General Ledger Reconciliation Center of Excellence Control Senior Manager

Title: General Ledger Reconciliation Center of Excellence Control Senior Manager

Department: Finance

Location: Riyadh

Core Responsibilities:

• Ensures that bank procedures on GL controls are appropriately aligned with the group best practices.
• Performs quality checks on GL data to ensure the accuracy and consistency of certification by the line of business.
• Manages and monitors the daily HUB and GL exceptions for escalation and resolution and provides technical assistance and guidance to other departments to clear their expectations and ensures accuracy in the process.
• Manages the GL, Interest, HUB, ALF maintenance.
• Supervises monthly GL accounts certification closing activities (GLARE) in line with internally developed requirements; Monitors and maintains the GL ownership tree with approval authorities as per SAB standards.
• Liaises with internal and external auditors to ensure that accounts are prepared in a legally compliant way.
• Coordinates successful implementation of auditors’ recommendations and reporting them to the management.
• Manage the department to review and identify the department RCA (Risk Control Analysis) to ensure the proper coverage of all critical activities in line with Internal Control compliance.
• Manage the requisite reports (weekly/monthly/ad-hoc) and ensure timely submission to facilitate decision-making.
• Generates reports on discrepancies and anomalies highlighted in the accounting cycle through ledger maintenance.
• Participates in developing plans, systems, and internal processes as required to govern all aspects of the general ledger function per SAB’s established policies.
• Develops a continuous talent pipeline for critical roles in the department and provides mentoring for high-potential talent in the team.
• Other Ad hoc tasks to strengthen the internal control of the finance department.
• Providing relevant analytical reports for all SAB business functions to be used for financial reporting.
• Ensuring that the financial reporting is audited to stay compliant with regulatory standards.
• Ensuring that the general ledger procedures are in compliance with the regulatory standards.

Qualifications and Requirements:

• Bachelor’s degree in Accounting, Finance, or Business Administration.
• 5-8 years of strong experience in Accounting, Reconciliation, or Financial Control.
• Minimum 3 years in a managerial reconciliation role.
• Prior working experience on Oracle, Excel, or custom reconciliation software.
• Familiarity with banking products and services.
• Holding professional certification in Accountancy is highly preferable.