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Business Finance Controller (Finance Head) Job


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Job Title Business Finance Controller (Finance Head)
Job Type Job Type -> Full-time
Post Details
Profession Job Classification -> Accounting
Location Location -> Saudi Arabia -> Dammam
Monthly Salary
Job Description Job Description:

As a senior member of the Industrial & Energy Finance Team, the Head of Finance will be responsible for the financial management of the Industrial & Energy business units. This role will require the ability to interact with business and functional leaders of different levels across the enterprise.

You will be responsible for the following key aspects:

- Consolidated reporting and analysis of Industrial & Energy performance.

- Management and development of the finance in the business team

- Financial management of business unit performance, balance sheet and cash flow

- Finance business partner to the business unit GMs and leadership team

- Ensure appropriate budget management within the business units

- Support and drive cost optimization initiatives

- Deliver timely and insightful management reports and analysis

- Drive improvement in financial management and accounting processes

- Interface with the financial accounting team and contribute to the wider Finance function objectives and initiatives.

- Prepare monthly variance analysis of the I&E consolidated and business unit performance, balance sheet and cash flows against prior year and budget, providing explanations and insight to support the leadership teams to deliver the business unit objectives.

- Lead the preparation of the quarterly forecast

- Lead the development of the business units annual budget

- Partner with the business on all financial matters (ad hoc financial analysis, financial input to bids / tenders, financial support to strategic initiatives etc)

- Support the budget holders to ensure delivery against agreed targets through financial analysis, reporting and constructive challenge

- Work closely with the financial accounting team to ensure the businesses unit transactions are captured correctly

- Review ageing of working capital balances on a monthly basis and drive actions to reduce the working capital requirements

- Support, identify and drive cost optimization initiatives

- Attend and actively participate at the I&E leadership team meetings

- Manage all aspects of the Finance Manager and Finance Analyst teams (setting objectives, driving performance, coaching, managing training and development needs)


Skills:

- Preference will be given to Saudi / Bahraini Nationals

- Bachelor's Degree in accounting, finance or related field, or equivalent experience

- Recognized professional accounting qualification

- 7-10 years of PQE in a commercial finance role

- Big 4 trained

- Relevant industry experience in Oil & Gas /Industrial & Machinery sector

- Track record of progression within a commercial finance role in medium to large companies


Education:

- Accounting And Affiliated Disciplines

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Posted date 2020-Mar-23

Job Description:

As a senior member of the Industrial & Energy Finance Team, the Head of Finance will be responsible for the financial management of the Industrial & Energy business units. This role will require the ability to interact with business and functional leaders of different levels across the enterprise.

You will be responsible for the following key aspects:

- Consolidated reporting and analysis of Industrial & Energy performance.

- Management and development of the finance in the business team

- Financial management of business unit performance, balance sheet and cash flow

- Finance business partner to the business unit GMs and leadership team

- Ensure appropriate budget management within the business units

- Support and drive cost optimization initiatives

- Deliver timely and insightful management reports and analysis

- Drive improvement in financial management and accounting processes

- Interface with the financial accounting team and contribute to the wider Finance function objectives and initiatives.

- Prepare monthly variance analysis of the I&E consolidated and business unit performance, balance sheet and cash flows against prior year and budget, providing explanations and insight to support the leadership teams to deliver the business unit objectives.

- Lead the preparation of the quarterly forecast

- Lead the development of the business units annual budget

- Partner with the business on all financial matters (ad hoc financial analysis, financial input to bids / tenders, financial support to strategic initiatives etc)

- Support the budget holders to ensure delivery against agreed targets through financial analysis, reporting and constructive challenge

- Work closely with the financial accounting team to ensure the businesses unit transactions are captured correctly

- Review ageing of working capital balances on a monthly basis and drive actions to reduce the working capital requirements

- Support, identify and drive cost optimization initiatives

- Attend and actively participate at the I&E leadership team meetings

- Manage all aspects of the Finance Manager and Finance Analyst teams (setting objectives, driving performance, coaching, managing training and development needs)


Skills:

- Preference will be given to Saudi / Bahraini Nationals

- Bachelor's Degree in accounting, finance or related field, or equivalent experience

- Recognized professional accounting qualification

- 7-10 years of PQE in a commercial finance role

- Big 4 trained

- Relevant industry experience in Oil & Gas /Industrial & Machinery sector

- Track record of progression within a commercial finance role in medium to large companies


Education:

- Accounting And Affiliated Disciplines