CONTROLLER, FINANCIAL
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Key skills for this role
About the Role
Alfanar seeks a Financial Controller to oversee financial operations, ensure accurate reporting, and implement effective policies. The role manages budgeting, costing, forecasting, and financial analysis for the Support Services Division.
Key Skills for This Role
Responsibilities
- Manage accounts, budgets, and financial activities of operations divisions
- Direct and coordinate planning and preparation of annual and long term capital and operating budgets
- Manage fixed asset records and depreciation accounts
- Participate in development of long range financial forecasts and perform variance analysis
- Supervise preparation of annual financial statements for Support Services Division
- Monitor financial performance and identify areas for improvement
- Prepare reports and statistics reflecting charge back, recoveries, deficits, service charges
Requirements
- Bachelor's Degree in Accounting and Finance or any relevant field
- 6 to 10 years of work experience
- Proficiency in financial analysis, reporting, and cost control
Full Job Posting
Job Purpose
- Overseeing and managing the financial aspects. Ensuring accuracy of financial reporting, compliance with regulatory requirements, and implementation of effective financial policies and procedures.
Key Accountability Areas
- Manage accounts, budgets, and financial activities of operations divisions.
- Direct and coordinate planning and preparation of annual and long term capital and operating budgets.
- Manage functional counterparts on cost determination, inventory valuation, cost center labor rates, and overhead distribution.
- Manage fixed asset records and depreciation accounts; provide guidance on capitalization/expensing.
- Participate in long range financial forecasts and budgets; perform variance analysis.
- Supervise preparation of annual financial statements for Support Services Division.
- Ensure data collection procedures for master data are implemented and updated.
- Monitor financial performance versus budgets and identify improvement opportunities.
- Prepare reports on charge back, recoveries, deficits, service charges.
- Supervise deployment of accounting programs per standard procedures.
- Prepare final accounts and financial status reports at year end.
Qualifications
- Bachelor Degree in Accounting and Finance or any relevant field.
- 6 to 10 Years of work experience.
- Technical/Functional Competencies: Accounting Theory/Concepts, Financial Analysis, Financial Reporting, Cost Control.
Role Accountability
- Ability to recruit, recognize and cultivate high performers.
- Ability to recognize low performers and guide improvement.
- Take full responsibility for operation and deliverables.
- Able to anticipate problems and take proactive steps.
- Deliver required results in timely manner with required quality and cost.
- Transform corporate goals into business plans and monitor performance.
- Develop organizational structure and ensure job descriptions.
- Develop written systems, policies, procedures, and seek automation.
- Ensure safe, secure, and legal work environment per regulations.
About Alfanar
- Alfanar is a Saudi company with international presence, engaged in manufacturing and trading of electrical products, energy solutions, oil and gas, water treatment, infrastructure, technical services, and digital solutions.
- Manufacturing operations are based in Medinet alfanar Alsinaiya, a 700,000 square meter complex in Riyadh.
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