Financial Controller

About the Role

alfanar Group is seeking a Financial Controller to join their team in Riyadh. This full-time role involves overseeing financial planning, analysis, and management within a specific division, ensuring alignment with the organization's overall financial strategy. The Financial Controller will provide financial insights, budgeting, forecasting, and resource allocation guidance to support strategic decision-making and operational efficiency within the division.

Key Responsibilities

• Develop financial strategies that support business growth and sustainability.
• Lead budgeting, forecasting, and long-term financial planning processes.
• Monitor key financial metrics and business performance.
• Analyze variances and recommend actions to improve margins and cost efficiency.
• Provide financial insights for pricing, investments, and operational decisions.
• Build business cases and conduct scenario modeling to guide strategic choices.
• Identify and implement cost-saving initiatives.
• Ensure optimal allocation of financial resources across business units.
• Maintain strong internal controls and ensure regulatory compliance.
• Coordinate with audit, tax, and legal teams to manage financial risks.
• Deliver accurate and timely financial reports to leadership.
• Translate complex data into clear, actionable insights for decision-makers.

Required Experience and Skills

• 6-10 years of relevant experience.
• Ability to recruit, recognize, and cultivate high performers to create a robust second line of management.
• Capability to address low performance through guidance or necessary action.
• Commitment to treating subordinates equally without discrimination, with performance as the primary assessment criterion.
• Ensure the availability of a delegation of authority matrix in line with company policy.
• Full responsibility for operations as per job description and deliverables, adhering to company guidelines.
• Ability to anticipate problems and take proactive steps to prevent them.
• Capacity to make necessary and timely decisions.
• Deliver required results in a timely manner with specified quality and cost.
• Demonstrate a tangible positive impact on the area of operation, exceeding business expectations.
• Ability to transform corporate goals into business plans and execute them.
• Monitor plan performance, initiate actions to strengthen results, and take corrective measures.
• Provide periodic work progress reports.
• Responsible for monitoring and controlling budgets and expenses for optimum cost efficiency.
• Develop the organizational structure based on current and future requirements.
• Ensure availability and deployment of job descriptions for all roles.
• Develop and coordinate well-defined written systems, policies, procedures, and seek automation opportunities.
• Proficiency in IT solutions relevant to the job and business, promoting their full utilization.
• Adherence to quality as a prime competitive advantage for alfanar.
• Adaptability to new techniques, technologies, management structures, and business models.
• Ensure a safe, secure, and legal work environment according to standard regulations.