Ref: LP127-2390

Job description / Role

Employment: Full Time

Our client is one of the top engineering consultancy companies in the world, and they are currently looking for a Financial Controller to be based in Riyadh, Saudi Arabia.

Duties & Responsibilities:
• Mentoring, training, and motivating direct reports and should aim to have a strong and reliable team members who are able to function with minimum or less supervisions
• Managing the company cashflow, timely monitoring of bank accounts, compliance of financing/credit facility covenants, making sure financial obligations or commitment of resources are met or religiously followed, debt/AP management.
• Manage/supervise preparation of required financial reports, analysis, generation of historical data as required by company management and stockholders for decision making purposes
• Manage/supervise timely completion of annual external/internal audits. Directly liaise/coordinate with internal and external auditors to achieve audit objectives.
• Design, develop and recommend processes to improve efficiencies, reducing costs/wastages across the business
• Manage/supervise the timely preparation and submission of the annual tax returns and secure Zakat Certificate, including submitting requirements with the Tax Authorities during tax investigations/assessments.
• Manage/supervise the strict compliance with statutory and financial regulations such as monthly VAT, WHT, Transfer pricing, Local Content, e-invoicing, etc.
• Manage/supervise the monthly balance sheet accounts reconciliations, financial reviews, and providing advice/feedback to the CFO in clearing balance sheet risk items that needs to be adjusted during month, quarter or year ending closing of the books.
• Manage and approves the processing and releasing of monthly payroll
• Working closely with project managers, business line leaders or the executive teams and sharing reports, analysis, findings, or observations that are critical or relevant in the stewardship of the business
• Manage, monitor Intercompany transactions, reporting and settlements
• Deals, liaise, coordinate and act as the company’s authorized representative, signatory with bankers, creditors
• Approves vouchers, journals, payments, adjustments and other transactions that is under the authority of the financial controller.
• Other task, functions, and responsibilities as the CFO may assign from time to time.


Qualification & Requirements:
• A minimum 15 years of extensive experience gained from multinational, with initially big four experience within engineering, consulting or construction company.
• Bachelor’s degree in Accounting, preferably with Masters or Post Graduate Degree qualifications.
• Charted (CA) or Certified Public Accountant (CPA), CIMA, CMA or equivalent qualifications
• Exposure to related fields of Finance, Economics, Business Administration, Taxation, and Business Law.
• Strong working knowledge and technical skills in ERP systems like Oracle/SAP or other computerized accounting software used by big organizations to manage General Ledgers, especially during month/quarter/yearend close.
• Strong knowledge of IFRS as endorsed in Saudi Arabia, which are essential in generating financial statements
• Advance skills in MS office (Excel, Word, Exchange)
• Ability to prepare, develop financial and different reporting models
• Should have good business acumen and strong leadership abilities to lead a team (5 or more), and is able decide, elevate critical accounting problems/issues.
• Strong interpersonal skills and who can effectively interact or communicate directly with senior management or different stakeholders.

About the Company

Propel Consult delivers a service in step with the needs of both our client companies and candidates. Our ability to add value to all levels of recruitment stems from our wholehearted belief in providing a professional service to both parties. We have built relationships with many leading indigenous and mulitnational organisations throughout the Middle East and internationally in countries such as UAE, Qatar, Saudi Arabia, Oman, Bahrain, Kuwait, Egypt and many more. Concentrating our resources has created 5 distinct specialist divisions:

  • Banking & Finance
  • Human Resources
  • Oil & Gas
  • Construction
  • Architecture & Engineering

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Financial Controller salaries in Saudi Arabia

Average monthly compensation
SAR 22,500

Breakdown available for industries, cities and years of experience