Financial Controller - KSA

Established in the 1930s as a trading business, Al-Futtaim Group today is one
of the most diversified and progressive, privately held regional businesses
headquartered in Dubai, United Arab Emirates. Structured into five operating
divisions; automotive, financial services, real estate, retail and healthcare;
employing more than ‎35,000 employees across more than ‎20 countries in the
Middle East, Asia and Africa, Al-Futtaim Group partners with over ‎200 of the
world's most admired and innovative brands. Al-Futtaim Group's
entrepreneurship and relentless customer focus enables the organization to
continue to grow and expand; responding to the changing needs of our customers
within the societies in which we operate.
By upholding our values of respect, excellence, collaboration and integrity;
Al-Futtaim Group continues to enrich the lives and aspirations of our
customers each and every day
Overview of the role

To develop and manage the financial function of Al Futtaim Engineering and
Technologies, KSA leverages the span of management, in governance with
applicable KSA Rules and Regulations and AF Policies to maximize the return on
assets and investment and to ensure the required financial objectives are
achieved.

What you will do

• Acts as a trusted finance business partner to Country Divisional Head to enable efficient business outcomes.


• Responsible for annual Budgets and Forecasts for Saudi operations. Liaise closely with Country Divisional Head and Regional Financial Controller.


• Prepare month-end reports for management and ensure compliance with Group reporting deadlines.


• Analyse and report on monthly financial results.


• Develop financial models and cash flow projections


• Implement internal control and risk management procedures to safeguard the assets and liabilities of the company.


• Manage all day to day accounting operations including Revenue Recognition IFRS15, Billing, AR, AP, GL, Inventory and Treasury.


• Ensure integrity of financial accounting records and compliance with IFRS and Group Policies and Procedures


• Liaise with Internal Audit and ensure all audit recommendations are implemented in a timely manner.


• Perform half-year and full-year closing in accordance with Group and Regional Finance timeline.


• Liaising with an external auditor for the preparation of Financials Statements,


• Oversee regulatory filing across VAT, ZAKAT, and Withholding Tax as per the government timeline.


• Identify and evaluation of business opportunities to maximize return on capital investments.


• Liaising with Country Divisional Head and Regional Financial Controller on Business and Finance related activities.


• Identify opportunities to enhance business process efficiencies.


• Supervise the Finance team, nurture, and coach through continuous feedback.

Required Skills to be Successful

• Strategic planning


• Leadership skills


• Strong Decision making


• Strong analysis and market research

About the Team

The finance team is a group of, highly motivated, collaborative, and fun,
accounting professionals across Saudi, looking to add
a Manager to the department, to whom all of them will report to.

What equips you for the role

• University degree in Finance, Business Administration, or Commerce.


• Master's degree in the same field is beneficial but not mandatory.


• Finance qualification (i.e. CIMA, ACCA, CA, and CPA) or any other relevant qualification which is internationally recognized.


• Must have a good working knowledge of IFRS standards, internal controls, and risk management procedures.


• Good working knowledge of Saudi Arabia regulations.


• Experience working within the Contracting industry would be beneficial.


• Exposure to ERP systems SAP / Oracle.
  About Al-Futtaim Engineering & Technologies
  Al-Futtaim Engineering & Technologies offers customers complete engineering
  and systems integration solutions.

The Engineering arm operates in the UAE, Qatar, Saudi Arabia and Egypt
providing a wide variety of products and services from air conditioning,
scaffolding and access solutions, elevators and escalators, control and life
safety, facilities management, building products, MEP, Energy Management,
Technology Infrastructure and Digital Transformation.

The Technologies division provides complete business solutions to large,
medium and small customers that include, contact centre solutions, business
applications, business intelligence, data management, advanced analytics
amongst others. The IT infrastructure portfolio comprises IP telephony, ELV
systems, networking solutions, professional audio-visual solutions and managed
services.

These solutions are further complemented by services that include project
management, installation, testing, commissioning and after-sales maintenance
contracts.