About the job
Key Responsibilities of the Financial Controller:
- Oversee all accounting functions, ensuring the preparation of precise financial statements and management reports in compliance with KSA regulations and internal policies.
- Lead the comprehensive month-end closing process, including journals, accruals, prepayments, provisions, and intercompany entries.
- Guarantee the accuracy and completeness of financial records and balance sheet reconciliations, including banks, accounts receivable/payable, accruals, advances, fixed assets, deferred revenue, and intercompany transactions.
- Prepare monthly, quarterly, and annual financial reports while providing insightful analysis to aid in management decision-making.
- Maintain and govern accounting policies and reporting standards in accordance with IFRS and group requirements.
- Manage intercompany transactions and ensure timely reconciliations and eliminations to support consolidated reporting.
- Collaborate with leadership to facilitate annual budget preparation and rolling forecasts, aligning with strategic objectives and operational needs.
- Monitor budget implementation and conduct variance analysis, addressing discrepancies and operational inefficiencies.
- Establish and enhance internal controls and approval governance to protect assets and ensure accurate reporting.
- Manage working capital performance by strengthening controls over accounts receivable and payable, improving collections, and overseeing vendor statement reconciliations.
- Plan cash flow effectively to ensure sufficient liquidity for operational requirements, overseeing bank reconciliations and cash management activities.

