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Assistant Financial Controller - KSA

General Electric

Riyadh, Riyadh Province 12523
General Electric
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Job Details

**About Us:**

GE is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. Through our people, leadership development, services, technology and scale, GE delivers better outcomes for global customers by speaking the language of industry.

**Role Summary:**

The Controller GE Healthcare KSA will be accountability for functional, business, and broad company objectives. In this role the person will integrate and develop processes that meet business needs across the organization, manage complex issues within functional area of expertise, and be involved in long-term planning.

**Essential Responsibilities:**

Ensure integrity of the general ledger

Ensure account reconciliation, manager inter-company balance reconciliation & quality metrics of quarter close process

Manage statutory close, JV reporting and statutory compliances

Serve as the key audit contact for CAS/external auditors and drive closure of open audit issues

Serve as the key contact for compiling and filing documentation with Tax authorities

Oversee AP and withholding tax compliances

Support the EGM Regional Controller with any ad-hoc requests

Advise business leaders regarding complex financial accounting and reporting issues and transaction structuring

Be the compliance focal point for accounting issues

Maintain accounting, financial reporting, financial control, and information systems to ensure adequate records, appropriate authorizations of transactions, and safeguard assets

Initiate process improvements

Manage / support the business teams in preparing quarterly accounting documentation and preparation of appropriate accounting procedures and policies

Manage the controllership reviews including quarterly balance sheet reviews, reserve updates, etc.

Working with Commercial Operations Teams to integrate Controllership requirements into the Commercial Processes

Monitoring and increasing the effectiveness of the controls for the Contract reviews and their approvals,

Upfront involvement in setting the T&Cs for sales with non-standard structure,

Oversight for the monitoring of contractual risks of the existing commitments,

Participating in the simplification projects in the cycles of Order Review & Entry,

Sustaining the Compliance with Revenue Recognition Rules across the region,

Working with Finance Controller & Commercial Teams to determine the appropriate Revenue Recognition approach for specific deals,

Standardizing and monitoring the accounting of Commercial Reserves across the legal entities,

Ensure timely closure of books and record

Ensure 100% accounts are reconciled and well supported by the backups

Risk related to accounts need to highlight upfront and plan accordingly for the mitigation

In depth knowledge of US GAAP, International accounting standards and SOCPA.

Preparation of statutory Financial Statement for the purpose of Final Audit.

Key Contact person for all tax related queries


Gradate BA/BSc or MBA in finance with 5 - 7 years of progressive accounting & finance experience including developing forecasts & operating plans and leading business / finance reviews

Qualified Accountant (CMA) & demonstrated experience and understanding of Accounting Principles and Controllership

Clear thinking / problem solving: successfully led cross-functional projects/process improvement within operations/finance function involving process improvement; able to quickly grasp new ideas

Leadership experience: has minimum of 3 years experience leading team members

Excellent communication skills: experience working across multiple levels (including executive level), functions and regions; able to clearly communicate complex financial information in a easy to understand manner; able to deliver message effectively verbally and in writing

Integrity: Accepting and adhering to high moral, ethical, and personal values in decisions, communications, actions, and when dealing with others

Proven ability to work on multiple projects & to meet strict deadlines

**Desired Characteristics:**

Confidence / Assertiveness: strong influencing skills across business functions; confidence to approach business leaders with difficult messages and defend position; for example, work closely with business leaders to achieve business objectives while driving controllership/GE Values

Experience working in global business environment with sound understanding of global process and transactional flows

Experience leading in a matrixed environment

Fluent English, Arabic speaking & reading

Experience with leading a cross functional team in a complex business organization.

External Auditing Firm graduate will be preferred (Big four)

**Locations:** Saudi Arabia; Riyadh

GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer at http://www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf . Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
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