RTR Accounting Controller META

Philips International; Riyadh; On-site; SAR 320,000 - 420,000; Full time

Job summary

Philips is seeking a senior RTR Accounting Controller for the META region to own the integrity of financial records across entities and ensure timely close in a dynamic environment. You will manage complex accounting treatments and bridge local GAAP to IFRS while coordinating with global hubs and shared service centers.

You will drive internal controls, advise on accounting implications of transactions, and lead a distributed team, enhancing standardisation and accuracy across markets.

Qualifications

• Professional accounting qualification (CPA, ACA/ACCA, CA(SA), SMMM or equivalent).
• Bachelor's or master's degree in accounting, finance, or business administration.
• 10+ years of progressive accounting and controllership in a multinational environment across multiple entities and jurisdictions.
• Deep IFRS knowledge with practical judgement on complex treatments.
• Experience in emerging/high-volatility markets with currency restrictions and local regimes.
• Strong internal controls background and audit experience.
• Experience coordinating remote or distributed teams and shared service centers/outsource accounting operations.
• SAP proficiency and advanced Excel.
• Fluent written and spoken English; Arabic or Turkish knowledge is a strong asset.

Responsibilities

• Own monthly, quarterly and annual close for the META region with trial balance review and group consolidation.
• Determine accounting treatment for complex transactions including revenue recognition with distributor channels, rebates and provisioning.
• Manage the statutory-to-IFRS bridge across local GAAP books, audits, and local reporting regimes.
• Advise on accounting consequences of proposed transactions and entity changes.
• Own the internal control framework and coordinate audits, closing findings timely.
• Drive standardisation and continuous improvement of accounting processes across the region.
• Lead and develop a distributed accounting team and manage KPIs across markets.

Skills

Fluent English

Remote coordination

Education

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

Bachelor's / Master's degree in accounting, Finance, Business Administration or equivalent

Tools

SAP

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.

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. At Philips, we believe that every human matters. As a global health-tech leader, we focus on improving people’s health and wellbeing through meaningful innovation. The people who work here share our passion and are motivated to bring this purpose to life. For more than 130 years, we have been creating technologies and innovations that improve people's lives and support healthcare practitioners. Headquartered in the Netherlands and operating in more than 100 companies globally, we focus our advanced technology and deep clinical and consumer insights on Precision Diagnosis, Image Guided Therapy, Enterprise Informatics, Monitoring/ Connected Care, Sleep & Respiratory Care and Personal Health. Together, we deliver better care for more people because we believe that every human matters. That's why we're taking steps to create an environment where we acknowledge and embrace our differences and uniqueness and listen to and value each other's views. When people feel cared for and listened to, they bring their best qualities to work, leading to better collaboration, communication, innovation and success. It is the policy of Philips to provide equal employment and advancement opportunities to all qualified employees and applicants for employment without regard to race, color, religion, sex, pregnancy/childbirth or related medical conditions, age, ethnic or national origin, sexual orientation, gender identity or expression, physical or mental disability, genetic information, citizenship status, veteran or military status, marital or domestic partner status or any other characteristic protected by law. As an equal opportunity employer, Philips is committed to fostering a culture where all are treated with respect and professionalism. To ensure reasonable accommodations for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974 and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance. Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace. Know Your Rights