Financial Controller
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Key skills for this role
About the Role
Alfanar seeks a Financial Controller to oversee financial planning, analysis, and management for a division. The role involves budgeting, forecasting, cost control, and providing strategic financial insights.
Key Skills for This Role
Responsibilities
- Develop financial strategies that support business growth and sustainability
- Lead budgeting, forecasting, and long term financial planning processes
- Monitor key financial metrics and business performance, analyze variances, and recommend actions to improve margins and cost efficiency
- Provide financial insights for pricing, investments, and operational decisions
- Build business cases and conduct scenario modeling to guide strategic choices
- Identify and implement cost saving initiatives
- Ensure optimal allocation of financial resources across business units
- Maintain strong internal controls and ensure regulatory compliance
- Coordinate with audit, tax, and legal teams to manage financial risks
- Deliver accurate and timely financial reports to leadership
Requirements
- Bachelor Degree in Accounting and Finance or any relevant field
- 6 to 10 Years of work experience
- Knowledge of accounting best practices, methods, principles, rules/guidelines, systems, theory/concepts
- Proficiency in financial analysis, forecasting, modeling, planning, reporting, and statement preparation
Full Job Posting
Job Purpose
- Responsible for overseeing financial planning, analysis, and management within a specific division, ensuring alignment with the organization's overall financial strategy.
- Involves providing financial insights, budgeting, forecasting, and resource allocation guidance to support strategic decision making and operational efficiency within the division.
Key Accountability Areas
- Develop financial strategies that support business growth and sustainability.
- Lead budgeting, forecasting, and long term financial planning processes.
- Monitor key financial metrics and business performance.
- Analyze variances and recommend actions to improve margins and cost efficiency.
- Provide financial insights for pricing, investments, and operational decisions.
- Build business cases and conduct scenario modeling to guide strategic choices.
- Identify and implement cost saving initiatives.
- Ensure optimal allocation of financial resources across business units.
- Maintain strong internal controls and ensure regulatory compliance.
- Coordinate with audit, tax, and legal teams to manage financial risks.
- Deliver accurate and timely financial reports to leadership.
- Translate complex data into clear, actionable insights for decision makers.
Qualifications
- Bachelor Degree in Accounting and Finance or Any relevant field
- 6 to 10 Years work experience
- Technical / Functional Competencies: Accounting Best Practices, Accounting Methods, Accounting Principles, Accounting Rules/Guidelines, Accounting Systems, Accounting Theory/Concepts, Financial Analysis, Financial Forecasting, Financial Modeling, Financial Planning, Financial Reporting, Financial St
About Alfanar
- Alfanar is a Saudi company with an international presence, primarily engaged in manufacturing and trading of electrical products, energy solutions, oil and gas, water treatment, infrastructure, technical services, and digital solutions.
- The hub of alfanar’s manufacturing operations is Medinet alfanar Alsinaiya, a 700,000 square meter complex in Riyadh.
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