Regional Financial Controller

Innospec Inc.; Saudi Arabia; On-site; SAR 120,000 - 160,000; Full time

Job summary

A leading company in specialty chemicals is seeking a Financial Controller for the EMEA and ASPAC regions. This role involves overseeing compliance, financial reporting, and business assurance while collaborating with the global team. The ideal candidate will be a qualified accountant with strong local accounting knowledge and fluency in Arabic and English. This position is exclusive to Saudi nationals in line with Saudization requirements.

Qualifications

• At least 3 years of post-qualification experience.
• Knowledge of Zakka reporting is essential.

Responsibilities

• Oversee compliance, financial reporting, and business assurance.
• Manage external audit relationship and ensure timely filing of local accounts.
• Prepare annual budgets and interim forecasts.

Skills

Fluency in Arabic

Fluency in English

Strong Understanding of local accounting standards

Education

Qualified accountant

Tools

SAP

Job description

Financial Controller - EMEA & ASPAC

We are seeking an experienced Financial Controller to join our team, responsible for our EMEA and ASPAC regions. This role will oversee compliance, financial reporting and business assurance across the region whilst working closely with our global team.

Please note that this position is open to Saudi nationals only in alignment with Saudization requirements.

Key Responsibilities:

Accounting & Reporting:

• Collaborate with external accounting support for the Saudi entity, overseeing transactional postings.
• Manage external audit relationship, ensuring timely filing of local accounts.
• Ensure that local regulations do not conflict with Groupwide Controls and Compliance requirements.
• Prepare and submit key balance sheet reconciliations for review.
• Oversee SOx and Internal Control Framework operations.
• Quarterly reporting of capital and operational leases to SOx Management.
• Review accounting treatment, monthly trial balance, reporting packs to align with Group accounting policies.
• Deliver monthly financial results to key stakeholders and develop business metrics/dashboards to provide further insight.
• Prepare annual budgets and interim forecasts, and capital budgets as required.

Treasury:

• Oversee regional payments, and provide monthly banking documentation
• Prepare accurate cash position and forecast reports.
• Manage working capital requirements by ensuring prompt payments and adherence to credit policies.

Tax:

• Review monthly VAT returns and ensure timely tax payments.
• Oversee annual transfer pricing disclosure certifications, and the associated management representation letters.
• Liaise with Group Tax and external accounting support to ensure secondary Country-by-Country report filings meet deadlines.
• Assist with any tax authority enquiries and audits in conjunction with Group Tax.

Other:

• Ensure compliance procedures are embedded and adhered to, in collaboration with Legal, and Business Assurance.
• Validate expense claims and perform customer and vendor screenings in line with Innospec policies.
• Lead the potential transition to full SOx scoping as the entity grows.
• Present financial results at board meetings, and support other business assurance activities as required.

Requirements:

• Qualified accountant (Big 4 or similar) with at least 3 years of post-qualification experience.
• Fluency in Arabic and English.
• Strong Understanding of local accounting standards (e.g. SAUDI GAAP/IFRS).
• Knowledge of Zakka reporting is essential.
• SAP experience is advantageous.

About Innospec

Innospec is a global specialty chemicals company focused on bringing innovative new technologies to market combined with a fast and responsive service. We serve a range of industries across the world, bringing our products to customers in markets from oilfields, fuels, refineries and power stations to personal care and performance chemicals.

Our global team of approximately 2,000 employees spans 24 countries, applying their extensive experience and market understanding to customers local needs. Integrating our global footprint with local service capability enables us to supply quality products that meet and anticipate changing market dynamics.