Financial Controller

Howden; Riyadh; On-site; SAR 320,000 - 460,000; Full time

Benefits offered by this job

Medical insurance

Competitive salary

Employee volunteering

Sustainability focus

Job summary

Howden in Saudi Arabia seeks a Financial Controller to oversee budgeting, consolidation and reporting, delivering strategic recommendations to senior management. The role ensures compliance with local policies, supports business development, and drives timely monthly, quarterly, and annual reporting with strong IFRS knowledge and advanced Excel skills.

You will lead acquisition analysis, cash flow forecasting, cost optimization, and robust reporting on OneStream while partnering with the CFO and

Qualifications

• Bachelor’s degree in finance, Accounting, or a related field.
• 3–5 years of progressive experience in finance management, preferably in insurance industry.
• Experience in corporate finance or Transaction advisory services.
• Strong understanding of financial management principles, accounting practices, and IFRS.
• Proven experience in financial analysis, modeling, and strategic planning.
• Advanced Excel skills (incl. formulas, pivots & macros).
• Excellent leadership and communication skills with the ability to influence at all levels.

Responsibilities

• Monitor the financial accounting and reporting systems in line with local reporting and company financial procedures & policies.
• Prepare monthly reports, annual budget and year end statutory financial accounts.
• Maintain accurate and fully monthly reconciled general ledger with accruals and prepayments.
• Full compliance with local VAT and all taxes and governmental reporting.
• Provide detached, objective and authoritative strategic advice to the management on financial performance.
• Analyze acquisition projects, including valuations and due diligence of financials.
• Interpret cash flows and predict future trends of KSA.
• Analyze changes in financial performance and advise accordingly.
• Formulate strategic and long-term business plans for KSA.
• Investigate and resolve insurance remittance items in line with policies.
• Research and report on factors influencing business performance.
• Conduct reviews for cost-reduction and efficiency opportunities.
• Ensure accurate financial reports on OneStream adhering to deadlines.
• Stay updated on changes in financial regulations and IFRS applications.

Skills

Financial management

Financial analysis

Strategic planning

IFRS knowledge

Advanced Excel

Leadership

Communication

Education

Bachelor’s degree in finance or accounting

Tools

OneStream

Job description

We are seeking a Financial Controller to oversee the company’s financial operations and contribute to long-term business growth. The role involves budgeting, financial analysis, consolidation, and reporting, along with providing strategic recommendations to senior management.

The Finance Manager will also be responsible for ensuring that all activities comply with Group and local policies, achieving targets, meeting monthly, quarterly, and annual reporting deadlines, and supporting business development while delivering a high-quality and comprehensive service.

Key Responsibilities:

• Monitoring the financial accounting and reporting systems in line with local reporting and company financial procedures & policies.
• Preparing monthly report, annual budget and year end statutory financial accounts.
• Maintain accurate and fully monthly reconciled general record with proper detailed and accurate accruals and prepayments.
• Full compliance with local VAT and all taxes and governmental reporting.
• Provide detached, objective and authoritative strategic advice to the management on financial performance.
• Being able to work on analyzing acquisition projects, including valuations and due diligence of financials.
• Interpreting cash flows and predicting future trends of KSA.
• Analyzing change of financial performance and advising accordingly.
• Formulating strategic and long-term business plans for KSA.
• Processing, investigation and resolution of items resulting from insurance provider remittances in a timely and accurate manner in accordance with company policies.
• Researching and reporting on factors influencing business performance.
• Conducting reviews and evaluations for cost-reduction and efficiency opportunities.
• Ensuring producing accurate financial reports on OneStream (company global reporting system) adhering specific deadlines.
• Keeping abreast of changes in financial regulations and legislation in the countries that the firm operates.
• Strong knowledge and understanding of international accounting standards and how they are applied in a business context, including IFRS.
• Continually look to review and improve current practice and procedures, making recommendations to the Chief Financial Officer.

Key Requirements:

• Bachelor’s degree in finance, Accounting, or a related field; CPA/CFA/ACCA or relevant professional qualification preferred.
• Minimum of 3 -5 years of progressive experience in finance management, preferably in insurance industry.
• Ideally experienced in corporate finance or Transaction advisory services.
• Strong understanding of financial management principles, accounting practices, and sector-specific regulations.
• Proven experience in financial analysis, modeling, and strategic planning.
• Good Knowledge of Praktora.
• Advanced Excel skills (including formulas, pivots & macros).
• Exceptional analytical and problem-solving skills, with a keen attention to detail.
• Excellent leadership and communication skills with the ability to influence at all levels.
• High integrity and commitment to professional ethics and confidentiality.

What do we offer in return?

A career that you define, supported by a strong commitment to technical and soft skills training.

We offer a comprehensive package of rewards and benefits - including great medical insurance, competitive salary, and more.

We provide a workplace where everyone has a voice, where volunteering in the community is part of the day job, and where everyone is encouraged to play a part towards our sustainability goals. We want people who want to make a difference - not just in the workplace, but in the industry and in the wider community.

Our Culture: People First

Our core values dictate how we live and work. We are a group with independence and people at its heart and we are a home for talent with a unique culture: the biggest small company in the world.

The focus on being a People First business has always been at the very heart of the Group; Our vision was to create an independent business with a unique culture and one that would survive and thrive as a business controlled by the people working for it. And finding the most talented and entrepreneurial people to join the Group has been and will continue to be key.

Diversity & Inclusion

At HOWDEN we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, marital status or family circumstances.