Financial Controller

The Role
Guildhall is seeking a Financial Controller to oversee all accounting, consolidation, and financial reporting activities across our client’s organization and its subsidiaries/SPVs, who is a leading Saudi investment and development group with a diversified portfolio spanning energy, infrastructure, utilities, and industrial ventures. This role plays a critical part in ensuring accurate IFRS reporting, internal controls, and effective financial governance across both corporate and project entities. Key Responsibilities 1. Financial Accounting & Reporting • Lead the preparation of consolidated financial statements (Group + SPVs) in accordance with IFRS. • Supervise monthly, quarterly, and annual closings to ensure accuracy and timeliness. • Manage the chart of accounts and standardize accounting policies across entities. • Oversee intercompany eliminations, reconciliations, and adjustments. • Deliver management reporting packages, variance analyses, and performance dashboards. 2. Audit, Compliance & Governance • Lead annual external audits and quarterly reviews in coordination with Big 4 auditors. • Develop, implement, and enforce internal controls and compliance procedures. • Ensure adherence to IFRS, ZATCA, and CMA regulations. • Support internal audit activities and implement recommendations to strengthen financial controls. 3. Budgeting & Forecasting Support • Partner with FP&A and Project Finance teams to reconcile actuals against budgets and forecasts. • Validate OPEX, CAPEX, and revenue allocations across business units and projects. • Monitor key financial KPIs such as EBITDA, DSCR, and cash flow performance. 4. Treasury & Cashflow Coordination • Support Treasury in maintaining liquidity and optimizing intercompany funding structures. • Track loan covenants, DSRA balances, and project-level cash waterfall statements. • Review payment runs and ensure adherence to approval hierarchies and internal controls. 5. Project SPV Oversight • Supervise SPV and project-level accountants and controllers. • Standardize financial governance across SPVs and JV entities. • Consolidate SPV financials into group reporting and review lender compliance certificates. 6. Systems & Process Improvement • Maintain and optimize ERP systems (Oracle, SAP, or MS Dynamics). • Drive automation initiatives to enhance reporting accuracy and efficiency.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field (Master’s preferred). • Professional certification such as CPA, ACCA, CMA, or CA. • Minimum 5+ years of experience as a Financial Controller or in a senior finance leadership role. • Strong exposure to group consolidation, audit processes, SPV management, and IFRS reporting. • Compliance with IFRS, ZATCA, and lender covenants. • Experience within energy, development, or investment sectors is advantageous.

About the company
Guildhall is the most respected HR & Headhunting Consultancy in the MENA Region. With deep, extensive knowledge of HR & Recruiting in the region, Guildhall has become a trusted partner of choice for candidates and clients. Starting from an exclusive recruitment agency in Dubai - UAE, Guildhall has grown into an elite service with the ability to cover vacancies in across MENA and Asia-pacific. Offering tailored Career Sessions and an innovative industry-first membership program designed to save money on core services. Guildhall is the partner of choice.