Browse Jobs
For Employers
Post JobLog inGet Started

Financial Controller

NicheHR Global
Riyadh, Saudi Arabia

Financial Controller

Riyadh, Saudi ArabiaPosted 11 days ago
37People have clicked1 open position

Job Details

Experience Needed:
Career Level:
Education Level:
Job Categories:

Skills And Tools:

Job Description

Financial Controlling and Financial AdvisoryJob DescriptionDhahran, KSA Title: Financial Controlling and Financial AdvisoryLocation: Dhahran,KSASummary : We are seeking an experienced financial advisor to join Downstream Finance, and Performance Management Department (DSF&PMD) focusing on Segment Financial Controlling & Financial Advisory activities for the Downstream Segment based in Dhahran, Saudi Arabia.The successful candidate will be part of the segment level team that handles financial reporting and controlling, financial consolidation, compliance (IFRS) and assurance over segment financials reported both internally and externally. It is a critical team within Downstream Finance, responsible for ensuring that segment results are prepared in a timely, accurately and world-class manner, as can be expected from one of the largest companies in the world. Key Resposibilities: Responsible for preparing financial and management reportManage the global financial planning and quarterly forecasts processParticipate in the consolidation and reconciliation of financial figures reported to executive management to finalize the business line financial reports at both actual and planning eventsPrepare monthly and quarterly financial statement analytical review at business unit levelAssess and evaluate financial performance of the organization and provide insight and recommendations with regard to short term operational goals and long-term strategy, budgets and forecastsResponsible for carrying out cash flow analysis and as per the financial needs of the company, determine the required financial tools (i.e. Loans (Short or Long term), Hedge, LC, Leasing and etc.) and prepare a business plan to allocate the resources accordinglyDevelop product and regional segment financial statements.Treasury, Accounting Policy, Tax, Pricing, Financial Accounting, External Reporting, Enterprise Risk, Audit, and Affiliates Support for the DS business. Ensure facilitation of Downstream objectives through these stakeholdersEstablish and maintain reconciliation controls on balance sheet accountsAssists in budget development cycles. Set, monitor and allocate budgets in coordination with the business and Finance.Coordinate, maintain, and resolve outstanding audit exceptions for both internal and external auditingProvide Downstream Finance community advice on technical accounting issuesIdentify and implement preventative and detective controls on key financial processesEnsure timely and accurate recognition of provisions relating to environmental remediation, legal and asset retirement obligationsOversee the implementation of cost-effective internal controls for results-oriented management; assess the adequacy of DS internal controls; identify needed improvements and take corresponding corrective action; and report annually on the internal controls through management assurance statements.Support business development activities ranging from capital projects to upgrades.Support business systems architecture and ERP for financial functions initiatives.Develop, build and review full financial models on corporate finance transactions (M&A, due diligence, impairment testing, and tax related activities and etc.) And conduct valuation analyses using appropriate valuation methodologiesEducation, Experience & Skills: Education - A Bachelor’s degree in a Business, Accounting or Finance discipline. Accounting / Finance professional designation (ACCA, CPA, CMA, CIMA, CA, CFA, or equivalent).. Experience: 12+ years of experience in the Finance and reporting related activities. Preferably, 5+ years of this experience will be in the Oil and Gas Downstream Skills : Solid understanding of IFRS in relation to Oil & GasStrong knowledge of accounting principles, practices, standards, laws, and regulationsWorking knowledge of SAP Finance ModulesStrong working knowledge of Microsoft Office SuiteIn depth knowledge in one or more of the following areas: trade accounting, impairment, asset accounting, cost reallocations, revenue accounting, transfer pricing, financial consolidation and group reporting requirements

Featured Jobs

Similar Jobs

Search other opportunities
JobsAccounting/FinanceFinancial Controller