Financial Controller

Full time at NEOM in Saudi Arabia

Posted on February 24, 2025

Job details

Overview NEOM is an accelerator of human progress and a vision of what a new future might look like. A region in northwest Saudi Arabia on the Red Sea, NEOM is being built from the ground up to include hyperconnected, cognitive cities, ports, next-generation infrastructure and industries, enterprise zones, research centers, sports and entertainment venues and tourist destinations. As a destination, it will be a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation. As a workplace, it is a place for people who share our core values of care, curiosity, diversity, passion, respect, and becoming a catalyst for change. Are you ready to help NEOM find solutions to the world's most pressing challenges? Are you prepared to create a lasting legacy that benefits generations to come? Then we want to hear from you! Role Overview The Financial Controller (Accounting Senior Manager) will oversee all accounting and financial operations and manage the budget for joint venture projects. This role requires strong leadership and communication skills, advanced knowledge of accounting principles and financial management, and ensuring the integrity of financial information for effective decision-making. ROLE COMPETENCIES & ACTIVITIES Key Responsibilities

Ensure compliance with all accounting standards and regulations, including GAAP and IFRS.
Manage the budget for joint venture projects, including forecasting, tracking, and reporting on expenses and revenue.
Coordinate with joint venture partners to ensure accurate and timely reporting and communication of financial information.
Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements.
Develop and implement financial controls and processes to mitigate risk and ensure accuracy of financial data.
Manage and develop accounting staff, including hiring, training, and performance evaluations.
Collaborate with other departments and stakeholders to provide financial insights and support for business decisions.

Strategy Development and Planning

Act as a commercially focused accountant who manages the fast-paced dynamic of a scale-up, ensuring proper fact-based decision-making and integrity of numbers while providing required pushback to senior staff.
Partner with multi-billion SAR development projects involving complex partnership structures for sustainable food production.
Support the CFO Foods in developing the department strategy and related strategic plans.
Monitor and measure the implementation of the departmental strategy and plans to support NEOM Food's financial and accounting perspectives.

Financial Statements and Reports Development

Validate and oversee financial reporting managed by NEOM Global Business Services on behalf of NEOM Food.
Develop and implement financial reporting systems that meet IFRS principles and NEOM policies.
Ensure accurate recording of revenues, expenses, and investments while reconciling accounts and monitoring performance.
Prepare critical financial reports and ad-hoc analysis for stakeholders, ensuring governance and compliance.

Accounting Systems Management

Oversee central accounts activities to ensure accurate and timely processing of transactions.
Manage fixed assets accounting and ensure compliance with contractual terms and international standards.
Collaborate with shared services on accounting, tax, and treasury matters.

Document Management and Control

Manage documentation for accounting records and activities to ensure completeness and accuracy.

People Management

Build and lead a team, ensuring efficient operations aligned with policies.
Develop team members through leadership, guidance, and training to achieve objectives effectively.

Culture and Values

Embrace NEOM's culture and Values here .
Act with honesty and integrity by following best practices, and upholding the robust standards and expectations set out in NEOM's Code of Conduct.
Maintain fair, ethical and professional work practices in accordance with NEOM's Values and Code of Conduct.
Adhere to NEOM's Policies, procedures, and controls to ensure compliance with rules.

Experience & Qualifications Knowledge, Skills, and Experience

10+ years of accounting experience, with 5+ years in a managerial role.
Expertise in IFRS, internal/external audits, and Middle Eastern/KSA environments.
Strong commercial focus, providing leadership on large investment programs and partnerships.
Ability to design and implement robust accounting processes and controls.
Exceptional organizational, problem-solving, and analytical skills.
Proven ability to work effectively under pressure while maintaining high standards.
Experience building and managing diverse, multi-cultural teams.
Background in food-related businesses is an advantage.

Qualifications

Bachelor's degree in accounting or finance (Master's degree preferred).
CPA or CMA certification required.
Knowledge of joint venture accounting and budget management.

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Financial Controller

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