Business Controller Head for Al Arrab Contracting Co, Riyadh (Saudi Arabia)

Experience: 10 to 20 yrs.  | Salary: INR 15,00,000 - 25,00,000 P.A

Job Objective:

Oversee the Business Controller team who control project revenues and expenditures to ascertain that projects are completed on time and within budgetary guidelines (Update Senior Management on the developments in project front)

Responsibilities :

1. Ensuring a value added analysis and support in monitoring operations
2. Review the project cash flows prepared by the Project Business Controllers and recommend necessary changes
3. Foresee the project developments and advise Business Controllers to take necessary proactive steps and corrective measures
4. Ensure that financial policies on project management are complied
5. Overall monitoring of Project Budgets and timely amendment of budget for smooth cost booking
6. Review and guide Business Controllers in their Project CTC workings and give recommendations
7. Appraise project cost control function and advise CFO
8. Attend monthly project progress meetings
9. Make project visits and evaluate the reasoning given by the project team on the variances
10. Guide Business controllers in their preparation and control of project cash flows
11. Appraise financial clauses of contracts and joint venture agreements to ensure that company interest safeguarded
12. Liaise with joint venture management to ensure the timely completion of audit and other regulatory requirements
13. Foresee the major inflow and outflow of funds and inform treasury accordingly
14. Review major sub-contract documents and report to CFO
15. Act as the interface between project and accounting for monthly and quarterly project closing
16. Guide Business controllers on their monthly closing tasks like preparation of accruals

Qualifications & experience

Chartered Accountant/ACCA/ICWA with minimum 12 years post qualification experience in Mega/Joint venture projects (civil, power & transport sectors)

Strong knowledge of IFRS

PMP certification & ERP background will be an added advantage

Hands on experience with ERP systems (prefer Oracle exposure).

Good working knowledge of MS Excel (advanced) and Power Point.

Excellent Skills in interpreting financial data / number cruncher.

Effective problem solving procedures and techniques

  

Personal Attributes

Candidate with enthusiasm, focus and drive. Collaborative management style both with peers & subordinates. Geared to work with Roll-up the sleeves approach.

High level of integrity and dependability with a strong sense of urgency and results-orientation.

Leadership skills coupled with high energy, passion and self-initiative.

Good communication (both oral and written) & presentation skills.

Contact Details

Recruiter Name:

Marius van Staden

Contact Company:

Al Arrab Contracting

Email Address: