Finance Controller

Finance Controller - Full Time - Riyadh, Saudi Arabia

At Sulzer, you are in charge of your career and continued development. Take the opportunity to broaden your skills by seeking new roles that reflect your experience. Create your own impact by building solutions that help make lives safer, smarter and more sustainable.

Join our GF_Finance & Controlling, Accounting team within Group Functions division in Saudi Arabia as Finance Controller to help us take Finance to the next level.

In this role you will be accountable for:

• Mentoring, directing, motivating, supervising, and monitoring all members of the allocated team to ensure high performance levels are attained.

• Plan, develop and implement finance strategy ensuring that it meets overall corporate needs and departmental KPIs.

• Support business partners in developing divisional strategies by providing recommendations to strategically enhance financial performance and business opportunities.

• Overall responsibility for Compliance and Internal Control System (ICS).

• Strong partnership with Sales organization to help grow business.

• Responsible for reviewing contracts with Legal & doing Financial Due Diligence Reviews for all agents in the Middle East.

• Ensure tight project control for projects including POC. calculations, revenue recognition, Absorption issues, Warranty and LD, Risk & Opportunity Analysis & project close out review with respective PM.

• Monitoring utilization and profitability levels of Field service team.

• Ensuring correct Interco Transfer pricing with the BU.

• Analyze financial results; identify and communicate deviations from plans and forecasts with recommendations for potential solutions and improvements.

• Support and provide management as well as other areas within the group with relevant and timely financial information.

• Preparing, Monitoring and control of CAPEX expenditure including monthly depreciation posting.

• Liaising with other internal departments and suppliers to resolve queries or disputes.

• Reviewing expenses accounts for the month and passing necessary accrual entries and maintaining accrual schedules

• Posting of recharges to/from other Sulzer entities based on relevant agreements.

• Monitory insurance policy expiry dates, invoice follow up and relevant reporting.

• Conducting Monthly finance meetings with relevant department for WIP/LD’s/Job Accruals.

• To help in the preparation of monthly VAT returns.

• Analyze project costing in coordination with the operations.

• Working closely with Services Ops Manager and attending all project and Operational Meetings as his Business partner.

• Monthly input of rolling forecasts in RFC -2 file.

• Reporting of any additional schedules as may be required by HQ.

• Ensuring month end activities are performed in accordance with HQ deadlines.

• Preparing financial statements and coordinating with the auditors for audit reports and providing documentary evidence.

• To ensure that all Internal Control Systems are enforced within company and analyse financial data and convert into meaningful management information.

• To support Sales Managers and Project Managers in interpreting and understanding the financial accounts and provide explanations of significant variations to stakeholders.

• Perform monthly analysis of order backlog to determine its accuracy and completeness.

• To conduct monthly balance sheet and income statement analysis including gross profits, accruals, etc.

• To take full responsibility of Budgets and rolling forecasts and related reporting.

  
  

To succeed in this role, you will need:

• Bachelor’s degree in accounting or finance.

• CA/CPA/CIMA or equivalent qualification is a Must.

• SAP Experience is a Must

• SAP Implementation experience would be an advantage.

• 5-7+ years relevant experience within a finance management role.

• Treasury Management experience would be an advantage.

• Advanced Excel skills

  
  

Your benefits:

• Annual vacation of (21) days

• We offer excellent opportunities to develop, along with a competitive salary and company bonus schem

• Great environment, etc

  
  

Location: Riyadh

Sulzer is an equal opportunity employer. We believe in the strength of a diverse workforce and are committed to offering an inclusive work environment.

At Sulzer, you are empowered to deliver superior results. As a pioneer in industry we have a proud heritage of innovation and continue to evolve for the future. Join our story and create your own impact by developing your expertise and building solutions that help make our lives safer, smarter and more sustainable

We are proud to be recognized as a Top Employer 2024 in Brazil, China, Switzerland, the United Kingdom, Germany and the United States. Come and join our story!