RTR Accounting Controller META

Philips; Riyadh; On-site; SAR 320,000 - 520,000; Full time

Job summary

Philips is seeking an RTR Accounting Controller for the META region to own regional financial records and reporting integrity across multiple entities. This role covers IFRS-driven close, statutory compliance, and coordination with Global Hub and shared service centers.

You will lead the monthly close, oversee reconciliations, advise on complex transactions, and guide a distributed accounting team while driving process standardisation and timely audits.

Qualifications

• Recognized professional accounting qualification or equivalent.
• Bachelor’s or Master’s degree in accounting, Finance, Business Administration or equivalent.
• Minimum 10+ years of progressive accounting and controllership experience in a multinational environment.

Responsibilities

• Own the monthly, quarterly and annual close for the region and ensure data for group consolidation.
• Review financial statements for IFRS compliance and meet reporting deadlines.
• Monitor Balance Sheet Account Reconciliations and clear aged items.
• Determine accounting treatment for complex transactions in consultation with Technical Accounting & Oversight.
• Manage the statutory-to-IFRS bridge across local GAAP books, statutory audits, tax audits and local regimes.
• Coordinate remote or distributed teams and drive standardisation of accounting processes.
• Act as regional point of contact for Record-to-Report and drive issue resolution with cross-functional teams.

Skills

IFRS knowledge

Fluent English

Leadership

Communication

Remote team coordination

Education

Professional accounting qualification (CPA/ACA/ACCA/CA(SA)/SMMM)

Bachelor's/Master's degree in accounting or finance

Tools

SAP

Advanced Excel

Job description

Job Title

RTR Accounting Controller META

Job Description

You own the integrity of the financial record across every operating reporting unit and legal entity in META region — from local statutory books through to group consolidation. This is a technical controllership role in a very demanding accounting environment: hyperinflationary economies, currency-restricted markets, distributor-led routes to market, and statutory regimes that diverge materially from IFRS.

You will act as the regional point of contact for Record-to-Report, coordinating across Accounting Operations, the Global Hub, shared service centers and outsourced providers.

Your Role:

Reporting integrity:

• Own the monthly, quarterly and annual close for the region: trial balance review, pre-MEC and MEC topics, and the risk-based Financial Reporting Review. Deliver accurate, timely and complete data for group consolidation.

• Review financial statements for accuracy and compliance with IFRS and internal accounting policy, and hold the region to reporting deadlines.

• Monitor Balance Sheet Account Reconciliations, ensuring aged and unsupported items are documented, challenged and cleared.

Technical accounting:

• Determine the accounting treatment for complex, judgemental and non-routine transactions — including revenue recognition over distributor and indirect channel arrangements, rebates and stocking terms, provisioning, and contract accounting — in consultation with Technical Accounting & Oversight.

• Manage the statutory-to-IFRS bridge: local GAAP books, statutory audits, tax audits, and local e-invoicing and reporting regimes across the region’s jurisdictions.

• Advise the business early on the accounting consequences of proposed transactions, entity changes and commercial structures, so decisions are taken with the accounting outcome understood upfront.

Controls and risk:

• Identify risks in the financial process proactively and drive remediation with stakeholders inside and outside Finance.

• Own the region’s internal control framework (ICS), coordinate Finance and internal audits, and close findings on time.

• Ensure balance sheet exposures are correctly stated, including FX translation, currency-restricted cash positions, accounts receivable provisioning and inventory valuation.

Process and stakeholders:

• Act as the regional point of contact for Record-to-Report, coordinating across Accounting Operations, the Global Hub, shared service centres and outsourced providers, and driving resolution of upstream issues across the functions such as Supply Chain, Procurement, HR, Commercial and others.

• Drive standardisation and continuous improvement of accounting processes across the region, reducing manual intervention and close cycle time.

• Coordinate, develop and hold accountable a distributed accounting team; manage team KPIs and build technical capability across the markets.

You are the right fit if you have:

Essential:

• A recognized professional accounting qualification — CPA, ACA/ACCA, CA(SA), SMMM or equivalent.

• Bachelor’s / master’s degree in accounting, Finance, Business Administration or equivalent.

• Minimum 10+ years of progressive accounting and controllership experience in a multinational environment, including responsibility across multiple legal entities and jurisdictions.

• Deep, applied IFRS knowledge — not familiarity alone, but demonstrated judgement on complex and contested treatments.

• Practical experience in emerging or high-volatility markets: currency devaluation, restricted repatriation, and local statutory regimes that diverge from group reporting.

• A strong internal controls background and experience managing external and internal audit.

• Experience coordinating remote or distributed teams and operating through shared service centres or outsourced accounting operations.

• SAP proficiency and advanced Excel.

• Fluent written and spoken English, Arabic or Turkish knowledge strong asset.

• Hands-on and solution driven. You go to the detail yourself when the detail matters.

• Comfortable holding a position with senior stakeholders when the accounting requires it.

• Able to translate technical accounting into consequences the business understands and acts on.

Preferred:

• Big 4 audit background.

• Hands-on experience with IAS 29 hyperinflationary reporting.

• Healthcare, medtech or another regulated industry.

• Experience with distributor and indirect channel revenue models.

How we work together

We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week.
Onsite roles require full-time presence in the company’s facilities.
Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.
Indicate if this role is an office/ role.

About Philips

We are a health technology company. We built our entire company around the belief that every human matters, and we won’t stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.
Learn more about our business.
Discover our rich and exciting history.
Learn more about our purpose.