About the Role
As the Manager of Accounting, you will drive the Finance & Control (F&C) mission within the Operating Company (OPC) in Jeddah, Saudi Arabia. Your primary focus will be to co-pilot the OPC by providing leadership in business decision-making, ensuring accurate accounting and reporting, and upholding the highest standards of stewardship and governance throughout the company. Additionally, you will play a crucial role in developing skilled professionals within the finance function.
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A Day in Life..
- Provide monthly financial performance visibility to the leadership team to facilitate informed decision-making, supporting Operations, Businesses, and Costing teams of the MENA regional office in understanding variances and making recommendations for year-to-go (YTG) projections (MOGE, COD, COGS, PFME, PRO, and other P&L line items).
- Ensure the accuracy, transparency, consistency, and timeliness of financial accounting records and reporting submissions (statutory and Magnitude), in full compliance with NAS and other corporate and local legal standards.
- Drive compliance within the OPC related to local legal, tax, and audit requirements while ensuring that effective internal controls are established, maintained, and monitored throughout the company and understood by all stakeholders.
- Drive and monitor credit reviews for new and existing customers, determining their credit limits and assigning them to risk categories. Accountable for the release or rejection of sales orders due to credit issues.
- Ensure regular and effective reporting of Key Performance Indicators (KPIs), Predictive Performance Indicators (PPIs), and Health Checks, along with Credit Management and Collection activities to minimize risk and proactively identify problem areas using analytical tools.
- Oversee KPIs and PPIs involved in Credit Management and Collections processes.
- Manage the relationship with the Center of Scale (COS) by driving Total Service Quality Monthly review actions.
- Support the implementation of continuous improvement initiatives with the Center of Scale across Record to Report (R2R) services, leveraging NCE methodologies to drive tangible benefits to the business while addressing market needs and standardization.
- Lead cost optimization and reduction initiatives in areas such as TTS, MOGE, and COD.
- Develop Finance and non-Finance capabilities within the country.
- Optimize structural set-up by identifying new business models and opportunities, providing different analyses that contribute an objective viewpoint and holistic perspective to decision-making processes.
- Drive process improvement to ensure simplicity and efficiency, collaborating with IS IT and Business Improvement teams to keep all work processes and systems up-to-date in the market, ultimately supporting value creation.
What will Make you Successful?
- CPA/University Master’s Degree in Business Administration, Finance, or Accounting.
- 8 years of prior management experience in areas such as Financial Controlling, Functional Controlling, or Audit.
- Experience in the Fast Moving Consumer Goods (FMCG) industry.
- International experience and mobility are advantages.
- Proficiency in English and Arabic.
- Experience in a multinational FMCG or consumer goods/distribution company; a Big 4 audit background is an advantage.
Benefits and Environment
You will be part of a dynamic, inclusive international working environment that offers many opportunities across different businesses, functions, and geographies while working with diverse teams and cultures. We prioritize the safety and well-being of our employees and encourage growth and development within our workforce.
