time

Introduction
Known as the 'knowledge behind the numbers', Financial Analysts are considered to be trusted business advisors, working within IBM's business units and geographies, as well as in a myriad of specialized corporate functions. IBM's finance organization is instrumental in driving innovative improvements to global financial processes while providing measurable value to the business.

Your Role and Responsibilities
The Financial Controller manages and provides analyses of key financial indicators across country and all business units. Performs analyses to provide recommendation and advisory to business and CFO. Collaborates with IBM's regional teams and other internal functions across various IBM offices.

Key responsibilities may include (but are not limited to) the following:
- Reporting of financial results during monthly and quarterly closing periods, to regional and local executives together with thorough analysis on variances.
- Prepares financial results presentations and provide meaningful analysis to Country management and regional management.
- Actively participate and take end to end ownership of managing yearly and half-yearly country financial budget along with CFO and regional team.
- Builds professional relationships with internal Brands and actively partner to ensure accuracy of country financial records.
- Leads discussions and organize meetings with business, accounting and other departments on a regular basis. Creates a management system to monitors progress, measures financial results and ensure process efficiencies.
- Understands and anticipates the relationships between actual results, plan/budget, budget assumptions and other financial metrics.
- Use models, historical trends, and other factors to estimate income and expenses statements for tactical and strategic periods.
- Demonstrate business knowledge and experience when developing assessments and recommendations, i.e., gain awareness of clients/client units, competition/market, business unit strategies, trends etc.
- Participate in developing forecasts/business plans, revenue/cost estimates, variance analysis or other related financial reports and analysis for local senior management.
- Responsible for consolidating key business reports for the country.
- Identify problems and performance exposures, providing in-depth yet concise root cause analysis and alternative solution approaches.
- Interlock closely with brand controllers, BU teams, Consolidation teams, CFOs to build robust analysis and recommendations.
- Assumes additional responsibilities as assigned in support to local executives and CFOs
- Supervise country Treasury, AR and AP function and effectively liaise with Centers wherever necessary.
- Handle Inter-company billings and verification process.
- Liaise with external auditors for Statutory audit.
- Actively partner with Country CFO to drive country's control posture.
- Building view on results, analyzing actuals against initial financial views, building roadmaps, proposing corrective actions for improvements when necessary gross Profit analysis and its presentation monitoring and analysis of balance sheet, and work with local Finance team and business to ensure revenue and cost recognition policies are met.
- Other Adhoc task as assigned by CFO or country leadership .

Requirements

Required Technical and Professional Expertise
- Qualified Financial Accountant (CA, ACCA, CPA etc) with Articles / training completed from Big 4 firm. Audit and advisory experience is a plus.
- Minimum 10 years of professional experience in Industry / Practice.
- Experience in knowledge of financial process and accounting principles, including revenue recognition, accruals / deferrals and business controls.
- Strong logical and analytical skills together with excellent communication and interpersonal skills, with an ability to work across boundaries applying a problem solving approach
- Leadership capabilities
- Proficient user of Microsoft Office applications.

About the Company

For more than six decades, IBM Middle East & Pakistan has played a vital role in shaping the information technology landscape of the region. Today, IBM is part of the region's technological fabric, solving real-world business and societal challenges, through its offices in UAE, Saudi Arabia, Qatar, Kuwait and Pakistan, and also a diversity of centers across the region.

Within the region, IBM currently has groundbreaking initiatives in cloud computing, analytics, mobile, security, as well as nanotechnology, eGovernment, healthcare and many more, collaborating with leading educational institutes and governments. IBM supports hundreds of clients to drive transformation through technology, contributes to regional research & development programs and has an active Corporate Service Corps (CSC) program.

Reinvention is a keyword in the company's history and, today, IBM is much more than a "hardware, software, services" company. IBM is now emerging as a cognitive solutions and cloud platform company.

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