Financial Controller (Finance Manager)

A Leading Telecommunications Company In Saudi Arabia

Riyadh, Saudi Arabia

Posted
Ref: SP380-01

Job description / Role

Employment: Full Time

- Key role in the formulation of strategic plans for the Co. to ensure growth meets key targets
- Key role in driving cultural change throughout to execute agreed upon business strategy
- Focus on costing and pricing services as well as tracking effectiveness and efficiency / productivity
- Drive the Budgeting & Balance Scorecard processes (including development as required). Ensure that these processes are used as key tools and progress measuring barometers to support business performance
- Timely and meaningful weekly, monthly, quarterly, annual financial reporting & financial analysis in the level of detail required by each internal and external user group
- Effective cash flow management. Focus areas will include: capital efficiency management (working capital minimization and control; capex financial control management; capital employed barometers and strategies .
- As required, liaise with the internal and external stakeholders including government agencies, suppliers, insurance companies, consultants & advisors, internal auditors, external auditors, insources and outsources
- Presenting to the corporate and Board of Directors management reports on the company`s general performance

Identify financial and business risk areas. Lead actions to mitigate these risks. Focus areas will include but not be limited to:
- Developing internal control as required by the business and by other interested parties (management; government; internal & external auditors; in-sources and outsources; )
- Developing financial & accounting approaches, policies and procedures (including: Credit; Costing / Management Acct; CAPEX; Accounting; Risk Management; controls; budgeting & rolling forecasting) and ensuring their consistent effective and efficient functioning
- Ensuring appropriate depreciation and provision policies are in place and functioning effectively
- Ensuring adequate legal review policies of all contracts are in place and functioning.
- Ensure adequate insurance coverage Participating in negotiations and reviews of all key contracts before finalization
- Ensuring effective compliance with policies and procedures

Reports
1. Cash Flow projection report - Monthly
2. Balance Scorecard - Monthly
3. Management Accounts vs. Budget - Monthly
4. Executive analyses report - Monthly
5. Cost analyses report - Monthly
6. Annual Budget - Annually
7. Reforecast - Quarterly
8. Interim audited FS - Annually

Requirements

Educational Qualifications
- Professional qualification ( CPA,CMA ) with minimum 12 years’ experience with at least 5 years in similar position

Language Skills
- English & Arabic

About the Company

A leading Telecommunications Company in Saudi Arabia.

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