The incumbent shall oversee the company’s financial health, stability and integrity by managing its accounting and financial reporting processes. The financial controller manages risks, support strategic growth and ensures that all financial operations are conducted efficiently and in compliance with the relevant laws and regulations in the Middle East.
Responsibilities include but not limited to:
- Accounts Payable: Oversee the accounts payable function to ensure timely and accurate processing of invoices and payments. Implement and maintain robust controls over the payables process
- Financial Process and Reporting: Implement and drive the core financial processes and reporting for all Middle East subsidiaries. Prepare monthly, quarterly and annual financial reports, variance analysis and presentations for senior management
- Cashflow Management: Monitor and manage the company’s cash flow to ensure sufficient liquidity. Supporting Cash Flow forecasting, creating baseline forecasts, maintaining data and improving forecast integrity
- Treasury Support: Provide support for local treasury operations, including bank relationships and funding strategies. Manage foreign exchange transactions and mitigate currency risk
- Tax Compliance: Oversee the preparation and filing of all tax returns. Ensure compliance with local, state, and federal tax regulations (including transfer pricing)
- Cost Analysis: Deep dive on cost structures and analyze expenses against budgets, providing recommendations to address variances
- Audit and Compliance: Ensure adherence and compliance with respect to company and international accounting standards, company policies and procedures, etc. Coordinate and manage the annual audit process, liaising with external auditors
- Budgeting and Planning: Lead the annual budgeting and planning exercise for Middle East subsidiaries
- Internal Controls: Develop and document business processes and accounting policies to maintain and strengthen internal controls
- Ad hoc Analysis: Lead ad hoc financial analysis and root cause investigations, and provide insights and recommendations based on financial analysis and projections
Qualifications:
- Chartered Accountant, ACCA, CIMA or similar qualifications
- Minimum 8 years of relevant experience
- Advanced Excel, PowerPoint, and database skills (extracting data from internal and external databases, like SAP, BI, etc.)
- Strong knowledge of accounting principles, financial reporting, and tax regulations
- Ability to develop complex financial models (especially for cash flow planning and forecasting)
- Excellent analytical, problem-solving, and organizational skills
- Strong communication and interpersonal skills to effectively collaborate with various departments
- Ability to work under pressure and meet tight deadlines
- Worked as a Financial Controller or Payables Supervisor in an MNC