Controller
Khobar
Job description
Why the employer Operations? In the employer's global operations, we're proud to be the original motor oil, but we've never been satisfied with being first. Founded in 1866, we introduced the world's first branded motor oil, asserting our claim as a leader in automotive and industrial solutions. Today, as a subsidiary of another company, one of the world's largest integrated energy and chemicals companies, we are driven by innovation and committed to finding sustainable solutions for a better future. Thanks to our global presence, we develop future-ready products and provide the best services to our partners around the world. For us, authenticity isn't just about where we started, it's about where we're going and how we'll lead the way. We are authenticity in movement. Our Corporate Values · Care, Integrity, Passion, Unity and Excellence · are at the heart of everything we do. These values define how we work, how we treat each other, and how we interact with our partners, customers and the communities we serve. At the employer, we are united in our commitment to: • Treat everyone with care. • Act with unwavering integrity. • Striving for excellence in all endeavors. • Fulfill our commitments with passion. • Cooperate as one unified team. When you join the employer, you will become part of a culture that celebrates creativity, innovation and excellence. Together, we are shaping the future of automotive and industrial solutions. Job Purpose The Controller is responsible for financial management, accuracy of reporting, and ensures compliance with US GAAP, local law, tax compliance and reporting requirements. Editing legal reports for legal entities. They oversee internal controls, coordinate audits, and ensure the integrity of financial statements. They also provide leadership and direction to the broader finance team. He sits at the helm of overall financial management. Coordinates with both Commercial and Operational Finance to ensure proper management How to Make an Impact (Job Responsibilities) Specific Responsibilities: • Lead general ledger activities in the market and interact with GBS in Delhi (India). • Responsible for preparing specifications/reconciliations and documentation of financial statements, e.g., financial statements, continuous improvement of financial processes and internal controls. • Responsible for data management and transition processes within the planned transformation. Financial Close Activities: • Coordinate and implement month-end close activities for entities in accordance with the close schedule and consistent with US GAAP and internal accounting guide lines. • Coordinate and/or prepare required entries based on monitoring of financial results during the month and close. • Liaise with accounting team at GBS Delhi (India) regarding preparation and progress of closing. Legal Reports: • Identify country-specific legal and legislative requirements (e.g. content, format, due dates, penalties). • Compiling statutory accounts and tax returns (for example, coordinating the completion of statutory accounts, preparing financial statements, preparing notes to the financial statements, preparing a management report, submitting financial statements and tax returns to local authorities). Internal controls and compliance: • Design, implement and test controls. • Ensure adherence to GAAP/IFRS, tax profile including Aramco CGGF implementation (including current gap assessment and implementation plan). Audit coordination: • Liaise with external and internal auditors, compile audit documents, and resolve findings. Debt and Treasury Management: • Supervising borrowing, managing debt covenants, and maintaining banking relationships. Payroll and Benefits: • Oversee the processing of payroll and ensure payments are made according to policy. Stakeholder Reports: • Keep in close contact with the Business Controller on matters relating to gross profit, e.g. Monitor sales accruals, take corrective action on operating results, and identify, evaluate and measure any internal risks. • Ensures SOX compliance for sites in country/countries. • Make a backup copy for the financial director in the Kingdom of Saudi Arabia. • Nominal participation in special projects (ad hoc). • Participate in tax audits in the Kingdom of Saudi Arabia and the support team in the Middle East and Africa region. Team Leadership: • Hiring, training and mentoring accounting staff. What you bring to the role (Job Qualifications/Education/Skills/Requirements/Abilities) • Professional qualifications or equivalent university degree in Accounting and Finance. • CPA/CA/ACCA mandatory • In financial control or auditing (some experience in Big 4 audit firms would be an added advantage) • Professional level of knowledge of modern accounting practices. • Good understanding of MPA reporting Generally Accepted Accounting in the United States • Professional level of knowledge of modern accounting practices. • Good understanding of local GAAP reporting and tax regulations of responsible countries • Experience in internal controls competencies (SOX) • Good understanding of the use and application of ERP systems (pre-SAP) • Good understanding of the use and application of other IT software (Excel, Word, PowerPoint) • Experience in cultural diversity • Proactive and practical mindset, persuasive, enthusiastic, team player and leadership skills • Proficiency in English, both verbally and written, Arabic will be an added advantage the employer is the owner Equal Opportunity Employment. We are committed to fostering an environment where every individual feels valued, respected and empowered to contribute their unique perspectives and skills. We strictly prohibit crime and harassment of any kind, without regard to race, color, religion, age, sex, national origin, disability, genetics, veteran status, sexual orientation, gender identity, or any other legally protected characteristic. We are committed to ensuring accessibility throughout our recruitment process. If you need a reasonable accommodation to participate in any stage of the recruitment or selection process. • Email: This contact information is only for accommodation requests. For inquiries about order status, please use the appropriate channels listed in your order materials. Are you ready to make an impact? Are you ready to complain? For the future with us? Apply today. Order ID: 2124 LI-KT1
Requirements
- Bachelor degree in Accounting and taxation
- Team Work
- Ability to build relationships
- Analytical Thinking
Skills
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