Head of Controlling

Siemens Gas and Power GmbH & Co. KG; Dammam; On-site; SAR 350,000 - 550,000; Full time

Benefits offered by this job

Remote/flexible work

Professional development opportunities

Job summary

Siemens Energy in Saudi Arabia seeks a Head of Controlling (Factory Finance Controller) for the GIS factory in Dammam to drive end-to-end cost control and budgeting with IFRS governance. You will lead cost accounting, variance analysis, and inventory valuation while partnering with plant management to improve efficiency and financial transparency.

The role requires strong manufacturing finance experience, CMA/CPA/CA certification, and leadership capabilities to manage a high-performance team in

Qualifications

• 8–10 years in financial controlling within manufacturing
• Certified CMA/CPA/CA or equivalent
• Strong IFRS knowledge and internal controls experience
• Experience leading finance teams and partnering with operations
• Budgeting, forecasting and financial modeling expertise

Responsibilities

• Oversee end-to-end factory cost controlling and variance analysis
• Establish KPIs to drive cost optimization and performance
• Manage product costing, inventory valuation, and scrap controls
• Lead budgeting process and monthly forecasting for the plant
• Provide insights and corrective actions to plant management
• Maintain internal controls in line with IFRS and SOX compliance

Skills

Factory costing

IFRS knowledge

Leadership

Budgeting

Cost accounting

Financial modeling

CMA/CPA/CA

Education

Finance degree

Tools

SOX awareness

Job description

Siemens Energy and Siemens Gamesa are becoming Omterra. \"We energize society\" by supporting our customers to make the transition to a more sustainable world, based on innovative technologies and our ability to turn ideas into reality. With nearly 100,000 employees around the world, we shape the energy systems of today and tomorrow.

To support the strategic ramp-up of the GIS factory operations at SG Dammam and ensure the successful execution of bulk tender and open market orders, Siemens Energy is establishing the Head of Controlling (Factory Finance Controller) role in Saudi Arabia. This position drives financial transparency, end-to-end manufacturing cost optimization, and robust governance within the Switchgears Asia business unit. To address these business aims, the role focuses on factory cost controlling and allocation, monthly internal controls monitoring under IFRS, and the enhancement of budgeting and forecasting quality. These core areas directly enable precise financial steering, risk mitigation, and operational efficiency across the manufacturing lifecycle. Given the focus on manufacturing finance and governance, the ideal candidate will possess a strong background in industrial cost accounting, IFRS compliance, and financial leadership. Extensive experience in factory controlling within the energy or heavy manufacturing sector is highly preferred.

How You’ll Make an Impact

• Oversee end-to-end product manufacturing cost controlling, variance analysis, and cost allocation processes for the GIS factory in Dammam.
• Establish and monitor key manufacturing performance indicators (KPIs) to drive operational efficiency and cost optimization.
• Manage product costing, inventory valuation, and scrap/obsolescence controls within the factory environment.
• Drive the annual budgeting process and monthly financial forecasting cycles to improve accuracy and quality of financial steering.
• Analyze financial performance against targets, providing actionable insights and corrective recommendations to the plant management team.
• Strengthen, execute, and monitor internal financial controls on a monthly basis in strict compliance with IFRS and corporate guidelines.
• Lead audit preparations and coordinate with internal and external auditors to ensure clean compliance records for factory operations.

What You Bring

• Bachelor's or Master's degree in Finance, Accounting, Business Administration, or a closely related field. Minimum of 8 to 10 years of professional experience in financial controlling, with a strong focus on factory or manufacturing environments
• Proven leadership experience managing finance teams and driving internal controls in compliance with IFRS
• Certified Management Accountant (CMA), Certified Public Accountant (CPA) or Chartered Accountant (CA), Association of Chartered Certified Accountants
• Expertise in industrial cost accounting, including product costing and valuation, as well as variance analysis and financial modeling.
• Strong understanding of IFRS standards and financial reporting, internal controls and SOX compliance, as well as financial risk management.
• Expertise in budgeting and forecasting, stakeholder management and business partnering, as well as team leadership and talent development.

About the Team

Our Grid Technology division enables a reliable, sustainable, and digital grid. The power grid is the backbone of the energy transition. Siemens Energy offers a leading portfolio and solutions in HVDC transmission, grid stabilization and storage, high voltage switchgears and transformers, and digital grid technology.

Who is Siemens Energy?

At Siemens Energy, we are more than just an energy technology company. With ~100,000 dedicated employees in more than 90 countries, we develop the energy systems of the future, ensuring that the growing energy demand of the global community is met reliably and sustainably. The technologies created in our research departments and factories drive the energy transition and provide the base for one sixth of the world's electricity generation.

Our global team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation.

Lucky for us, we are not all the same. Through diversity we generate power. We run on inclusion and our combined creative energy is fueled by over 130 nationalities. Siemens Energy celebrates character – no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences.

• Opportunity to work on challenging projects in an exciting environment
• Opportunity for remote/flexible work
• Professional support and strong collaboration with colleagues around the world
• Professional development opportunities within the company