Financial Controller

Cisco Systems; Riyadh; On-site; USD 100,000 - 140,000; Full time

Job summary

An established industry player is seeking a Senior Financial Controller to take charge of the Record to Report process in Saudi Arabia. This pivotal role demands a bilingual Arabic speaker with extensive experience in finance and accounting, particularly in navigating local and international regulations. The successful candidate will lead a dynamic team, ensuring compliance and accuracy while fostering collaboration across various financial functions. This is an exciting opportunity to make a significant impact in a forward-thinking organization that values innovation and diversity in its workforce.

Benefits

Health insurance

401(k)

Paid holidays

Qualifications

• 8+ years of relevant experience in finance, ideally in an international environment.
• Strong knowledge of US GAAP, Saudi regulations, and IFRS.

Responsibilities

• Lead the Group Accounting and Reporting Organization for effective R2R delivery.
• Ensure statutory and tax compliance for three entities in the country.

Skills

Data analysis

Oracle

MS Office (Excel, PowerPoint, Word)

Hyperion

Education

Recognized accounting qualification

Job description

## Financial Controller

Location:
Riyadh, Saudi Arabia

Area of Interest
Finance

Job Type
Professional

Technology Interest

one Job Id
1440851

The job ad is for a senior financial controller (individual contributor) – a new role / an addition to the existing team. The finalist must be a native / bilingual Arabic speaker.

Role overview

The Financial Controller position covers ownership and accountability for the Record to Report (R2R) figures reported in the country for both local GAAP and US GAAP. The Controller is expected to ensure compliance with all local finance and accounting statutes. The role provides accounting oversight supported by outsourced operations. This position will oversee financial control for Cisco entities in Saudi Arabia. A successful Controller will build and maintain strong relationships with other Finance functions such as Tax, Treasury, Sales, and Service Finance, as well as with Business leaders and external professional firms like auditors.

Who We Are

We change the World. Everything is converging on the Internet, making networked connections more meaningful than ever. Our employees' innovative ideas impact everything imaginable. At Cisco, we take creative ideas from concept to impactful solutions. We offer a portfolio of next-generation software, hardware, and services to meet evolving customer needs in the digital transformation journey.

What You’ll Do

Key Responsibilities

• Lead the Group Accounting and Reporting Organization for the country, ensuring effective R2R delivery, including management of close and reporting processes in line with Cisco policies.
• Act as escalation point for critical GAR issues impacting business, providing root cause analysis and corrective actions.
• Ensure statutory and tax compliance for three entities in the country.
• Manage Cisco internal audits and controls (ICS, GRC, SOX).
• Coordinate with the close consolidation team to ensure accurate reporting.
• Handle tasks requiring physical presence, such as releasing bank payments and managing physical documents.

Stakeholder Collaboration

• Oversee dispute resolution processes.
• Supervise outsourced accounting team for accuracy.
• Collaborate with peers and external auditors.
• Represent GAR during physical visits by authorities.
• Conduct country review of the balance sheet with management.
• Partner with cross-financial teams on corporate finance initiatives.
• Serve as main contact for FP&A on actuals and forecasts.

Continuous Improvement

• Update policies based on legislative changes.
• Participate in model changes and process improvements.
• Identify opportunities for innovation and scalability.
• Lead projects on processes and accounting requirements.

Minimum Qualifications

• Recognized accounting qualification.
• 8+ years of relevant experience, ideally in an international environment.
• Strong knowledge of US GAAP, Saudi regulations, and IFRS.
• Excellent communication skills in English; fluency in Arabic required.
• Experience dealing with local authorities.

Required Technical Skills

• Data analysis, Oracle, MS Office (Excel, PowerPoint, Word), Hyperion (advantageous).

Personal Attributes and Behaviors

• Effective communication and listening skills.
• Strong business acumen.
• Ability to work independently and manage vendors.
• Quick understanding of local requirements for GAAP treatments.

Why Cisco

#WeAreCisco where every individual brings their unique skills and perspectives to power an inclusive future. We celebrate diversity, support learning and development, and foster a culture of innovation and belonging. Our technology and culture pioneered hybrid work, and we are committed to community and sustainability initiatives. Join us to be part of a global leader in technology that powers the internet, helping customers reimagine their applications and meet sustainability goals. Take your next step and be you, with us!

Message to applicants applying to work in the U.S. and/or Canada:

Salary ranges reflect projected hiring ranges and vary by location, skillset, experience, and education. Benefits include health insurance, 401(k), paid holidays, and more. Details will be shared during the hiring process.