Description

Your new company

Hays are supporting a growing Industrial Manufacturing company in Riyadh, who are looking to recruit a Financial Controller to join their team.

Your new role

The Financial Controller will lead the full finance function across a team of 8 individuals, for a newly acquired subsidiary in Riyadh. The role will include:

• Lead the financial integration of the subsidiary into the MNC's global finance framework, including opening balance adjustments and alignment with Group Accounting Policies.
• Establish and implement a robust month-end closing process (transitioning from annual to monthly closing).
• Ensure timely and accurate financial reporting in accordance with US GAAP and the MNC's global reporting requirements.
• Develop and implement internal controls to ensure SOX compliance.
• Collaborate with the MNC's global finance team to align local processes with corporate standards.
• Oversee the preparation of financial statements, management reports, and variance analysis.
• Ensure accurate and timely submission of financial data to the MNC's regional office and Corporate HQ.
• Monitor and analyse financial performance, providing actionable insights to the VP Finance, Sales Manager, and Operations Manager.
• Manage cash flow, working capital, and budgeting processes.
• Lead the annual budgeting and forecasting processes, ensuring alignment with corporate goals.
• Manage and mentor a team of 8 finance professionals, including 2 direct reports.
• Ensure compliance with local statutory requirements, US GAAP, and Group Accounting Policies.
• Implement and maintain a strong internal control environment to mitigate financial risks.
• Act as the primary point of contact for internal and external audits.
• Collaborate with cross-functional teams to drive operational efficiency and profitability.
• Support strategic initiatives, including cost optimisation, pricing strategies, and investment decisions.

What you'll need to succeed

• Bachelor's degree in Finance, Accounting or related field.
• Must be a fluent Arabic and English speaker.
• 10+ years' experience in Finance, including at least 5 years in a leadership position.
• Background working in the Manufacturing industry is essential.
• Strong knowledge of US GAAP, SOX compliance, and internal controls.
• Experience working within US, EU or UK multinational corporations (MNCs) would be beneficial.

What you'll get in return

The client is offering a competitive salary package.

What you need to do now

If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV.

If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion on your career.

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