Financial Controller

Department: Finance 

Reports to: CFO 

• JOB PURPOSE 

To oversee the financial management and reporting activities of the company. Will be responsible for budget planning as well as supporting the executive management team in offering insights and financial advice that will allow them to make the best business decisions for the company. 

• MINIMUM QUALIFICATIONS/EDUCATION/EXPERIENCE/TRAINING/KNOWLEDGE 
  • Graduate & CA is a must. 
  • Minimum of 10 years of finance and accounting experience, accounting, audit, and analysis (including gathering, evaluating, presenting, and reporting financial information to management). 
  • Solid experience in coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivables, general ledger, payroll, and accounting for investments.
  • Proficiency with accounting software and excellent Excel skills. 

• COMMUNICATION AND WORKING RELATIONSHIPS 

Senior Management, CXOs, associate countries, and heads of other domains 

• KEY DIMENSIONS AND RELATED JOB RESULTS 
  • Design effective budget models. Consolidating the data for budget presentation and providing an overview of the financial status of all the operations. 
  • Rendering financial advice to the management officials of different operations, to undertake proper financial planning and decision-making. Analyzing actual results to budgets and forecasts. Forecast future budget needs and identify variances between actual and budgeted financial results. 
  • Provide useful financial insights to help make better decisions about formulating and executing strategy and provide guidance and analysis to executive and operational management to improve results. 
  • Maintain a system of accounts and keep books and records on all transactions and assets. 
  • Prepare and analyze accurate monthly financial and management reports, including income statement,  balance sheets, projections and forecasts, and cashflow. 
  • Maintain control of the following areas: general ledger, accounts payable, expense reports, billing, and payroll.
  • Assist in the management reports, compliance, and reconciliation. 
  • Prepare a variety of ad hoc financial scenarios as requested. 
  • Ensure that all financial transactions are processed accurately, in a timely manner, and in accordance with accepted accounting principles. 
  • Develop, implement, and maintain processes and controls that are current best practices related to transaction processing. 
  • Manage, oversee, process (as appropriate), and function as a backup for processing all of the following transactions: payroll, accounts payable, revenue and expense, fixed assets, cash, bank reconciliations, and allocations. 
  • Perform month-end closing procedures, including overhead allocations, account reconciliations, and updating schedules. 
  • Maintain an orderly accounting filing system. 
  • Assist in issuing timely, accurate, and complete financial statements for all levels, including the Board of Directors, executives, and management. 
  • Coordinate the preparation of financial information for the corporate annual report including transfer pricing.
  • Recommend and report upon benchmarks against which to measure organizational performance. 
  • Calculate and issue financial and operating metrics. 
  • Assist in the production of cash flow reports, annual budgets, and forecasts. 
  • Calculate variances from the budget and report significant issues to management. 
  • Provide a system of management cost reports. 
  • Provide financial analyses and models as needed, for capital investments, pricing decisions, and contract negotiations.
  • Assess all the ongoing costs and prepare an analysis on possible costs reduction/control areas 
  • Prepare and assist with developing audit schedules for the annual audit. 
  • Suggest improvements in processes to increase organizational effectiveness. 
  • Develop and document business processes and accounting policies to maintain and strengthen internal controls.
  • Manage and comply with local, state, and federal government reporting requirements and tax filings (including VAT and Corporate Taxation with disclosures as required).

• OPERATING ENVIRONMENT 

Travel will be required to associate with offices in other GCC countries. 

• KEY COMPETENCIES 
  • Proactive, hands-on manager who will own, in partnership with the CFO, responsibility for the Finance Department. 
  • Strategic thinker who possesses solid business acumen and is able to organize and manage multiple priorities. 
  • Exceptional verbal and written communication skills and the ability to interact effectively with others, both internally and externally. 
  • Excellent time management skills, with the ability to perform multiple tasks and meet critical deadlines while maintaining accuracy and quality. 
  • Proven ability to make complex and time-sensitive decisions in the best interests of the organization.