Senior Financial Controller & Contract Specialist - 1 Year Contract Extendable📣 Job Ad
| Contract Type | Seasonal | |
| Workplace type | On-site | |
| Location | Riyadh |
About the Role
Hays is seeking a Senior Financial Controller & Contract Specialist for a 1-year extendable contract role based in Riyadh, Saudi Arabia. This position is designed for professionals with a robust background in financial control, audit, and contract management. Candidates with a Big 4 audit background who have transitioned into financial control and can effectively manage contractual financial risks and governance are particularly encouraged to apply.
The role requires a senior individual contributor to lead financial control activities, ensure compliance with internal policies and IFRS, and manage contractual financial risks. The successful candidate will be instrumental in strengthening internal controls, supporting audit readiness, and identifying and mitigating financial risks.
Key Responsibilities
- Lead financial control activities, ensuring strict compliance with internal policies and International Financial Reporting Standards (IFRS).
- Oversee and manage financial reporting accuracy, cost control measures, and budget monitoring processes.
- Strengthen internal control frameworks and actively support audit readiness initiatives.
- Identify potential financial risks and implement effective mitigation strategies to safeguard company assets and financial stability.
- Liaise effectively with both internal and external auditors, facilitating smooth audit processes.
- Review and manage contracts with a keen focus on financial terms, associated risks, and overall compliance.
- Ensure that all contracts align seamlessly with company financial policies and established internal controls.
- Provide crucial financial input and analysis during contract negotiations and any subsequent amendments.
- Monitor contract performance, track adherence to obligations, and assess financial exposure throughout the contract lifecycle.
- Collaborate closely with legal and commercial teams on contract structuring to ensure financial viability and risk mitigation.
- Ensure adherence to established governance frameworks and all relevant regulatory requirements.
- Analyze and mitigate both financial and contractual risks, implementing robust control measures.
- Implement best practices in financial control and contract oversight to enhance operational efficiency and compliance.
Qualifications and Requirements
- A minimum of 10 years of progressive experience in financial control, audit, or a closely related field.
- Mandatory experience gained from a Big 4 accounting firm, either in audit or financial advisory services.
- A strong, demonstrable background in financial controlling, internal controls, and auditing principles and practices.
- Proven exposure to contract review and management from a financial perspective, understanding the financial implications of contractual agreements.
- A solid understanding of financial reporting standards, specifically IFRS.
- Experience working effectively within complex, fast-paced business environments.
- Fluency in Arabic is mandatory for this role.
Required Skills
- Expertise in Financial Control and Internal Controls.
- Proficiency in Audit processes and Audit Readiness.
- Comprehensive Contract Management and Contract Review capabilities.
- Strong understanding of Financial Terms and Contract Compliance.
- Knowledge of Financial Policies and Contract Negotiations.
- Ability to manage Contract Amendments, Contract Performance Monitoring, and Financial Exposure assessment.
- Skills in Contract Structuring and understanding Governance Frameworks.
- Proficiency in assessing Regulatory Requirements and implementing Financial Risk Mitigation and Contractual Risk Mitigation strategies.
- Adherence to Financial Control Best Practices and Contract Oversight Best Practices.
- In-depth knowledge of IFRS.
- Excellent Analytical Skills and Problem-Solving capabilities.
- High Attention to Detail and a strong Governance Mindset.
- Effective Stakeholder Management and Communication Skills.
Contract Details and Location
This is a contract position with an initial duration of 1 year, offering the possibility of extension. The work type is contract-based. The role is located in Riyadh, Saudi Arabia.
Requirements
- Requires +10 Years experience
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