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Financial Project Controller (Saudi National)

Digby Morris

Riyadh, Saudi Arabia

Ref: KP107-52

Job description / Role

Financial Project Controller – Saudi National
SAR10k + benefits

The Company

Digby Morris’ client is a leading global energy company that develops its businesses – Power, Natural Gas, Energy Services – around a model based on responsible growth to take on the challenges of the transition to a low-carbon economy considering the following key factors: security of supply, the rational use of resources, access to sustainable energy and climate change. The Group provides governments, communities, cities and businesses with efficient and innovative solutions based on its expertise in four key sectors: independent power development, renewable energy, liquefied natural gas and energy efficiency services. The business employs 150,000 people worldwide and achieved revenues of €60+ billion in 2018.

Digby Morris’ client is part of a €60bn t/o energy company. As a leading subsidiary of this global enterprise, the business employs 4,500 people worldwide and has activities in engineering consultancy in Power & Gas, Infrastructure & Environment, Hydropower & Water, Nuclear, and Energy Transition

Roles and responsibilities

The Financial Project Controller is based in Riyadh, Kingdom of Saudi Arabia and reports to both the General Manager for KSA / Bahrain (Riyadh) and the regional Middle East CFO (Dubai).
The Project Controller will also have a matrix reporting role to the (various) Project Managers running projects related to Saudi Arabia / Bahrain, and will work closely with the relevant accounting team.

Overview Responsibilities

The key roles and responsibilities are:

- Support the management for the deployment and integration of the finance organization within KSA / Bahrain (incl. implementation of group standards and systems, sharing the best practices, providing training, etc)
- Responsible for the invoicing and cash collection process with the support of the project managers
- Support and challenge the projects managers on their projects’ performance
- Work with the entities to produce monthly and quarterly consolidated financial statements, KPIs, budgets
- Analyze SG&A, Working capital, Cash Flow From Operations, bonds, risk and opportunities, foreign exchange impacts
- Be accountable for and set up procedures related to timely and qualitative statutory reporting processes and for reconciliation process between financial statements for local purpose and those report for consolidation under business group
- Advise entities (and the regional team KSA / Bahrain) on accounting, IFRS, tax, and systems matters
- Contribute to the monitoring and assessment of new regulations, in particular with respect to finance, accounting and tax matters within Saudi Arabia and Bahrain
- Contribute to the compliance of all companies in KSA / Bahrain with finance & accounting policies of the business group
- Contribute when needed to the definition of procedures and methods for Business Development in all aspects related to project accounting representation and integration in KSA / Bahrain

Location and Reporting Line:

- Location/travel
- Based in Riyadh (KSA)
- Frequent traveling within the KSA & Bahrain and few travels across Dubai / India

Reporting Line and Key Relationships:

- General Manager KSA & Bahrain
- Projects Managers
- CFO and Finance community (accounting team, Corporate team for tax, insurance etc)

Management:

- No staff management but strong interaction with Projects Managers and Accounting team

Time Requirements:

- 100%

Requirements

Requirements:

Education

- University degree or equivalent in accounting or finance.
- Any additional training or degree is an asset (CPA, CFA, ACCA, MBA)

Language

- Strong and excellent communication skills in English. One of the following languages (Arabic/Hindi) is a plus

Experience and Skills

- Min. 4 years’ experience in Finance (Business Control/Accounting/Consolidation/Internal Audit)
- Additional experience outside finance is optional but could be useful
- Familiar with complex organizations (multicultural, wide geographical scope)
- Strong analytical reasoning
- Strong team player
- Strong soft skills (communication, negotiation, etc)
- Experienced user of Excel, Word and PowerPoint required, SAP is definitely a plus
- Knowledge and experience on QuickBooks and/or similar financial packages a plus
- Able to manage numerous and shifting priorities and to operate in an ambiguous, stressful environment with tight deadlines and high standards

Technology

- Able to work with modern communication and collaboration tools (Team, Sharepoint)

Business Understanding

- Knowledge of Engineering consultancy activities (e.g. Power Generation, T&D, Energy Transition, Urban etc)

Employment Conditions

- Local employment contract based on Saudi Arabia Labour Law

About the Company

Digby Morris one of the first choice recruitment consultancies operating within the property and construction industry. Offering expertise in executive search & selection, contingency recruitment, interim management and contract placements as well as a comprehensive range of specialist consulting services, we understand that every clients requirement is different and tailor each project to our clients\\' needs.

We specialise solely in the placement of property and construction professionals from graduates to senior managers, partners and main board directors. To date our clients have included:

  • Private Practices
  • Retailers
  • Developers
  • Charities
  • Leisure Operators
  • Financial Institutions
  • Contractors
  • House Builders
  • Consultancies

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