Financial Controller

Valvoline Global KSA; Jeddah; On-site; SAR 200,000 - 250,000; Full time

Job summary

A leading automotive solutions provider in Jeddah seeks a Financial Controller to ensure financial governance and compliance. Responsibilities include overseeing internal controls, preparing financial statements, and leading the finance team. Candidates must have 10 years of finance experience, proficiency in SAP, and fluency in English. Join a company committed to excellence and innovation.

Qualifications

• 10 years of experience in finance operations in similar industry in KSA.
• Good understanding of Local GAAP reporting & Tax regulations.
• Pro-active, hands-on mentality and leadership skills.

Responsibilities

• Responsible for financial governance and reporting accuracy.
• Oversee internal controls, coordinate audits, and ensure compliance.
• Hire, train, and mentor accounting staff.

Skills

Experience in finance operations and controlling

Knowledge of SAP system

Understanding of US GAAP reporting

Experience with Internal Controls (SOX)

Fluent in English

Education

Professional qualification or University degree in Accounting & Finance

Tools

SAP

Excel

Word

PowerPoint

Job description

Why Valvoline Global Operations?

Valvoline Global is a worldwide leader in automotive and industrial solutions, creating future-ready products and best-in-class services for partners around the globe. Established in 1866, we introduced the world’s first branded motor oil, claiming our position as The Original Motor Oil. As an affiliate of Aramco, one of the world's largest integrated energy and chemicals companies, we continue to invest strategically and expand globally, driving unparalleled product innovation and sustainable business solutions.

Our corporate values of care, integrity, passion, unified, and excellence

Living out our values is what makes our company, our employees, our partners, our customers, and the communities we serve great.

• When you join Valvoline Global, you join a culture that is committed to: treating all people with care, operating with integrity, striving for excellence in everything we do, showing passion about delivering on our commitments, and being unified in all our enterprise endeavors.

Job Overview

The Financial Controller is responsible for financial governance, reporting accuracy, and ensures compliance with US GAAP, local statutory, tax compliance and legal reporting requirements for the legal entities. They oversee internal controls, coordinate audits, and ensure the integrity of financial statements. They also provide leadership and guidance to the broader finance team. Sits at the helm of the overall finance department. Coordinates with both commercial and operational finance to ensure sound governance.

How You Make an Impact

Specific Responsibilities: Leading the General Ledger activities in the market and interaction with GBS in Delhi (India).

Accountable for the preparation of specifications/reconciliations and documentation of financial data, e.g., the financial statements; Continuous improvement of the financial processes and internal controls.

Responsible for data management and processes transition under for planned transformation.

Financial Closing activities

Coordination and execution of the month end closing activities of the entities according to closing schedule and in line with both US GAAP and internal accounting guidelines.

Coordination and/or preparation of entries that are needed based on monitoring of the financial results during the month and closing; Liaise with Accounting team in GBS Delhi (India) on preparation and progress of the closing.

Statutory Reporting

Identify country specific Legal & Statutory requirements (e.g. content, format, filing due dates, penalties); Compile Statutory Accounts and Tax Returns (e.g. coordinate completion of Statutory Accounts, prepare Financial Statements, prepare Notes to the Financial Statements, prepare Management Report, file Financial Statements and Tax Returns to local authorities).

Internal Controls & Compliance

Design, implement and test controls; ensure GAAP/IFRS adherence, and file taxes including the CGGF implementation from Aramco (including current gap assessment and implementation plan).

Audit Coordination

Liaise with external & internal auditors, compile audit documentation, and resolve findings.

Debt & Treasury Management

Oversee borrowing, manage debt covenants, and maintain banking relationships.

Payroll & Benefits

Supervise payroll processing and ensure payments are made according to policy.

Stakeholder Reporting

Keep close contact with Business Controller on matters related to gross profit e.g. monitor sales accruals, take corrective actions in operating results, Identify, valuate and quantify any Internal risks; Ensures SOX compliance for the locations in the country/countries; Back up for the Financial Director in KSA; Participate in special (ad-hoc) projects. Participate in tax audits in KSA and support team in MEA.

Team Leadership

Hire, train, and mentor accounting staff.

Other duties and responsibilities as determined by Valvoline from time to time in its sole discretion.

What You Bring to the Role

• Professional qualification or similar University level degree in Accounting & Finance.
• 10 years of experience in finance operations and controlling with similar industry in KSA, must know SAP system.
• Professional level of knowledge of modern accounting practices.
• Good understanding of US GAAP reporting.
• Good understanding of Local GAAP reporting & Tax regulations for countries of responsibility.
• Experience with Internal Controls (SOX).
• Good understanding of the use and application of ERP systems (SAP pre).
• Good understanding of the use and application of other IT software (Excel, Word & PowerPoint).
• Experience with cultural diversity.
• Pro-active, hands-on mentality, convincing, motivated, team player and leadership skills.
• Fluent in English, both verbal and written, Arabic would be a plus.

Working Conditions / Physical Requirements / Travel Requirements

• Working Conditions / Physical Requirements: Office Environment
• Travel Requirements: 10%

Valvoline Global provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression or any other characteristic protected by federal, state or local laws. Are you good at what you do? Join us.

The Company has put a process in place to make its recruitment process accessible to any and all users. Reasonable accommodations will be provided, upon request, to applicants with disabilities in order to facilitate equal opportunity throughout the recruitment and selection process. Please contact Human Resources at 1-800-Valvoline to make a request for reasonable accommodation during any aspect of the recruitment and selection process. The contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.