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Local Division Controller, Al-Khobar

ABB
Riyadh, Saudi Arabia
Posted 1 month ago
1 open position
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Take your next career step at ABB with a global team that is energizing the transformation of society and industry to achieve a more productive, sustainable future.At ABB, we have the clear goal of driving diversity and inclusion across all dimensions: gender, abilities, ethnicity and generations. Together, we are embarking on a journey where each and every one of us, individually and collectively, welcomes and celebrates individual differences.ABB Energy Industries drives growth for customers while supporting safe, efficient and profitable operations with strongglobal execution capacity, an extensive service footprint and capabilities, and innovative digital leadership.Your responsibilitiesStrategy - Contributes to the definition of the strategy for the business unit. Serves as the key partner for the relevant business leader in determining strategy for area of responsibility, aligning with wider strategy, implementing, and making adjustments in implementation as needed. Maintains constant contact with relevant other managers and Controllers regarding financial, market and customer situation and outlook. Business Planning & Forecasting - Translates strategy into business plans and establishes measurable targets. Oversees the business planning and forecasting process for the area of responsibility and serves as the interface to HQ/Country CFO/Global/Local Division Manager. Evaluates financial implications of various strategic decisions, builds scenarios and recommends actions. Business Performance & Decision Support - Monitors progress achieved and provides insight and analysis to support operational decision-making. Identifies issues, and advises management on action plans and operational strategies to resolve. Drives appropriate cost structure, productivity optimization, and capital efficiency. Manages and closely monitors the cash flow and takes action to improve Net Working Capital. Risk Management - Identifies and communicates commercial and financial risks and opportunities from business propositions. Executes risk review procedures and processes in line with global policies and standards to minimize commercial and financial risks and exposure. Financial Reporting & Business Information - Establishes and oversees processes and tools necessary to obtain transparent and reliable financial data and business information. Ensures high quality of financial data and business information in line with defined standards and financial closing schedules. Internal Controls & Compliance - Ensures transparency in financial reporting and disclosures. Defines and implements internal controls regarding financial and non-financial operations. Ensures compliance with corporate and country standards, regulations, and guidelines. Supports internal and external audits.Communication with Internal Stakeholders - Ensures timely and efficient communication with relevant Local/Country/Division/Region Controllers, Accounting Center, and other internal customers to identify and discuss issues for improvement of operations, work quality and efficiency for area of responsibility. People Leadership & Development - Ensures (with HR Manager support) that the area of responsibility is organized, staffed, skilled and directed. Guides, motivates and develops direct/indirect subordinates within HR policies Your backgroundIdeally, you'll hold a Bachelor's Degree in Accounting or Finance Minimum 10 years’ experience Good communication skills, Must have Big-4 experience, internal controls, external audit.Experience as a project and/or business controller handling business of 50+MUSDExperience in handling two or more business (service, projects, products)Must be Arabic speakerMore about usWe look forward to receiving your application (documents submitted in English are appreciated). If you want to discover more about ABB, take another look at our website www.abb.com.Work model: remoteWork model: hybridWork model: on site89580412

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JobsAccounting/FinanceLocal Division Controller, Al-Khobar