Financial Controller

Manage all Financial & Controlling Activities for NEOM Project in all EPC, Development & OM activities including:

Reporting, Banking & Cash management, Project Costing & Controlling, budgeting, Statutory Reporting & Compliance, Taxation, digitization.

Key Accountabilities:

Accounting, Controlling & Compliances

1. Leading & Managing and control all accounting activities with timely update/post all related transactions with documentations Approvals and ensure accuracy and compliance with internal procedures and related regulations (A/P, A/R, banks, GL, F. assets, tax. Etc). & Hard Closing, taxes, Treasury function.
2. Approving all type of accounting Documents.
3. Ensure the Contractual payment terms in the Contract from A/R Point of View.
4. Lead the team to ensure contract compliance for Collections from customers, checking A/R reporting weekly, Advances, Sales Invoices on time (EPC till COD, operational sales invoices with NEOM after COD, refunding extra billing, collecting the minimum revenues, etc.).
5. Control all payments for interest to be paid on time in addition to Commitment fees, Global Fees, Security Fees, IRS Payment.
6. Lead the cost and project controlling in accordance with the approved budgets and plans.

External Professional Relationships

1. Establish and maintain strong professional relationships with key accounting, tax, auditor, insurance, banks, investments, and other service providers, & collaborations with external organizations.
2. Ensure reconciliations of assets and liabilities accounts required adjustments, and prepare Trial Balances for SPV’s which should be ready & updated on a monthly basis.

Internal Financial Reporting, Financial Planning and Analysis & External Financial Reporting and Compliance

1. Oversee the company’s financial activity, including budgeting, reporting, and auditing.
2. Manage OPEX & CAPEX Budgeting and budget controlling for all kind of operational and investment activities.
3. Identify and address any potential risks & mitigation, and Identifying opportunities for optimizations, rationalization & Cost saving for the company.
4. Prepare monthly and periodical financial reporting for a predefined and improved reporting packages, as well as Project management requirements for example but not limited to: (Costing, LGs, Banks, Assets capitalization values, hedging, LGs, cashflow statements, TB’s, P&L, BS).
5. Prepare the annual and periodical financial statements (whenever required) in compliance with the professional related regulations and standards (IFRS).
6. Prepare required reporting for Custom Duty Control & Local Content, banks and different regulatory bodies.

Tax & Filing

1. Manage all Tax’s return types i.e. (VAT, WHT, CIT, Zakat, etc.) and ensure all tax calculations comply with regulations in coordination with Central Tax department.

Skills

Qualifications/Requirements

• 10+ Years of Experience
• Good Knowledge of Saudi regulations.
• Strong accounting, analytical & reporting skills
• ERP systems (preferable SAP)
• EX- big4 preferred

Education and Certifications

• Bachelor’s Degree in Finance, Accounting
• FMVA (Financial Modelling & Valuation Analyst) is preferred.